noncompetition

noncompetition

(ˌnɒnˌkɒmpɪˈtɪʃən)
adj
(Law) law relating to an agreement in which one party agrees not to compete with another party during a specific time period or in a specific area
References in periodicals archive ?
But Griffen also ruled that a noncompetition deal wouldn't prevent Troy Best from working with his uncle and cousin because Precision Printing does not manufacture boxes, a key element of the noncompete clause, but rather prints on boxes provided by customers.
As the workforce becomes more mobile and the pool of talented workers in certain industries shrinks, many states are placing new restrictions that make enforcement of noncompetition agreements more difficult.
One exception to this rule was that noncompetition agreements entered into by the selling business or its owner(s) were amortizable over the term of the agreement.
Renea Saade, a shareholder at Littler Mendelson, counsels clients in Alaska and the Pacific Northwest on a broad range of employment issues including wage and hour compliance, accommodation and leave requests, enforcement and defense of noncompetition and nonsolicitation agreements, workplace investigations, and discipline and terminations.
However, feedback from private company stakeholders indicated the costs associated with separately identifying and valuing all intangible assets outside of goodwill often may exceed the benefits to be derived, specifically for: (1) customer-related intangible assets that are not capable of being sold or licensed separately from the rest of the business and (2) noncompetition agreements.
Where a plaintiff seeks a preliminary injunction against former employee based upon provisions in an employment agreement addressing confidentiality, customer non-solicitation, and noncompetition, a preliminary injunction is granted with respect to the non-solicitation provision but is denied as to the noncompete provision.
The 11th installment of the Cinema Rehiyon Film Festival-a noncompetition film fest that highlights some of the best works in the provinces-will be held in Dumaguete City, Negros Oriental, from Feb.
And here's some more: 47 competition venues, 36 noncompetition facilities, 9,600 athletes, 2,000 technical officials and 1,500 covering media.
The Premier League are wise (they probably felt they had no choice) to retain Scudamore's services on a consultancy basis or on a 'noncompetition' deal because if I was at the league at this time I would not want to be worrying that a man of his experience, talent, knowledge and contacts would swan off to work for La Liga or the MSL, for example.
Their survey was "completed by more than 11,500 labor force participants from a range of industries and with varied demographics, experiences, earnings, and expectations" (29) and found that "38.1% of employees had signed a noncompete at some point in their lives" (30) and currently, "about 18% of labor force participants are bound by noncompetition agreements." (31) As the Treasury Department's Office of Economic Policy reported, this means that nearly thirty million American workers are currently covered by employment noncompete agreements.
Many jurisdictions have enacted relationship laws prohibiting in-term and/or post-term noncompetition clauses.
She deals with trade secrets, trademarks, copyrights, patents, unfair competition, noncompetition agreements, antitrust clams, alter ego and successor liability claims and other disputes.