Whether you're a company leader worried about a valued
employee resigning to join a competing business, or an employee
concerned about your ability to continue working in your field of
choice for several years, non-competition agreements affect your
choices, career decisions, and long-term plans. Both employers and
employees should be mindful about any agreements they enter into
that may affect post-employment rights.
Here are a few things to consider if you are formulating a
non-competition agreement or have been asked to sign one:
- Identify the state law that
applies to your non-competition agreement. Laws regarding
the enforceability of non-compete clauses vary widely from state to
state.
