Question
john is employee of pharmadevelopment company, a pharmaceutical company in victoria. ha has signed an employment contract with pharmdevelopment company as a pharmaceutical scientist for
john is employee of pharmadevelopment company, a pharmaceutical company in victoria. ha has signed an employment contract with pharmdevelopment company as a pharmaceutical scientist for seven years. as he is working with medicine formula department and according to this contract terms he must not reveal or use confidential information other than o his employer. it further provides that he must not work for a competitor during the remainder of the employment agreement. consideration for entering into the agreement is $150000. with reference to relevant legislation and case law discuss whether this capital or income in john's hands.
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