Non-Competition Clauses and Employment Contracts
Non-competition clauses in an employment contract are common depending on the profession and or industry.
Non-competition clauses are also referred to as restrictive covenants. Here are some additional examples:
- Non-disclosure clause
- Non-competition clause
- Non-solicitation clause
Such clauses are designed to restrict an employees` ability to engage in certain activities.
A non-disclosure clause will prohibit an employee from disclosing any confidential information and or business information.
A non-competition clause will prohibit an employee from competing with their current and or former employer. A non-competition clause might go even further then that by forbidding an outgoing employee from taking a job with the employer`s competitor.
Non-solicitation clauses will prohibit an employee from trying to solicit clients or third parties associated with your former employer.
You can find more information by reading my other post titled Non-Competition Clauses.
If you are either an employee or employer and have further questions about restrictive covenants call me a Mississauga lawyer.