Employers can breathe a sigh of relief as a Texas federal judge set aside the Federal Trade Commission’s (FTC) impending ban on non-compete clauses.
The FTC published a final rule banning all non-compete clauses with...more
Last week, the Federal Trade Commission (“FTC”) released a Notice of Proposed Rulemaking (the “Proposed Rule”) proposing a rule that would ban “non-compete” agreements. Finding that non-compete clauses reduce competition,...more
The Illinois General Assembly has enacted sweeping changes to the Illinois Freedom to Work Act, 820 ILCS § 90, et seq. (the “Act”), which will limit the use of covenants not to compete (“non-competes”) and covenants not to...more
Generally, startups do not sign employment agreements with employees, but if you do, it is very important to understand what you are signing.
For every well drafted executive employment agreement in the business world,...more
This article continues with another tip for drafting executive employment agreements and the importance of consulting counsel.
For every well drafted executive employment agreement in the business world, there seem to be...more
This article continues with another tip for drafting executive employment agreements and the importance of consulting counsel.
For every well drafted executive employment agreement in the business world, there seem to be...more
This article continues with another tip for drafting executive employment agreements and the importance of consulting counsel.
For every well drafted executive employment agreement in the business world, there seem to be...more
Tip No. 1: Define “Cause” Broadly -
Executives and other high-level employees often negotiate a contractual provision requiring the payment of severance if terminated without “Cause” prior to the expiration of a term...more