Castronovo & McKinney, LLC offers expert legal support for employees and executives dealing with employment agreements, executive compensation plans, and job offers. In New Jersey, these contracts are binding during and after employment, often including non-compete and non-solicitation clauses that may limit future job opportunities.
These contracts define the terms of your relationship with your employer, specifying compensation and potentially restricting outside earnings and post-employment activities. Understanding each clause is vital, and our attorneys are here to guide you in protecting your interests.
Non-Compete Clauses in Employment Agreements
Non-compete agreements are designed to protect employers by restricting former employees from using sensitive information, such as client details and trade secrets. These clauses can be included in initial contracts or added later as conditions for continued employment.
In New Jersey, a non-compete agreement must meet three criteria to be enforceable: it must protect the employer’s legitimate interests, not create undue hardship for the employee, and not harm the public interest. Balancing these factors is essential for creating a fair and legally sound agreement.
Non-Solicitation Agreements
Non-solicitation clauses restrict former employees from engaging with specific businesses or individuals after leaving their job. These clauses, often found in employment contracts or severance agreements, can have a significant impact on future career opportunities and business relationships.
They are used to protect a company’s interests by preventing the recruitment of clients or colleagues. If you are dealing with a non-solicitation agreement in Norwood, it’s important to understand the full implications of the restrictions and ensure they align with your career goals.
Limits on Hiring Employees
One common form of non-solicitation agreement limits your ability to hire your former employer’s employees. This restriction is designed to maintain workforce stability and prevent disruption from the loss of key staff. Understanding these clauses is important, as they can affect your future career options and professional connections.
Limits on Business with Customers
Non-solicitation agreements can also prevent former employees from doing business with their previous employer’s clients. These provisions protect the employer’s customer base by ensuring departing employees don’t take clients with them. The specifics of these clauses can vary, influencing your career path after leaving the job.
Contact Our Experienced New Jersey Employment Agreement Attorneys
Our attorneys have successfully represented executives and employees in employment agreement negotiations throughout New Jersey, including Norwood. We specialize in securing guaranteed severance, ensuring compensation during non-compete periods, and improving benefits. It is crucial to consult with an attorney before signing any employment contract. You have the right to review and negotiate these agreements, which can have a significant impact on your future career. Contact us today for a thorough review and negotiation of your employment agreement to protect your rights.
Castronovo & McKinney, LLC provides legal assistance with employment agreements across New Jersey, including Norwood.