I have got a better job offer from my current employer's competitor company. What should I do?

I recently joined a company and they made me sign a contract in which i stated that i cannot join a competitor company within 1 year of my resignation.Now i have got an amazing offer from a competitor company and i am very inclined towards joining it. What should i do now? What action will my employer if i join that company?

Team Legistify
You should not join the competitor company . The agreement is sacrosanct and you are obligated to abide by it. If you violate the agreement then your erstwhile employer may sue you for breach of contract. In the vent you join competitor, your ex employer will file suit for damages against you and also seek to obtain injunction restraining you form joining your competitor.


Ask Your Legal Question Now

Ask a Query

Tags: Employment Agreement General Legal

Have a Legal Issue?

Get connected to the Best Lawyers and Chartered Accountants Near You!

You might like reading these