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Salamiking

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Reply with quote  #1 
I work for a mid size independent. I signed a non compete agreement when it started 9 years ago. Just got an email saying they are requiring us to sign an updated non compete and will receive $100 in consideration. Which makes me wonder if $100 then why not ask for $200, $300,$400, why am I getting anything?

Also feel free to post your story about non competes.

FYI I live in Ohio and there has been some recent turnover.
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Foodman

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Reply with quote  #2 
Non competes. Laws vary by state regarding how restrictive they can be. Typical is for 6 months. Often companies want to expand what is covered, the language if you will. Confidentiality Agreements often go hand in hand. They often cover a very wide range of topics. Would you feel comfortable asking why they are requiring an updated agreement? Would they allow you to have a lawyer review it? Remember - these agreements are typically enforceable even if you were to be terminated. If one day you need/want to join a competitor, if the agreement is too restrictive they may elect to pass. If/when you do sign - make sure you get and keep a copy. Many companies do not offer to give you a copy. Good luck!
 
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MagicChef

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Reply with quote  #3 
Salamiking

I have worked for a corporate for 6 or 7 years and and independent for over 10, and I have not been asked to re-sign a Non-Compete. My more concerning question to you is why are they pushing for a Non-Compete now after 9 years? That in itself seems very strange to me. I have a friend that worked for a place which I will leave unnamed, that was pushing them to sign Non-Competes for two months straight and he kept holding them off. The one they were trying to make him sign was more than what was even a usual duration and very excessive, and less than standard. They sold and purged most of their staff, and they could not go to a competitor. It destroyed some of these staff who signed, some were so screwed. They tried to negotiate with that buddy of mine to have him sign after the sale, for a severance amount.

I understand Non-Completes come with our industry, I would keep my eyes open with regards to the timing of this though.

Hope all is well for u
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brokerexpert

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Reply with quote  #4 
Take it to a lawyer for review, before signing.
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laser

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Reply with quote  #5 
The main question that the courts ruled on when the no competes first appeared was whether the length of time was reasonable. The one year period was ruled as reasonable. The rulings are state by state.  An attorney in the state where you live can probably tell you pretty quickly whether what they are asking you to agree to would hold up legally.
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jcc123

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Reply with quote  #6 
They probably want to get you on arbitration. Many of the non-compete and NDAs force you into arbitration.
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iSELLboxes

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Reply with quote  #7 
USF requires a fresh renewed signature annually. They roll it into a portion of bonus pay on selling exclusive items. You want to get your extra money? You sign both at same time.
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Investigator

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Reply with quote  #8 
Quote:
Originally Posted by iSELLboxes
USF requires a fresh renewed signature annually. They roll it into a portion of bonus pay on selling exclusive items. You want to get your extra money? You sign both at same time.


ISELLboxes have you ever thought of merging with ISELLlettuce to become ISELLLETTUCEin boxes I & II? 
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iSELLboxes

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Reply with quote  #9 
Quote:
Originally Posted by Investigator


ISELLboxes have you ever thought of merging with ISELLlettuce to become ISELLLETTUCEin boxes I & II? 


They don't call you investigator for nothin! You might be on to something... 😂
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outwest

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Reply with quote  #10 
Will the FSA non compete be transferred to USF ? 
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ISellLettuce

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Reply with quote  #11 
Quote:
Originally Posted by Investigator


ISELLboxes have you ever thought of merging with ISELLlettuce to become ISELLLETTUCEin boxes I & II? 


It's currently being reviewed by the FTC.
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