Section 1402 of the Self-Employment Contribution Act of 1954 provides, in part, as follows: (a) NET EARNINGS FROM SELF-EMPLOYMENT.–The term “net earnings from self-employment” means the gross income derived by an individual from any trade or business carried on by such individual, less the deductions allowed by this subtitle [subtitle A] which are attributable to […]
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EmailTypes of Restrictive Covenants in Employment Contracts
Generally, there are three types of restrictive covenants that are used in employment contracts, namely, noncompete, nonsolicitation and nondisclosure provisions. Nonsolicitation provisions are a restrictive covenant that precludes an employee who has severed employment with the employer whether voluntarily or involuntarily from soliciting the employer’s customers, customers or other employees on behalf of the employee’s […]