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Texas Employers Should Add Assignability Clauses To Restrictive Covenants - Vimarsana News

Texas Employers Should Add Assignability Clauses To Restrictive Covenants

Published: February 22, 2023

In Intertek, Texas court held company Vice President’s non-compete was unenforceable by purchaser-entity because underlying employment agreement lacked assignment clause. Assignability clauses are frequently buried in the miscellaneous section of agreements.

Source: natlawreview.com
Related Topics:
United StatesTyler MarTexas Twelfth CourtTyler CourtIntertek Asset IntegrityTwelfth CourtVice PresidentIntertek Asset Integrity ManagementAsset IntegrityRestrictive CovenantsAssignability ClausesEmployment AgreementsMployment Contracts And The LawHat To Include In An Employment Contract
Missed Assignments: The Importance of Assignability Clauses in Restrictive Covenant Agreements | Sheppard Mullin Richter & Hampton LLP - Vimarsana News

Missed Assignments: The Importance of Assignability Clauses in Restrictive Covenant Agreements | Sheppard Mullin Richter & Hampton LLP

Published: February 22, 2023

Imagine paying millions to acquire a company only to later discover the restrictive covenants in the employment agreements of high-level executives were unenforceable. That’s precisely...

Source: jdsupra.com
Related Topics:
United StatesTyler MarTexas Twelfth CourtTyler CourtSheppard Mullin Richter HamptonSheppard Mullin RichterIntertek Asset IntegrityTwelfth CourtVice PresidentIntertek Asset Integrity ManagementAsset Integrity