A non-compete agreement is executed between an employer and an employee. In this agreement, the employee agrees that he will not enter into competition with the employer after or during his employment. This contract prevents employees from entering into markets or competing with the employer.
DURATION
A non-compete agreement is in effect for a certain period after the term of employment. It is essential to plan the dates well in advance. Employers can set a non-compete agreement within a realistic timeline and cannot prevent former employees from achieving success in that particular field.
VALIDITY
There are challenges whether non-compete agreements are legally binding. The legal validity of non-compete agreement varies from case to case and depends on how restrictive the terms and conditions are in the agreement.
CONTENT
Non-compete agreements must be fair and equitable for all parties. They require the following information to be considered:
BENEFIT FOREMPLOYERS
The Employers benefit from non-compete agreements as they keep away a former employee from sharing knowledge, secrets of the company, strategy, client lists and other confidential information to share with the competitor of their company. This strategy benefits the employer to protect their business.
BENEFIT FOR EMPLOYEE
Employees get benefit from non-compete agreements as they receive some value in return for signing the agreement. Also the promotion or raise in return for the signature qualifies something as value.
Why Legato?
Connect with a Legal Expert easily Legato is your one stop destination with everything related to legal. It empowers you with access to a network of verified lawyers providing their services at all costs. Moreover, our dedicated Case Follow-Up Manager will assist and update you with the progress.
Verified lawyer network Our network for 1000+ verified lawyers will not only assist you with your case but update you and advise you with things to do & not to do.
Quick results Once, the legal expert is finalized, you are ready for quick action related to your work. Majority of the lawyers will share a time estimate of what to expect moving forward.
You need to select one of the Lawyers considering your case category and profile of the Lawyers. Once you are sure with the Lawyer, you need to select call option given in the profile page of the Lawyer, in the website as well as in the mobile app. After selecting the call option,the time slot needs to be selected, and payment needs to be made for confirmation of the call consultation. At the selected time our system shall connect you and Lawyer We have half an hour time slots placed for every call consultation and after said time slot selected call shall automatically get disconnected.
Kindly make sure that you keep all information and documents about the matter handy before the time of call so that to avoid any delays.
In an event where you miss the call at the selected time, our system shall dial-in the call again after 5 minutes as a second attempt. In case of failure of the second attempt,the system shall try after another 5 minutes as a third attempt.
After the failure of the third attempt, you need to contact our support team (contact details shared on the website) so that they can talk to respective Lawyer, and reschedule the time of the call.
In such an event you can contact our support team (contact details shared on the website), and they shall be assisting you as quickly as possible in completing your call.
Yes, they are diligently verified. For your ease, we have mentioned their bar council number as well so that their identity can be checked from Indian Bar Council.
Definitely yes. We are using high-end technology and SSL certificates to secure data. In addition to this,we are using AWS secured cloud storage together with 256-bit encryption. Further, we are using Paytm as our payment gateway, which is highly secured as per legal standards.
We are using high-end technology and SSL certificates to secure data. In addition to this,we are using AWS secured cloud storage together with 256-bit encryption.
