Examlex
A(n) ________ agreement binds an employee or another party to not disclose a company's trade secret. A ________ agreement prevents an individual from competing against a former employer for a specific period of time.
Shipping Costs
Expenses associated with the transport of goods from one location to another.
Liquidated Damages Agreement
A contractual provision that pre-determines the amount of damages to be paid if a party breaches the agreement.
Penal
Pertaining to punishment or penalties imposed for violations of laws or regulations.
Liquidated Damages
Predetermined sum agreed upon by the parties involved in a contract to be paid as compensation in case of breach, representing an estimate of actual damages that might result from non-performance.
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