Employment Agreement Review and Negotiation
Our legal experts assist employees and executives with reviewing and negotiating employment agreements, executive compensation plans, and job offers. In New Jersey, these agreements are binding both during and after your employment. They often include non-compete and non-solicitation clauses, which could restrict your ability to compete with your former employer.
These contracts define your relationship with the company, detailing compensation and potentially limiting external earnings and activities post-employment. Understanding these terms is crucial. Our attorneys guide you through each clause to protect your interests.
Non-Compete Clauses in New Jersey
Non-Compete agreements restrict former employees from using sensitive information like client details and trade secrets. These agreements can be part of the initial contract or introduced during employment.
For a Non-Compete agreement to be enforceable in New Jersey, it must protect the employer’s legitimate interests, not cause undue hardship on the employee, and not harm public interest. Balancing these elements is key to creating an effective and lawful agreement.
Non-Solicitation Agreements in New Jersey
Non-Solicitation agreements limit interactions with specific businesses or individuals post-employment. These clauses can appear in initial contracts, severance agreements, or other documents.
These agreements prevent former employees from enticing away clients, customers, or colleagues. Understanding the extent of these restrictions is crucial, as they can impact your career and professional relationships. Ensuring these agreements align with legal standards and your goals is essential.
Limits on Hiring Employees
Non-solicitation agreements often prevent individuals from hiring employees of their current employer after leaving the company. This protects the employer’s workforce from being poached, safeguarding the company’s operational stability.
Limits on Doing Business with Customers
Non-solicitation agreements may include provisions to prevent former employees from conducting business with their previous employer’s clients. These clauses protect the employer’s customer base and business interests. Understanding the specific language and implications of these agreements is crucial for your professional path post-employment.
Contact Our Experienced New Jersey Employment Agreement Attorneys
Castronovo & McKinney, LLC has successfully represented numerous executives and employees in employment agreement negotiations in and around Fairfield Township. Our expertise includes securing guaranteed severance, ensuring compensation during non-compete periods, and enhancing compensation and benefits terms. Consulting with an employment attorney before signing any agreement is essential. You have the right to review the contract thoroughly. Contact us today for a thorough review and negotiation of your employment agreement to safeguard your rights and interests.
Castronovo & McKinney, LLC helps clients with their employment agreements throughout New Jersey, including Fairfield Township.