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Non-Competition

A non-compete agreement is a legal contract where an employee agrees not to start a similar business or work for a competitor within a specific geographic area and time period after leaving a company. It aims to protect the company's confidential information, client relationships, and trade secrets. These agreements are common in certain professions and industries but must be reasonable in scope and duration to be enforceable. Essentially, it limits an individual's ability to compete directly with their former employer for a certain time and place to safeguard business interests.