During the course of negotiating a purchase and sale contract for a business, Non-Compete Covenants need to be addressed.  Just for reference,  Non-Compete Covenants are also referred to as Covenants Not To Compete. Let’s get down to it.  What is a Non-Compete Covenant? In the case of the sale of a business, it is contractual covenant that dictates that the selling party will not compete against the buying party by opening or partnering in a competitive business.  … Read entire article »