Lawyer To Review Non-Compete
A non-compete clause is a contractual condition that prohibits an employee from competing with their employer's business for a predetermined period following their termination. Common in employment contracts, these clauses are meant to safeguard the employer's commercial interests, including customer relationships, trade secrets, and sensitive information. Non-compete clauses are frequently found in employment today. It's common practice to ask a new hiring or promoted employee to sign a non-compete agreement. In certain cases, a severance payment may even require a laid-off employee to sign a non-compete agreement. Why Would Someone Enter Into a Non-Compete Agreement? A non-compete clause serves to safeguard the employer if employment ties are terminated. An employee's alternatives for leaving the company are frequently restricted by a non-compete agreement. For instance, it might forbid a worker from joining a rival company for a predetermined period after th...
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