Increasingly, companies are having employees sign noncompete and non-solicitation agreements in order to protect the company, and its customer base, should the employee leave the company. These agreements are clearly appropriate for certain employees, enforceable in court, and for many employers should be a high priority. Not having one can put the business at substantial risk. However, all such agreements are not equal and should not be the same. They must be carefully tailored to suit the company’s needs. For example, some businesses need a noncompete agreement with their employees, while others are better suited with a non-solicitation agreement. Others may need both. A poorly drafted noncompete may not be enforceable, leaving the company without the protections that it thought it had and in danger of having its customers poached by a former employee. Here are some additional requirements for these types of agreements:
If you have any questions about non-competes, want to review your existing agreements, or simply want to discuss whether you should have employees sign an agreement, please contact Scott Leah at email@example.com
April 01, 2016
Enter your email address below and be notified when we post new information.