contract not to compete

contract not to compete
An agreement by an employee that he will not for a stated period and within a specific geographical area compete with his employer after termination of his employment. These contracts are enforceable if the time span and area are reasonable

Black's law dictionary. . 1990.

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  • contract not to compete — An agreement by an employee that he will not for a stated period and within a specific geographical area compete with his employer after termination of his employment. These contracts are enforceable if the time span and area are reasonable …   Black's law dictionary

  • covenant not to compete — covenant not to com·pete n: a covenant in an agreement (as for the sale of a business) by which one party agrees not to engage in the same business or a similar business in a particular area for a period of time Merriam Webster’s Dictionary of… …   Law dictionary

  • covenant not to compete — An agreement, generally part of a contract of employment or a contract to sell a business, in which the covenantor agrees for a specific period of time and within a particular area to refrain from competition with the covenantee. Such covenant… …   Black's law dictionary

  • covenant not to compete — An agreement, generally part of a contract of employment or a contract to sell a business, in which the covenantor agrees for a specific period of time and within a particular area to refrain from competition with the covenantee. Such covenant… …   Black's law dictionary

  • compete — com|pete W3S3 [kəmˈpi:t] v ▬▬▬▬▬▬▬ 1¦(business)¦ 2¦(person)¦ 3¦(in a competition)¦ 4 somebody/something can t compete with somebody/something ▬▬▬▬▬▬▬ [Date: 1600 1700; : Late Latin; Origin: competere [i] to try (with others) to get , from Latin,… …   Dictionary of contemporary English

  • compete — verb (I) 1 PERSON/BUSINESS to try to be more successful than another person or organization, especially in business (+ with): They found themselves competing with foreign companies for a share of the market. (+ for): She and her sister are always …   Longman dictionary of contemporary English

  • Contract bridge — Bridge declarer play Alternative name(s) Bridge Type trick taking Players 4 Skill(s) require …   Wikipedia

  • contract bridge — [kän′trakt΄] n. a form of bridge, developed from auction bridge, in which only the number of tricks named in the contract may be counted toward a game, additional tricks being counted as a bonus score * * * ▪ 2003  For a sample contract bridge… …   Universalium

  • Compete — can refer to:*Competition the rivalry of two or more parties *Compete.com a web traffic analysis company *Compete America an industry trade group *Non compete clause a term used in contract law under which one party (usually an employee) agrees… …   Wikipedia

  • Compete (disambiguation) — Compete can refer to: Competition the rivalry of two or more parties Compete.com a web traffic analysis company Compete America an industry trade group Non compete clause a term used in contract law under which one party (usually an employee)… …   Wikipedia

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