What is the name of your state (only U.S. law)? New Jersey
I am a consultant working through a consulting company. According to the contract, I will have to work for them for at least 1 year, or I will have to pay $10,000 as a compensation. Also, I am not allowed to quit the job for this (1 year) period. However the company can terminate the contract or fire me anytime for any /without any reason; and they are not obliged to to pay me anything.
The contract also states that during this (1 year) period I can't work with any other company other than them. And even after 1 year (2nd year), I am not allowed to work for any other company that were involved directly or indirectly during this first contract. It simply mean, work with them or stay home.
Now my question is, is it legally possible for the company to abide someone in such contract? Also, based on this type of contract, can a consulting company take any legal action against me?
Thank you !!
I am a consultant working through a consulting company. According to the contract, I will have to work for them for at least 1 year, or I will have to pay $10,000 as a compensation. Also, I am not allowed to quit the job for this (1 year) period. However the company can terminate the contract or fire me anytime for any /without any reason; and they are not obliged to to pay me anything.
The contract also states that during this (1 year) period I can't work with any other company other than them. And even after 1 year (2nd year), I am not allowed to work for any other company that were involved directly or indirectly during this first contract. It simply mean, work with them or stay home.
Now my question is, is it legally possible for the company to abide someone in such contract? Also, based on this type of contract, can a consulting company take any legal action against me?
Thank you !!
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