Legal Question in Business Law in Ohio
Corporate law
When you sign an agreement for free stock from your company and part of the agreement has a non compete clause in it, and this agreement was not ratified by the company, can you be held to the non compete clause?
Asked on 7/05/07, 2:45 pm
1 Answer from Attorneys
Frank Rozanc
Frank J. Rozanc, Esq.
Re: Corporate law
Free stock shares are more than adequate legal consideration for a non-compete covenant, assuming that said covenant is reasonable in all other respects.
Answered on 7/05/07, 7:07 pm
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