Certain employee agreements may not be governed by Georgia’s new non-compete statute and may no longer be valid, according to a recent ruling from a Federal Appeals Court, For this reason, it is important that you check when you last implemented agreements containing non-competes or other restrictive covenants for your employees. Simply put: The date signed may determine if your agreements are enforceable in Georgia – or not.
- If you had employees sign these agreements between November 3, 2010 and May 11, 2011, the agreements may not be governed by Georgia’s new non-compete statute and may not be valid.
- If you had employees sign these agreements after May 11, 2011, then no new action is necessary. The agreements are governed by the new law, which favors enforcement of non-competes and other restrictive covenants.
Please take a moment to check the dates of your agreements to ensure that they are governed by the new law. It’s a simple measure that will protect you in the long run.
We are here to keep you informed, to protect the competitive edge of your business and to help you avoid unfair competition.
As always, let us know if we can help.