I have been a contractor (shipping) for 7 years with the same company in N.Y
Last August the owner passed, the company was sold to a 20 billion Japanese company.
I signed a 2 year contractv1 week before the passing of the president, from Aug 2011-Aug 2013.
has been financially steady since the beginning of the contract
, the contract was renewed in writing every two year, with compliments.
Since the company was sold March 28 there have been many changes for contractors.
I now have a wonderful opportunity with a competitor however I am under contract.
On June 1 corporate instituted a clause in my contract stating my revenues were below the contract amount. As a result they revoked my exclusive territory.
This was a very unpresidented announcement without a call or any discussion.
I really need someone's advice
I don't want to remain at this job but cannot risk the non compete clause (90 days)
Do I simply ask for contract termination (subjecting myself) ?
Thanks very much