Covenant not to compete

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• Jan's sandwich shop: legality and enforcement of a non-compete agreement

  The reasonableness of a covenant not to compete is examined by the court on a case-by-case basis; if a covenant not to compete is unreasonable, "the courts may either refuse to enforce it or change it so that it is reasonable" (Cheeseman 2004, p. 245)

• Tax Effects of sale of Hsui's process to preserve fresh frui

  at $45,000 per year or (2) $850,000 in cash for a 10-year covenant not to compete and $45,000 per year for 10 years in payment for the process.

• Tax Consultants Recommendations for Structuring Agreement

  A covenant not to compete is a Sec 197 asset - intangible with a write-off period of 15 years to the seller d.

• Tax effect of exchange of taxi business for limo service

  In order to strike the deal, U insists that T sign a covenant-not-to-compete that U and T value at $25,000.

• Components of the sale of a business

  Character of the gains are capital gain for the building and goodwill; ordinary gain for the equipment and the non-compete covenant.

• Implications of Certain Employment Laws

  If this restrictive covenant essentially means the employee would need to relocate or commute to work over one hour one-way every day to get to an employer that is far enough away not to violate the covenant, would you deem it to be too restrictive?

• Legality in Hotel Management

  ISSUE: Is the non-compete/restrictive covenant in the contract between Hotel Lux and Chef Perlee enforceable? Can Hotel Lux enjoin/prevent Perlee from working in the New Jersey restaurant.

• Valid Contract

  It is useful in court to have an incentive or a reward linked to the non-compete agreement. This does not apply to an employee who is made to sign the non-compete agreement at the time of joining employment.

• ADA, Non-compete Agreements and Workplace Investigation

  The non-competition agreements or other restrictive covenants will be held valid if there are reasonable restrictions as to the geographical area and time period in which an employee may not compete.