NONSOLICITATION Meaning and
Definition
-
Nonsolicitation refers to a legal agreement or provision that restricts one party, usually an employee or a former business partner, from actively seeking or soliciting clients, customers, employees, or suppliers from another company or entity. It is a contractual provision aimed at preventing unfair competition, protecting trade secrets, and maintaining the business relationships of the party being protected.
In an employment context, nonsolicitation agreements are commonly included in contracts or employment agreements to prevent employees from taking clients or customers with them when they leave their current employer. This restriction is meant to safeguard the employer's client base and maintain business continuity.
Nonsolicitation provisions can also be found in business contracts, particularly in agreements between businesses engaged in commercial transactions. Such provisions may prohibit one party from soliciting the customers, clients, or suppliers of the other party for a specified period of time after the contract ends.
Nonsolicitation clauses are often crafted with specific terms, such as defining the scope of prohibited solicitation, the geographical area in which it applies, and the duration of the restriction. Violation of a nonsolicitation agreement can lead to legal consequences, including monetary damages or injunctive relief.
Overall, a nonsolicitation provision is a contractual arrangement designed to protect the interests and goodwill of businesses, employers, or other entities by prohibiting the active solicitation of clients, customers, employees, or suppliers by someone subject to the agreement.
Common Misspellings for NONSOLICITATION
- bonsolicitation
- monsolicitation
- jonsolicitation
- honsolicitation
- ninsolicitation
- nknsolicitation
- nlnsolicitation
- npnsolicitation
- n0nsolicitation
- n9nsolicitation
- nobsolicitation
- nomsolicitation
- nojsolicitation
- nohsolicitation
- nonaolicitation
- nonzolicitation
- nonxolicitation
- nondolicitation
- noneolicitation
- nonwolicitation
Etymology of NONSOLICITATION
The word "nonsolicitation" is derived from the combination of two separate words and their respective roots:
1. "Non-" is a prefix derived from Latin meaning "not" or "without".
2. "Solicitation" is derived from the Latin word "solicitat", which means "to disturb", "to agitate", or "to ask for".
By combining these two elements, the term "nonsolicitation" is formed, indicating the act of refraining from soliciting or requesting. In a legal or business context, it commonly refers to an agreement prohibiting an individual or business entity from soliciting clients, employees, or customers of a particular organization.
Infographic
Add the infographic to your website:
