October 12, 2017
So You Say I Have a Noncompete
Our popular “Meet the Speaker” series, featuring interviews with speakers at the 25th Annual NASPP Conference, is a great way to get to know our many distinguished speakers and find out a little more about their sessions in advance of the Conference.
For today’s “Meet the Speaker” interview, we feature an interview with Matt Vnuk of Compensation Advisory Partners, who will lead the session “So You Say I Have a Noncompete… What Are You Going to Do About It?” Here is what Matt had to say:
NASPP: Why do NASPP Conference attendees need to know about restrictive covenants?
Matt: Restrictive covenants—noncompetition and nonsolicitation obligations—are often found in equity award agreements, offer letters, employment and separation agreements, and other employment-related documents.
Despite this, restrictive covenants are often not enforceable!
Our panel will explain some common misunderstandings, provide market data and examples, provide select state-by-state comparisons, explain common mistakes, provide practical, actionable tips, and discuss “stories from the field” from different perspectives.
NASPP: What is one action should companies be taking now?
Matt: Understand your purpose for restrictive covenants—desire to enforce versus deterrence value.
NASPP: What is the silver lining to restrictive covenants?
Matt: There are practical, actionable tips that we will be sharing during our panel discussion!
NASPP: What is your favorite tourist attraction in DC?
Matt: My favorite tourist attraction in DC is the Smithsonian Museum of American History.
Don’t miss Matt’s session, “So You Say I Have a Non-Compete… What Are You Going to Do About It?” at the NASPP Conference!
About the NASPP Conference
The 25th Annual NASPP Conference will be held from October 17-20 in Washington, DC. This year’s program features close to 100 sessions on today’s most timely topics in stock and executive compensation; check out the full agenda and register today!