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204 months ago

Angelika Inglis   asked this question:

Language pair:	German > English
Subject:	Business / Marketing / Financial
Level of diffculty:	Difficult / demanding
Word or term in question:	Wettbewerbserklärung abgeben
Context:	Darlehen; Investitionen; Schlüsselpersonen
Keywords:	Die vorgenannten Änderungen des Rahmenvertrages stehen unter der aufschiebenden Bedingung, dass Herr XY die Wettbewerbserklärung entsprechend Anlage Z des Rahmenvertrages abgibt.

 

The answer of Rupert Kindermann   was rated best

non-competition agreement / clause

My comment:

it is not a "competition" agreement - it is the opposite thereof. I do not know whether you have access to the "entsprechend Anlage Z des Rahmenvertrages" as it would allow you to verify whether my assumption is correct.

My references:

http://www.nolo.com/definition.cfm/Term/7D7BC628-0A79-4145-8EE4FD7A0D6B5F39/alpha/N/

The asker's comment:

Checked with the client - it was indeed a non-competition agreement! Many thanks also for the reference link.

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