Go to the bookstore and get Business Contracts for Dummies. It comes with a cd full of Boilerplate contracts including a non-compete.
Then, like everything else. Have your attorney review it.
Biggest things to think about on the non-compete, is your physical area of competition (don't make it too big), Length of competition (more than a year usually gets tossed out in court), and specific qualifications (for instance, you can't have them agree to not invest in real estate, or not do lease-options, it has to be specific to what they are getting from you)
I'm not a lawyer, but I've seen it defeated in court, make sure it's not sooo restrictive that your employee can not work after he quits/gets fired. I've seen the judge throw one out and the guy screwed his boss. Get a competent labor lawyer to review it.
Good question, I would be interested in one as well! Any help out there?
Go to the bookstore and get Business Contracts for Dummies. It comes with a cd full of Boilerplate contracts including a non-compete.
Then, like everything else. Have your attorney review it.
Biggest things to think about on the non-compete, is your physical area of competition (don't make it too big), Length of competition (more than a year usually gets tossed out in court), and specific qualifications (for instance, you can't have them agree to not invest in real estate, or not do lease-options, it has to be specific to what they are getting from you)
I'm not a lawyer, but I've seen it defeated in court, make sure it's not sooo restrictive that your employee can not work after he quits/gets fired. I've seen the judge throw one out and the guy screwed his boss. Get a competent labor lawyer to review it.
A few years ago, I got one on the internet. Use a search engine and you'll find them.
Very resourceful
Thank you!!