I get paid on invoice not on receipt of payment from customer. Today I should be receiving a check that will pay me on most of what is in my pipeline currently. It should leave very little.
I do have receivables that I am closely following up on and getting payment so they do not get stuck with anything. I have only been letting this company process my orders since September of 2008. We have a 50/50 split currently. I have had most of my customers that I brought with me for about 10 years. There will be absolutely no problem collecting on their invoices.
Please let me know if you need any further information.
They can pursue you as to the breach of contract and try to obtain a percentage of any and all business that was upcoming for the next 60 days or 60 days from when you gave them notice.
If you can hold back the payment from the customers and file all the new sales beyond the 60 day period - they will have no claim. This presumes that they will pursue such.
They cannot make you work for them - that's slavery - they only have their damages. Since the contract makes 60 days notice mandatory - just hold back sales for 60 days then they have no damages to collect upon.
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