From my understanding, I cannot work for a competitor who is within 25 mile radius of my current company, even after I quit.
However, if they’re not within that radius then I’m okay to work for them.
Is that correct?
Sorry if format is incorrect, on mobile.
——
Furthermore, throughout Employee's employment with Company, and for two (2) years after the termination of Employee's employment with Company, regardless of the date, cause or manner of such termination, Employee covenants and agrees that Employee shall not be engaged in any activities competitive with the Business in any capacity in which Employee provides services substantially similar to those Employee provided to Company, whether on Employee's own behalf of as a sole-proprietor, owner, officer, manager, director, consultant, employee or independent contractor by or for a Competitor (as that term is defined herein below), in the Territory (as that term is defined herein below); provided, however, that nothing set forth in this Section shall prohibit Employee from owning not in excess of 1% in the aggregate of any class of capital stock of any corporation if such stock is publicly traded and listed on any national or regional stock exchange or reported on the NASDAQ Stock Market. “Competitor” shall mean any person or entity engaged in the Business.
“Territory” shall mean:
(a) Within a twenty-five (25) mile radius surrounding all Company offices;
(b) Within a twenty-five (25) mile radius of the offices of any of the Restricted Customers, as such term is defined herein;
(c) Within a twenty-five (25) mile radius of any Company office to which
Employee was primarily assigned, or spent more than 40% of Employee's in-office working time at;
(d) Within twenty-five (25) miles of any place where Employee engaged in the provision of products or services related to the Business.