Louisiana Covenant Not to Sue

State:
Multi-State
Control #:
US-01709-AZ
Format:
Word; 
Rich Text
Instant download

Description

This form is a simple model for a convenant not to sue. Party A agrees not to sue Party B for any occurance related to a past event, in return for compensation. Usually used in the context of a settlement agreement. Adapt to fit your circumstances.
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FAQ

The Louisiana Wage Payment Act, La. R.S. 1 (the ?Act?) requires employers to pay employees all wages due upon termination of employment. Furthermore, all wages due must be paid on or before the next regular payday or no later than 15 days following the date of discharge or resignation, whichever occurs first.

What constitutes a reasonable duration of a non-compete restriction in your jurisdiction? To be enforceable, a non-compete or non-solicitation agreement may only be for a maximum of two years from the employee's termination date (La. R.S. 1(C)).

(1)(a) Except for intentional acts provided for in Subsection B, the rights and remedies herein granted to an employee or his dependent on account of an injury, or compensable sickness or disease for which he is entitled to compensation under this Chapter, shall be exclusive of all other rights, remedies, and claims ...

Whoever attempts to commit any crime shall be punished as follows: (1)(a) If the offense so attempted is punishable by death or life imprisonment, he shall be imprisoned at hard labor for not less than ten nor more than fifty years without benefit of parole, probation, or suspension of sentence.

When the court finds that an employer's dispute over the amount of wages due was in good faith, but the employer is subsequently found by the court to owe the amount in dispute, the employer shall be liable only for the amount of wages in dispute plus judicial interest incurred from the date that the suit is filed.

Louisiana Laws - Louisiana State Legislature. A. (1) Every contract or agreement, or provision thereof, by which anyone is restrained from exercising a lawful profession, trade, or business of any kind, except as provided in this Section, shall be null and void.

Louisiana courts require that noncompetition agreements strictly comply with R.S. 1. Under section 921, a noncompete agreement is unenforceable in Louisiana unless the agreement strictly complies with the elements of section 921.

Maine's New Noncompete Law First, employers may not use noncompetes at all with employees earning less than 400% of the federal poverty level. This reflects a policy belief that lower-earning workers have less leverage to negotiate these agreements.

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Louisiana Covenant Not to Sue