Strategies for Promoting an Effective Board Culture
The ideal board culture encourages full discussion of issues, values different viewpoints and protects confidentiality. To promote and support a strong board culture, boards should: 1. Agree on the role of the board and management to avoid miscommunication with respect to delegated authority and the board’s participation in decision-making. 2. Understand the value and the […]
Customizing Multi-State Non-Compete Agreements
(This is the final of four posts discussing current issues with non-competition agreements that cross state lines. — Keith Sieczkowski) There is no “standard” non-compete agreement that can be used all the time regardless of the states involved. As we recently observed with the Marsh decision in Texas, non-competes are regularly the subject of judicial […]