In Texas, a 5 to 10 year non-compete agreement related to a sale of business is the norm. n addition to the non-compete restrictions in the sale documents, those sellers who stay employed by the buyer after the sale often sign a second non-compete agreement as part of their employment package, which does not kick in until after their employment with the buyer terminates.
Tag: Texas law on Non-Compete Agreements
What You Should Know About Non-Compete Agreements in Your Industry
According to a recent study,* at least one in four workers have signed a non-compete during their work-life, and at least 12% of the U.S. labor force are