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  1. #1
    Join Date
    Jul 2015
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    1

    Default Negotiation for Non-Compete Agreement at Termination

    My question involves labor and employment law for the state of: Texas

    I am a director of engineering and a shareholder at our company. I gave my 2 weeks termination notice yesterday. We have no non-competing agreement with my company, neither in our employment agreement and neiither in our "Stock Buy and Sell Agreement".

    My employer expressed that he'd like to negotiate and sign a non-competing agreement before my termination.

    What compensation is reasonable to ask for the following non-compete terms: 6mth, 1yr, 2yr?

    Thanks!

  2. #2
    Join Date
    Sep 2005
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    Behind a Desk
    Posts
    98,846

    Default Re: Negotiation for Non-Compete Agreement at Termination

    That is going to depend upon the full context of your employer's request, and the scope of their proposed agreement, and how the agreement might affect you.

  3. #3
    Join Date
    Mar 2013
    Posts
    18,340

    Default Re: Negotiation for Non-Compete Agreement at Termination

    Quote Quoting ayeaye
    View Post

    What compensation is reasonable to ask for the following non-compete terms: 6mth, 1yr, 2yr?
    Between a dollar and a gazillion dollars.

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