Feeling Competitive: The Reasonableness of Forfeiture-for-Competition Provisions
By EsqSocial Corporation 04/04/25
In 2024, employers rushed to track the twists and turns of the Federal Trade Commission’s (FTC) noncompete ban, which attempted to limit the enforceability of agreements that restrict employees from working for a competitor following employment. Though the FTC’s ban has since fizzled out, the commotion around noncompetes also led to conversations about “forfeiture-for-competition” clauses — a similar, but distinct type of agreement....
By: Troutman Pepper Locke