As you probably know, most major corporations have a keen interest in protecting trade secrets, keeping existing customers and expanding business opportunities. Each of these interests might encourage company executives to demand noncompete agreements from their...
It is not uncommon for companies to ask their employees to sign a noncompete agreement after getting hired. However, many instances may end with a person wanting to get out of this agreement sooner rather than later. Is it possible to do so? Waiting out the agreement...
If you are seeking employment, it is not uncommon for a non-compete agreement to be part of the conditions you must agree to. Typically, if an employer wants you to sign a non-compete agreement, they will stipulate it as a condition of employment. However, just...
When a physician joins a practice, he or she often must sign a noncompete clause. This prohibits the doctor from leaving the clinic and go practice somewhere within a specified mile radius. However, Texas requires noncompete agreements to also include a buyout...
Most people, particularly those in certain industries, are familiar with non-competition (“noncompete”) agreements. What people often don’t realize is that a noncompete clause is often included in various agreements that people sign when they start a new job. They may...
Employment contracts are agreements between businesses and their workers that dictate everyone's obligations to each other. Often, the company expects certain concessions from the worker in return for a competitive job offer. Restrictive covenants are a perfect...
If you fulfill an important role at a company, the business will potentially try to limit what you do after you leave the company. Companies view such limitations as a way to protect their intellectual property and avoid unfair competition. Negotiating restrictive...
You probably signed a noncompete agreement without much afterthought when you were hired. After all, you weren’t thinking of leaving your job any time soon. However, recent developments have found you mulling over how to get out of the agreement you signed earlier....
If you have company secrets to protect, it is reasonable to have new employees sign a non-compete agreement prior to beginning employment with your company. However, there are many unusual aspects to non-compete agreements which differentiate them from other...
When searching for a new executive position, you should first understand how your current contract could impact your prospective employment. A noncompete clause is a common addition to many employee contracts. The National Law Review reports that between 16 and 18...
