Novation Agreement Vertalen

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Posted by lapi | Posted in Uncategorized | Posted on 29-09-2021

Results: 7. Precise concordances: 0. Time spent: 147 ms. . Word index: 1-300, 301-600, 601-900, more….

Non Competition Agreement Switzerland

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Posted by lapi | Posted in Uncategorized | Posted on 29-09-2021

“The validity of a non-competition clause for asset managers should be examined on a case-by-case basis.” It should be noted that where an employer indicates in writing that a worker “releases us from all obligations” or similar wording, such a clause may be interpreted as an irrevocable waiver of the right to invoke a non-competition clause, depending on the circumstances. The employee undertakes any competition with the employer in the territory [z.B. of the City of Zurich/Switzerland] [where applicable: in the divisions [List of territories]] for a period of [duration up to a maximum of three years] after the termination of this employment contract within the territory [z.B. the City of Zurich/Switzerland], in particular the exact nature of the content of the non-competition clause is individual and also depends on the objectives of the parties: if the written agreement is to be as binding as possible, a narrow definition with compensation for non-competition should be used. If we want to discourage the worker as much as possible, a broad formulation is perfect, even without compensation for the remuneration of competition. The advantages and disadvantages in this regard should be assessed on a case-by-case basis. The most important type of sanction, which is relevant in practice, is the contractual sanction. Often, employment contracts agree on a contractual penalty in order to guarantee non-competition. If the damage is greater than the contractual penalty, the worker remains liable for this damage if he is guilty of a fault. This newsletter provides an overview of the latest developments in case law in this area, taking into account some recent judgments of the cantonal courts and the Federal Supreme Court. It is important that the parties reach a written agreement (in the employment contract or in a separate document). This means that a signature is required..

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