Needsomelegal
Junior Member
What is the name of your state?Ontario, Canada
I am currently working for a large corporation and they would like me to move over to a special project for a new business they are looking to expand into. They would like me to sign a non-compete clause for 2 year, in return if I am terminated they pay me severance equal to my salary for 1-2 years. My question is would I be able to quit and work for a competitor who is not directly involved in the new business we are expanding into? The competitor would compete with my old business unit however? I feel I am not really getting much for signing this clause and therefore should not be restricted to moving to a competitor where in my old position I would have been able to as I did not have a non-compete clause in place.
Can anyone provide some advice on this?
Thanks
I am currently working for a large corporation and they would like me to move over to a special project for a new business they are looking to expand into. They would like me to sign a non-compete clause for 2 year, in return if I am terminated they pay me severance equal to my salary for 1-2 years. My question is would I be able to quit and work for a competitor who is not directly involved in the new business we are expanding into? The competitor would compete with my old business unit however? I feel I am not really getting much for signing this clause and therefore should not be restricted to moving to a competitor where in my old position I would have been able to as I did not have a non-compete clause in place.
Can anyone provide some advice on this?
Thanks
