[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]
Re: Question about non-compete clauses
In a message dated 04/15/2000 1:41:11 PM Eastern Daylight Time,
<< In all seriousness, I would think there might be some clause in the
that would provide for an out, especially in a change-of-ownership dilemma.
Actually, Sean, even though i've never signed a non-compete, i have signed
other contracts (mortgages, etc), and perhaps some of our esteemed barristers
could help out here if there's a misinterpretation of the following:
"...successors and assigns."
pretty standard language designed for the protection of the interests of both
parties entering into an agreement.
i do have radio friends who have been under personal contract at the time
of a transfer of ownership, and none of them were either free to go, nor were
they able to be summarily dismissed for lack of cause. the transfer of the
business concern usually includes the assignment of contracts currently in
my initial query is related to the fact that the new direction of the
station is not a simple format shift; it's a language barrier. 3
professionals leave, probably due to their lack of multilingual abilities,
and, from the way the article on AllAccess was worded, are being held to
these three might be enjoined from heading to the other Spanish outlet
(assuming, as example, there is one), but how enforceable would the contract
be if they wanted to go another CHR station in the market that perhaps uses
English as a language of record?
- -Chuck (who got caught short twice in ownership transfers cuz i didn't sign