Restrictive Covenants/ Non-Compete Agreements
New Jersey Restrictive Covenants/Non-Compete Agreements Attorney
Many times employees are required to sign a restrictive covenant or non-compete agreement as a condition of their employment. Other times, a Contract of Employment may contain a restrictive covenant or non-compete agreement among other provisions contained within the Agreement. Often these agreements are the subject of negotiation at the time of hire while, other times, employees do not even realize that their Employment Agreement contained a restrictive covenant or non-compete agreement until after they have been terminated.
In New Jersey, there are many different considerations that effect whether, and to what extent, a restrictive covenant or non-compete agreement will be legally enforceable. Generally, employers do not have the right to require employees to sign a non-compete or restrictive covenant agreement where the purpose is to simply prevent the employee from engaging in competition.
However, restrictive covenants will be enforced to the extent that they are reasonable and to the extent that they attempt to prevent the employer from engaging in unfair competition. Considerations that affect whether or not the non-compete agreement or restrictive covenant will be enforceable include the amount of time that it is in effect, the geographic scope of the agreement and the type of information and activities that the agreement seeks the employee from engaging in.
To speak with an experienced New Jersey Employment Law Attorney, contact the Law Offices of Gregory S. Schaer, LLC, conveniently located in Monmouth County, New Jersey.