Non-Compete After Sale of Business

This Non-Competition Agreement by Seller of a Business is between a seller of a business to the buyer of that business. In this agreement the seller agrees that he or she will not engage directly, or indirectly, in a business that competes with the business being sold. This agreement sets forth specific details of the agreement and includes provisions regarding confidentiality and non-solicitation of employees and customers. Having a written Non-Competition Agreement by Seller of a Business is vital and will prove valuable in the event of disagreements or litigation. (continued ...)