Making Sense Of Non-Compete Agreements
When hiring an employee or during the course of their employment, many employers have the employee sign a noncompete agreement or non-solicitation agreement. These restrictive covenants can limit an employee’s ability to work or solicit clients within a certain time period and geographic area.
At the Mount Kisco office of Markus & Sheridan, LLP, we have extensive experience representing employees and employers throughout Westchester County and the New York City area. As seasoned litigators and negotiators, we provide trusted guidance and tailored advice to clients regarding the scope of restrictive covenants.
New York City Lawyers Handling Noncompete And Nonsolicitation Agreements
A noncompete agreement is a contract signed by an employee that limits his or her ability to work in a particular industry. Generally, this type of restrictive covenant is limited to a specific geographic region and time period. For example, if a Westchester County widget company does not want an executive to leave and work for a competing business, the company may want to have the executive sign a non-compete agreement. This agreement could state that the executive will not work for a widget company in Westchester County for the next two years.
A non-solicitation agreement can protect an employer’s proprietary client lists and contacts, which are valuable assets to any business. This agreement prohibits an employee from contacting or soliciting business from a client after the termination of his or her employment.
Protecting The Rights Of Employees And Employers
Experienced in employment law matters, our attorneys assist employees, executives, managers and business owners with non-compete and non-solicitation agreements, including:
- Negotiating the terms of restrictive covenants and severance packages
- Drafting non-compete and non-solicitation agreements
- Advising clients as to their rights and obligations under employment contracts
- Representing clients in breach of contract actions and disputes