Non-Compete Agreement

This Non-Compete Agreement (the "Agreement") is entered into on [Date] (the "Effective Date").

1. Parties

Company

• Full legal name: [Company name]
• Registered address: [Address]
• CVR/ID No.: [CVR]

Restricted Party

• Full legal name: [Company name]
• Address: [Address]
• CPR/ID No.: [CVR]

The Company and the Restricted Party are each a "Party" and together the "Parties".

2. Purpose

2.1 Legitimate Interests

The Restricted Party has access to confidential information, trade secrets, customer relationships, and strategic business knowledge.

2.2 Objective

This Agreement is intended to protect the Company’s legitimate business interests following termination of employment or contractual engagement.

3. Non-Compete Obligation

3.1 Restricted Activities

During the Restricted Period, the Restricted Party shall not, directly or indirectly:

• engage in activities that compete with the Company’s core business
• own, manage, control, or be employed by a competing business
• assist or advise any competing entity in a role similar to that performed for the Company

3.2 Passive Ownership

Passive ownership of publicly traded shares not exceeding [Number]% shall not constitute a breach.

4. Scope of Restriction

4.1 Activity Scope

The restriction applies only to activities substantially similar to those performed by the Restricted Party during the last [Number] months of engagement.