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  2. Non-compete clause - Wikipedia

    en.wikipedia.org/wiki/Non-compete_clause

    In contract law, a non-compete clause (often NCC), restrictive covenant, or covenant not to compete (CNC), is a clause under which one party (usually an employee) agrees not to enter into or start a similar profession or trade in competition against another party (usually the employer).

  3. Non-compete clauses in the United States - Wikipedia

    en.wikipedia.org/wiki/Non-compete_clauses_in_the...

    Additionally, the law further codified the common law concerning non-compete agreements in that (1) a non-compete covenant must be no greater than is required for the protection of a legitimate business interest of the employer, (2) the non-compete covenant must not impose an undue hardship on the employee, and (3) the non-compete covenant must ...

  4. Blue pencil doctrine - Wikipedia

    en.wikipedia.org/wiki/Blue_pencil_doctrine

    In most jurisdictions, courts routinely "blue pencil" or reform covenants that are deemed not reasonable. The blue pencil doctrine gives courts the authority to strike unreasonable clauses from a non-compete agreement, leaving the rest to be enforced, or actually to modify the agreement to reflect the terms that the parties originally could have and probably should have agreed to. [3]

  5. 'Marriage is a covenant, not a contract' - AOL

    www.aol.com/news/marriage-covenant-not-contract...

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  6. Nordenfelt v Maxim Nordenfelt Guns and Ammunition Co Ltd

    en.wikipedia.org/wiki/Nordenfelt_v_Maxim...

    An unreasonable restraint is severable, and the court enforced the amended agreement that Nordenfelt "for the next 25 years, would not make guns or ammunition anywhere in the world , and would not compete with Maxim in any way" thus permitting him to trade in those very items in direct competition with Maxim, illustrating the limited practical ...

  7. Restraint of trade - Wikipedia

    en.wikipedia.org/wiki/Restraint_of_trade

    A contractual undertaking not to trade is void and unenforceable against the promisor as contrary to the public policy of promoting trade, unless the restraint of trade is reasonable to protect the interest of the purchaser of a business. [2] Restraints of trade can also appear in post-termination restrictive covenants in employment contracts.

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