NON-COMPETITION AGREEMENT
This Non-Compete Agreement is entered into between ProSeeds Futbol, LLC of address
[ADDRESS] (hereinafter, the “Company”) and Aparso (Fujian) Sportswear Co Ltd of address
[ADDRESS] (hereinafter ‘the Manufacturer”) on [DATE] (effective date). The Company and the
Manufacturer shall be referred to as “parties” hereafter.
BACKGROUND
Whereas, the Manufacturer deals in the business of manufacturing sporting equipment and
apparel;
Whereas, the Company has hired the Manufacturer to manufacture branded sporting equipment
and apparel for the Company and;
Whereas, the Manufacturer agrees to the restrictions described herein as binding.
Therefore, the Company and the Manufacturer intending to be legally bound by these terms
agree to the following :
- NON-COMPETITION.
For the entire duration of this agreement and for the time the Manufactures Agreement
with the Company has been terminated for any reason, the manufacturer will not engage
in any activity that poses unwarranted competition with the Company. - INTELLECTUAL PROPERTY
The Parties acknowledge and agree that the Company will hold all intellectual property
rights in any work product resulting from the service agreement of the parties which
include but not limited to, copyright, trademark rights, designs, brand, logos, texts and
slogans. The Manufacturer agrees not to claim any such ownership in such work
product’s intellectual property at any time prior to or after the completion and delivery of
such work product to the Company.
The manufacturer agrees not to make any counterfeit items to disguise the original
products of the Company. - PARTY’S ACKNOWLEDGEMENTS.
The Party acknowledges that they 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 the Company’s
business interests. Finally, the Party agrees that these restrictions are reasonable and do
not constitute a threat to their livelihood. - APPLICABLE LAW.
This Agreement and its interpretation shall be governed by the laws of [STATE,
PROVINCE OR TERRITORY]. Any dispute that may arise from this agreement shall be
adjudicated in a court of competent jurisdiction in the state mentioned herein.
This agreement shall apply in both local and international markets and all applicable laws
that govern trade internationally shall apply.
IN WITNESS WHEREOF, both parties agree to these terms and give their consent and authority
to this agreement below.
Party’s Signature Date
Company Official Signature Date
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