non-compete
My former brokerae firm is seek an injunction to stop me from contacting former clients, I an in TN. my contract state came to know as or served by, my question is if I ha business with a client prior to my association with the firm, is that client now considered te property of my new firm? In addition if they did not dsclose cost assocaited with my employment can that void the contract?
1 answer | asked May 24, 2002 11:03 PM [EST] | applies to Tennessee
Answers (1)
Non-Competes must be Reasonable
Non-compete agreements must be reasonable in scope and application. They may not restrict you from competing for an unreasonable lenght of time nor in an unreasonable area. Such agreements must also be supported by consideration, in other words, you must have received something of value in exchange for your agreement. The amount of disclosure on the terms of the agreement including the cost associated with your employment may come into play there. To give you more advice an attorney would need to review the agreement and spend some time talking with you.
posted by Alan Crone | May 28, 2002 08:17 AM [EST]
Non-compete agreements must be reasonable in scope and application. They may not restrict you from competing for an unreasonable lenght of time nor in an unreasonable area. Such agreements must also be supported by consideration, in other words, you must have received something of value in exchange for your agreement. The amount of disclosure on the terms of the agreement including the cost associated with your employment may come into play there. To give you more advice an attorney would need to review the agreement and spend some time talking with you.
posted by Alan Crone | May 28, 2002 08:17 AM [EST]
Answer This Question
Sign In to Answer this Question
Related Questions with Answers