Your VP of Business Development quit unexpectedly last week and you just learned that she joined your chief competitor. You are excited about hiring a top-producing salesman with excellent customer contacts, but you learn that he is subject to a nonsolicitation agreement with his former employer. You just received a letter from your competitor threatening suit unless you discharge a software engineer that you recently hired due to an alleged theft of key company data. The SVP of engineering quit two weeks ago, and his entire department has begun a series of serial resignations. What should you do next?
In today's highly mobile economy, protecting your customer relationships, proprietary information and trade secrets from misappropriation by former employees is a critical aspect of business operations. Agreements that restrict post-employment conduct are a vital tool for protecting your company, but only if they are handled properly. Are your organization’s noncompete and other restrictive agreements likely to be enforced? Has your organization taken the necessary steps to maximize the protection that it can expect from its restrictive covenant program? When is the last time your company reviewed its restrictive agreements to ensure that they reflect recent and significant changes in the law?
Hosted by
Mark Whitney, an expert in the field of restrictive covenants and trade secret protection, this seminar will:
examine employer strategies for implementing an effective restrictive covenant program;
review recent legislative reform efforts of Massachusetts and New Hampshire to alter the law governing noncompete agreements;
review recent developments in restrictive covenant law and evaluate how they impact your organization; and
discuss drafting and contract language tips and best practices.
When: October 14, 2015; 8:00 a.m. (registration and networking); Program runs from 9:00 a.m. to 10:30 a.m.
Where: NECC Riverwalk , 360 Merrimack St. Bldg 9, Lawrence, MA ENTRANCE K - 3rd Floor
Sponsored by: Greater Merrimack Valley Human Resource Association