I am in Colorado. I have signed a 3 year employment agreement. Nowhere in the contract does it state that I am agreeing to 3 years of employment, only rather the company agrees to hire me for a term of 3 years. There are no outs for me. No buyout etc. However the company put in clauses they can terminate me, without cause, 30 days from my annual anniversary. There is no threat as to what the company will do to me if I resign prior to the term.
In fact the only warning states they can come after me for trade secrets if I work for an equal competitor in the same market within 12 months.
I have heard this company has never lost a lawsuit, but it seems to me that they can not sue me for open ended damages if there is nothing stated in the contract, and I was wondering about the enforceablility of a lopsided contract that gives the employer an annual out without cause, but doesn't implictly give me an out...
However, first sentance, employer agrees to hire the undersigned for a term of 36 months...
Not the undersigned agrees to work for the employer for 36 months...
I am trying to save a few bucks by not going to a local attorney... does anyone care to sound off?

