Noncompetition and Nonsolicitation Agreement

If you are buying a business, protect your interests by having the seller execute this Noncompetition and Nonsolicitation Agreement.

• The seller agrees not to operate a business that competes directly or indirectly with the Business for a specified period of time after completion of the sale (non-competition).
• The seller also agrees not to solicit the customers or employees of the purchaser (non-solicitation).
• The purchaser agrees to keep confidential any proprietary information belonging to the seller.

This Noncompetition and Nonsolicitation Agreement is available in MS Word format, and is fully editable to fit your needs.