Do you have to sign a non compete after you have been employed with out one signed for 20 years?
My employer is giving me 3 days to sign a non-compete contract. I have been employed with this company for over 20 years. I knew they had these agreements but other employees who signed them were compensated for it. Do they have to compensate you for agreement? Can they terminate me if I don't sign the agreement? Why would they now after 20 years want me to sign this agreement?
1 answer | asked Sep 9, 2010 2:08 PM [EST] | applies to Ohio
Answers (1)
A few years ago the Ohio Supreme Court found that an employer can request a non-compete with only the promise of continued employment. There is no amount of compensation that is required. In the final part of your question can they terminate you if you do not sign. The simple answer is yes. Should they after 20 years probably not. The reason for the non-compete probably has to do with advice from the attorneys reviewing their agreements probably after someone left and began to compete.
posted by Bruce Elfvin | Sep 10, 2010 07:04 AM [EST]
posted by Bruce Elfvin | Sep 10, 2010 07:04 AM [EST]
Answer This Question
Sign In to Answer this Question
Related Questions with Answers