3 ms·
Lawyer but not your lawyer, not legal advice, etc. I'm not sure how enforceable the obligation to keep informed clause can really be, in and of itself. If you
by tldrthelaw 5y ago
Lawyer but not your lawyer, not legal advice, etc.
I'm not sure how enforceable the obligation to keep informed clause can really be, in and of itself. If you launch a competing business and violate the (I assume present) non-compete agreement clauses then sure. What remedies do the contracts provide for the breach? Termination? Can you provide sample language that we can take a look at?
As you suggest in the comments, I reckon this is mostly about keeping the employee contracts uniform. The lawyers don't "want" these clauses any more than you do; or, at the very least, they don't care one way or the other. Someone on the business side pushed it and they just went along.