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Replace Calculations into the Noncompete Agreement

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Aug 6th, 2022

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How to Replace Calculations into the Noncompete Agreement

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the following BL TV program is brought to you by OFlaherty law please enjoy welcome to learn about law my name is Kevin o Flaherty from OFlaherty law and today were gonna talk about non-compete agreements and answer the question when is a non-compete agreement enforceable so first lets talk about what a non-compete agreement is a non-compete agreement is an agreement between an employer and an employee that during the term of the employees service with the employer and after the employees job is terminated for a particular period of time the employee is not going to engage in competitive activities with the employer its really a balance between restraint of trade on the one hand that we dont want to see but also protecting an employers investment in an employee we dont want the employer to give the employee a bunch of skills experience and trade secrets only to have them immediately jump ship and go take that information and skills to a competitor so oftentimes when an employer

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Got questions?

Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.

How do you get around a non-compete clause?

In certain circumstances, it is possible to find non-compete contract loopholes that may void the contract. For example, if you can prove that you never signed the contract, or if you can prove the contract is against the public interest, you may be able to void the agreement.

Is the US banning non-compete agreements?

In the wake of the Federal Trade Commissions (FTC) proposed rule that would effectively ban non-compete agreements nationwide, on February 1, 2023, a bipartisan group of U.S. Senators have renewed their efforts to ban the use of non-compete agreements nationwide through legislative action.

How enforceable are non-compete agreements in Florida?

Non-compete agreements are legally enforceable in Florida. They are deemed valid restraints on trade as long as all legal requirements are met. That being said, Florida law does look at non-compete contracts with some general skepticism.

Whats the meaning of non-compete?

A non-compete agreement is a contract between two parties, usually two individuals or one company and one individual, in which one of the individuals promises not to compete with the other individual or company once their relationship with the company has ended.

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