Noncompete

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Noncompete

A provision in a number of employment contracts that prohibits an employee from working for a competing firm for a specified number of years after the employee leaves the firm.

Noncompete

Describing a clause in many employment contracts forbidding an employee from working for another firm that competes with the employer for a certain number of years after the termination of the contract. A noncompete clause may have a geographic limit. For example, a dentist who goes to work for corporate dental practice may sign a noncompete clause forbidding him from working for a competing dental practice within 25 miles for five years after the completion of the contract.
References in periodicals archive ?
At issue is SignatureMD's allegation that MDVIP has engaged in unenforceable non-compete clauses, sham litigation, and threats of legal action against doctors, even after the expiration of their contracts, in violation of several Federal and State laws.
Typically, a court must find that a non-compete clause protects an employer's legitimate interests before it gets enforced.
The extent to which non-compete clauses are legally allowed varies per jurisdiction.
Tawainese PC maker claims its former CEO breached a 12-month non-compete clause
Some physicians wrongly assume that they will be able to negotiate their way out of a non-compete clause when exiting hospital employment.
The Las Vegas Review-Journal, citing sources, reported on its Web site Thursday that Moos, who had previously been identified as a finalist for the position and had interviewed in Las Vegas on Monday, was preparing to board a plane to Las Vegas to accept the UNLV job - but that dealing with the non-compete clause had become a stumbling block.
According to The Company Law of the People's Republic of China, Zong Qinghou and Wahaha have not violated the non-compete clause nor have they brought any losses to Danone.
He says her contract has a non-compete clause, and he will not waive it for her to come to work for us.
RDF, which produces hit shows including Location, Location, Location and the controversial documentary A Year With The Queen, claims Mr Clements signed a non-compete clause which prevented him taking up the job with SMG until December 2008.
Require that the non-compete clause be reasonable in its scope--duration, geographic region, and market segment.
and testified that in many transactions with Hollinger, a non-compete clause was present in the sales contract, whether Reed requested one or not.
The candidate got his organization to give him a written release to get out of the non-compete clause.
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