- Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
- Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!
Reply to: restrictive covenants
Collapse
You are not logged in or you do not have permission to access this page. This could be due to one of several reasons:
- You are not logged in. If you are already registered, fill in the form below to log in, or follow the "Sign Up" link to register a new account.
- You may not have sufficient privileges to access this page. Are you trying to edit someone else's post, access administrative features or some other privileged system?
- If you are trying to post, the administrator may have disabled your account, or it may be awaiting activation.
Logging in...
Previously on "restrictive covenants"
Collapse
-
I would think in sales they take these clauses very seriously. You would also expect that if someone else bought the company they bought the staff and cv's as well.
Not a position I would be prepared to second guess so would get legal advice. Heard some right stories about people stealing customers etc in sales and companies getting nasty.
Leave a comment:
-
To be honest it depends on the exact wording of your covenants and also the wording of the contracts between the two parties.
You would have to ask your employer what exactly the buyer is buying in writing, and then get a solicitor to look at the wording in your contract.
Also some of your solicitation clauses may be irrelevant or too restrictive, but only a solicitor could tell you that due to the role you undertook.
Leave a comment:
-
restrictive covenants
Hello there,
I have a question relating to my current situation. I was employed in a sales based role for 4 years and within my contract of employment have a number of covenants such as non solicitation and non dealing for a 12 month period. The LTD company that I was employed by is to be sold and will cease trading as the buyer wants just the client bank and it is being taken over by an already formed business.
Once my previous employer has shut its doors am i still bound by the convents?
Any help much appreciated
Badbadhabit UK.
- Home
- News & Features
- First Timers
- IR35 / S660 / BN66
- Employee Benefit Trusts
- Agency Workers Regulations
- MSC Legislation
- Limited Companies
- Dividends
- Umbrella Company
- VAT / Flat Rate VAT
- Job News & Guides
- Money News & Guides
- Guide to Contracts
- Successful Contracting
- Contracting Overseas
- Contractor Calculators
- MVL
- Contractor Expenses
Advertisers
Contractor Services
CUK News
- Streamline Your Retirement with iSIPP: A Solution for Contractor Pensions Sep 1 09:13
- Making the most of pension lump sums: overview for contractors Sep 1 08:36
- Umbrella company tribunal cases are opening up; are your wages subject to unlawful deductions, too? Aug 31 08:38
- Contractors, relabelling 'labour' as 'services' to appear 'fully contracted out' won't dupe IR35 inspectors Aug 31 08:30
- How often does HMRC check tax returns? Aug 30 08:27
- Work-life balance as an IT contractor: 5 top tips from a tech recruiter Aug 30 08:20
- Autumn Statement 2023 tipped to prioritise mental health, in a boost for UK workplaces Aug 29 08:33
- Final reminder for contractors to respond to the umbrella consultation (closing today) Aug 29 08:09
- Top 5 most in demand cyber security contract roles Aug 25 08:38
- Changes to the right to request flexible working are incoming, but how will contractors be affected? Aug 24 08:25
Leave a comment: