Non-Compete Agreements: Everything You Need To Know
You make great investments in training, support and developing an employee's skills and relationships with your technology, customers and confidential information. Then that person leaves and uses that special knowledge to take your customers and business secrets to a competitor. ? Many organizations rely on Non-Compete Agreements to mitigate the damage, yet the courts are suspicious of restrictive covenants that limit the employee’s ability to make a living. Many do not pass muster. And laws such as the Defend Trade Secrets Act affect your ability to enforce agreements. So can you use a Non-Compete/Non-Solicitation Agreement to limit the damage? Yes…if you know how to draft an enforceable document.
Please join leading HR attorney Bob Gregg as he examines how to create enforceable agreements, including key considerations when requiring an employee to sign a Non-Compete Agreement, factors that will impact whether an agreement can be enforced, and effective alternatives to a non-compete agreement that should be considered.
WHAT YOU’LL LEARN
- Selecting the best type of Non-Compete Agreement.
- How far can you go to restrict competition?
- How long can you restrict?
- Essential elements of an enforceable agreement.
- Important dos and don'ts.
- Effective alternatives to a Non-Compete Agreement.
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