Free Salon Hair Stylist Non-Compete Agreement

Non-Compete Agreement
This Salon Hair Stylist Non-Compete Agreement ("Agreement") is made and entered into as of [Date], by and between [Your Company Name], a duly registered business located at [Your Company Address] ("Employer"), and [Stylist Name], currently residing at [Stylist Address] ("Employee").
WHEREAS, the Employer operates a professional hair salon and employs individuals with specialized knowledge and skills pertinent to the hair salon industry;
WHEREAS, the Employee is employed by the Employer and has access to sensitive and proprietary information, including client lists, business practices, and marketing strategies;
WHEREAS, to protect its legitimate business interests, the Employer wishes to restrict the Employee's ability to engage in competing business activities during and after the term of employment in accordance with the terms of this Agreement;
NOW, THEREFORE, in consideration of continued employment, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties agree to the following terms and conditions as set out in this Agreement.
I. Scope of Non-Compete
A. Restricted Activities: The Employee agrees not to engage in any business activities that compete with the Employer's business of hair styling and beauty services. This includes, but is not limited to, working as a stylist, consultant, owner, or employee in any other salon, engaging in freelance styling services, or establishing a personal or virtual salon business.
B. Client Solicitation: The Employee shall not solicit business from any client or customer of the Employer who was served by the salon during the Employee's term of employment, nor shall the Employee solicit any of the Employer’s current employees for the purpose of competing business activities.
II. Geographical Limitations
The non-compete agreement applies to any competitive business activities within a 10-mile radius of the Employer’s primary business location at [Your Company Address].
III. Duration of Non-Compete
The terms of this non-compete agreement shall be in effect for a period of 2 years following the termination of the Employee's employment, regardless of the reason for termination.
IV. Exemptions
A. Invalid Termination: In the event the Employee is terminated without cause or due to the Employer's breach of employment contract, the non-compete clause outlined in this Agreement shall be rendered void and unenforceable.
B. Mutual Agreement: The non-compete restrictions may be waived or modified at any time by mutual written agreement between the Employer and the Employee.
V. Consideration
In consideration for the Employee's agreement to the restrictions set forth in this Non-Compete Agreement, the Employer agrees to pay the Employee a one-time bonus of $1,000 upon the signing of this Agreement. Additionally, should the Employee comply with the terms of the Non-Compete Agreement for its entire duration, a further $2,000 will be payable upon the conclusion of the non-compete term.
VI. Consequences of Breach
A. Damages: In the event of a breach of this Non-Compete Agreement by the Employee, the Employee agrees to pay the Employer liquidated damages in the amount of $10,000. This amount is agreed upon by both parties as a reasonable estimate of probable loss due to the unique nature of the business and is not intended as a penalty.
B. Injunctive Relief: The Employer reserves the right to seek injunctive relief from a court of competent jurisdiction to prevent any continuing or further breach of this Agreement by the Employee, in addition to other remedies it may have.
VII. Miscellaneous Provisions
A. Entire Agreement: This Agreement constitutes the entire agreement between the parties regarding the subject matter herein and supersedes all prior agreements and understandings, whether written or oral, relating to such subject matter.
B. Governing Law: This Agreement shall be governed by and construed in accordance with the laws of the state in which the Employer’s salon is located, without regard to its conflict of law principles.
C. Severability: If any term or provision of this Agreement is found by a court of competent jurisdiction to be invalid, illegal, or otherwise unenforceable, such finding will not affect the other terms or provisions of this Agreement, which will remain in full force and effect.
D. Amendment: No modification, amendment, or waiver of any provision of this Agreement shall be effective unless in writing and signed by the party to be charged with such modification or waiver.
Signatures
The parties acknowledge that they have read and understood this Agreement and voluntarily accept its terms:
Employer
[Name]
[Date]
Employee
[Name]
[Date]
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Discover the Salon Hair Stylist Non-Compete Agreement Template by Template.net. Crafted for salon owners and stylists, this document is editable and customizable to protect your business interests. Clearly define restricted activities, geographical limitations, and duration. Easily adjust it to your needs with our AI Editor tool. Secure your salon's competitive edge with this versatile template.
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