Hi All,
I have been given one months notice with pay, as per my contract but have been asked to sign a three month covenant (Which I have) that states I cannot work within the same industry until three months and one day have passed.
ACAS thinks that if I did work for a competitor within the three months my previous company would have to show loss of potential earnings to pursue me.
I don't think they would have the appetite for this but it could happen.
My question is - Is there any precedence any one knows of for this sort of situation?
I am starting my own business with similar technology but with a product they are not marketing. Waiting 3 months will drive me mad.
Any thoughts / assistance appreciated.
Tony
I have been given one months notice with pay, as per my contract but have been asked to sign a three month covenant (Which I have) that states I cannot work within the same industry until three months and one day have passed.
ACAS thinks that if I did work for a competitor within the three months my previous company would have to show loss of potential earnings to pursue me.
I don't think they would have the appetite for this but it could happen.
My question is - Is there any precedence any one knows of for this sort of situation?
I am starting my own business with similar technology but with a product they are not marketing. Waiting 3 months will drive me mad.
Any thoughts / assistance appreciated.
Tony
Given 1 months notice with pay if i sign a 3 month no work covenant?
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