Legal Question in Employment Law in Texas

Bond in Employment contract

I signed an employment contract with Company A which states the following also under the section - ''Non-Solicitation/Non-Competition Covenants.'':

b) In case independent Contractor brakes this contract or else joins with the client or client�s client of the Company or left the project in between then Independent Contractor is liable to pay immediate $15000 to the Company plus the lawyer and litigation charges.

Company A is based in New Jersey. They have placed me as an independent consultant at Company B in Texas. They charge Company B $x/hr and pay me a percentage. My question is what happens if I decide to terminate the contract upon finding a better/different offer elsewhere. Will I have to pay up the $15000?

Thanks.


Asked on 3/09/04, 1:17 pm

1 Answer from Attorneys
Roger Evans Mathis & Donheiser

Re: Bond in Employment contract

This will depend upon the enforceability of the underlying agreement. You will need to have a lawyer experienced in covenants not to compete review it.

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Answered on 3/09/04, 1:32 pm


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