China Non-Competition Agreement

Protect a Chinese business against competition from a related company with this Non-Competition Agreement for China.

This agreement is between a company and its controlling shareholder, both of whose primary businesses are similar and therefore are likely to compete with each other.
The corporate shareholder agrees not to participate in or operate any business within China that is within the business scope of the company.
The shareholder will make any business opportunity that comes its way available to the company.
During the term of the Agreement, the company will have a right of first refusal to purchase any legitimate new business developed by the shareholder.

This English language Non-Competition Agreement for China is prepared in accordance with the laws of the PRC. It is provided in MS Word format and can be edited to fit your unique circumstances. A Chinese version of the document may also be required for it to be legally enforceable.