Define Non Compete Agreement
Over the last year nevadas non compete law has undergone a number of changes.
Define non compete agreement. You need to be completely clear about when the nca starts when it ends and the exact duration of its validity. What a non compete agreement should specify. February 2014 outsiders beware of louisiana law on non compete agreements. The latest is a new law setting forth a new standard by which non compete agreements are to be evaluated.
Companies and individuals outside of louisiana seeking to do business here are often surprised by louisianas non compete law. An nca should include the following information. A non compete prohibits an employee from engaging in a business that competes with hisher current employers business. The reasoning behind non compete agreements is simple.
Colorado non compete law blog is written by dan warden focusing on matters related to complex commercial litigation with a focus on breach of non compete or non solicit agreements. The most litigated issue in employment contracts is the legality of so called restrictive covenant provisions such as a non compete clause which bars an ex employee from going to work for a competitor. The duration or effective dates. A guide to non compete and non solicit agreements ignorance isnt always bliss especially in colorados tight labor market.
You want to prevent employees or business partners from using proprietary information to compete against you after they leave the company. When an employee leaves a company the contract prevents them from leaking the business confidential information to a competitor.
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