Colorado Springs Colorado Certification Training and Reimbursement Policy for Employees with Covenant not to Compete

State:
Multi-State
City:
Colorado Springs
Control #:
US-00452BG
Format:
Word; 
Rich Text
Instant download

Description

This form offers financial assistance to employees for training expenses under certain circumstances. Courses must be approved by employer. Also, the courses must be, in employer's opinion, directly or reasonably related to certification in the employee's field.

This form also provides for a covenant not to compete. Restrictions to prevent competition by a former employee are held valid when they are reasonable and necessary to protect the interests of the employer. For example, a provision in an employment contract which prohibited an employee for two years from calling on any customer of the employer called on by the employee during the last six months of employment would generally be valid.

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Colorado Springs Colorado Certification Training and Reimbursement Policy for Employees with Covenant not to Compete