Official Non-compete Agreement Document for Maine

Maine Non-compete Agreement Template

This Non-compete Agreement (hereinafter referred to as the "Agreement") is made effective as of ______ [Insert date], by and between ______ [Insert Employee's Name], residing at ______ [Insert Employee's Address] (hereinafter referred to as the "Employee"), and ______ [Insert Employer's Name], a corporation organized and existing under the laws of the State of Maine, with its principal office located at ______ [Insert Employer's Address] (hereinafter referred to as the "Employer").

WHEREAS, the Employer desires to protect its legitimate business interests, including but not limited to its confidential information, trade secrets, and business relationships, through the enforcement of a non-compete agreement against the Employee;

AND WHEREAS, the Employee agrees to be bound by the terms of this Agreement as a condition of their employment with the Employer;

NOW, THEREFORE, in consideration of the foregoing, and of the mutual promises and covenants contained herein, and other valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties agree as follows:

1. Non-Compete Obligation: The Employee agrees that during the term of employment and for a period of ______ [Insert duration, e.g., one year] following the termination of employment, regardless of the cause of termination, the Employee shall not, within the State of Maine, engage in any business activity which is in direct competition with the business of the Employer.
2. Geographical Limitation: The restriction mentioned above shall apply to the geographic area of ______ [Insert geographic area, if applicable].
3. Exception to Non-Compete: Notwithstanding the above, this Agreement does not prohibit the Employee from:
   • Being employed by or participating in a business that is not similar to or competitive with the Employer;
   • Engaging in any other activity that the Employer expressly consents to in writing.
4. Confidential Information: The Employee agrees that during the term of their employment and thereafter, they will not disclose any confidential information of the Employer to any third party, nor will they use such information for their own benefit or the benefit of others, without the written consent of the Employer.
5. Enforcement: The parties recognize that the services to be rendered under this Agreement are unique and acknowledge that any breach of this Agreement by the Employee may cause the Employer irreparable harm. Accordingly, the Employer may seek enforcement of this Agreement in any court of competent jurisdiction within the State of Maine, and such enforcement may include injunctive relief as well as the pursuit of any other legal or equitable remedies.
6. Governing Law: This Agreement shall be governed by and construed in accordance with the laws of the State of Maine, without giving effect to any choice or conflict of law provision or rule.
7. Entire Agreement: This Agreement constitutes the entire agreement between the parties with respect to the subject matter hereof and supersedes all prior or contemporaneous agreements, whether written or oral.
8. Amendment: No amendment or modification of this Agreement shall be deemed effective unless made in writing and signed by the parties hereto.
9. Severability: If any term or provision of this Agreement is found by a court of competent jurisdiction to be invalid, illegal, or unenforceable, the remainder of the agreement shall not be affected, and the invalidated provision shall be amended to achieve as closely as possible the effect of the original term.

IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first above written.

EMPLOYEE: ______ [Employee's Signature] Date: ______

EMPLOYER: ______ [Employer's Signature] Date: ______