Alex Is a non-compete clause enforceable if you are made redundant?
Therefore, a restrictive covenant may still be enforceable if you have been dismissed or been made redundant. Under these circumstances, you will be entitled to regard yourself as dismissed and the covenants contained in the contract will not be enforceable by your employer.
Can you sign a non compete agreement with a former employer?
If your employer presents you with a non-compete agreement and you decide to sign the contract, you are promising not to compete against your employer once your employment ends. In addition to preventing you from signing an employment contract with a competitor of your former employer, non-compete clauses can prevent you from:
What happens to a non-compete clause if you get fired?
In most cases, the non-compete clause still holds even if you are fired or laid off. However, you may be able to request that your former employer waive the clause. In such circumstances, employers are sometimes more open to waiving the clause. What should I do before signing a non-compete clause?
Can a non-compete clause be included in a severance agreement?
Our law firm also regularly represents individuals with respect to their non-compete and non-disclosure agreements. Depending on the employee’s particular profession, employers may include a Non-Compete Clause within or a Non-Compete Agreement along with a Severance Agreement.
What is the definition of a non-compete agreement?
A non-compete agreement is a contract between an employee and employer. A non-compete prohibits an employee from engaging in a business that competes with his/her current employer’s business.
Can a fired employee sign a non-compete agreement in Florida?
Many employees think that, just because an employer forced them to sign the agreement or be fired, that they are not bound by a non-compete agreement. That’s just not true. Continued employment is valid consideration for a non-compete agreement in Florida. Florida statutes presume that non-compete agreements are valid.
Can a non-compete clause be enforced if the employer?
This is true regardless of the reason the employee left the company. However, not all non-compete agreements are fully enforceable under the law. If you have any questions regarding an employment agreement with a former employer, it is best to consult with an attorney familiar with labor law in your state.
Our law firm also regularly represents individuals with respect to their non-compete and non-disclosure agreements. Depending on the employee’s particular profession, employers may include a Non-Compete Clause within or a Non-Compete Agreement along with a Severance Agreement.
What does it mean to sign a non-compete agreement?
These agreements are meant to ensure that the employee will not exchange any concepts, private practices, reports, etc. with competitors that could use that type of information against them and gain a competitive edge.