Non-competes

Employees are often bound by post-contractual obligations, such as non-compete and non-solicitation clauses. These are obligations that arise after the employment agreement has ended. Employees might be forbidden to enter into an employment agreement with undertakings that perform similar activities to their former employer’s activities or to maintain business contacts with former clients. A penalty clause is often stipulated for the breach of these obligations. The wording of these clauses is of the utmost importance, as well as the employer’s explanation of his interests in maintaining the restrictive clauses.