On April 23, 2024, the Federal Trade Commission released a new rule outlawing the vast majority of noncompete agreements in the United States. This noncompete agreement will help formalize the relationship and provide legal remedies in the event of a breach.This ruling blocks the enforcement of the noncompete rule generally, on a national basis and for all employers, not only the plaintiffs in the case. Under the final Noncompete Rule, the FTC adopts a comprehensive ban on new noncompetes with all workers, including senior executives. Non competes are signed as a condition of employment when being hired, it would make literally no sense to sign one when leaving a company. A noncompetition agreement also known as a noncompete agreement or noncompete clause is a stipulation often found in employee contracts. Litigating claims involving allegations for violations of a covenant not to compete are very complex. This makes the litigation very expensive.