Confidentiality and non-competition clauses in employment
What are some legal and public policy issues regarding enforcing confidentiality and non-competition clauses in employment contracts? Have you signed such agreements as an employee? Would you require such agreements as the owner of a company?
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A "non-competition clause" is an agreement entered into between a salaried employee and an employer to the effect that the employee cannot take up employment with a company which competes with the employer, or set up or be financially involved in such a company him- or herself. Such agreements may be entered into only by salaried employees who hold special positions of trust.
Mostly, employee has to sign such agreement to protect the interest of employer.
Public policy and legal policy
The owner ...
Solution Summary
This discusses the confidentiality and non-competition clauses in employment