Question 1 Julia went for an interview with Calypso Private Limited, one of the three companies in Singapore that manufactures sports medication for knee injury. This medication was developed specially for Asians’ physiology. Calypso owns the patent to this medication and has about 45% market share in Singapore. It has been trying to expand into South East Asia for the past 2 years. Unfortunately, despite many plans, Calypso seems unable to sell any products into any other countries in this region. During the three rounds of interview, Julia assured the HR Manager, the Sales Director and the CEO that she has “all the necessary qualifications and experience to ensure that the sales of Calypso will improve by 100% within 6 months”. Hence, Calypso offered Julia a job as a sales manager, responsible for driving all sales of the medication. She signed the employment agreement that contained the following Clause 8: “The Employee shall not, at any time during the term of his employment with the Company and for a period of ten (10) years after the cessation or termination of his employment with the Company, do any of the following: (a) directly or indirectly be engaged in any capacity (whether as an employee, consultant, or director) with any business that is selling all types of sports medication anywhere in the world; (b) solicit the business of any person who is or has been a customer of the Company, for the purpose of competing with the businesses of the Company; or (c) entice away any employee of the Company to work for a business that sells sports medication anywhere in the world. By the fifth month, it was clear that Julia was a very inexperienced sales person. She has not been able to close a single sale in Singapore or the rest of South East Asia. She decides to quit and join a Japanese company selling all types of sports medication, for shoulders, knees, elbows etc. The Japanese company’s products are also patented and can be used by...
Already registered? Login
Not Account? Sign up
Enter your email address to reset your password
Back to Login? Click here