In the realm of non-compete agreements, the standard for the sale of business non-compete agreements are the most lenient. These restrictive covenants that coincide with a company sale agreement or asset purchase agreement are considered to be the ones that require the least protection, and as such, the courts treat them that way. What […]
Standard for Employee Non-Compete
In North Carolina, there are different standards for different types of non-competition clauses, formally called restrictive covenants against competition. Employee non-compete contracts are some of the most commonly used non-competes. Employee Non-Compete Employers typically create these non-competes to protect themselves from an employee taking their trade secrets, client lists, and goodwill to a […]
Location and Time Requirement in Employment Non-Compete
Previously, we have examined what a covenant not to compete (non-compete) is and what the top level restrictions are regarding their validity, but there is a significant amount of deeper analysis that goes into each and every one of these restrictive covenants. We’re exploring the location and time requirements in an employment non-compete. Employment […]
What is a Non-Compete? A Restrictive Covenant Primer.
Non-competes are a type of restrictive covenant that prevents one person from competing with another. They are typically used in business to prevent the usage of confidential information or close connections with clients to unfairly compete against the person who made the covenant. Many times, a non-compete is used along side nondisclosures, non-solicitation clauses, and other […]