Noncompete

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Noncompete

A provision in a number of employment contracts that prohibits an employee from working for a competing firm for a specified number of years after the employee leaves the firm.

Noncompete

Describing a clause in many employment contracts forbidding an employee from working for another firm that competes with the employer for a certain number of years after the termination of the contract. A noncompete clause may have a geographic limit. For example, a dentist who goes to work for corporate dental practice may sign a noncompete clause forbidding him from working for a competing dental practice within 25 miles for five years after the completion of the contract.
References in periodicals archive ?
The allocation to the non-competitive bidders will be outside the notified amount at the discretion of the Bank.
Since 2012 the hearing industry's largest manufacturers have collaborated to sponsor a non-competitive, mutually agreed upon research agenda benefitting the hearing aid industry, its customers, and end users.
Up to 20 per cent of the notified amount of the sale of the stocks will be allotted to eligible individuals and Institutions as per the scheme for non-competitive bidding facility in the auction of government securities.
The new amended law aims to give more flexibility on the implementation of fees, the prices and tariffs for commodities and services provided by government agencies to individuals, companies and institutions on a commercial and competitive bases, as well as the implementation of the tariff of economic non-competitive commodities and services non-competitive, which these agencies exclusively provide.
9x bid-cover ratio at the auction and 20x bid-cover-ratio at the non-competitive sales.
A state development loan auction on Tuesday saw a large number of non-competitive bidders.
Pilley said: "What we have to establish is what is a non-competitive game.
NON-COMPETITIVE Bear in mind that these crossovers are limited to AKC's non-competitive hunting tests within the Sporting Group.
Including non-competitive sales to public institutions and market-maker banks, the Treasury sold a total of 4.
So, in what situations would a non-competitive process be more likely than a competitive process to result in a successful sale?
Non-competitive classes give inexperienced performers the chance to join in and gain confidence, while competitive classes invite the very best to win medals and trophies.
Introductory chapters address social skills as they relate to development, the theory behind the use of non-competitive games to build social skills, strategies for structuring the emotional environment, transfer and maintenance of skills, and self-reflection and self-care for the adult leader.