Common use of Non-Competition Compensation 竞业限制补偿金 Clause in Contracts

Non-Competition Compensation 竞业限制补偿金. During the said post-termination non-competition period, the Company agrees to provide to the Employee non-competition compensation to be deposited into the Employee’s salary account. The compensation will be made in equal monthly installment, equivalent to [ 60 ] % of the Employee’s monthly salary at the end of his/her employment relationship with the Company (subject to applicable PRC Individual Income Tax deduction). 公司同意，在用工关系结束后的竞业限制期限内，向员工提供竞业限制补偿金，存入员工的工资账户。补偿金将按月支付，每月金额等同于员工离职前月工资的[ 60 ]%（公司将代扣代缴中国个人所得税）。