S
sonza
Guest
Iowa law.
Been with my company for seven years. Just received word last week we are "downsizing"; can relocate to Corp office, or take severance. Lots of reasons why can't/don't want to relocate, so am taking severance. Staying at job till 2/1 and then 3 months sev.
Question: I know I signed a non-compete with co seven years ago (a basic one that just says I can't go out and work for a competitor if I leave), and now, to get the severance, they want me to sign one that states I will not go out and work for a competitor, but also wont' work for or solicit any existing clients. So that pretty much would shelve any networking I ever did. I would not be able to go work for a client (and that is a possibility right now), or solicit OTHER clients if that company hired me. How do I get out of this? I have not signed my severance package non compete, and have to on 1/14, so need a pretty quick answer, if you could.
How truly enforceable are these non-competes?
Thanks.
Been with my company for seven years. Just received word last week we are "downsizing"; can relocate to Corp office, or take severance. Lots of reasons why can't/don't want to relocate, so am taking severance. Staying at job till 2/1 and then 3 months sev.
Question: I know I signed a non-compete with co seven years ago (a basic one that just says I can't go out and work for a competitor if I leave), and now, to get the severance, they want me to sign one that states I will not go out and work for a competitor, but also wont' work for or solicit any existing clients. So that pretty much would shelve any networking I ever did. I would not be able to go work for a client (and that is a possibility right now), or solicit OTHER clients if that company hired me. How do I get out of this? I have not signed my severance package non compete, and have to on 1/14, so need a pretty quick answer, if you could.
How truly enforceable are these non-competes?
Thanks.