Reading time: 2 minutes

A non-compete agreement is an agreement between two parties whereby one party agrees not to compete with the other for a defined period in a defined area. Although many employment contracts include non-compete provisions, a separate document may be presented by, for example, an employer to an employee.

A non-compete agreement should be provided to a prospective employee before they commence employment with an employer. If it is provided after an employee’s employment has commenced then it may not be upheld. A non-compete agreement does not necessarily have to be between an employer and an employee, a company and a contractor may, for instance, decide to enter into one.

The purpose of a non-compete agreement is to ensure that when a party ceases engagement or employment, then the former contractor or employee will not engage in any activities that are in competition to the other party’s business.

It is important that the protections afforded to a party’s business by a non-compete agreement are reasonable, otherwise the agreement may be unenforceable.

The LegalVision network of lawyers can help advise you if you’re looking to enter into a non-compete agreement. It’s important that you seek legal advice should be sought to determine whether the terms of a non-compete agreement are reasonable.

Webinars

Construction Contract Essentials

Thursday 12 August | 11:00 - 11:45am

Online
Understand how construction contracts are drafted and how to protect your construction business.
Register Now

Startup 101: Understanding Cap Tables and ESOPs

Thursday 19 August | 11:00 - 11:45am

Online
Cap tables and employee share option plans are essential for fast-growing startups. Learn more with this free webinar.
Register Now

Expanding to NZ: Structuring Your Business For Success

Thursday 26 August | 2:00 - 2:45pm

Online
Launching a business in New Zealand? Understand how to structure your business for success with this free webinar.
Register Now

Preventing Modern Slavery: Your Business’ Legal Obligations

Thursday 9 September | 11:00 - 11:45am

Online
Are you an Australian business with $100m+ annual consolidated revenue? Learn how to determine if you are a modern slavery reporting entity and your obligations under the legislation with this free webinar.
Register Now

About LegalVision: LegalVision is a tech-driven, full-service commercial law firm that uses technology to deliver a faster, better quality and more cost-effective client experience.

The majority of our clients are LVConnect members. By becoming a member, you can stay ahead of legal issues while staying on top of costs. From just $119 per week, get all your contracts sorted, trade marks registered and questions answered by experienced business lawyers.

Learn more about LVConnect

Need Legal Help? Get a Free Fixed-Fee Quote

If you would like to receive a free fixed-fee quote or get in touch with our team, fill out the form below.

  • 2020 Excellence in Technology & Innovation – Finalist – Australasian Law Awards 2020 Excellence in Technology & Innovation Finalist – Australasian Law Awards
  • 2020 Employer of Choice – Winner – Australasian Lawyer 2020 Employer of Choice Winner – Australasian Lawyer
  • 2021 Fastest Growing Law Firm - Financial Times APAC 500 2021 Fastest Growing Law Firm - Financial Times APAC 500
  • 2020 AFR Fast 100 List - Australian Financial Review 2020 AFR Fast 100 List - Australian Financial Review
  • 2021 Law Firm of the Year - Australasian Law Awards 2021 Law Firm of the Year - Australasian Law Awards
  • Most Innovative Law Firm - 2019 Australasian Lawyer 2019 Most Innovative Firm - Australasian Lawyer