QUESTION
Can I get out of a noncompete agreement do to company losing alot of clients and worried about being jobless?
Asked on Aug 16th, 2012 on Business Law - Arkansas
More details to this question:
I have been offered a job with another company that does the same thing my current company does. They have there own establish clients. My current employer is looking like it is becoming unstable. tThey have been losing alot of clients due to change in management over the past year. We have been given the same noncompete agreement to sign over the past 3 months. I just want out. And I don''t want to have to wait a year to do something I have done for years.
1 ANSWER
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Many employee non-competition agreements are overly broad and unenforceable. It is impossible to know from your inquiry whether this might be the case with you. Many factors enter into this determination, including the nature of your job (which you do not state), the uniqueness of your services (which you do not provide), the nature of any confidential information developed by your employer which you know (which you do not set forth) and, most importantly, the precise terms of the agreement itself (which, likewise, you do not provide). You should take the agreement to an attorney and have him review it.
Answered on Aug 17th, 2012 at 8:31 AM