Epic Systems Non Compete Agreement: What You Need to Know
If you`re considering working for or with Epic Systems, the healthcare software company based in Wisconsin, it`s important to understand the company`s strict non-compete agreement. In fact, the agreement is widely considered to be one of the most stringent in the entire tech industry.
What is a non-compete agreement?
A non-compete agreement is a legal contract that prohibits an employee from working for a competitor or starting a similar business within a certain geographic area and timeframe. This type of contract is designed to protect a company`s trade secrets, confidential information, and client relationships.
What does Epic Systems` non-compete agreement entail?
Epic Systems` non-compete agreement lasts for two years and covers all employees, including entry-level staff. The agreement prohibits employees from working for any competitor, regardless of whether the new job is similar to the employee`s previous position at Epic Systems.
Additionally, the agreement prohibits employees from starting a competing business within 50 miles of Epic Systems` headquarters in Verona, Wisconsin. The contract also restricts employees from soliciting Epic Systems` clients or employees for two years after leaving the company.
What are the consequences of violating the non-compete agreement?
If an employee violates the non-compete agreement, Epic Systems can seek legal action, including injunctive relief and damages. The company has a history of aggressively enforcing its non-compete agreement, even against employees who take unrelated jobs with companies that happen to compete with Epic Systems.
In 2014, Epic Systems sued a former employee who took a job as a project manager for a healthcare IT company. Although the job had nothing to do with Epic Systems` business, the company argued that the employee violated the non-compete agreement by working for a competitor.
What should you consider before signing the non-compete agreement?
Before signing the non-compete agreement, consider the potential impact on your career and future job opportunities. The agreement could limit your ability to work in the same industry or geographic location for two years after leaving Epic Systems.
Additionally, consider seeking legal advice before signing the agreement. An experienced attorney can help you understand the terms of the contract and negotiate more favorable terms, if possible.
In conclusion, Epic Systems` non-compete agreement is a significant consideration for anyone considering a job with the company. While the agreement is designed to protect Epic Systems` interests, it could have significant consequences for an employee`s career and future opportunities. Before signing the agreement, carefully consider your options and seek legal advice if necessary.
