The non competition restriction does not stipulate the compensation at the same time. Is the non competition restriction effective?
The non competition restriction does not stipulate the compensation at the same time. Is the non competition restriction effective? 1. Economic compensation is a necessary provision of competition restriction, and the legal term is "should", that is, "must". Therefore, competition restriction provisions without compensation are invalid. 2. The compensation is agreed by both parties through consultation, and the specific amount is not stipulated by law. If you agree, you should comply with it. If you don't agree, you can not comply with it if it is too small, but you cannot take the compensation. 3. The signing of the annexes to the contract shall have the same legal effect as the contract, but the signing of the annexes must comply with the provisions of the law. Only the name of the annex does not count as the signing and the annex to the contract. 4. An electronic contract can be recognized as a form of contract, but it must have a signature. If there is no signature, the contract will not be recognized as signed. 5. If the content of the contract is changed, it will be regarded as a new contract. If there is no consensus and legal signature, the new contract is signed, so it has no legal effect. Do you understand this explanation?