Throughout the course of your working life, you will probably be asked to sign a wide range of contracts and agreements. Some may have little relevance. Others may be extremely important. Five types that are particularly significant are Non-Compete Agreements, Non-Solicitation Agreements, Severance Package Agreements, Employee Benefits, and Stock Option Agreements. We will work to help ensure that the document you are signing is fair. If you have already signed and are engaged in a dispute surrounding one of these agreements, we will stand by your side.
We’ve been serving employees in Toledo and throughout Ohio, West Virginia, and Indiana for over five combined decades. Our vast experience allows us to quickly explain how an agreement might affect you. And we’ll be straight with you, right from the start about your case, if you have one, and the process for getting the resolution you deserve.
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Read below to learn more about various employment agreements:
Essentially, a non-compete agreement is a document that an employee is asked to sign indicating a promise not to compete with, or join another business that competes with, his or her current business. These typically define a certain amount of time and a certain geographic area a person is unable to work in once their employment is terminated. They have the potential of restricting a person from working in his or her chosen career for a significant amount of time. If you have been requested to sign such an agreement, we encourage you to speak with one of our experienced lawyers. We will examine the document, explain it to you and help you determine if it meets your needs. We’ll provide sound counsel so you have an action plan moving forward.
If you have been accused of breaking a non-compete agreement, we understand what it takes to help you protect your career. And we know that time is of the essence. So, please, call us right away.
Essentially, a non-solicitation agreement is a document that an employee is asked to sign indicating he will not solicit current employees or customers to move with him to another employer. These typically define a certain amount of time and a certain geographic area a person is unable to work in once their employment is terminated. If you have been requested to sign such an agreement, we encourage you to speak with one of our experienced lawyers. We will examine the document, explain it to you and help you determine if it meets your needs. We’ll provide sound counsel so you have an action plan moving forward.
Severance Package Agreements
We are constantly updated on all of the latest rules and regulations that apply to severance package agreements. Our team is able to help you decipher what is included in your agreement, as well as what is not, but should be. In addition, we have the training and experience to stand by your side and, through skillful negotiation, work to get you the most out of your severance agreement.
Employee Benefits are non-wage forms of compensation provided in addition to basic payments, such as:
- Health Plans
- Retirement Plans
- Insurance Plans
- Bonuses or Incentive Pay
If you believe you have been denied an employee benefit you are entitled to, call us so we can advise you of your rights. If your employer is illegally denying you employee benefits, we can get your denied employee benefit and get you compensation for monies you had to pay because your employer failed to provide you the employee benefits you are entitled to receive.
Stock Option Agreements
We assist employees in understanding the terms of their stock grants and will help negotiate agreements containing the terms of these grants. Employees should be aware of the terms of their awards and the plans that govern these awards.
Most stock grants are governed by a stock plan or an agreement describing the terms of the award. Vesting of the award can change especially on certain triggering events, such as an initial public offering, an employee retires or dies, or an employee is terminated without just cause
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Equal Pay Act
If you are not being paid fairly at your job, the law is on your side. Contact us today!Equal Pay Act