Non-Compete Agreements
A non-compete agreement is a contractual provision that restricts a departing employee from working for a competing company or entity after the employee’s termination, be it voluntary or involuntary. They are enforceable throughout the state of Texas, but as with any contract their language is what determines their scope and severity.
If you are considering creating a non-competition policy for your new employees, having the support and assistance of an experienced legal professional can help you protect your interests when expanding and developing your employee base. Contact the Texas business lawyers of Slater Kennon & Jameson, LLP today at 512-472-2431 to learn more about your options.
Components of Non-Compete Agreements
In order to be enforceable non-compete agreements must include:
- Limitations on time the agreement will hold
- Limitations as to the geographical scope of where the agreement will be enforceable
- Limitations to the scope of activity that can be restricted
- No limitations that will prohibit the property interests of the individual
- It must be part of a greater or related agreement made at the same time as the non-compete agreement
Following these guidelines, it is possible to create an agreement for your new employees that will restrict their ability to aid your competition following their departure from your company or organization.
Contact Us
When it comes to running your business, it can be very beneficial to make decisions with the help of experienced professionals. The Texas business lawyers of Slater Kennon & Jameson, LLP are ready to support you and your business interests. Contact our offices today at 512-472-2431 to find out more about how a Texas business lawyer can help you and your business.