Mississippi Sample Noncompetition and Nondisclosure Agreement

State:
Multi-State
Control #:
US-AHI-050
Format:
Word; 
Rich Text
Instant download

Description

This AHI form is a sample non-compete agreement. This form is used and after expiration of employment with the company.

How to fill out Sample Noncompetition And Nondisclosure Agreement?

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FAQ

Russell Beck: So there is no federal law on noncompetes; every state has its own noncompete law. Some states, like California, don't enforce noncompetes at all; they favor employee mobility over the protection of former employer's information.

By Janet A. In California, North Dakota, the District of Columbia, and Oklahoma, non-competes are either entirely or largely unenforceable as against public policy. Other states, including Maine, Maryland, New Hampshire, Rhode Island, and Washington, have banned non-compete agreements for low-wage workers.

In summary, a non-compete agreement is just a one-way agreement that's designed to prevent a business from unfair competition from a former employee or contractor, while the non-disclosure agreement is often (but not always) a mutual agreement that's designed to protect private and confidential information from being

The Employee specifically agrees that for a period of months/years after the Employee is no longer employed by the Company, the Employee will not engage, directly or indirectly, either as proprietor, stockholder, partner, officer, employee or otherwise, in the same or similar activities as were performed for

As stated, Mississippi has no statutory scheme governing non-compete agreements. The geographical limitation analysis of non-compete agreements under Mississippi law focuses on whether the restrictions on the employee are oppressive or impose undue hardship.

12 In Donahoe v. Tatum, the Mississippi Supreme Court found that a non-compete provision of five years was reasonable, explaining that it is the law's function to maintain a reasonable balance in this area.

It is possible to find non-compete loopholes in certain circumstances in order to void a non-compete contract. For instance, if you can prove that you never signed the contract, or if you can demonstrate that the contract is against the public interest, you may be able to void the agreement.

You Can Void a Non-Compete by Proving Its Terms Go Too Far or Last Too Long. Whether a non-compete is unenforceable because it covers too large of a geographical area or it lasts too long can depend on many factors. Enforceability can depend on your industry, skills, location, etc.

Under Mississippi law, a non-compete covenant must not unduly restrict trade and must generally serve a legitimate, protectable business interest. When drafted properly, non-compete covenants can protect business from losing the intellectual property and client relationshipss they have worked so hard to build.

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Mississippi Sample Noncompetition and Nondisclosure Agreement