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Gray areas in non-compete agreements?

Berkonomics

Last week we introduced the subject of non-compete agreements. Certainly, the buyer’s asset purchase documents included a non-compete clause, usually valid for two years from the date of the closing. Just separate confidentiality from non-compete, and obey the confidentiality clauses, which do not expire.

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Are you afraid of non-compete agreements?     

Berkonomics

Rules about non-compete agreements So, what are the rules about those pesky non-compete agreements signed upon your discharge, or upon the sale of your previous company? As I write this in late 2024, legislation is being proposed at the national level to eliminate non-competes. Realistic images.”

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Good riddance to non-competes

OnlyOnce

I love that the FTC just banned non-competes, as everyone expected they would. We started off at Return Path years ago with a standard and fairly benign non-compete because they were standard. Customer and employee non-solicits for a year – no problem. But by and large, I say good riddance to non-competes.

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How To Scale Your Startup Far Beyond Organic Growth

Startup Professionals Musings

Use external sourcing to fill in the non-critical gaps. Don’t use alliances for core competencies. Rather than push non-compete agreements on your superstars, it’s more productive to create incentive systems and creative ways for them to work more independently, just for you. Add basic partner contracts or alliances.

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7 Reasons That Worker Empowerment Rules The Workplace

Startup Professionals Musings

The problem is particularly acute for middle-class, non-managerial, and exempt employees who don’t qualify for overtime pay under tightening labor laws, and high big-company expectations. Number of non-compete agreements is way down. Millions of folks need to find supplemental income to rebuild their eroded purchasing power.

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8 Tactics For Every Entrepreneur To Manage Technology

Startup Professionals Musings

Technology is so key to every business these days that experienced business-smart but non-tech entrepreneurs are feeling deeper and deeper in the hole. The non-technical leadership attributes of excellent communication skills, high integrity, passion, and perseverance are critical for the success of the whole team.

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Primary Problems with Enforcing Non-Compete Agreements

YoungUpstarts

Businesses often require employees to sign non-compete agreements to protect their business interests. However, just because an employee has signed a non-compete agreement does not make the agreement valid under the law. Non-Compete Time Period. by Yasir Billoo, partner at Golden & Grimes LLP.