Just when we thought the Texas Supreme Court cleared things up regarding non-compete agreements, the court issues another decision that muddies the water. In Exxon Mobil Co. v. Drennen, 2014 WL 4782974 (Tex. 2014), the court addressed a non-compete agreement in which the employee would forfeit deferred
stock options
Stock Options not Enough for Non-Compete
By Thomas J. Crane on
Posted in Contracts
You work for an employer. The employer has trade secrets and leads it wants to protect. It asks you to sign a non-compete agreement when you hire on. Most non-compete agreements provide that after you leave your job, you will not compete with your employer for a specified amount of time. Is that non-compete agreement…