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» no-compete letters

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Feb 24, 2008, 08:46 PM

djring

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Join Date: Feb 2008

Posts: 1

no-compete letters

I work as a financial advisor for a firm. Several years ago they had us sign a no-compete letter of one year should we leave the firm. Since then we have changed comp plans several times and they have never had us sign the no-compete again.

1. is the no-compete still in force?
2. if so, is it binding or is it just something to scare us?

Thanks

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