PilieroMazza Legal Advisor - Third Quarter 2014

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In this issue:

- Avoiding Pitfalls with Restrictive Covenants in Employment Contracts

- What Is Enough Consideration of Small Business Interests? – GAO Denies Protests Against GSA Consolidation of Small Business Contracts

- SBA Proposes New Regulations Which Permit Advisory Small Business Size Decisions

- Excerpt from Avoiding Pitfalls with Restrictive Covenants in Employment Contracts:

A restrictive covenant is an agreement between an employer and an employee that imposes professional restrictions on the employee after the employment relationship ends. Restrictive covenants take various forms, but commonly involve restrictions on the type of business the former employee may engage in (non-competition agreements), restrictions on contacts with the company’s customers or employees (non-solicitation agreements) or restrictions on the use of information obtained during the course of employment (confidentiality or non-disclosure agreements)

Please see full newsletter below for more information.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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