Non-Compete Agreements: What You Need to Know
What is a Non-Compete Agreement?
A non-compete agreement is a contract between an employer and an employee that restricts the employee from working for a competitor after their employment ends. These agreements are designed to protect the employer's confidential information and trade secrets.
Enforceability of Non-Compete Agreements
The enforceability of non-compete agreements varies from state to state. Generally, courts will uphold a non-compete agreement if it is:
*Consequences of Violating a Non-Compete Agreement
If an employee violates a non-compete agreement, they may face legal consequences, including:
*Protecting Your Rights
If you are asked to sign a non-compete agreement, it is important to carefully review it and consider its implications. You may want to consult with an attorney to ensure that the agreement is fair and enforceable.
If you believe that your employer is violating a non-compete agreement, you should seek legal advice immediately.
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