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IDontWorkForRR
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Salary, commission, benefits, and some payment to further my education.
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What consideration did they provide for that covanent?
Hi folks,
I received a job offer from a local company that offers personal insurance as one of it's many product offerings to manage their insurance sales team. To date, I've been a producer with an independent agency.
I was reviewing my non-compete today in advance of accepting the offer and came across a forgotten clause: "IDontWorkForRR covenants and agrees that for a period of two years following the termination of his employment with Company, howsoever caused, he will not, directly or indirectly, receive any benefits as an owner of any agency or brokerage business on his own behalf or as an employee, associate, shareholder, or partner of another, engage in the insurance agency or brokerage business (including that of insurance adviser, consultant, or risk manager), within [County and Surrounding Counties]."
Does this sort of thing hold water? Does this mean I can't accept a job as a sales manager supporting the insurance division of another company? Any thoughts on this?
It might not hold up once we get to court, but is this sort of switch the sort of thing they would be able to bring me to court over in the first place?
Two lawyers in my state (Pennsylvania) say similar noncompetes have been upheld by courts in recent months. Sounds like I'm stuck with it.
Two lawyers in my state (Pennsylvania) say similar noncompetes have been upheld by courts in recent months. Sounds like I'm stuck with it.
I would move to a better state.