WILL YOUR NON-COMPETE AGREEMENT BE VOID IF YOU ARE FIRED? THEY LOSE THE CONTRACT? BUSINESS CLOSES?

WILL YOUR NON-COMPETE AGREEMENT BE VOID IF YOU ARE FIRED? THEY LOSE THE CONTRACT? BUSINESS CLOSES?

WILL YOUR NON-COMPETE AGREEMENT BE VOID IF YOU ARE FIRED? THEY LOSE THE CONTRACT? BUSINESS CLOSES? 150 150 Lauren Ellerman

I love Google analytics. I can tell what questions people need answered when they end up on our website (don’t worry – I can’t tell who you are, simply what you are asking).

In the last few weeks people have wondered

– Is my non-compete agreement void if I am fired?
– Is my non-compete agreement void if my Employer loses a contract?
– Am I released from my non-compete agreement if the company is sold?

Well, to my friends in need of answers, let me be clear.

1. Is my non-compete agreement void if I am fired?

No. Not necessariliy. Depends on your specific contract.

2. Is my non-compete agreement void if my Employer loses a contract?

Doubtful – but again, depends on your contract.

3. Am I released from my non-compete agreement if the company is sold?

Maybe – I will have to see your contract to let you know.

Every contract is different and unique. Every employment contract case is also different – so these questions cannot be answered very simply. I would advise you to speak to an attorney who can help you understand what your rights and obligations are under your Virginia employment agreement or non-compete agreement.

Want to know the scary part? You are obligated to do things under Va. law that are not even in your contract – so before you make a big chance, you may want to seek some help as to what activities you are permitted to do.

Share
About the author

Lauren Ellerman

In 2011, Lauren Ellerman was named "Young Lawyer of the Year" by the Roanoke Bar Association for her work in the community. To speak with Lauren about your personal injury case, contact her at lellerman@frithlawfirm.com.

Back to top