Titan Medical Inc (TMDIF)

[elMoose]

Non-compete clauses are not material in Canada in same manner as some states in USA. I believe that some US state have abolished much of the obligations as well.

"Supreme Court of Canada rules ambiguity fatal tonon-competition clause"

"As a general rule, restrictive covenants, such as non-competition clauses, are void because they interfere with an individual’s freedom to trade. However, the law also recognizes that parties have freedom to contract on the terms they choose. In attempting to balance these competing interests, Canadian courts have carved out an exception to the general rule: i.e. if the restrictive covenant is reasonable, in terms of its geographic scope and the period of time for which it is effective, it will be upheld."

https://www.ehlaw.ca/0904-focus0904/


" A few states, such as California, Montana, North Dakota, and Oklahoma, totally ban non-compete agreements for employees, or prohibit all non-compete agreements except in limited circumstances."

https://en.wikipedia.org/wiki/Non-compete_clause