Do I have to move because of a non-compete
3yrs ago I partnered with an individual and we created a company together. Since then, I've decided to go on my own. Our shareholders agreement contains a non-compete agreement that states that I cannot "...render any services to or solicit any business from any person, firm, client, customer, or corporation (whether in an employer-employee relationship or otherwise) within a 35 mile radius of the corporation with whom or for whom the corporation is doing business.
This non-compete doesn't state any type of business.. am I not allowed to work in my home town?
Answers (1)
negotiate
You need to have all the facts considered by a lawyer in order to get proper advice. Generally speaking though, many covenant not to compete situations can be negotiated. How your situation gets resolved may depend on what arguments you might have that would suggest that the covenant was not valid.
posted by Reagan Weaver | Nov 3, 2003 1:41 PM [EST]
You need to have all the facts considered by a lawyer in order to get proper advice. Generally speaking though, many covenant not to compete situations can be negotiated. How your situation gets resolved may depend on what arguments you might have that would suggest that the covenant was not valid.
posted by Reagan Weaver | Nov 3, 2003 1:41 PM [EST]
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