Idaho Key Employee Agreement

State:
Multi-State
Control #:
US-CP0615AM
Format:
Word; 
Rich Text
Instant download

Description

This sample form, a detailed Key Employee Agreement document, is for use in the computer, internet and/or software industries. Adapt to fit your circumstances. Available in Word format.
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FAQ

Assuming an employee meets the definition of a ?key employee,? an Idaho court will enforce a non-compete agreement as long as it is ?reasonable? with respect to duration, geographic scope and the scope of the activities being restrained. Non-Compete Agreements - Sneed Law, PLLC khsidaholaw.com ? non-compete-agreem... khsidaholaw.com ? non-compete-agreem...

A key employee or key independent contractor may enter into a written agreement or covenant that protects the employer's legitimate business interests and prohibits the key employee or key independent contractor from engaging in employment or a line of business that is in direct competition with the employer's business ... Section 44-2701 - Idaho Statutes - Idaho Legislature Idaho Legislature (.gov) ? title44 ? sect44-2701 Idaho Legislature (.gov) ? title44 ? sect44-2701

An Example of Full-Time Hours: Texas As an example, Texas defines anyone who works 32 hours a week as a full-time worker if that employee's schedule is comparable to other workers in the same company or other workers in the area who are designated as full-time.

Employees' rights and benefits may depend on whether they are employed full time or part time. Generally, Employers define full-time Employees as those who work at least 35-40 hours during a seven-day workweek. Employers may choose to provide benefits, such as paid time off, only to full time Employees.

Full-time in Idaho? Idaho doesn't have a set amount of time you have to work to be considered part-time or full-time. Most companies hold that 40 hours per week is full-time and less than that is part-time. Idaho Labor Laws - Find Labor Lawyers ID | LegalMatch legalmatch.com ? law-library ? article ? idah... legalmatch.com ? law-library ? article ? idah...

Under Oregon law, a small business is defined as having 50 or fewer employees. A full-time employee (FTE), under the Employer Responsibility section of the federal Affordable Care Act, works 30 hours or more per week.

(1) "Key employees" and "key independent contractors" shall include those employees or independent contractors who, by reason of the employer's investment of time, money, trust, exposure to the public, or exposure to technologies, intellectual property, business plans, business processes and methods of operation, ... Section 44-2702 - Idaho Statutes - Idaho Legislature idaho.gov ? idstat ? title44 ? sect44-2702 idaho.gov ? idstat ? title44 ? sect44-2702

Work Hours in Idaho Neither Idaho state law nor federal law set limits on the number of hours that employees can work in a day or week. All employees 16 or older are permitted to work as many hours a day or week as they see fit. Paying Overtime: Idaho law prescribes to the federal overtime law.

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Idaho Key Employee Agreement