You are partners in Too Strange To Eat, a bakery in Tampa, Florida that specializes in exotic, expensive pastries. The business has grown quickly in its first 4 years and now sells products to stores and restaurants throughout Florida, Georgia and the Carolinas. Your bakery is well known in these areas for its secrecy regarding the recipe for your famous “Ant” cake. Your customer list is one of your prized possessions, with customers from all over this region, some from word of mouth, others from online. Sandra has applied for a management position and appears to be the perfect candidate. She has 5 years experience as a food wholesaler and a reputation as a superb amateur chef. Sandra would be hired to analyze the market for new products, create new pastries and other foods, and assist in selling new and existing products. Sandra would work with company chefs, salespeople and customers –just about everyone. You and your partners are concerned that if Sandra leaves, she will have confidential information about your business. You are concerned that she may either start her own company with this information or work for a competing business. How would I draft a non-compete clause?
You are partners in Too Strange To Eat, a bakery in Tampa, Florida that specializes in exotic, expensive pastries. The business has grown quickly in its first 4 years and now sells products to stores and restaurants throughout Florida, Georgia and the Carolinas. Your bakery is well known in these areas for its secrecy regarding the recipe for your famous “Ant” cake. Your customer list is one of your prized possessions, with customers from all over this region, some from word of mouth, others from online.
Sandra has applied for a management position and appears to be the perfect candidate. She has 5 years experience as a food wholesaler and a reputation as a superb amateur chef. Sandra would be hired to analyze the market for new products, create new pastries and other foods, and assist in selling new and existing products. Sandra would work with company chefs, salespeople and customers –just about everyone.
You and your partners are concerned that if Sandra leaves, she will have confidential information about your business. You are concerned that she may either start her own company with this information or work for a competing business.
How would I draft a non-compete clause?
Trending now
This is a popular solution!
Step by step
Solved in 3 steps