Valid reason to get out of my non compete?
I have workded for the same company for about 20 years. Recently the company was was sold and I along with it. I was told from the begging from the buyers how "nothing would change for me that would affect me negatively". I was told at the purchase that people who are remaining with the company would have to sign a non compete agreement. Since then my insurance has went up and the coverage is worse, before I was getting 15% of the profit I made and now its been reduced to 10%. Also I was always provided a truck and now I am being charged 500/month out of my bonus to cover it. I used to get paid my overtime and that has been reduced also.
I have workded for the same company for about 20 years. Recently the company was was sold and I along with it. I was told from the begging from the buyers how "nothing would change for me that would affect me negatively". I was told at the purchase that people who are remaining with the company would have to sign a non compete agreement. Since then my insurance has went up and the coverage is worse, before I was getting 15% of the profit I made and now its been reduced to 10%. Also I was always provided a truck and now I am being charged 500/month out of my bonus to cover it. I used to get paid my overtime and that has been reduced also.
