|
|
|
|
|
|
by x3n0ph3n3
1276 days ago
|
|
|
They are actually permissable in circumstances similar to John Carmack's: > California employers can sidestep non-competes in the following instances: > EXCEPTION 1: If the employee sells business goodwill > EXCEPTION 2: If the owner sells his or her business interests > EXCEPTION 3: If the owner sells all operating and goodwill assets > Upon the business’ dissolution, a member of the company may agree to a non-compete if operating a similar business in the geographic area. Goodwill is the company’s name and brand reputation. Employees with stock options are not considered company owners for purposes of non-competition agreements. https://www.contractscounsel.com/b/non-compete-california |
|
|