Mark G. Clark Contracts Law Blog on Lawyers.com

Attorney Mark G. Clark Discusses Non-compete Agreements

Tuesday, December 1, 2009 by Mark G. Clark

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Traverse Legal Radio
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With expert: Attorney Mark G. Clark

Show sponsor: Traverse Legal, Non-Compete, Trade Secret & Confidentiality Litigation and Negotiation

Transcript excerpts below.. (Read entire interview transcript here)

DAMIEN ALLEN:  What are some of the issues to consider when you’re doing a non-compete agreement? And what is a non-compete agreement?

MARK CLARK:  Damien, a non-compete agreement is essentially a restrictive covenant imposed by an employer on an employee that prevents the employee from doing certain things generally in competition with the employer after they leave their employment, and in most states, courts have upheld these non-compete agreements.  So they’re big deals to both employers and employees because obviously, if you’re an employee, for instance, you’re going to be restricted by a non-compete agreement potentially from engaging in the same type of work in the locale where you live and work currently, and of course, they’re important for the employer so that the employer can maintain their competitive business advantages in the market that they serve.

DAMIEN ALLEN:  Now, are there other reasons why you’d want to have a non-compete agreement?

MARK CLARK:  Well, the other reasons you might want to have a non-compete agreement if you’re an employer, for instance, is simply to maintain your client base if you serve a customer or client base and to protect potentially proprietary or confidential information.

 
Posted at 14:27 PM
Topic: Contracts
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