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R.L. GUTTRIDGE, INC., v. WEAN

8 N.J. Super. 450 (1950)

73 A.2d 284

R.L. GUTTRIDGE, INC., A CORPORATION OF THE STATE OF NEW JERSEY, PLAINTIFF, v. LLOYD WEAN, DEFENDANT.

Superior Court of New Jersey, Chancery Division.

Decided May 9, 1950.

Attorney(s) appearing for the Case

Mr. Huyler E. Romond, for the plaintiff.

Mr. Samuel M. Cole (Mr. Louis J. Greenberg, of counsel), for the defendant.

JAYNE, J.S.C.

This action relates to the basic validity and equitable enforceability of a restrictive covenant embodied in and ancillary to a contract of employment entered into by the parties on November 27, 1948.

The negative covenant to which the defendant and a fellow employee subscribed reads as follows:

"3. Said employees do further agree that upon the termination of their said employment that they will not directly or indirectly, as

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