Non Compete Agreements
The senior partners at Sheer & Deer Associates have been asked to create a change of control agreement for a company that fears losing its top executive. They want to safeguard the company with a non-compete agreement. The partners need your help researching non-compete agreements. Mr. Smith has requested that you research whether there are any statutes or case laws about non-compete agreements that should be addressed before drafting the final document. For this assignment, you must submit a report consisting of 1,000-1,500 words in which you discuss the relevant statutes and case laws regarding non-compete agreements. For full credit, you must address the following in your report: •Briefly explain non-compete agreements. •Discuss the requirements and regulations of a non-compete agreement. •Address any applicable statutes regarding non-compete agreements. •Address any case laws relevant regarding change of control agreements. •Discuss any information regarding non-compete agreements that you feel is important in drafting the final document. Part II Deliverable: 10-15 PowerPoint slides with 150-200 words of speaker notes each and 2 short contract samples Mr. Smith has requested that you research contract law and create a presentation that can be used to educate clients and those new to the firm. You should address the following in your presentation: •Explain contract law concisely and simply. •Display an example of a written contract that you have mocked up. It could be a purchase agreement for a home, car, or furniture; a warranty agreement; or a contract for home repairs. Identify the features that make it a valid contract. •Write a short contract in Word to provide a service to someone. You may request monetary reimbursement or something else of equal value from the other party. Make certain that your work satisfies the basic requirements of a contract. For full credit, you must address the following in your slides and short contract: •Explain the basics of contract law. •Explain contract law in a simple and concise manner. •Incorporate the terms offer, acceptance, and consideration. •Include an example of a written contract that you mocked up, and identify the features that make it a valid contract. •Include a short contract to provide a service to someone, and identify the features that make it a valid contract. •Make sure that the examples given satisfy the basic requirements for a contract. •The entire deliverable must consist of 10-15 PowerPoint slides with 150-200 words of speaker notes and 2 short contract samples in Word.