Navigating Executive Non-compete Agreements - Pitfalls & How to Surmount them
Last Thursday, on August 10, 2017, CEOWorld magazine published an article I wrote on “Pitfalls of and Techniques to Surmount Non-Compete Agreements for Executives.” This article was designed for CEOs, C-suite executives and other senior executives who are asked to sign non-compete agreements with their company. My article deals with both the coverage and pitfalls of non-competes but also offers key techniques for the CEO and senior executives to surmount non-competes and protect your career. Techniques used in the past and offered to the reader include negotiation of the following
Fully “Paid up” non-compete to make the Executive whole,
Planning to navigate around the shoals of the non-compete terms,
Use of an indemnity from the new employer.
My article also discusses key terms for the executive to negotiate in covenants for non-solicitation of customers and clients, non-solicitation of employee and contractors, confidentiality and NDA agreements, and assignment of inventions.
To see my full CEOWorld magazine article, go to my website at http://www.executiveemploymentattorney.com/articles-section/pitfalls-surmount-executive-non-compete-agreement/
With more than 12.4+ million page views, CEOWORLD magazine is the world’s leading business magazine written strictly for CEOs, CFOs, CIOs, senior management executives, business leaders, and high net worth individuals worldwide.
It is my hope that this article will be helpful to senior executives who are navigating the shoals of non-compete, non-solicitation agreements and going into a new position or change of control. If you or any colleague of yours has a need in this area, please do reach out to me at 617-875-8665 or email [email protected].
