When does a severance payout for a noncompete become extortion
Posted on : 03-24-2009 | By : Legal Information | In : Employee Rights, Non compete agreements, Other Legal Topics, Severance
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Is there a point where an employer, whom releases an employee, ask for a noncompete and release of claims contract for a severance payout become extortion. The contract is very general and amount to be paid is significantly less than the amount of salary earned for the amount of time asked for within the non-compete. The employer puts the employee in a stressful situation when releasing them and at that time pushes the contract on them.
