NON-COMPETE AGREEMENT
THIS AGREEMENT (hereafter, ‘‘this agreement’’) effective as of [DATE], is made and entered
into by and between [NAME OF COMPANY] of address [ADDRESS] (hereafter
‘‘Us/We/Our’’) and [NAME OF COMPANY] of address [ADDRESS] (hereafter, ‘‘You’’).
WHEREAS, we acts as agents for our customers’ supplement products manufactured by you;
WHEREAS, you manufacture products that we distribute to our customers
NOW THEREFORE, in consideration of the foregoing premises, and of the mutual promises
and covenants herein contained, You and Us (hereafter, ‘‘the parties’’), intending to be legally
bound and do hereby agree as follows:
- TERM OF THE AGREEMENT
This Agreement is effective on the Effective Date, and shall remain in effect throughout the
term of our service agreement. - NON-COMPETITION.
2.1. For the entire duration of this Agreement and the service agreement prior signed by the
parties, You agree not to compete with Us by poaching any of our clients or transacting with
our clients directly.
2.2. You acknowledge that You have been provided with the opportunity to negotiate this
agreement, have had the opportunity to seek legal counsel before signing this agreement, and
that the restrictions imposed are fair and necessary for Our business interests.
2.3. You agree that these restrictions are reasonable and do not constitute a threat to your
business. - TERMINATION
Either Party to this Agreement may terminate this Agreement upon a written notice of
termination to the other Party.
- INJUNCTIVE RELIEF
You hereby acknowledge;
(1) That we will suffer irreparable harm if You breach your obligations under this
Agreement; and
(2) That monetary damages will be inadequate to compensate us for such a breach.
Therefore, if you breach any of such provisions, then we shall be entitled to injunctive relief,
in addition to any other remedies at law or equity, to enforce such provisions. - SEVERABILITY
The parties agree that if any portion of this contract is found to be void or unenforceable, it shall
be struck from the record and the remaining provisions will retain their full force and effect. - MODIFICATION OF THIS AGREEMENT
This Agreement may be modified only by a writing executed by You and Us. - PRIOR UNDERSTANDING
This Agreement contains the entire agreement between the parties with respect to the subject
matter of this Agreement. The Agreement supersedes all prior understanding, agreements, or
representations. - DISPUTES
Except as otherwise specifically agreed in writing by You and Us, any dispute relating to any
rights and/ or obligations arising from this Agreement which is not resolved by the parties
shall be adjudicated by any court of competent jurisdiction.
- JURISDICTION
This contract shall be governed, interpreted, and construed in accordance with the laws of
[STATE, PROVINCE OR TERRITORY].
In Witness Whereof, this Agreement is duly executed by the duly authorized representatives of
the parties as set forth below:
Signature Date
Signature Date
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