Need help in understanding company contract clause! Asap

[SunshineK]

NON-COMPETITION: You agree that you will not, without the prior written consent of the Company, at any time during the term of your employment with the Company and for a period of six (6) months within the province of Ontario following the termination of your employment for any reason, either individually or in partnership or jointly or in conjunction with any person as principal, agent, consultant employee, investor shareholder (other than an investment of less than 5% of the shares of a company traded on a registered stock exchange) or in any other manner whatsoever, carry on or be engaged in or provide any residential/commercial/private mortgage services for any person or entity in the provinces of Ontario and British Columbia, which provides services competitive to those produced by the Company or contemplated by the Company during the term of your employment with the Company.

 

[scylla]

NON-COMPETITION: You agree that you will not, without the prior written consent of the Company, at any time during the term of your employment with the Company and for a period of six (6) months within the province of Ontario following the termination of your employment for any reason, either individually or in partnership or jointly or in conjunction with any person as principal, agent, consultant employee, investor shareholder (other than an investment of less than 5% of the shares of a company traded on a registered stock exchange) or in any other manner whatsoever, carry on or be engaged in or provide any residential/commercial/private mortgage services for any person or entity in the provinces of Ontario and British Columbia, which provides services competitive to those produced by the Company or contemplated by the Company during the term of your employment with the Company.

This is what's known as a "do not complete" clause.

If you're not sure what this means or how it might impact you in the future, then I would strongly recommend that you get a consult with an employment lawyer who can explain this - as well as review the rest of your contract.

This isn't an immigration matter. It's a situation where you need paid legal advice if you're not comfortable navigating this on your own.