February 07, 2008
Update on Non-Compete Agreements
In a recent article by Todd A. Jones in the CFMA Magazine the author pointed out the growing trends in the use of these agreements. Really?!
Mr. Jones is correct that it is a growing trend....mainly because few construction companies have historically used this valuable device. The standards for these agreements (reasonable consideration, reasonable geographic location and time) are easy to understand but vary from state to state...so it is important you seek an attorney to determine how to apply these rules to your company!
The law in this area in the states of Kansas, Missouri, Illinois, Nebraska, and Iowa is familiar to our attorneys...yet our folks will tell you each state's law is very, very different, requiring specific knowledge and information about your circumstances.
Posted by Dave Seitter on February 7, 2008 | Permalink | Comments (2)




