Question: Is there valid consideration for the non - compete as expressed in Section 1 2 ? Question 5 options: 1 2 ( i ) -
Is there valid consideration for the noncompete as expressed in Section
Question options:
i likely does not show have valid consideration as Employee's hire, salary increase, or promotion is future consideration or consideration for the general agreement, and not additional consideration.
If the Company wanted this noncompete to be enforceable, Company could have provided some additional considerations like a small signing bonus, or additional days time off, etc.
ii likely does not show valid consideration as enhanced company benefit paid time off, paid holiday, and Simple IRA plan are likely consideration for the general agreement, and not additional consideration.
iiiiv and v access to company's secrets and benefits of the Company's goodwill, including introduction to Company's clients, candidates and consultants, and training in Company's know how and unique techniques and business methods are likely consideration for the general agreement, and not additional consideration.
vi the terms and conditions and benefits received under the Agreement, are likely consideration for the general agreement, and not additional consideration
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