CALIFORNIA FAMILY LAW
...Business Interests
......Valuation Issues
.........Factors to Consider/Elements
............Covenant Not to Compete
4 Cards On This Topic:

Hypothetical probability H would have to sign long-term employment contract if company sold not a valuation factor court required to apply to achieve equal division of existing c/p.

Actual covenant not to compete properly considered when evaluating c/p's interest in sales proceeds of business.

Improper to consider hypothetical covenant not to compete in valuation of business if immediate sale not expected.

Court may do valuation based upon seller's giving covenant not to compete.