What is the name of your state?NJ
My question involves labor and employment law for the state of: NJ
I recently received a job offer in NJ. The company has some trade secret technology. It includes a statement similar to the one below:
Your employment with the Company is for an indefinite term and nothing in this letter modifies
your at-will employment relationship with the Company. Further, your employment will also be
subject to the Company’s “Personnel Policies” your entry into a
Confidentiality, Invention Assignment and Non-Competition Agreement in the form separately
provided to you, and Company’s general satisfaction with your work performance. You may
terminate your employment with the company for any reason with a written notice.
Additionally, Company may terminate your employment, for any reason, upon written notice.
I have not seen the Personnel Policies, Confidentiality, Invention Assignment, and Non-Compete. Should I get these in writing before signing this 2 page offer?
1. Is signing the 2-page offer legally binding? For example, if I decide to take another job offer, is the Non-Compete of the 1st job already activated?
2. The Company wants me to sign this document ASAP. Should I not sign the offer until I fully review the Non-Compete?
3. If I review the terms of the Non-Compete, and it doesn't seem reasonable, is it negotiable? For example, location restriction, length of time
4. If the Non-Compete says I can get compensation for work time loss, will this clause stay in place if I am fired, or if the Company gets purchased?
5. What constitutes "working in the same industry"? For example, if the 1st Company is in medical devices (heart treatment), is employment in a 2nd new medical device company (for lung treatment) a breach of the Non-Compete because it is also a medical device company? Are non-competes usually very detailed with regard to this? I have never reviewed a Non-Compete before.
Thanks in advance!
My question involves labor and employment law for the state of: NJ
I recently received a job offer in NJ. The company has some trade secret technology. It includes a statement similar to the one below:
Your employment with the Company is for an indefinite term and nothing in this letter modifies
your at-will employment relationship with the Company. Further, your employment will also be
subject to the Company’s “Personnel Policies” your entry into a
Confidentiality, Invention Assignment and Non-Competition Agreement in the form separately
provided to you, and Company’s general satisfaction with your work performance. You may
terminate your employment with the company for any reason with a written notice.
Additionally, Company may terminate your employment, for any reason, upon written notice.
I have not seen the Personnel Policies, Confidentiality, Invention Assignment, and Non-Compete. Should I get these in writing before signing this 2 page offer?
1. Is signing the 2-page offer legally binding? For example, if I decide to take another job offer, is the Non-Compete of the 1st job already activated?
2. The Company wants me to sign this document ASAP. Should I not sign the offer until I fully review the Non-Compete?
3. If I review the terms of the Non-Compete, and it doesn't seem reasonable, is it negotiable? For example, location restriction, length of time
4. If the Non-Compete says I can get compensation for work time loss, will this clause stay in place if I am fired, or if the Company gets purchased?
5. What constitutes "working in the same industry"? For example, if the 1st Company is in medical devices (heart treatment), is employment in a 2nd new medical device company (for lung treatment) a breach of the Non-Compete because it is also a medical device company? Are non-competes usually very detailed with regard to this? I have never reviewed a Non-Compete before.
Thanks in advance!