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Non-Compete Clause

Definition

A contractual clause restricting an employee from joining a competing organisation or starting a similar business for a specified period post-employment.

Context & Importance

Protects confidential business information and competitive edge.

Use Cases
  • Senior sales executives restricted from joining competitors.
Related Concepts

Employment contract, confidentiality agreement.

TankhaPay Relevance

Maintain records of contract clauses and alert HR during offboarding for clause-specific conditions.

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