 WOT: Non-Compete Agreement, what to do?, I'm inclined not to sign it |
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| 914rrr |
 Oct 3 2006, 09:34 PM
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Senior Member  Group: Members Posts: 1,910 Joined: 1-July 03 From: Knoxville, TN Member No.: 874 Region Association: South East States  |
Figures. After only 5 months on the job, the company I work for has been sold as of this afternoon. Ex- employer is asking me to sign a termination agreement.
New employer wants me to sign a non-compete (among other things). I really don't want to, as it is too vague, WAY too broad reaching and there are no geographic limitations (world wide). I didn't sign one with the ex-employer since they didn't ask for one. New employer also has not extended any employment offer what so-ever. I was told the new owner is 'working on it'. Yeah, right. (IMG:style_emoticons/default/dry.gif) Kinda sounds like "...I'll only leave it in for a minute, baby..." (IMG:style_emoticons/default/sheeplove.gif) What would YOU do? |
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| alpha434 |
Nov 30 2006, 12:23 AM
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My member number is no coincidence. Group: Members Posts: 3,154 Joined: 16-December 05 From: Denver, CO Member No.: 5,280 Region Association: Rocky Mountains |
Iyeee!!!
I just started at a new company. Their non-compete agreement is really aggressive. It states that I cannot work for any company in competition with them and then lists in parenthesis named examples. What should I do? I'm only 20 and I'm sorta small fish. But I'm a trained machinist. This is a prototyping shop and I'm afraid that signing an agreement will stop me from working at any other prototyping shop. The easiest way to make more money in this field is to change companies. And getting into these high-end prototype shops is the next step to getting a much higher pay range. Sign it "Elvis Presley" ? I sign my C in "Chris Logan" Like an E. |
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| terrymason |
Nov 30 2006, 09:27 AM
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Member Group: Members Posts: 346 Joined: 23-November 05 From: Virginia Beach Member No.: 5,174 |
QUOTE(alpha434 @ Nov 29 2006, 10:23 PM)  Iyeee!!! I just started at a new company. Their non-compete agreement is really aggressive. It states that I cannot work for any company in competition with them and then lists in parenthesis named examples. What should I do? I'm only 20 and I'm sorta small fish. But I'm a trained machinist. This is a prototyping shop and I'm afraid that signing an agreement will stop me from working at any other prototyping shop. The easiest way to make more money in this field is to change companies. And getting into these high-end prototype shops is the next step to getting a much higher pay range. Sign it "Elvis Presley" ? I sign my C in "Chris Logan" Like an E. How long does it stay in effect? Saying you can leave for a direct competitor doesn't sound too crazy to me. |
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Posts in this topic
914rrr WOT: Non-Compete Agreement, what to do? Oct 3 2006, 09:34 PM
flesburg Ex-employer wants a termination agreement?? sorry,... Oct 3 2006, 09:43 PM
914rrr QUOTE
grantsfo Typically companies provide some sort of monetary ... Oct 4 2006, 06:39 PM 914rrr Well, it finally happened. I told him to :asskiss... Nov 4 2006, 09:25 PM terrymason Way to stick to your guns! I'm sure you... Nov 4 2006, 11:52 PM terrymason |
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