Restraint of competition
While there is a regulatory restraint of competition for board members during current employment, generally, this has not to be the case after termination of the employment. From this point on, board members and managers can also compete with their former employer. Many companies try to avoid this by stipulating post-contractual non-competition clauses for deficiency compensation with their members. The crucial point here is the wording because incorrect drafted and too extensive phrased non-competition clauses are null and void or unduly. Furthermore, there is a possibility to resign from the agreement retroactively and to disengage oneself of the deficiency compensation. The controversial subject here is usually under which circumstances and in which time frame. We verify the legitimacy and the scope of the contractual agreement to inform you about the individual legal consequences and actions. We prevail your claims consistently if necessary, also in a court case.