A non-compete provision in an employment contract prohibits an employee from working at another company that competes with the employee’s current or former employer. The non-compete provision could also prohibit an employee from directly competing with the former employer by starting a competing company. You usually see these with …
Category: Contract
Are Arbitration Provisions in a Contract Enforceable?
Arbitration is a form of alternative dispute resolution. It is a way to resolve disputes outside of judiciary courts. Each party presents their side of the dispute, and an arbitrator will decide on the issue (like a judge does). Two of the main benefits of arbitration are speed and …