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Restrictive Covenants in Employment Contracts and Business Sale Agreements Prepared for: Legal Education Society of Alberta Contract Review and Clause NegotiationPresented by: Rhonda M. Elder Warren
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How to fill out restrictive covenants in employment

How to fill out restrictive covenants in employment
01
Read the employment contract carefully to understand if there are any restrictive covenants mentioned.
02
Identify the specific provisions related to restrictive covenants, such as non-competition, non-solicitation, or confidentiality clauses.
03
Ensure you understand the scope and limitations of each restrictive covenant mentioned.
04
If you have any questions or doubts, seek legal advice from an employment lawyer.
05
Fill out the restrictive covenants section of the employment contract accurately and honestly.
06
If there are specific requirements or conditions mentioned, make sure to fulfill them.
07
Review the filled-out restrictive covenants section with your employer or HR representative to ensure mutual understanding.
08
Sign and date the employment contract, acknowledging your agreement to abide by the restrictive covenants.
09
Retain a copy of the fully executed employment contract for future reference.
Who needs restrictive covenants in employment?
01
Employers often include restrictive covenants in employment contracts to protect their business interests.
02
Executives or employees with access to sensitive information or trade secrets may be required to sign restrictive covenants.
03
Companies in highly competitive industries may require restrictive covenants to prevent their employees from joining rival companies.
04
Employers who invest significant time and resources in training their employees may implement restrictive covenants to prevent them from leaving and taking that training to competitors.
05
Start-up companies or businesses in the development phase may use restrictive covenants to safeguard their intellectual property and prevent poaching.
06
Any employer who wants to maintain confidentiality regarding their business practices, client lists, or strategic plans may consider incorporating restrictive covenants.
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What is restrictive covenants in employment?
Restrictive covenants in employment are clauses in a contract that restrict the activities of an employee after they leave the company, such as non-compete agreements or confidentiality agreements.
Who is required to file restrictive covenants in employment?
Employers are typically the ones required to include restrictive covenants in employee contracts.
How to fill out restrictive covenants in employment?
Restrictive covenants in employment can be filled out by legal professionals or HR departments, ensuring the clauses are clear and enforceable.
What is the purpose of restrictive covenants in employment?
The purpose of restrictive covenants in employment is to protect the interests of the employer, such as safeguarding trade secrets or preventing former employees from competing unfairly.
What information must be reported on restrictive covenants in employment?
Information such as the specific restrictions outlined in the covenant, the duration of the restrictions, and any penalties for breaching the covenant must be included.
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