You receive an email from one of your business clients asking you to call. It seems their current sales force has no employment contracts and they want you to draft employment agreements, including a noncompete, to stop them from leaving to work for their competition across the county. You pick up the phone and prepare to deliver the speech.
Many Pennsylvania employment lawyers have lived this client exchange ad nauseum: “In Pennsylvania, you must provide current employees with additional consideration for a noncompete to be effective.” The client responds, “Like what?” You start to offer some possibilities: “You could provide a cash payment, participation in a bonus plan, additional vacation days, favorable change in job duties, a peppercorn.” The consideration is resolved, or possibly not if the client abandons the idea, concluding the consideration is more expensive than the future competition.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]