gbga123
11-27-2007, 12:02 PM
Upon termination I received a severance agreement for 4 weeks pay which precludes me from bringing any future claims against my former employer. I'm guessing the language is standard but am concerned that because the company is currently engaged in a federal lawsuit I could be subpoenaed and 4 weeks pay most likely not cover the cost of this. I feel the chances of being subpoenaed are slim (I'm not an executive and am not named in the suit). I have not signed my severance agreement yet and was wondering what my best option is: not sign it so I can still try to re-coup costs if I am subpoenaed, try to negotiate for a higher payment or simply sign it.
A second question regarding the enforceability of non-compete agreements. The language of my non-compete with the now former company states that I cannot accept employment from a company that directly or indirectly competes with my former employer for a period of 2 yrs. Is this standard language and enforceable? 'Indirect competitors' seems quite restrictive.
Feedback on either of these issues is greatly appreciated and I'm willing to provide any additional information for clarification if necessary. Thank you.
A second question regarding the enforceability of non-compete agreements. The language of my non-compete with the now former company states that I cannot accept employment from a company that directly or indirectly competes with my former employer for a period of 2 yrs. Is this standard language and enforceable? 'Indirect competitors' seems quite restrictive.
Feedback on either of these issues is greatly appreciated and I'm willing to provide any additional information for clarification if necessary. Thank you.
