Restrictive covenants in employment agreements can be very useful to companies on the leading edge of technology and business innovation. This document is a general checklist of factors employers should consider with respect to the use of such covenants.
Maine Employee Restrictive Covenants
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How to fill out Employee Restrictive Covenants?
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FAQ
The Maine Family Medical Leave Requirements Act (MFMLRA) requires private employers with 15 or more employees at one location to provide employees with 10 weeks of unpaid family medical leave in a period of 2 years. Employees can use the leave for the following reasons: the employee's own serious health condition.
Restrictive covenants may contain 4 different types of promises: (1) a promise not to compete with one's former employer; (2) a promise not to solicit or accept business from customers of the former employer; (3) a promise not to recruit or hire away employees of the former employer; and (4) the promise not to use or ...
513, §1 (NEW).] B. "Noncompete agreement" means a contract or contract provision that prohibits an employee or prospective employee from working in the same or a similar profession or in a specified geographic area for a certain period of time following termination of employment.
Prohibits or restricts one employer from soliciting or hiring another employer's employees or former employees. 2. Restrictive employment agreements prohibited.
The other types of restrictive covenants found in employment contracts are non-disparagement, non-interference and non-solicitation.
When a party enters into a restrictive covenant, he/she agrees to refrain from doing something or from using a property in a certain way that is restricted by the contract. For example, when purchasing real estate, the buyer may agree to use the property for the designated purpose only and not for other purposes.
Restrictive covenants can generally be found in one of three forms: non-disclosure, non-solicitation, and non-compete clauses. Sometimes their usage is a reasonable attempt to ensure the success of the business.
The most common types of post-employment restrictive covenants include non-competition clauses and restrictions prohibiting the solicitation of customers/ clients and employees, each of which are in effect both during the employment relationship and for defined period thereafter (e.g. six months).
Restrictive covenants may contain 4 different types of promises: (1) a promise not to compete with one's former employer; (2) a promise not to solicit or accept business from customers of the former employer; (3) a promise not to recruit or hire away employees of the former employer; and (4) the promise not to use or ...
Employees accrue 1 hour of Earned Paid Leave for every 40 hours worked, up to 40 hours in a defined year. Employees can use their accrued Earned Paid Leave for any reason such as an emergency, illness, sudden necessity, planned vacation, etc. Employees can use up to 40 hours of leave in any defined year.
