When it comes to business deals, it is important to have a non-circumvention agreement to protect your interests. This agreement prevents other parties or competitors from working with your clients or partners by circumventing your influence. In this article, we will provide you with a free non-circumvention agreement template that you can use for your own business dealings.
A non-circumvention agreement is a legally binding contract that prevents the recipient of confidential information or business contacts from bypassing your authority by working directly with your clients or partners. The agreement is typically entered into between two or more parties and outlines the terms of the relationship between them. This agreement is critical for businesses that rely on their relationships with their customers to generate revenue.
The non-circumvention agreement template we provide is fully customizable to the specific needs of your business, and you can modify it to meet your requirements. It includes all the essential clauses that are necessary to protect your business interests.
Here is a sample of what the non-circumvention agreement template includes:
1. Definition of terms – This section specifies the terms used in the agreement, which clarifies the meaning of the terms used throughout the contract.
2. Confidentiality – This clause is important to protect your confidential information and trade secrets. It requires the other party to keep your confidential information and trade secrets confidential and not to disclose them to any third party.
3. Non-circumvention clause – This is the most important clause of the agreement. It prevents the recipient from circumventing your influence with your clients or partners.
4. Non-solicitation clause – This clause prevents the recipient from soliciting or doing business with any of your clients or partners that they have learned about through this agreement.
5. Governing law – This section specifies the jurisdiction that will govern the agreement.
6. Termination – This clause outlines the conditions under which the agreement can be terminated.
7. Indemnification – This clause specifies the responsibilities of each party in case a dispute arises.
The non-circumvention agreement template we provide is free to download and use. To customize it, all you need to do is fill in the blanks with your company name, the name of the recipient, the date, and any other relevant information.
In conclusion, a non-circumvention agreement is essential to protect your business interests when dealing with clients or partners. By downloading and customizing our free non-circumvention agreement template, you can ensure that your business relationships are protected and help minimize the risk of loss.