Other Flashcards
1
Q
What are the two key types of Restrictive Covenants?
A
Non-competition and non-solicitation clauses.
2
Q
What is a non-competition clause?
A
A restriction on EEs after contract termination that restricts competition in area and duration.
Enforceable only if reasonable in area and duration to protect the proprietary interests of the employer.
3
Q
What is breach of fiduciary duty?
A
An equitable wrong under civil wrongs.
The duty to act in the best interest of the company, excluding their own.
The higher up in the org, the higher level of duty.
