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Non Compete Agreement For Sales Representative
"I need a Non Compete Agreement For Sales Representative under Philippine law for our senior pharmaceutical sales representative who handles our top 20 hospital accounts, with a 2-year restriction period starting March 2025 and covering the National Capital Region."
1. Parties: Identifies the employer company and the sales representative, including their complete legal names and addresses
2. Background: Explains the context of the agreement, including the sales representative's role and access to confidential information
3. Definitions: Defines key terms used throughout the agreement, including 'Confidential Information', 'Competing Business', 'Territory', and 'Restricted Period'
4. Scope of Non-Compete: Details the specific activities and types of employment or business engagement that are prohibited
5. Duration of Restrictions: Specifies the time period during which the non-compete obligations will remain in effect
6. Geographic Scope: Defines the geographical areas where the restrictions apply
7. Consideration: Specifies the compensation or benefits provided in exchange for the non-compete obligations
8. Confidentiality Obligations: Details the employee's obligations regarding confidential information and trade secrets
9. Acknowledgments: Employee's confirmation of the reasonableness of restrictions and receipt of consideration
10. Remedies: Outlines the consequences of breach and available legal remedies
11. General Provisions: Standard clauses including governing law, severability, and entire agreement
1. Non-Solicitation of Customers: Additional restrictions on approaching or dealing with company customers, used when the sales representative has significant customer relationships
2. Non-Solicitation of Employees: Restrictions on recruiting other employees, included when the representative has significant influence over other staff
3. Garden Leave: Provisions for paid leave during notice period, used for senior sales positions
4. Return of Company Property: Detailed provisions for returning company assets, included when the representative has access to significant company resources
5. Post-Employment Cooperation: Requirements for cooperation in transition of accounts, included for complex client relationships
6. Training Cost Recovery: Provisions for recovering training investments, used when significant training has been provided
7. Monitoring and Compliance: Procedures for monitoring compliance, included for high-risk positions
1. Schedule A - Territory Definition: Detailed map or list of geographic areas covered by the non-compete restrictions
2. Schedule B - Competing Businesses: List of specific competitors or types of competing businesses covered by the agreement
3. Schedule C - Compensation Details: Breakdown of consideration provided for the non-compete obligations
4. Schedule D - Confidential Information: Detailed list of types of confidential information covered by the agreement
5. Appendix 1 - Customer Accounts: List of customer accounts the employee has managed (if applicable)
6. Appendix 2 - Sales Territory Map: Visual representation of the sales territory and restricted areas
Authors
Pharmaceutical
Technology
Financial Services
Manufacturing
Consumer Goods
Telecommunications
Insurance
Real Estate
Medical Devices
Industrial Equipment
Professional Services
Automotive
Software and IT
Healthcare
Construction Materials
Sales
Business Development
Commercial Operations
Marketing
Customer Success
Product Management
Legal
Human Resources
Regional Operations
Account Management
Sales Representative
Account Executive
Sales Manager
Business Development Manager
Territory Sales Manager
Key Account Manager
Regional Sales Director
Sales Engineer
Technical Sales Specialist
Inside Sales Representative
Field Sales Representative
Senior Sales Executive
Commercial Sales Manager
National Sales Manager
Sales and Marketing Coordinator
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