R
roberto
Guest
Hi!
My noncompete agreement states the following:
"The employee further agrees to and covenants that for a period of two years after termination of employment, whether such termination is VOLUNTARY OR "FOR CAUSE" [my caps], that the employee will not serve in any management capacity for any company .... etc."
The question is:
What if my employer decides to down size, wants to reduce my salary to cut back expenses or simply decides that he has no further use for me because my performance is not up to expectation? Does the agreement still bind me under those circumstances where my termination is therefore neither "voluntary" nor "for cause"?
[Edited by roberto on 02-19-2001 at 01:38 PM]
My noncompete agreement states the following:
"The employee further agrees to and covenants that for a period of two years after termination of employment, whether such termination is VOLUNTARY OR "FOR CAUSE" [my caps], that the employee will not serve in any management capacity for any company .... etc."
The question is:
What if my employer decides to down size, wants to reduce my salary to cut back expenses or simply decides that he has no further use for me because my performance is not up to expectation? Does the agreement still bind me under those circumstances where my termination is therefore neither "voluntary" nor "for cause"?
[Edited by roberto on 02-19-2001 at 01:38 PM]