Unlocking the Digital Signature Legitimateness for Non-Solicitation Agreement in Australia

How to eSign a document: digital signature legitimateness for Non-Solicitation Agreement in Australia

this video i want to take a very quick look at restrictive covenants a restrictive covenant in case you don't know arises in the contract of employment and it's also known as a non-compete clause in other words it makes certain provision or provisions for when the employee leaves the job or when the employee employees employment is terminated in other words when the contract of employment comes to an end there may well be a restrictive covenant now if the position was one of a management position middle or uh more senior minds were positioned and it's likely to have a restrictive covenant in it and i often have queries and consultations with employees who have left their job and are now setting up on their own and have set up on their own and have a client or two and are making their way to build a business they're doing the best to try to build a business and the next thing is they come to me and they're asking questions about the restrictive covenant in their employment contract from the previous employer clearly it's too late then to be asking questions about the restrictive covenant in the employment contract because the likelihood is if there's a restrictive covenant in the contract then they're going to be bound by it now it may be for six months it may be for nine months maybe for 12 months and there will be an argument as to the enforceability of that restrictive covenant and that argue argument will center around two issues one the temporal temporal clause in other words the time period that the restrictive covenant is supposed to cover and to the geographical area now leaving a side though any argument about the geographical area and the time period the restrictive covenant is still enforceable and it's too late quite frankly for a small independent self-operating self-employed independent contractor or freelancer to begin to build a business and perhaps have commitments by way of mortgage and family and so on and so forth and then after a month or two to begin to get worried that there's going to be trouble there may well be trouble and ascertaining the situation finding out what the story is before they leave the job is just a smart thing to do because it's going to release and reduce your chances of being very very stressed and it's going to reduce the chances of you starting off half cock on a career or a business a small business that you are certainly flooded with self-doubt about and fear and anxiety and stress because you don't know whether your old employer is going to come after you because now there's former clients that you used to deal with in your old employment contacting you and wanting to engage your services as i say the time to make inquiries about the restrictive covenant in an employment contract is before you leave the job not afterwards hope you find this video useful if you do i would appreciate if you gave us the thumbs up down below thanks a lot