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Non-Compete Agreements › Executive Compensation

Non-Compete Agreements are contracts, typically formed in employment or business purchase contexts, where one party agrees to refrain from engaging in a particular line of work or pursuing business within a... more +
Non-Compete Agreements are contracts, typically formed in employment or business purchase contexts, where one party agrees to refrain from engaging in a particular line of work or pursuing business within a certain industry or locale. The purpose of these agreements is to protect employers or business purchasers from competition stemming from former employees or former owners of a business. less -
Ogletree, Deakins, Nash, Smoak & Stewart,...

Potential Impact of the FTC’s Noncompete Ban on Employee Benefits and Executive Compensation

Ogletree, Deakins, Nash, Smoak & Stewart,... on

The Federal Trade Commission’s (FTC) ban on noncompetition covenants (“noncompetes”) could significantly impact the design and administration of employee benefits and executive compensation arrangements....more

Gould + Ratner LLP

The FTC vs. Noncompete Agreements: Ban on Noncompete Agreement Hits a Roadblock

Gould + Ratner LLP on

The Federal Trade Commission (FTC) issued a much-debated “Final Rule” earlier this year that banned most noncompete agreement nationwide. In support of its position, the FTC declared that such agreements are an “unfair method...more

Kerr Russell

Prohibition on Non-Compete Clauses Applies to Equity-Based and Compensation-Based Agreements

Kerr Russell on

In April, the Federal Trade Commission released its final rule banning most non-compete clauses between companies and their employees and independent contractors. Unless the rule is enjoined by a court, it will take effect...more

Skadden, Arps, Slate, Meagher & Flom LLP

FAQs About the FTC’s Broad New Ban on Noncompetes

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When the Federal Trade Commission (FTC) issued its long-awaited final rule banning virtually all noncompete clauses between workers and employers, it also published 500-plus pages of commentary....more

Verrill

Section 457(f) Plans and Noncompete Clauses: What the IRS Gave, the FTC May Take Away

Verrill on

When the IRS published proposed regulations harmonizing key provisions of Code Sections 409A and 457(f) in 2016, executive compensation lawyers and consultants rejoiced. It was not just that a long wait was over (roughly nine...more

King & Spalding

Effect of New FTC Rule Banning Post-Employment Non-Compete Agreements on Executive Compensation Arrangement

King & Spalding on

On April 23, 2024, the Federal Trade Commission issued its final rule imposing a nationwide ban on employers using post-employment non-competes with current and former workers. Other than narrow exceptions for (1) existing...more

Morgan Lewis - ML Benefits

Executive Compensation and Employee Benefits Fallout After Sweeping FTC Ban on Noncompetes: Part 3—Impact on Mergers and...

Morgan Lewis - ML Benefits on

This is the third part of a multi-part blog post series discussing the implications and fallout from the Final Rule recently adopted by the Federal Trade Commission (FTC), banning the enforcement of almost all noncompete...more

Lowenstein Sandler LLP

BREAKING: Federal Trade Commission Imposes Broad Non-Compete Ban and U.S. Department of Labor Increases Overtime Salary Threshold

Lowenstein Sandler LLP on

April 23, 2024, has been a very busy day on the employment front, with significant, far-reaching moves at the federal level. Non-Compete Ban- First, in a watershed vote during an open commission meeting today, the...more

Skadden, Arps, Slate, Meagher & Flom LLP

2024 Compensation Committee Handbook

Skadden, Arps, Slate, Meagher & Flom LLP on

Overview of Committee Member Responsibilities - Compensation committee (Committee) members’ duties and responsibilities generally are outlined in the Committee’s organizational charter approved by the board of directors...more

Lowenstein Sandler LLP

New Year Employment Law Developments: Key Changes for New York Employers

Lowenstein Sandler LLP on

Ringing in the new year means a host of new employment laws that are now effective and on the horizon for New York employers. With the state very busy at year-end, employers should take note of new laws impacting the...more

Troutman Pepper

Navigating Noncompetes: A Comprehensive Guide – Part 1 – Hiring to Firing Podcast

Troutman Pepper on

In the first episode of this two-part series, our Labor + Employment and Employee Benefits + Executive Compensation practices join forces and provide a comprehensive overview of noncompete agreements. Troutman Pepper Partners...more

Lowenstein Sandler LLP

WFH: How to Set Expectations for a Remote Workforce and Comply with Disparate State Employment Laws

