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Non Compete Partnership Agreement

Non Compete Partnership Agreement Template for Philippines

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Key Requirements PROMPT example:

Non Compete Partnership Agreement

"I need a Non Compete Partnership Agreement for a technology consulting firm in Manila, with three equal partners, including 2-year non-compete restrictions within the National Capital Region and specific provisions for protecting client relationships and intellectual property."

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Document background
The Non-Compete Partnership Agreement is essential for businesses and individuals in the Philippines seeking to form partnerships while protecting their competitive interests. This document is particularly crucial when partners will have access to sensitive business information, trade secrets, or valuable client relationships. It combines standard partnership provisions required under Philippine law with carefully crafted non-compete clauses that must be reasonable in scope, duration, and geographic coverage to be enforceable under Philippine jurisdiction. The agreement typically includes detailed sections on partnership structure, management, profit sharing, and specific non-compete obligations, while ensuring compliance with both the Civil Code of the Philippines and the Philippine Competition Act. It's commonly used in professional services, technology sectors, and other industries where protecting competitive advantages is crucial.
Suggested Sections

1. Parties: Identification and details of all partners entering into the agreement

2. Background: Context of the partnership formation and purpose of the agreement

3. Definitions: Key terms used throughout the agreement including partnership scope, competitive activities, and territorial limitations

4. Partnership Structure: Details of partnership type, ownership percentages, and capital contributions

5. Scope of Partnership: Detailed description of the partnership's business activities and objectives

6. Non-Compete Obligations: Specific non-compete provisions including duration, geographic scope, and prohibited activities

7. Management and Decision Making: Partnership management structure and voting rights

8. Financial Provisions: Profit sharing, losses, accounting practices, and financial responsibilities

9. Term and Termination: Duration of the agreement and circumstances for termination

10. Confidentiality: Protection of partnership's confidential information and trade secrets

11. Enforcement and Remedies: Legal remedies available in case of breach of non-compete or other provisions

12. Governing Law and Jurisdiction: Specification of Philippine law application and jurisdiction

13. General Provisions: Standard clauses including notices, amendments, and severability

Optional Sections

1. Non-Solicitation: Additional restrictions on soliciting employees, customers, or suppliers - include when partners have significant client relationships or specialized workforce

2. Intellectual Property Rights: Specific provisions for IP ownership and usage - include when the partnership involves creation or use of intellectual property

3. Training and Support: Obligations regarding partner training and operational support - include for partnerships involving technical or specialized knowledge transfer

4. Insurance Requirements: Specific insurance obligations - include when partnership involves high-risk activities or significant assets

5. Dispute Resolution: Alternative dispute resolution procedures - include when partners prefer arbitration or mediation over court proceedings

6. Exit Mechanisms: Detailed procedures for partner exit or buy-out - include for long-term partnerships or those with significant capital investments

Suggested Schedules

1. Schedule A - Partnership Assets: Detailed list of initial partnership assets and contributions

2. Schedule B - Restricted Activities: Specific list of prohibited competitive activities

3. Schedule C - Territory Definition: Detailed description and/or maps of geographic areas covered by non-compete provisions

4. Schedule D - Profit Sharing Formula: Detailed calculation method for profit distribution

5. Appendix 1 - Partner Contact Information: Complete contact details for all partners and authorized representatives

6. Appendix 2 - Business Plan: Initial business plan and partnership objectives

Authors

Alex Denne

Head of Growth (Open Source Law) @ 抖阴短视频 | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions

































Clauses






























Relevant Industries

Professional Services

Technology and Software

Manufacturing

Retail and Distribution

Healthcare Services

Management Consulting

Food and Beverage

Real Estate

Financial Services

Education and Training

Relevant Teams

Legal

Corporate Affairs

Executive Leadership

Business Development

Operations

Compliance

Risk Management

Strategy

Partnership Management

Commercial

Relevant Roles

Business Owner

Managing Partner

Chief Executive Officer

Chief Operating Officer

Business Development Director

Legal Counsel

Corporate Lawyer

Partnership Manager

Operations Director

Professional Service Provider

Franchise Owner

Joint Venture Manager

Startup Founder

General Manager

Company Director

Industries






Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

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