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 ?
State governments, eligible provident funds in India, designated Foreign Central Banks and any person or institution specified by the Bank in this regard, can participate on non-competitive basis, the allocation for which will be outside the notified amount.
The non-competitive bids should be submitted between 10.
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.
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.
NON-COMPETITIVE Bear in mind that these crossovers are limited to AKC's non-competitive hunting tests within the Sporting Group.
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.
Here, Nostrapharmus looks at a different kind of collaboration: that between companies in the non-competitive space .
Connecticut State MTA offers a variety of competitive and non-competitive performance venues for students, with a wide range of performance levels.
NON-COMPETITIVE sports days at schools have been branded bonkers, the chief education watchdog said on a visit to Huddersfield.
SOUTHPORT Flower Show top trophy winners:Brookhouse Gold Perpetual Challenge Trophy,most Meritorious Exhibition in the Show: Dobbies Garden World n Edith Aveling Gold Perpetual, most meritorious orchids exhibit (tradeor amateur): Dev a OrchidsFlower Show Committee,most meritorious non-competitive exhibit of flowers,plants and flowering plants: HMP Kirkham n Late RP Wood Esq.
The attorney general may authorize a non-competitive procedure, where FPI cannot reasonably expect fair consideration to receive the contract on a competitive basis, and the contract award is necessary to maintain work opportunities otherwise unavailable at the penal or correctional facility.