In Part 1 of this two-part series, I examined the temporal, geographic and scope of activity restrictions for Texas physician noncompetition provisions. Texas law provides another unique feature required only in agreements with doctors. Noncompetes with physicians must include a provision that permits the doctor to buy-out of the noncompete for a reasonable amount. The buy-out can be determined at
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Physician Noncompetes: Part 1 Reasonable Limitations On Time And Geographic Scope
By Russell Cawyer on
Posted in Noncompetes and Restrictive Covenants
I’ve written before about the unique requirements that must be included in a noncompetition agreement with a Texas physician. The increasing likelihood that a Texas court will enforce a noncompetition agreement against any departing employee increases the importance that physicians and practice groups take great care in negotiating and drafting agreements with proper limitations as…