Employment agreements offer employees greater rights within the employment relationship and often dictate an employee’s rights to severance and other compensation upon termination. It is vital that the employee’s interests are considered and provided for in any such agreement. Accordingly, we often become involved in the negotiation/drafting process with our clients to ensure their interests are well represented. Additionally, upon termination, we offer representation to ensure that a client’s contractually ordained rights are fully protected and provided for in any term of severance.
Non-Compete Agreements
Non-compete agreements, also known as covenants not to compete or restrictive covenants are common in today’s workplace. The general purpose of these agreements is to restrict the ability of employees who sign the agreement to go into business against the employer within a certain geographic area for a certain period of time. If you sign it, typically you are agreeing that you will not compete with your employer by engaging in any business of a similar nature, as an employee, independent contractor, owner, part owner, significant investor, and whatever other form of competition your employer identifies to cover its bases.
Am I required to agree to a non-compete agreement?
No. However, not agreeing to a non-compete agreement, may cost you your potential job (or current job, if your employer now wants you to sign an agreement that did not apply to your employment before.) If the employer is unwilling to give up on that requirement or alter the form that they have employed, you may not be hired, or fired if you already work there.
Source- http://www.workplacefairness.org/noncompete
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