Legal Opinion
N.I.S. Corporation v. Paul Swindle, James Hovater, Richard Jordan, Western Reserve Life Assurance Company
Court of Appeals for the Eighth Circuit
Decided January 12, 1984No. 83-1169PublishedCited by 36 opinions
1Opinion of the Court
LAY, Chief Judge.
Paul Swindle, James Hovater, and Richard Jordan were employed by Ozark National Life Insurance Company (Ozark) as insurance agents. In the spring of 1981 N.I.S. was incorporated for the purpose of acquiring all of the stock of Ozark. In connection with the sale of stock, Swindle, Hovater, and Jordan signed new employment contracts with N.I.S. The contracts contained restrictive covenants prohibiting competition within certain areas for a specified time period following the termination of the employment relationship. The contracts also contained a paragraph in which the…
2Cases cited5 opinions
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- Orchard Container Corp. v. OrchardMissouri Court of Appeals · 1980
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