Non-Compete Agreements for Employees
A Non-Compete Agreement between a business owner and an employee prohibits an employee from participating in activities with another competitor party during and after employment with the company they have the agreement with. This generally includes the employee starting their own company or practice in a similar field as the one in which they have a non-compete with.
With a well-executed non-compete agreement, business owners do not have to worry that they are investing in their employees only to have them leave to work elsewhere in competition with the business — and potentially taking your clients with them!
Writing a non-compete agreement is tricky. Some jurisdictions render them unenforceable on their face, while others (like New Mexico) permit them but require them to be “reasonable in scope.” Different aspects of non-competition can be very helpful to a business, such as non-solicitation, confidentiality and protection of trade secrets.
Give us a call today to discuss how Law 4 Small Business can assist your business in creating an enforceable non-compete that will protect your business and clients.
Independent Contractor Agreement
Did you know that without the right contract in place, the Independent Contractors you hire will own the copyrights for anything you have them produce for your company?
Independent Contractor Agreements are absolutely critical to protect your business, and establish expectations with your contractors. Such agreements establish payment terms, intellectual property ownership, dispute resolution, confidentiality and trade secret of your important information (think customer lists, recipes, sensitive information), and much more.
Give us a call today to discuss options around contracts for your contractors. We offer a professional, cost-effective template available for sale on the Internet — learn more.
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With over 200 years of combined business law experience, you can count on getting sound advice and solid representation.