If you`re in the process of accepting a new job offer, you may come across the term “non-solicitation agreement.” But what exactly is it?
A non-solicitation agreement is a legal contract between an employer and employee that prohibits the employee from soliciting or poaching the employer`s clients or customers after leaving the company. This means that if you sign a non-solicitation agreement with your employer, you cannot contact any customers or clients from your previous job with the intention of convincing them to switch to your new employer`s business.
The purpose of a non-solicitation agreement is to protect the employer`s business interests and relationships with their clients. Losing customers or clients to a former employee can be damaging to a business and their reputation, so having a non-solicitation agreement in place can help prevent this from happening.
It`s important to note that a non-solicitation agreement is not the same as a non-compete agreement. A non-compete agreement restricts an employee from working for a competitor in a similar field for a certain amount of time after leaving their current job. A non-solicitation agreement only restricts the employee from reaching out to their former employer`s clients or customers.
Non-solicitation agreements are typically used in industries where client relationships are crucial, such as in sales or professional services. However, they can also be used in other industries where the employer has invested a lot of time and resources in building relationships with their clients.
If you`re being asked to sign a non-solicitation agreement, it`s important to read it carefully and understand the terms. Make sure you fully understand what you`re agreeing to and how it may impact your future job opportunities. It`s also a good idea to consult with an attorney if you have any questions or concerns.
In summary, a non-solicitation agreement is a legal contract that restricts an employee from soliciting or poaching their former employer`s clients or customers. It`s important to understand the terms of the agreement before signing and to seek legal advice if needed.
