Washington Non-Compete Agreement
This Non-Compete Agreement ("Agreement") is made and entered into as of [Date] by and between:
- [Employee's Full Name], residing at [Employee's Address] ("Employee"),
- and
- [Employer's Business Name], a corporation organized under the laws of the State of Washington, with its principal place of business located at [Employer's Address] ("Employer").
1. Purpose
Employee agrees that, in consideration of the employment with the Employer, they will be subject to the terms and conditions specified in this Agreement to protect the legitimate business interests of the Employer.
2. Non-Compete Obligation
During the term of employment, and for a period of [Insert Duration] after termination, the Employee agrees not to engage in any business that competes with the Employer. This restriction applies within the geographic area of [Insert Geographic Area].
3. Exceptions
This Agreement does not prohibit the Employee from owning less than [Insert Percentage]% of a competing business if it is publicly traded.
4. Severability
If any provision of this Agreement is found to be unenforceable or invalid, the remaining provisions shall remain in effect. The invalid provision will be modified to reflect the parties' intention as closely as possible.
5. Governing Law
This Agreement will be governed by and construed in accordance with the laws of the State of Washington.
6. Entire Agreement
This document represents the entire Agreement between the parties and supersedes any prior agreements or understandings, whether oral or written.
IN WITNESS WHEREOF, the parties hereto have executed this Non-Compete Agreement as of the day and year first above written.
[Employee's Signature] [Date]
[Employer's Authorized Signatory] [Date]