Non-compete Agreement Template - Minnesota

A Minnesota Non-Compete Agreement is a way of keeping company secrets safe from disclosure to other parties that are not permitted to possess this knowledge. This agreement is often formed between an employer and an employee that will have access to this specific knowledge. When the employee signs this agreement, they agree in writing to keep certain information to themselves for a limited period of time - which is also outlined in the document.

By failing to prepare this document, the company risks their confidential information from being disclosed to the public or competitors. If your rivals get their hands on such information, they can use it for their advantage which could eventually put you out of business. Therefore, it is extremely important that you use a Minnesota Non-Compete Agreement Template to make sure that all of the relevant details are included in the document.

In Minnesota, there is no legal statute for regulating this on a legal level as there is no real desire to apply these. However, if formed correctly and if the document is deemed fair in respect to both parties, then the agreement can be applied on a legal level.

Still looking for a particular template? Take a look at the related templates and forms below:

• HR Forms;
• Employment Contract Template;
• Employee Performance Forms and Templates.