By H Clay Parker | Published May 31, 2024 | Posted in Noncompete Agreements | Tagged Tags: employment contract, noncompete agreements, nondisclosure, soliciting |
In April 2024, the Federal Trade Commission (FTC) announced a new rule that broadly bans noncompete agreements in employment contracts across the United States. The rule not only prohibits the enforcement of new noncompete agreements but also requires employers to rescind most existing agreements and inform affected employees of the change. A noncompete agreement between Read More
Read MoreA non-compete clause is a contractual agreement that an employee will not compete with the employer’s business during employment or will not work in or start up a competing business for a fixed period of time after leaving the employer. A non-compete agreement can place geographic restrictions on where a former employee can work and Read More
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