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Non-Competition Agreements

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Non-competition agreements are restrictive contracts between employers and employees that 1) prohibit workers from revealing proprietary information about the company to competitors or other outsiders, or 2) forbid workers from themselves competing with their ex-employer for a certain period of time after leaving the company. Non-competition agreements are important tools that small business owners may wield to ensure that key personnel do not walk off and establish a competing business on the strength of knowledge and contacts that they gained during their stint at the small business in question.

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