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Virginia Independent Contractor Non-Compete Agreement Addendum

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Virginia Independent Contractor Non-Compete Agreement Addendum Powered By Docstoc
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                             This Independent Contractor Non-Compete Agreement Addendum is an additional
                             document not included in the main part of the contract. It can be used to add additional
                             terms, specifications, provisions, standard forms, or other information, not included in the
                             main part of the contract. Also, it may be used to correct errors and explain
                             inconsistencies, if any, in the main part of the contract. This document contains a non-
                             compete provision which restricts the independent contractor from competing with the
                             company for a certain period of time. This should be used by companies located in Virginia
                             that have hired an independent contract and wish to include a non-compete provision or
                             make other changes to the original agreement.
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    INDEPENDENT CONTRACTOR NON-COMPETE AGREEMENT ADDENDUM

The undersigned have executed an Independent Contractor Agreement (the “Agreement”) dated
_____ [Month] _____ [Date], 20____ [Year], which is hereafter incorporated by reference as if
fully set forth herein. In furtherance of that Agreement, the undersigned agree that as a condition
for __________________________ [Instruction: Insert name of independent contractor],
with registered address at _________________________ [Instruction: Insert address of the
independent contractor] (hereinafter the “Independent Contractor”) to continue contracting
with _______________________________ [Instruction: Insert the name of company], with
its principal offices at ___________________________________________ [Instruction: Insert
the address of company], its subsidiaries, affiliates, successors, or assigns (hereinafter the
“Company”), and in consideration of continued contracting with the Company and receipt of the
compensation now and hereafter paid to the Independent Contractor by the Company and the
Company’s promise in Section 1(a), the Independent Contractor agrees to the following terms
and conditions of this Independent Contractor Non-Compete Agreement Addendum (the
“Addendum”):

1. Confidential Information.

   a. Company Information.

The Company will make available to the Independent Contractor certain confidential information
of the Company, previously non-disclosed to him or her, which will enable him or her to
optimize the performance of his or her duties to the Company. In exchange, the Independent
Contractor agrees to use such confidential information solely for the Company’s benefit.
Notwithstanding the preceding sentence, the Independent Contractor agrees that upon the
expiration or termination of the Agreement, the Company shall have no obligation to provide or
otherwise make available to the Independent Contractor any of its confidential information.
“Confidential Information” means any Company proprietary information, technical data, trade
secrets, or know-how, including, but not limited to, research, product plans, products, services,
customer lists and customers (including, but not limited to, customers of the Company on whom
the Independent Contractor called or with whom he or she became acquainted during the term of
the contract), markets, software, developments, inventions, processes, formulas, technology,
designs, drawings, engineering, hardware configuration information, marketing, finances, or
other business information disclosed to the Independent Contractor by the Company either
directly or indirectly in writing, orally, by drawings, or by observation of parts or equipment.
Confidential Information does not include any of the foregoing items that have become publicly
known and made generally available through no wrongful act or omission of the Independent
Contractor or of others who were under confidentiality obligations as to the item or items
involved or improvements or new versions thereof.

   b. Strictest Confidence.

The Independent Contractor agrees at all times during the term of engagement pursuant to the
Agreement with the Company and thereafter, to hold in strictest confidence, and not to use,
except for the exclusive benefit of the Company, or to disclose to any person, firm, or



© Copyright 2011 Docstoc Inc. registered document proprietary, copy not                2
corporation without written authorization of the Board of Directors of the Company, any
Confidential Information of the Company.

2. Covenant Not to Compete.

   a. Limited Time and Duration.

The undersigned Independent Contractor hereby agrees that during the course of the Agreement
and for a period of ___________ (___) [Instruction: Insert number of months, e.g., eighteen
(◊ 18)] Please note that valid and reasonable non-compete period various from case to case
basis although Virginia Courts recognize a period between one and two years] months
immediately following the expiration or termination of the Agr
				
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Description: This Independent Contractor Non-Compete Agreement Addendum is an additional document not included in the main part of the contract. It can be used to add additional terms, specifications, provisions, standard forms, or other information, not included in the main part of the contract. Also, it may be used to correct errors and explain inconsistencies, if any, in the main part of the contract. This document contains a non-compete provision which restricts the independent contractor from competing with the company for a certain period of time. This should be used by companies located in Virginia that have hired an independent contract and wish to include a non-compete provision or make other changes to the original agreement.
This document is also part of a package Essential Virginia Legal Documents 145 Documents Included