Shayna Balch was a guest blogger for the Phoenix Business
Journal on September 2, 2014.
A restrictive covenant is a contract that prohibits an employee
from competing with his or her ex-employer for a certain period
after they have left the company. In some cases, the agreements
also work to prevent ex-employees from soliciting or dealing with
customers of the business.
In this article, Shayna provides four tips for employers.
- Clearly define your protectable business interests
- Ensure the restriction is reasonable
- Include a severability clause
- Understand what is and is not enforceable
Have a clear understanding of what is enforceable with regards
to your state laws and industry standards and resist the urge to
use a solution that is not completely customized, by a legal
professional, for your organization.
Click here to read the full article.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.