Arkansas Clauses Relating to Venture Nonexecutive Employees

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Multi-State
Control #:
US-P0605-4BAM
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Word; 
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This sample form, containing Clauses Relating to Venture Nonexecutive Employees document, is usable for corporate/business matters. The language is easily adaptable to fit your circumstances. You must confirm compliance with applicable law in your state. Available in Word format.

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FAQ

The Arkansas courts have made it abundantly clear that restrictive non-compete agreements (or ?covenants?) are enforceable if the terms are reasonable and necessary to protect the employer's business interests.

Code § 4-75-101. Covenant not to compete agreements: Unfair Practices ? General Provisions ? Arkansas. Provides a covenant not to compete agreement is enforceable if the agreement is ancillary to an employment relationship or part of an otherwise enforceable employment agreement or contractt.

Unfair time restrictions are one way employers can hurt your ability to find a new job within your current industry. A Non-Compete Agreement typically lasts six months to two years, but varies depending on your state's laws.

§ 19-11-801. Architects and engineers are selected through the use of requests for qualifications or requests for proposals and may not be selected only on the basis of price. Before signing a contract with an architect or engineer, a campus or unit must comply with the following Board policies.

Business and Commercial Law § 4-75-101. Covenant not to compete agreements. (2) The covenant not to compete agreement is limited with respect to time and scope in a manner that is not greater than necessary to defend the protectable business interest of the employer.

(A) A cooperative purchasing agreement is limited to commodities and services for which the public procurement unit may realize savings or material economic value, or both.

Act 921 embraces the ?blue pencil? rule, which allows for courts to reform an otherwise unreasonable or overbroad non-compete provision. This is a significant departure from prior Arkansas law. Previously, an overly-broad non-compete provision would have rendered the entire non-compete agreement unenforceable.

Are There Any Ways I Can ?Get Around? a Non-Compete Agreement? Being able to prove that your employer is in breach of contract. Proving that there is no valid legitimate interest to enforce the non-compete agreement. Prove the agreement's time frame is unreasonable.

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Arkansas Clauses Relating to Venture Nonexecutive Employees