Alaska Disclosure Agreement With Non Compete Clause
Description
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FAQ
Alaska. In Alaska, although Non-Competes are not favored by courts, they are permitted, as long as they are narrowly tailored and reasonable with regard to the restrictions, and they are trying to protect a legitimate interest of the employer.
Non-Competition Clause Examples Example 1: Preventing former employees from using trade secrets. Example 2: Stopping contractors from competing with you. Example 3: Former partners limiting the geographical reach. Example 4: Extra protection in business contracts.
Legally Enforceable? Yes, a non-compete is legal in Alaska to protect trade secrets by reasonable means (AS 45.50. 920).
What should be included in a standard non-compete agreement?Name of employer.Name of the employee.Type of work that is restricted.Terms of restriction.Jurisdiction.Duration of the agreement.
The purpose is to prevent you from leaking confidential information that might help the competitors. Unlike the NCC, you are able to start your own business or work for a competitor but you just can't use the proprietary or confidential information you gained during employment at the new job.
