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> They only enforce non-compete if you actually go to a competitor (like rentech, KCG, Citadel).

Does the contract say that?

Never trust anyone who asks you to sign away your firstborn, but says "Don't worry, it's just legal boilerplate, we don't enforce it!" If it's not enforced, it shouldn't be in the contract.

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They have to pay you not to work if they elect to enforce it; the contract actually says that. They don't actually enumerate who is a competitor, but in practice they aren't interested in enforcing against Google, Facebook etc.

Yes. One MD told me that non-compete is not enforceable if you don't pay. I don't think anyone want to pay six figures and lots of good wills for no good reasons.

No, they don't say that. But non competes are never enforced for low level folks. It's usually for upper management.

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