Once the sale goes through and Cabela's is bought out, does the anti-compete go away and do we have the option to go anywhere? Seems like that would be the decent thing to do.
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in the layoff packages in 2015, we were released from the anti-compete part of the agreement we signed when hired, but were still bound by the can't sue them for any type of termination language...the package was a take it or leave it option. I would be looking hard for new opportunities if still on CAB payroll.
Google says - not unless there's something else in the employment contract that says it is. Although if that is more than a general question, you might want to consult an employment attorney with your contract and all other paperwork. http://smallbusiness.chron.com/employee-contract-binding-company-sold-47586.html
If Cabelas is no longer a company, would think the contract is no longer good.
and the first on the list of competitors that we can't go to work for is Bass Pro Shops,
Certain levels in Sidney Corporate had to sign Anti-Compete agreements when we took certain positions that barred us from working from a lengthy list of for 18 months after we leave Cabela's either by our own will or was laid off.
What is the OP talking about? All the store outfitters could go work for a competitor after they left Cabelas. They were escorted out of the building immediately though if they told management they were giving 2 weeks notice to work for a competitor, but were not legally barred from working for one. Maybe upper level management signed anti-compete contracts?
I wouldn't worry about it.
Companies rarely go after employees and they rarely hold up in court.
Just keep your mouth shut as to where you are going. That means friends and acquaintances as well.
I know a lot of people who could have easily got away with working for a competitor if they just shut their big mouths.