Protecting Business Legitimate Interests with Non-Disclosure, Non-Compete and Non-Solicitation Agreements
ISM UNIVERSITY OF MANAGEMENT AND ECONOMICS GRADUATE STUDIES International Negotiations course
Protecting business legitimate interests with non-disclosure, noncompete and non-solicitation agreements
(Seminar paper)
VILNIUS, 2012
Contents
Introduction ................................................................................................................................3 1. Definition and description of non-disclosure, non-compete and non-solicitation agreements ...4 1.1. Non-disclosure agreements ...............................................................................................4 1.2. Non-compete agreements ..................................................................................................5 1.3. Non-solicitation agreements ..............................................................................................6 2. Interest of an employer – enforceability and drafting effective agreements ..............................7 2.1. Non-disclosure agreements ...............................................................................................7 2.2. Non-compete agreements ..................................................................................................8 2.3. Non-solicitation agreements ..............................................................................................9 3. Interest of an employee – negotiating a better agreement ....................................................... 10 Conclusion ................................................................................................................................ 12 Reference list ............................................................................................................................ 13
Introduction
Rapidly developing economies and global integration have created competitive business environment where economically free and liberal markets enable high mobility of employees, customers and other business
Protecting business legitimate interests with non-disclosure, noncompete and non-solicitation agreements
(Seminar paper)
VILNIUS, 2012
Contents
Introduction ................................................................................................................................3 1. Definition and description of non-disclosure, non-compete and non-solicitation agreements ...4 1.1. Non-disclosure agreements ...............................................................................................4 1.2. Non-compete agreements ..................................................................................................5 1.3. Non-solicitation agreements ..............................................................................................6 2. Interest of an employer – enforceability and drafting effective agreements ..............................7 2.1. Non-disclosure agreements ...............................................................................................7 2.2. Non-compete agreements ..................................................................................................8 2.3. Non-solicitation agreements ..............................................................................................9 3. Interest of an employee – negotiating a better agreement ....................................................... 10 Conclusion ................................................................................................................................ 12 Reference list ............................................................................................................................ 13
Introduction
Rapidly developing economies and global integration have created competitive business environment where economically free and liberal markets enable high mobility of employees, customers and other business