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Legal

Non-Compete

A clause stopping someone from joining or starting a competing business for a set period after they leave.

Example

A departing co-founder with a one-year non-compete cannot immediately launch a rival product.

Related terms

NDA
A contract where two sides promise to keep shared information secret. Common before sharing sensitive plans or code.
Founders’ Agreement
A written agreement between co-founders covering who owns how much, who does what, and what happens if someone leaves. Signed early, while everyone still agrees.

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