Supplies For Industry, Inc. v. Christense

135 Ariz. 107 (1983)

Facts

Christenson (D) started Supplies for Industry (P) and sold it to IMC and entered into an employment agreement in 1970 not to compete for three years. D worked under that agreement until IMC sold the stock to Bennett Investment Corp. in 1979. The terms of that sale included D's employment contract and D continued employment with Bennett until 1981. D then informed Bennett that he would terminate employment and Bennett informed D that they would hold him to the noncompete clause. D informed Bennett that he had received a complete release from IMC on July 8, 1980, which had discharged any claims IMC had against D. D began competing with P and P sued to enforce the contract. The injunction was granted, and D appealed.