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Non-Competition Agreement For A Stockholder


Abstract

This form protects the company from a person who is a shareholder of a company competing with the company. The agreement typically states that the shareholder will not, without the company’s consent, directly or indirectly, alone or as a partner, joint venturer, officer, director, employee, consultant, agent, independent contractor or stockholder of any company or business, engage in any business activity which is directly or indirectly in competition with any of the products or services being developed, marketed, distributed, sold or otherwise provided by the company.