My question involves business law in the state of: California
I understand non-compete agreements to be essentially illegal in the state of California. However, a CPA friend of mine told me about something called a 300% Compete Agreement-- essentially a document allowing a departing employee to purchase clients from a company (in my case, a PEO) at 300% of each account's net profit.
I can't seem to find a standard form of this agreement to work from; if someone here could point me in the right direction, or give me some insight on the situation, it would be much appreciated.
Thanks!

