Tag Archives: contract
Arbitration is a method to resolve disputes outside of court. Often times it is contract-based. Did you know that many times employers make job offers contingent upon signing such agreements? Have you wondered whether an employee is required to sign an arbitration agreement? Do you know the difference between binding and non-binding arbitration? Join Bill and Rick for a discussion about arbitration agreements generally, as well as how they relate to the employer-employee relationship.
Sponsor:
Steve Smith
GrowthSource Coaching
steve@growthsourcecoaching.com
949.951.9163
In order to protect yourself from transactions which occur during the course of your business, every contract you enter into on behalf of your business should be in writing in order to cement the terms of the contract in a form that is less susceptible to dispute. In this show, Bill and Rick discuss how you can be more assured of what you bargained for and therefore make yourself less likely to expose your assets to loss, should a “contrived” dispute arise.
Sponsor:
Rick Reigle
Edward Jones
949.249.8248
30110 Crowne Valley Pkwy
Suite #104
Laguna Hills, CA
In order to uphold a covenant not to compete, a contract for sale of a business may not circumvent California’s deeply rooted public policy favoring open competition. Otherwise, the non-compete agreement is void. In this show, Bill and Rick discuss the requirement that there be a clear indication that in the sales transaction the parties value or consider goodwill as a component of the sales price, as well as the fact that a covenant not to compete be reasonable in terms of time, activity and territory covered. Likewise, the discussion will distinguish the viability of agreements involving the taking of proprietary material, or “trade secrets,” versus a non-compete agreement.
