I resigned a past few weeks from my x company because of some issues regarding our job and they ask us to choice to continue our job or to resign and I choose to resign. I have no bad records on my x company and worked for almost 3 years at that company. As a supervisor and what you called as "kanang kamay ng boss", I handled some confidential files which are about the sales of the company. I'm in the sales job but majority of my work is through documentations.
When I resigned, they want me to sign a Non Competition Agreement which have 2 clauses.
Clause 1 - banned me not copy, imitate etc the processes, files, drawings etc about the company for 10 years (not to divulge any confidential information about the company and not to pirate any employee of the company) and if there have been any damages done by me "daw" I will pay for 1 Million Pesos for this.
Clause 2 - That i will be banned to work with competitors and clients for 1 year.
I've understand the clause 2 for banning for a year on there competitors and clients. My question are do I need to sign this NDA after my resignation? Is it my right not to sign the NDA though the HR said that the only consequences upon not signing the NDA is that they will hold my last salary? I have cleared all they want me to turn over upon signing of clearance to them but I don't have a copy because I did not yet sign the NDA.
I don't have any plans to establish a company same as my x company, I am not financially capable to it as what they think and I am not that expose on their competitors and clients also.
Please help me.