My question involves employment and labor law for the state of: New York
Hello, I am thinking about leaving my position to work full time for a client. I have not signed any non-competes with my current employer; however, the client has signed an agreement roughly 5 years ago on a contract that renews each year stating:
The real question is (1) if I quit and am no longer an employee is this viable? (2) does it matter if the client did not solicit me but instead I them?During and for one (1) year after the term of this agreement Client will not solicit the employment of, or employ, the Company’s personnel, without the Company’s prior written consent. Should that consent be granted by Company, Client shall pay to Company a fee equal to 50% of the employee’s first year compensation including stock, cash, bonuses, value of stock options and value of all perks including cars and insurance policies.
I need help as I feel I am stuck in a position that treats me terrible. I am starting a family and really feel this could be the best thing for everyone.