The Alaska non-compete agreement is a form drawn up to contractually bind an employee to the terms set therein. It states that the individual will not be able to compete with the employer for a pre-determined period of time following employment. Competition can include working for another company in the same field (within a set geographical radius) or starting their own company using the expertise gained while working under the employer. This contract also prevents the solicitation of clients, customers, and employees, effectively preventing the signatory from persuading the employer’s personal and business relationships from cutting ties with the business.
Laws – No statute. But there have been Alaskan court cases that have stated the following:
Non-Compete Limit (see below)
- Geographical Limitations – None. (Metcalfe Invs., Inc. v. Garrison, 919 P.2d 1356, 1361 (Alaska 1996))
- Limits – 2 years was deemed valid by the courts in Alaska, 5 years was invalid.
- 2 years is valid court case (Wirum & Cash, Architects v. Cash, 837 P.2d 692, 710-11 (Alaska 1992))
- 5 years is invalid court case (Data Mgmt. v. Greene, 757 F.2d 62, 3 IER Cases 796 (Alaska 1988))
Non-Solicitation – No laws.