Separation agreement

I worked for a company that was bought by an investment firm. A competitor company is owned by the same investment firm.
When I resigned from the company, they offered me a severance package if I would leave the same day and not fulfill my two week notice. In order to receive the severance I had to sign a separation document basically saying that I would not sue. The agreement states that I will not ever work or seek employment with said company, it's parent's or subsidiaries/affiliates.
Because the companies are owned by the same investment firm, can I not seek employment with the other company?
Also, this investment firm has tons of companies associated with it. That would mean I couldn't work for basically anyone.

0 answers  |  asked Aug 20, 2011 4:59 PM [EST]  |  applies to Georgia

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