If my branch closes?

or Register to post new content in the forum

 

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Nov 22, 2008 3:49 am

What if I join a new firm (7 year deal) and they close down my branch in a year. Should I ask for the wording to say in my offer "If firm closes my
office then non-compete is void." I do not want to have to commute 70
miles one way to work.

Nov 22, 2008 5:56 am

Are you asking about a non-compete issue if you decide to bounce? Based on my question regarding a non-compete in the case of a merger or acquisition which you might want to look at, it appears that material changes to a situation make it more difficult to enforce a non-compete. Check out my previous question and Bill's response.

Nov 22, 2008 2:26 pm

Here's the post xbanker was referring too.
http://forums.registeredrep.com/forum_posts.asp?TID=7206&PID=115538#115538