Non-compete agreements are one of the most common employment agreements. The objective of a non-compete agreement is to guarantee that an employee doesn’t acquire field-specific information or trade secrets, quit their job, apply that insider knowledge to a competing company, or start another company in a very similar field. In many cases, non-compete agreements are created fairly for both parties involved.
However, there are instances where these agreements can be completely unfair to trusting employees. Typically, non-compete agreements include both time and geography limits. For instance, a non-compete agreement may state that an employee is prohibited from using insider knowledge at a competing company for the next 2 years. They may also only apply to a certain state or area. When a non-compete agreement is too broad in scope or is found unreasonable in any fashion, it is in your best interest to reach out to a skilled Knoxville employment agreement attorney to assess your situation. Our legal team can help you.
What is a non-compete agreement in Tennessee?
An individual that is entering a new job will likely be presented with a non-compete agreement. This type of contract is basically a clause that is used in employment agreements that restrict the circumstances under which an individual can leave their job to take another one. The most substantial concerns for a company using these agreements are that an employee will obtain field-specific information or trade secrets, quit their current job, and apply to a competing company in the same field. This clause is aimed at areas of employment that are within the same enterprise and geographical location.
Non-competes can be offered to employees at the beginning of employment or even halfway through employment, however, they will need to be supported by some consideration, which implies something given in exchange for the agreement.
It is in your best interest to reach out to our skilled employment firm today if you have any additional questions or concerns concerning non-compete agreements. Our legal team is here to help you.
Is my non-compete too restrictive?
In some cases, a non-compete agreement is considered to be too limiting. If this occurs, legal claims can surface because these agreements might be unfair to employees. Usually, non-compete agreements include both time and geography limits. For example, a non-compete agreement may claim that an employee is banned from using insider knowledge at a competing company for the next 4 years and may only confine a certain state or area.
It is essential to mention, however, that each case is different and the court will weigh the facts of each case individually. These matters are highly subjective, and because of this, they need the help of a skilled employment law attorney, whether you are the employee or the employer. If you find that your non-compete agreement is too big in scope or unjust in any way, it is in your best interest to reach out to our Knoxville employment attorney before you sign your contract.
CONTACT OUR EXPERIENCED TENNESSEE FIRM
Morris & Doolan has significant experience representing clients facing a wide range of workers’ compensation matters, including denial of benefits, appeals, and third-party lawsuits. Contact us today to learn more about our services.