Frequently Asked Questions
What is a non-compete clause?A non-compete clause restricts the receiving party from starting a competing company or disclosing confidential information to competitors. It’s important to note that it cannot prevent people from working for competitors.What is a non-solicit clause?A non-solicitation clause restricts the Employee from hiring the employees of the Employer. It is important to note that a court may not uphold this clause if the time period is unreasonably long.What are the duties of confidentiality?Duties of confidentiality are the obligations put on the Employee to not reveal any secret or proprietary information belonging to the Employer. These duties often last indefinitely but in some cases can be limited.What are trade secrets?Trade secrets generally refer to any confidential information which provides a competitive edge to a business because it is secret. There is no codified definition of trade secrets in Singapore law but it is accepted that a higher duty is owed to this category of confidential information. Your Confidentiality Agreement will state that any confidential information which is a trade secret must be kept confidential indefinitely.