Can I return the stock and compete? :(
8 replies (most recent on top)
Generally speaking how sick is to get paid in stock for a non competing? Basically you gain if Weatherford performs better than your current job at competition.
Or rephrasing it you could do a poor job in you current position to gain more from the previous Weatherford agreement.
Sick sick sick
Don’t sweat the small stuff dude, we ain’t gonna be around much longer anyway. You’re gonna be a free agent soon, maybe a bit poorer but a lot wiser.
I know some higher-ups, when laid off, signed an agreement so they could keep their unvested stock and then go on record as “chose to pursue other interests”. Got caught holding a bag of sh-t.
After the bankruptcy is filed and stock is deleted, then you texhnically don't have stock. I think its fine, if they they pay a rentention bonus and the check bounces, is it really binding??
Stock is at 0.06
Who cares ? The stock is worthless at .30 cents !!! LOL !!!
To be safe seek legal advice!
I would guess they have bigger legal problems then coming after you for a potential breach of non-complete.