Question
Marc is a successful sales representative for ABC Corp. selling appliances to distributors and retailers in Florida, Georgia and Alabama. ABC Corp has spent money
Marc is a successful sales representative for ABC Corp. selling appliances to distributors and retailers in Florida, Georgia and Alabama. ABC Corp has spent money to provide Marc with specialized training and gave him access to their proprietary client list. To protect their client relationships and investments in Marc's training, ABC Corp. required Marc to sign a non-compete clause that restricts him from "any position in the general field of sales for 5 years in the United States." Looking at the statutes and common law relevant to your jurisdiction, would this non-compete contract be enforceable? How might you re-write the terms to ensure high likelihood of enforcement?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Enforceability of the NonCompete Clause 1 General Considerations Reasonableness For a noncompete clause to be enforceable it must be reasonable in ter...Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started