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Non-Compete Agreement Draft

This non-compete agreement is between Synergy88 Digital Inc. and Jose Marco P. Estaves to restrict Estaves from working for competitors for a certain duration after ending employment with Synergy88. The agreement acknowledges that Estaves will perform duties as part of an employment agreement and that the non-compete restrictions are in partial consideration for that employment agreement. It prohibits Estaves from working for companies in the same industry as Synergy88 within a certain geographic area for the duration of the employment agreement and for an additional time period after. Both parties agree the restrictions are fair and will not unduly burden Estaves's livelihood. The agreement is governed by Philippine law.
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0% found this document useful (0 votes)
895 views

Non-Compete Agreement Draft

This non-compete agreement is between Synergy88 Digital Inc. and Jose Marco P. Estaves to restrict Estaves from working for competitors for a certain duration after ending employment with Synergy88. The agreement acknowledges that Estaves will perform duties as part of an employment agreement and that the non-compete restrictions are in partial consideration for that employment agreement. It prohibits Estaves from working for companies in the same industry as Synergy88 within a certain geographic area for the duration of the employment agreement and for an additional time period after. Both parties agree the restrictions are fair and will not unduly burden Estaves's livelihood. The agreement is governed by Philippine law.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Non-Compete Agreement

This Non-Compete Agreement is entered into as of [DATE] _____________________ by and


between SYNERGY88 Digital Inc., having its principal place of business located at Rm 302
Estuar Building 41 Timog Avenue, Barangay South Triangle Quezon City, Metro Manila (the
“Company”) and JOSE MARCO P. ESTEVES (the “Reresentative”), both of whom agree to
be bound by this Agreement.

WHEREAS, the Company is in the business of Production Animation.

WHEREAS, the Representative and the Company have entered into an agreement
whereby the Representative will perform duties related to their position as a [Job Title]; and

WHEREAS, the Representative agrees to the restrictions described herein as partial


consideration for the Company’s promises inherent in the Representative Agreement.

NOW, THEREFORE, in consideration of the mutual and promises made by the parties
hereto, the Company and the Representative (each individually a “Party” and collectively the
“Parties”) covenant and agree as follows:

1. ACKNOWLEDGE OF RELATIONSHIP. The Parties agree and acknowledge that this


Agreement is granted in consideration of the promises agreed to in the
Representative Agreement.

2. NON-COMPETITION. For the duration of the Representative Agreement and any


subsequent agreement executed for the same or similar purpose and for [DURATION]
after the termination of such agreements, the Representative shall not work as an
employee, officer, director, partner, consultant, agent, owner, or in any other capacity
in any competition with the Company. This means that the Representative must not
do any of the above for a company that [DESCRIBE RESTRICTED TYPE OF COMPANY]
in [GEOGRAPHIC AREA].

3. REPRESENTATIVE ACKNOWLEDGEMENTS. The Representative acknowledges


that: (a) this Agreement has been specifically bargained between the Parties; (b) the
Representative has had the opportunity to obtain legal counsel to review this
Agreement; (c) the restrictions imposed are fair, reasonable and necessary to protect
the legitimate business interests of the Company; and (d) such restrictions will not
place an undue burden upon the Representative’s livelihood in the event of
enforcement of the restrictions described.

4. APPLICABLE LAW. This Agreement and the interpretation of its term shall be
governed by and construed in accordance with the laws of the State of the Philippines
and subject to the exclusive jurisdiction of the federal and state courts located in
Quezon City Philippines.

IN WITNESS WHEREOF, each of the Parties has executed this Contract, both Parties
by its duly authorized officer, as of the day and year set forth below.

Sign in Presence of:

SYNERGY88 DIGITAL Inc. JOSE MARCO P. ESTEVES

Signature over printed name/Date Signature over printed name/Date

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