Non-compete obligation (or non-competition obligation): A non-competition obligation prevents the employee from working for direct competitors of the company during and after the end of his employment relationship. Non-compete obligations generally apply for a certain period after termination and must meet certain requirements that must be applied. B for example, restriction to an appropriate geographical location. An employment contract provides legal protection for both an employee and an employer. In the event of a dispute, both parties may refer to the initial terms agreed at the beginning of the employment relationship. Use our employment contract to hire an employee for your company and set details such as wages and hours of work. A sample employee contract can be used to formalize your employment contract with a new employee. In other words, the employee is free to dismiss at any time and the employer is free to dismiss the employee at any time – as long as the basis for the dismissal is not considered unlawful dismissal. In addition, an employment contract may require employees to give specific notice prior to termination so that they can help hire or train their replacement. In addition, by clearly documenting professional expectations and responsibilities, an employment contract allows employers to discipline and fire employees who do not meet work performance standards.