[SiliconBeach] Re: Non Competes

2009-11-17 Thread hoops
Unless there is enough cash on offer that after a year in this job you don't have to work again, or if they want to let you go you get a golden handshake large enough that people would have thought you worked on the board of a large company beginning with the letter T, then don't just walk away, ru

[SiliconBeach] Re: Non Competes

2009-11-17 Thread Jeromy Evans
Draconian I agree. Three years not in the same "industry" is ambiguous. I'd say it would need to be very specific for that duration. Here's the other bit that's relevant: Use of Confidential Information After termination of this Agreement you agree not to: (a) retain, disclose or otherwise ma

Re: [SiliconBeach] Re: Non Competes

2009-11-17 Thread Sriram Panyam
that is an interesting one there... but under australian law, contracts which restrict trade or occupation wont hold in court... but how does that apply to "industry"... as software people, they might simply scope it to be within a particular industry.. which i think is just as bad given the salary

[SiliconBeach] Re: Non Competes

2009-11-17 Thread Jeromy Evans
This may help. The examples clauses below are from my own employment contract and relate to a services business, but the soliciting clients and inducing employees are important to all businesses. The geographic restriction may not matter for most businesses here. I'm not a lawyer, but my analysis

Re: [SiliconBeach] Re: Non Competes

2009-11-17 Thread Sriram Panyam
I agree with the IP issue. And true it is very unlikely the place is going to try and probe you every month to see where you are working and to see whether you are breaking any contracts. But if someone is puttig in a 3 year limit, I was wondering what they were trying to signal? Just wanted to

[SiliconBeach] Re: Non Competes

2009-11-17 Thread Tim Bull
I had one of these with my previous employer and I'd been told that it's largely all bluff. The ACCC looks very dimly on restraint of trade. Your bigger issue is IP (reasonable for them to say that you can't take code etc. and use it at a new company), but personally I doubt anyone can prevent yo