That's our company's situation, too. It can also depend on whether the VP

is ticked off at the exiting employee and sicks our lawyers on them. That's extremely tough on the employee, because sometimes their new employer won't supply legal counsel.

We have found they are largely unenforceable, but you can get a lot of people to honor them without challenge. And when they do challenge it, it comes at a price.

In response to this post by ElbertoHokie

Posted: 02/04/2019 at 5:31PM

How legal are noncompete requirements from employers? -- WestyHokie 02/04/2019 3:53PM

The question is really who holds the leverage -- North Main Hokie 02/05/2019 3:18PM

Thanks for all the responses ** -- WestyHokie 02/04/2019 10:24PM

Steal all their customer and they will be out of business. -- Guy LeDouche 02/04/2019 9:52PM

Rarely enforced from what i understand ** -- HokieDan95 02/04/2019 8:55PM

Here's what I don't understand about your post -- MrBayAreaHokie 02/04/2019 8:18PM

It's the difference between an Incentive Stock Option (ISO) and a Non-Qual -- North Main Hokie 02/05/2019 3:10PM

Options vest annually -- WestyHokie 02/04/2019 10:23PM

So,are they accelerating the vesting? -- MrBayAreaHokie 02/05/2019 09:33AM

Can't they just keep the existing vesting and expiration schedule? -- Hokie360 02/05/2019 10:00AM

Could mean that -- MrBayAreaHokie 02/05/2019 11:51AM

The question of non-competes is twofold. First is it a well written -- CPRVHokie 02/04/2019 6:49PM

State by state -- MrBayAreaHokie 02/04/2019 5:34PM

They'd have to be some pretty damn good options to sign that non-compete -- CochraneResident 02/04/2019 4:40PM

In dentistry its more a geographic thing and a "are you stealing patients" -- DonHo-kieHi 02/04/2019 4:37PM

Probably legit - our stock options had it as part of the plan -- VTChip 02/04/2019 4:32PM

Right, it's a contract, you signed it. You may have signed it... -- `lag 02/04/2019 5:28PM

Legal, sure. Better question is whether it is enforceable. -- Tafkam Hokie 02/04/2019 4:30PM

This one seems much less onerous than many and it does not bar an employee -- 81_Hokie 02/04/2019 5:02PM

Probably- they are compensating the person for their agreement -- bigbadbird 02/04/2019 4:16PM

It's usually a state by state thing. -- ElbertoHokie 02/04/2019 4:02PM

That's our company's situation, too. It can also depend on whether the VP -- pfishe 02/04/2019 5:31PM

Depends on the state but probably legal most places. It’s not an outright -- RoswellGAHokie 02/04/2019 3:56PM

That's our company's situation, too. It can also depend on whether the VP

Insert a Link

Tech Sideline is Presented By:

Our Sponsors