Nebraska Employment Non-competition Package
Description
How to fill out Employment Non-competition Package?
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FAQ
Working for a competitor company or competing individual. Starting a company that offers the same products or services. Developing competing products or providing competing services. Recruiting former colleagues to join their new business, although this can also be done through a non-solicitation agreement.
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 ...
In California, it's illegal to enforce non-compete agreements that put limits on an employee's future job prospects. ing to California Business and Professions Code Section 16600, any contract that restricts an individual from ?engaging in a lawful profession, trade, or business? is null and void.
In the sale-of- business context, courts may blue pencil. Nebraska Reformation is not permitted, even with the presence of a clause allowing a court to reform an overbroad covenant.
The Executive agrees not to directly or indirectly compete with the business of the Company and its successors and assigns during the Employment Period and for a period of one year following the Executive's termination of employment.
- The two most common settings for legitimate non-competition agreements are the sale of a business and an employment relationship. When a non-compete agreement is ancillary to the sale of a business, it is enforceable if reasonable in time, geographic area, and scope of activity.