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What is the purpose of the non-compete clause?

 The non-compete clause prevents the receiving party from beginning or working for a company that directly competes with you. This is another way to protect your confidential information.

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Related

  • What is a Mutual Nondisclosure Agreement?
  • What is a One-Way Nondisclosure Agreement?
  • Are a Nondisclosure Agreement and a Confidentiality Agreement the Same?
  • Can more than two parties be involved in a Nondisclosure Agreement?
  • How long should it take to finalize a Nondisclosure Agreement?
  • How are the various agreements different?
  • Why is it necessary to have a written agreement?
  • Why do I need to specify a location or jurisdiction?
  • How long should I make the responsibilities of confidentiality last after the termination of the agreement?
  • How long should I prevent the receiving party from competing?

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