Articles Tagged with Best Naperville and Oak Brook Non-Compete agreement and NDA lawyers near Chicago

Restrictive covenants such as covenants not to compete and non-solicitation agreements are key provisions of many employment agreements and are meant to protect the company’s proprietary information and long-term relationships. Beginning January 1, 2020, business owners in Oregon using non-compete agreements must take into account the notice requirements imposed by a recently passed law or their non-compete agreements will not be enforceable.

Earlier this year, Oregon Governor Kate Brown signed House Bill (HB) 2992, which imposes a new burden on employers who utilize noncompetition agreements with their Oregon employees. Under the new law, an employer must provide the former employee with a signed, written copy of their non-compete agreement within 30-days following their termination. If an employer does not provide a copy of the non-compete agreement to the former employee within this window, the employer forfeits the right to enforce the non-compete agreement. Continue reading ›

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