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noncompete clause

   Also found in: Medical, Wikipedia 0.04 sec.
noncompete clause noun agreement not to commete, contract against competing, covenant not to compete, express promise not to compete, noncompete agreement, prohibition against competition, restrictive covenant not to compete, restrictive provisions against competing
Associated concepts: golden handcuffs, per se violations of law, restrictive covenants, scope of geographical area, time period


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In return, the UO gets two noncompete clauses, one that prevents Moos from taking an equivalent job at another major conference school and another that bars him from soliciting donations from UO donors on behalf of another school.
Noncompete clauses are commonly included in insurance agents' contracts, said Jeffrey L.
Courts, particularly in California, have really clamped down on noncompete clauses.
 
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