I am willing to pay for a consultation if there is hope.
I signed a very binding non compete agreement prior to employment. The agreement was between myself and the company. The company was sold two years ago and I was terminated two weeks ago. The reason given to me was according to the owner, I was burnt out and that he thought he and I were heading in different directions regarding the company. He did tell me that he was going to enforce the non compete when asked. I have been in this industry for over 15 years. Is there anything that I can do?
1 answer | asked Jul 9, 2004 05:24 AM [EST] | applies to North Carolina
Answers (1)
covenant not to compete
I don't know what you mean by "very binding". Does that mean an attorney told you that it was binding or does it mean that the owner told you he will enforce it? There are several questions that determine enforceability, including whether there was consideration given by you when you signed the agreement and whether the terms are reasonable in terms of the territory you are restricted from competing in and the length of time you are restricted. You may call us at 919.828.0363 to discuss further.
posted by Reagan Weaver | Jul 9, 2004 08:32 AM [EST]
I don't know what you mean by "very binding". Does that mean an attorney told you that it was binding or does it mean that the owner told you he will enforce it? There are several questions that determine enforceability, including whether there was consideration given by you when you signed the agreement and whether the terms are reasonable in terms of the territory you are restricted from competing in and the length of time you are restricted. You may call us at 919.828.0363 to discuss further.
posted by Reagan Weaver | Jul 9, 2004 08:32 AM [EST]
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