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Employment Contract › Incentives

Orrick, Herrington & Sutcliffe LLP

#ESOP: How to Deal with the New Case Law on the Forfeiture of Vested Virtual Shares – A Practical Update for Employers and...

Orrick, Herrington & Sutcliffe LLP on

Incentive programs like an employee stock option plan or a virtual stock option plan ("VSOP") are widely used by young technology companies ("Company") to reward and retain talent ("Beneficiaries"). A key feature in these...more

Perkins Coie

The District of Columbia Implements a Modified Ban on Non-Compete Provisions

Perkins Coie on

After more than a year of delays and revisions, the long-awaited Ban on Non-Compete Agreements Amendment Act of 2020 (the Act) took effect beginning October 1, 2022, following the passage of the Non-Compete Clarification...more

Sheppard Mullin Richter & Hampton LLP

The District of Columbia Revises Ban on Non-Competes

Sheppard Mullin Richter & Hampton LLP on

On July 27, 2022, Mayor Muriel Bowser signed into law the Non-Compete Clarification Amendment Act of 2022, scaling back certain aspects of D.C.’s original Ban on Non-Compete Agreements Amendment Act of 2020. As we previously...more

Proskauer - Law and the Workplace

D.C.’s New Restrictive Non-Compete Law Goes Into Effect October 1, 2022

Proskauer - Law and the Workplace on

This past July, the Council of the District of Columbia amended its statutory requirements for Universal Paid Leave through the Universal Paid Leave Emergency Amendment Act of 2022 (the “Act”). The amendments made to the D.C....more

Blake, Cassels & Graydon LLP

Styles Overturned: Alberta Court of Appeal Clarifies Treatment of Incentive Payments upon Termination

Blake, Cassels & Graydon LLP on

In Styles v. Alberta Investment Management Corporation (Styles), a recently released decision that has been eagerly awaited by employers and employees alike, the Alberta Court of Appeal (Court) clarified the law with respect...more

Perkins Coie

DOJ and FTC Issue Guidance and Announce Policy Shift Regarding Antitrust Challenges to Hiring and Compensation Decisions

Perkins Coie on

The U.S. Department of Justice’s Antitrust Division and the Federal Trade Commission jointly issued their Antitrust Guidance for Human Resources Professionals on October 20, 2016. The guidance addresses the applicability of...more

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