[Glossary: non-compete]

Source: Internet
Author: User
[Glossary: non-compete]
Non-competition prohibition is also called intra-industry competition. It refers to a person in a specific position or a person who has mastered the commercial secrets of the company (enterprise) in the past, after the termination of employment or labor relationship, the company shall not conduct any activity that has a competitive nature of the business it serves within a certain period of time (the company shall pay compensation.
Ministry of Labor [1996] No. 355 stipulates: "The employer may also stipulate that employees with trade secrets shall not exceed three years after the termination or termination of the labor contract ), if you do not obtain employment from other employers that produce similar products or operate similar businesses and have a competitive relationship with the original organization, you shall not produce or operate similar products or services on your own, however, the employer shall give the employee a certain amount of economic compensation."
In general, non-compete does not apply to ordinary employees. Although an ordinary employee must sign a contract provided by the company regarding the "non-compete" clause before joining the company, the law stipulates that, Only when the amount of compensation specified in the contract is appropriate and the employee is determined to have received the compensation, the terms of the non-compete agreement will be deemed as legally binding.

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