Is Non-Compete agreement from my current employer too broad?
I signed a non-compete agreement when I got hired. Now when I review it, I think it's very strict but could be too broad. Currently when I read it, I feel like it blocks any opportunity which needs my skill sets. I hope to understand more if I need to take other opportunities in the future..
I am willing to pay for consultation for understanding my situation and going through the entire non-compete agreement.
Below are some questions I have in this agreement:
1. "Employee agrees that he will not enter into any agreement with any person or entity to provide services that would place Employee in a position in which his knowledge of Confidential Information and/or trade secrets could influence his actions or otherwise be used for the benefit of such person."
It looks very broad to me because it doesn't say I cannot work for any competitors. Also it doesn't specify any time frame (ex: 1 or 2 years)
2. It says because of the nature of business, this non-compete agreement is not restricted by geographical area, but "to protect Company to the fullest extent possible in all of the cities, counties, states, and countries in which Company does business or has contemplated doing business".
I thought non-compete should have a reasonable geographical area. I am in IT consulting industry.
3. "Employee shall not, during employment, or for two (2) years after the termination of employment, solicit or accept, or attempt to solicit or accept, directly or by assisting others, any work, services, goods, or other business from any Business Contact of Company."
(Business Contact is defined as client, customer, business partner, or investor. But it doesn't mention competitor)
Does it mean I cannot work for any of the business contact or just I cannot start my business and solicit the work from the business contact? Also, it doesn't mention competitor. Some other companies are competitors but never part of my employer's business contact. Do I interpret it right?
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