(Download) "Safety Equipment Sales & Service Inc. v. Williams" by Court of Appeals of North Carolina No. 745DC302 ~ eBook PDF Kindle ePub Free
eBook details
- Title: Safety Equipment Sales & Service Inc. v. Williams
- Author : Court of Appeals of North Carolina No. 745DC302
- Release Date : January 17, 1974
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 66 KB
Description
The defendants maintain that the restrictive covenants in their respective contracts are invalid and unenforceable and, therefore, that the trial court erred in continuing the restraining order against them. A covenant in an employment contract providing that the employee will not engage in competition with his former employer upon termination of his employment, although unfavored in the law, will be held valid if the following criteria are satisfied: (1) the contract is in writing; (2) the parties entered into the contract at the time of and as a part of the employment contract; (3) the contract is founded upon valuable considerations; (4) it is reasonable both as to time and territory; (5) the contract is fair to both the employer and employee and not against public policy. Asheville Associates v. Miller and Asheville Associates v. Berman, 255 N.C. 400, 121 S.E.2d 593 (1961); Industries, Inc. v. Blair, 10 N.C. App. 323, 178 S.E.2d 781 (1971).
 "Safety Equipment Sales & Service Inc. v. Williams" by Court of Appeals of North Carolina No. 745DC302 ~ eBook PDF Kindle ePub Free){kind=link}