Many employers require their employees to sign non-compete agreements as a condition of employment. There are a number of reasons for such agreements. For example, an employee may have access to trade secrets, proprietary technology, confidential customer lists or pricing information.
New York courts carefully scrutinize and strictly construe employee non-compete agreements.
Generally, a non-compete agreement is enforceable if it is:
- Necessary to protect an employer’s legitimate business interest
- Reasonably limited in geographic scope and duration
- Reasonably limited to the scope of occupation
- Supported by consideration
Severance packages may also include critical non-compete agreements. Before signing, be knowledgeable of the effects any such agreement may have on your future ability to obtain employment. If you are asked to sign a non-compete, you should be careful. Even though it may not be enforceable, it might take years to litigate the question, and in the meantime, you may lose the opportunity you sought. Call the law firm of Neil H. Greenberg & Associates today at 1-866-546-4752 to schedule a free consultation. The firm’s team of skilled and experienced attorneys are waiting to answer your questions and to help you protect your legal rights.
