Confidentiality, Non-Compete and Non-Solicitation Agreement
Confidentiality, Non-Compete, and Non-Solicitation are restrictive clauses that may exist within your employment contract. Different contracts may include them in various lengths, including restricting an employee’s activities during and potentially after employment, various geographic scopes, and various restrictive activities. Their purpose is commonly to protect the business’s interest. These clauses are enforceable and should be well understood by the employee.
Clarification of the clauses:
Confidentiality: the employers attempt to restrict an employee from sharing or discussing important or private information that pertains to the business obtained during their employment. This clause prohibits them from sharing it during the course of their work, and potentially after they leave that position.
Non-competition: this is when the employer limits their employee to work directly or indirectly with another company that they compete with- both during and after they cease to work in that firm.
Non-solicitation: this term is the employer’s attempt to prevent an employee from taking potential or current clients, as well as co-workers (other employees they work with), during and after their period of employment.
Buttar Law can help you understand these clauses and their consequences if they are present in your employment contract.