teaching a trade for money

[Starlalynn]

I want to teach my artist trade to someone for a set amount of money but do not want to give away my trade secrets so I want them to sign a contract saying that they have to buy most of the needed supplies from me. I buy the supplies at a source unknown to them. Can I sell the product for a profit and send it across state lines?Can I make a stipulation that the buyer form no competition to other buyers and not teach the trade to others except for employees?

 

[JETX]

You can make any legally binding contract that you want and that they will sign. However, you might run into a 'constraint of trade' issue if the 'student' finds out about the source on his/her own efforts. Rather than a 'lockout' you might consider a clause whereby the 'student' agrees to pay you a 'royalty' for a specific period of time if he/she doesn't purchase the raw product through you.


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Steve Halket
Judgment Recovery of Houston
[email protected]
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This is my PERSONAL OPINION and is not legal advice! Consult your local attorney for your specific situation and laws!