Friday, November 22, 2013

Business Law

Non compete agreements ar defined as agreements between employees and employers so that an employee stinkpot non compete with its employer after they are no yearner cultivate for them [ (Noncompete Agreement, 2011) ]. Non compete agreements are white plagued to protect companies so that no one else squeeze out use their secrets, customers or any(prenominal)(prenominal) new(prenominal) entropy that can be used to compete against them. If an employee was to defecate for one company and learn the job from them because disown and go to another employer in the same field and use secrets or customers from the previous employer it would give the new employer an unfair advantage. there are many things to look at when drafting a non-compete agreement. frontmost of all the agreement needs to be do sensible and to be considered valid it moldiness be back up by consideration when it is signed, protect a legitimate dupery interest of the employer, and be apt in scope, ge ography and oath [ (Non-Competition Agreements: Overview, 2011) ]. In localise to have valid consideration employees essential receive something much(prenominal) as employment for signing the agreement. If an employer can show that information was kept secret by tenable measures and gives the employee a competitive advantage thusly it is protection of a legitimate business interest.
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When looking at being sound as far as scope and geography then you must realize that it is only reasonable as dour as these are kept within reason such as scope, you cannot have the agreement last longer than the information i s valuable, nor can it be farther than the b! usinesses range of services allows them to suck up [ (Non-Competition Agreements: Overview, 2011) ]. These contracts must always be in writing as a verbal contract because verbal contracts are not enforceable. In California non compete agreements are not ponderous unless they have to do with the sale of ownership interest or for a partnership. In section 16000 of the States Business and Professions Code it states that any contract which...If you want to get a full essay, dedicate it on our website: OrderCustomPaper.com

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