Lowenstein Sandler LLP on

Today on Just Compensation, Megan Monson, Julie Levinson Werner, Taryn E. Cannataro, and Amy C. Schwind discuss some of the issues an employer must consider as the workforce becomes increasingly remote. They recommend that...more

Lowenstein Sandler LLP

The Trend Towards Limiting Employment Related Non-Competes, and Alternate Strategies for Employers

Lowenstein Sandler LLP on

Megan Monson, Amy Komoroski Wiwi, and Jessica I. Kriegsfeld talk about recent developments and trends in the law relating to employment-related non-competition agreements, including a proposed federal rule that could...more

Skadden, Arps, Slate, Meagher & Flom LLP

Are UK-Listed Companies Paying the Price for Executive Talent?

Skadden, Arps, Slate, Meagher & Flom LLP on

A key factor in recent discussions on revitalising London’s place as a capital markets and financial services hub has been a renewed attention on executive compensation. Recent comments made by Julia Hoggett, the CEO of the...more

Groom Law Group, Chartered

With Proposed Non-Compete Ban, the FTC Joins the Executive Compensation Regulatory Landscape

Groom Law Group, Chartered on

Employers are accustomed to following rules related to executive compensation from the DOL, IRS, and SEC.  It may be time to add a new acronym to the list – the Federal Trade Commission (“FTC”)....more

Morgan Lewis - ML Benefits

FTC’s Proposed Ban on Noncompete Clauses May Have Far-Reaching Implications for Executive Compensation

Morgan Lewis - ML Benefits on

The Federal Trade Commission (FTC) announced a notice of proposed rulemaking on January 5, 2023, that would ban employers from entering into or maintaining noncompete clauses with their workers. The proposal was issued in...more

Blake, Cassels & Graydon LLP

Opérations transfrontalières de capital-investissement : enjeux en matière de rémunération des hauts dirigeants et d’emploi

Blake, Cassels & Graydon LLP on

Dans le contexte des opérations transfrontalières de capital-investissement, de nombreux enjeux propres au Canada se posent quant à la rémunération des hauts dirigeants et à l’emploi. Plusieurs de ces enjeux sont liés au...more

Blake, Cassels & Graydon LLP

Executive Compensation and Employment Considerations in Cross-Border Private Equity Deals

Blake, Cassels & Graydon LLP on

There are many Canadian-specific executive compensation and employment issues that arise in the context of cross-border private equity transactions. Several of these issues relate to the treatment of management’s existing and...more

PilieroMazza PLLC

Revisiting Executive Compensation and Employee Incentive Plans

PilieroMazza PLLC on

COVID-19 has left many companies to balance competing responsibilities. While the primary focus is on taking care of employees and ensuring business continuity, new challenges are arising in appropriately managing executive...more

PilieroMazza PLLC

[Webinar] Revisiting Executive Compensation and Employee Incentive Plans - October 20th, 2:00 pm - 3:00 pm ET

PilieroMazza PLLC on

COVID-19 has left many companies to balance competing responsibilities. While the primary focus is on taking care of employees and ensuring business continuity, new challenges are arising in appropriately managing executive...more

Verrill

Executive Decisions – Putting in Place Effective Employment Agreements for Company Executives

Verrill on

During this webinar, attorneys Doug Currier and Scott Connolly discussed best practices for putting in place effective executive employment agreements, including inbound agreements and separation agreements. Topics discussed...more

Hogan Lovells

Employment News - April 2017 #3

Hogan Lovells on

Taking the long view – potential nine month restriction for broker upheld - In Tradition Financial Services Ltd v Gamberoni the High Court has upheld six month non-compete and non-solicitation covenants, despite...more

Littler

2017 Labor & Employment Laws: New Year, New Government, New Challenges

Littler on

On January 1, 2017, employers across the nation will face a host of new or amended federal, state, and/or local labor and employment requirements. At the same time, there is uncertainty as to how the Trump Administration and...more

Littler

Texas Supreme Court Rules for Exxon: A New Day for Noncompete-Triggered Forfeitures in Texas?

Littler on

On August 29, 2014, the Texas Supreme Court in Exxon Mobil Corp. v. Drennen upheld a noncompete-triggered forfeiture provision in an executive compensation plan that applied New York law. This is a landmark decision in a...more

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