Non-compete Agreement Template - Louisiana

Non-compete Agreement Template - Louisiana

A Louisiana Non-Compete Agreement is an agreement formed and signed between an employer and employee. The agreement disallows an employee from being employed in similar, rival companies for a fixed period of time. The main reason for this is to ensure that confidential information is not spread by former employees after they leave a company. Such information can include secrets of the business or information concerning clientele. If such an agreement is not signed, the employee would be able to freely seek employment in a similar position, working for a competitor. The gained information and skills they received at the previous employer could be used against that same company.

The main criteria that must be followed in the agreement for it to be considered as acceptable, concern the conditions of the agreement. It is stated that they should be fair in regards to the employee when they come to seeking employment and should not limit them to an unnecessary extent. The geographical area should also be carefully considered in the agreement and generally, should be no more than 2 years from the moment that the employee terminated their employment at the company. All vital information concerning the agreement is included within a Louisiana Non-Compete Agreement Template.


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