Idaho Clauses Relating to Venture Nonexecutive Employees

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US-P0605-4BAM
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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

Non-Solicitation Agreements This type of agreement simply prohibits the employee from contacting or soliciting clients that belong to the business where they were previously employed.

Ing to the Idaho Department of Labor, ?Idaho is a ?work at will? state. This means there is no set length for an employment relationship and either the employer or the employee may end it at any time, with or without notice; with or without cause.

Colorado, Illinois, Maine, Maryland, New Hampshire, Oregon, Rhode Island, Virginia, and Washington prohibit non-compete agreements unless the employee earns above a certain salary threshold. Other states, like Iowa and Kentucky, limit the use of non-competes for certain professions such as healthcare workers.

In summary, these statutes provide a bright-line rule that presumes that a non-compete agreement is enforceable for a period of up to 18 months and within the actual geographic areas where the employee or independent contractor provides services.

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 ...

Because a non-compete agreement is a contract, so long as it is a valid contract, it will be enforceable under existing Idaho law.

When is the last paycheck due after an employee separates? Idaho law requires that if an employee quits, is terminated or laid off, all wages then due must be paid the sooner of the next regularly scheduled payday or within 10 days of the separation (weekends and holidays excluded).

Employee agrees that for _____ [months/years] after Employee is no longer employed by the Company, Employee will not directly or indirectly solicit, agree to perform or perform services of any type that the Company can render ("Services") for any person or entity who paid or engaged the Company for Services, or who ...

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Idaho Clauses Relating to Venture Nonexecutive Employees