A Georgia Non-Compete Agreement is a document concluded between an employer and an employee. It sets out particular restrictions if the subject employee decides to quit the job. With this arrangement, the employer assumes to prohibit the employee from taking a similar position for a designated time or practicing competitive behavior inside a particular geographical area. A great example of such competitive action would be revealing confidential data to another business party.
Any Non-Compete Agreement shall be flexible and comply with the subject organization’s necessities. NCA records are supposed to preserve the company’s commercial data from getting into the wrong hands. The document is a legally binding agreement that might require both parties’ personal and financial information. Administrative personnel responsible for preparing the non-compete agreement template must consult the disclosing party on the agreement’s relevant preferences and conditions to make it exhaustive.
All Georgia restrictions, requirements, and laws regarding NCA concern non-legitimate business practices or unfair competition and are reflected in the Georgia Code. Local authorities may correct such situations based on the Code’s rules and norms. You may find all the necessary regulations in Sections 13-8-2, 13-8-50, and 13-8-59. Please make sure to get acquainted with them before proceeding to compile or sign an NCA. Hereunder, you will find essential features of such an agreement.
According to the Georgia Code, non-compete agreement forms are only applicable to the employees who:
Popular Local NCA Forms
Non-compete forms are accepted and enforced to some degree by the majority of states in the US, which makes them fairly popular amongst various firms. Read more about the most common states searched by our visitors concerning non-compete agreements.
Additional conditions suggest that a person signing an NCA meets other requirements. The subject employee must:
If you are applying for a position that meets all or at least one of these requirements, you will need to sign an NCA. Always read the agreement thoroughly and ask questions if you have any doubts to avoid misunderstandings, as the latter might have serious legal consequences for you.
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