When many employers hire an employee that will have access to valuable internal information, they ask them to sign a noncompete agreement. Noncompetes (also known as restrictive covenants), offer an excellent means of protecting the financial interests of the business, if done right. However, if the court does not later uphold the noncompete because it is invalid, it does the business no good. As a result, it is important for business owners to have a basic understanding of the law regarding noncompetes in New Jersey in order to avoid this problem.
The online coupon and daily deals company, Groupon, has sued two former sales executives in a breach of contract case and claims the executives will eventually apply confidential information gained from their time at Groupon to their new positions at Google Offers. Google Offers is a similar internet-based daily deals site created by Google.