New Developments >>> revised 2015.March.05
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2014.Dec.11 Noncompetes and Employee Agreements: Throw in a Peppercorn
Due to state and local law vagaries regarding what establishes adequate consideration for contractual commitments, employers should be wary of relying exclusively on continued employment and other non-cash benefits. Cash is generally king -- and better than a peppercorn -- when courts face these issues. This advice came to mind from Law360's report that Pennsylvania's Supreme Court will hear an appeal as to whether continued employment is sufficient to support a noncompete. Oh to have paid . . . continued at Noncompete Litigation - Penn.
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