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July 2006 - Employee Stock Forfeiture Provisions – A Different Breed of Restrictive Covenant

Topic Description: This article discusses forfeiture-for-competition provisions in employee stock incentive arrangements. The authors posit that they should not be treated as restraints on trade or subjected to a traditional restrictive covenant analysis. Reprinted with Permission of Illinois State Bar Association, Vol. 94, No. 7, July 2006

Authors: James V. Garvey and Frederic T. Knape

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