Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

2) PRT, Inc. is an electronic health records company has offices in New York, Connecticut, New Jersey, Missouri, and California, and the PRT business plan

2) PRT, Inc. is an electronic health records company has offices in New York, Connecticut, New Jersey, Missouri, and California, and the PRT business plan anticipates penetration into all major metropolitan areas in the United States.PRT hires John Grantt as its Chief Executive Officer.Grantt is an experienced and successful CEO who is well known for growing successful companies, and he was formerly the Chief Executive Officer of the largest national electronic health records company.PRT enters into an executive employment agreement with Grantt with the following restrictive covenant:

During the term of Employee's employment and for a period of five (5) years following the effective date of termination of employment, Employee shall not, directly or indirectly, be employed in any capacity by a company that distributes electronic health records programs in a territory described as the United States of America.

1Using the fundamental elements of a restrictive covenant described in this lesson, provide an analysis of enforceability of this covenant.Please provide a complete explanation of your analysis and support of your conclusion.Be sure to use each element of the analytical framework described in the course lecture and materials.

2If you believe that the covenant is unenforceable, what would you change to make it enforceable?If you believe that it is enforceable, what changes would make it unenforceable?

3If the PRT company is successful in penetrating every major market in the United States, would your answer change?Why or why not?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Criminal Law Cases And Materials

Authors: Joshua Dressler, Stephen Garvey

9th Edition

1647087708, 978-1647087708

More Books

Students also viewed these Law questions