A business purchase non-compete agreement is a legal document that is used to ensure that the seller of a business cannot solicit customers or compete with said business once it has been transferred to the new owner. Understandably, a buyer of a new company will want this statement in writing as the previous owner may, with existing customer loyalty, draw clients to a new, like-business rendering the one they’ve left considerably less valuable immediately upon its purchase. The below non-compete will allow the parties to enter the period for which the agreement is enforceable as well as all provisions related to the applied restrictions.

Business Purchase Agreement (Adobe PDF, Microsoft Word) – To use when writing a contract to buy a business entity and its assets, client lists, and any other tangible or intangible property.

Business Purchase Non-Compete Agreement