The Soapbox

Joined: 06/03/2005 Posts: 31245
Likes: 52901

25000+ Posts

Board Member 15+ Years

10000 Likes

10000 Likes

10000 Likes

10000 Likes

10000 Likes

2000 Likes

500 Likes

250 Likes

100 Likes

What's this?

Interesting. In my experience they were rarely enforced except in

egregious instances of a senior exec going to a direct competitor.

I'm generally OK with this ruling, but I'd think they should still be allowed above a certain level / level of pay. If you're a start up, you don't want your head of engineering leaving for a direct competitor. Or they should be allowed with explicit additional (and optional) compensation in exchange for the non compete, then no one is forced to sign it, but a company who wants better protection against its employees taking their knowledge of IP to a competitor can pay extra for that protection.

(In response to this post by Lazarus)

Posted: 04/24/2024 at 07:02AM

+1

PREV NEXT REPLY

Insert a Link

Enter the title of the link here:

Enter the full web address of the link here -- include the "http://" part:

Current Thread:

For those interested...the FTC has banned Non-Compete Agreements (link) -- Tuckahokie 04/24/2024 06:02AM

IIRC Virginia is a Right To Work state -- DexterLake 04/24/2024 07:07AM

Different issue, but yes, non-competes are only as effective as the judge -- Hoodafan 04/24/2024 08:38AM

From what I understand they're never enforced ** -- HokieDan95 04/24/2024 07:36AM

Employers did not think so, as I was under two different ones -- 111Balz 04/24/2024 07:29AM

So more of a customer base limitation? -- DexterLake 04/24/2024 07:35AM

It’s usually to protect clients, trade secrets, employee poaching and IP. -- WahooRQ 04/24/2024 07:53AM

So you can steal IP and trade secrets with no noncompete? ** -- ResistHoo 04/24/2024 08:11AM

That was part of it, but I was about the only banker in the market financin -- 111Balz 04/24/2024 07:39AM

Thread jack ...... -- DexterLake 04/24/2024 07:42AM

Yeah, we were there, beautiful evening, and they sounded great ** -- 111Balz 04/24/2024 07:58AM

Although in honesty, as good as Charlie and the substitute rhythm section -- 111Balz 04/24/2024 08:00AM

Dennis -- DexterLake 04/24/2024 08:25AM

Thanks. There was just something about the way Dennis -- 111Balz 04/24/2024 08:49AM

Yes indeed. Both great in their own way. -- DexterLake 04/24/2024 09:20AM

Not unenforceable, but had to be limited in scope, time and geography. ** -- JMHoo 04/24/2024 07:22AM

JM - if you don't mind - what is the difference between an NDA and a CDA? -- Lazarus 04/24/2024 07:37AM

Thanks Tuck. From Business Law, I never understood how they could be legal -- Lazarus 04/24/2024 06:26AM

Interesting. In my experience they were rarely enforced except in -- BocaHoo91 04/24/2024 07:02AM

While not perfect, I do think NDA’s can be protection against -- 111Balz 04/24/2024 07:23AM

I have a friend Hoo ran a restaurant. When they enforced his no compete - -- Lazarus 04/24/2024 07:19AM

Starr Hill Beer -- DexterLake 04/24/2024 07:28AM

I've had so sign them for business consulting, but .... -- DexterLake 04/24/2024 07:14AM

Mayne because you were never in a position where leaving one place -- WahooRQ 04/24/2024 07:57AM

The same is true in other areas. Try finding a broker that won't tell you -- 81_Hokie 04/24/2024 06:34AM

Notice: Trying to get property 'queue' of non-object in /data/www/sportswar.com/wp-includes/script-loader.php on line 2781

Warning: Invalid argument supplied for foreach() in /data/www/sportswar.com/wp-includes/script-loader.php on line 2781