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Non-Compete Agreements and Non-Disclosure Agreements help to protect your business, ideas, assets, trade secrets and intellectual property from unauthorized use or disclosure by another. This is important when we willingly share information with others in the course of doing business, whether it’s to explore a joint-venture relationship or seek assistance in bringing ideas to market, or through employees and independent contractors. While no agreement is foolproof, Non-Compete Agreements and Non-Disclosure Agreements are essential to protect and safeguard your business information and intellectual property developments. An attorney-prepared Non-Compete Agreement and/or Non-Disclosure Agreement ensures the agreement is customized for your particular business needs.

What is a Non-Compete Agreement? What is a Non-Disclosure Agreement?

A Non-Compete Agreement and a Non-Disclosure Agreement are each agreements between two or more persons or parties not to disclose certain information, tangible or intangible, in any form, of proprietary value or otherwise deemed confidential by the disclosing party, and also not to use such information to compete with the disclosing party. The Agreement usually includes a specific (or general) definition of what constitutes confidential and proprietary information, the manner in which such information must be protected, restrictions on disclosure, exceptions to the obligation of confidentiality, and restrictions on how that information can be used and/or exploited. Oftentimes, the Non-Compete Agreement and Non-Disclosure Agreement will be combined in one document, and may even be included in a larger Confidentiality Agreement.  Your Non-Compete Agreement and/or Non-Disclosure Agreement should be attorney prepared to ensure they meet the specific needs of the transaction at hand.

Call Minott Gore, P.A. for a free consultation about your particular Non-Compete Agreement or Non-Disclosure Agreement with one of our attorneys. Our team of experienced contracts attorneys can help draft an agreement custom tailored for your business.