A Massachusetts Non-Compete Agreement is a document in which a business protects specific private information by excluding another party from sharing this information. These parties can include, in most cases, the employee or employee candidate but also any business partners or contractors hired to complete a specific task. The document should clearly outline which information should not be exposed to any third party. By signing this document, an individual confirms their agreement to this and any other conditions included in the agreement. The document should also provide information about the time period that it will remain effective for. The countdown for this time period usually starts from when an employee stops working at the company.
If this document is not signed, it could provide competitors with an unfair advantage by passing along information which a company worked very hard to achieve. This could have rather serious results - even the potential collapse of a business. Therefore the agreement should be formed with great care by using a Massachusetts Non-Compete Agreement Template.
Still looking for a particular template? Take a look at the related templates and forms below: