Non-compete Agreement Document for Oregon State Open Editor Now

Non-compete Agreement Document for Oregon State

A non-compete agreement is a legal contract that restricts an employee from working for competitors or starting a competing business for a specified period after leaving their job. In Oregon, this agreement must adhere to specific guidelines to be enforceable, ensuring that both employers and employees understand their rights and obligations. Understanding the nuances of the Oregon non-compete agreement form is essential for navigating the complexities of employment law in the state.

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In Oregon, the Non-compete Agreement form serves as a critical tool for employers seeking to protect their business interests while balancing the rights of employees. This form outlines the terms under which an employee agrees not to engage in competitive activities after leaving a job. Key aspects of the agreement include the duration of the non-compete period, geographical limitations, and the specific activities that are restricted. Oregon law mandates that these agreements must be reasonable in scope and duration to be enforceable. Additionally, the form must be presented to employees at the time of hiring or within a reasonable timeframe thereafter. Understanding the nuances of this agreement is essential for both employers and employees to ensure compliance with state regulations and to foster fair employment practices.

Form Example

Oregon Non-Compete Agreement Template

This Non-Compete Agreement ("Agreement") is entered into as of __________ ("Effective Date"), between __________ ("Employee") and __________ ("Employer"), collectively referred to as the "Parties".

In consideration of employment with the Employer, and access to confidential information and other valuable consideration, the sufficiency of which is hereby acknowledged, the Employee agrees to the restrictions as set forth in this Agreement.

Pursuant to the Oregon Revised Statutes (ORS) 653A.295, this Agreement is subject to the specific limitations and requirements as mandated by Oregon law.

  1. Non-Compete Restriction: The Employee agrees not to engage in any business activity, directly or indirectly, that is competitive with the business of the Employer within a radius of __________ miles of the Employer’s primary business location, for a period of __________ months following the termination of employment.
  2. Non-Solicitation: For a period of __________ months post-employment, the Employee agrees not to solicit or entice away from the Employer any customer, client, or employee of the Employer.
  3. Confidential Information: The Employee acknowledges that during the period of employment, the Employee will have access to and become acquainted with various confidential information which is the exclusive property of the Employer. The Employee agrees not to disclose any confidential information to any person or entity outside of the Employer, both during and after the term of employment.
  4. Enforcement: Should any provision of this Agreement be held by a court of competent jurisdiction to be unenforceable, the remainder of the Agreement shall continue to be fully effective. This Agreement is specifically subject to modification to enforce the intent of the non-compete provision as closely as possible where outright enforcement may not be possible.
  5. Governing Law: This Agreement shall be governed by and construed in accordance with the laws of the State of Oregon.

IN WITNESS WHEREOF, the Parties have executed this Agreement as of the Effective Date first above written.

________________________
Employer Signature

________________________
Employee Signature

↓ Non-compete Agreement PDF Form

PDF Attributes

Fact Name Details
Definition An Oregon non-compete agreement restricts an employee from working for a competitor after leaving a job.
Governing Law Oregon Revised Statutes, specifically ORS 653.295, governs non-compete agreements in Oregon.
Duration Limit The agreement can last for a maximum of 18 months after employment ends.
Enforceability Non-compete agreements are enforceable only if they meet specific criteria set by Oregon law.
Employee Classifications These agreements are generally only enforceable for certain employees, such as executives and highly compensated workers.
Geographic Scope The agreement must specify a reasonable geographic area where the employee cannot compete.
Consideration Requirement There must be adequate consideration, such as a job offer or promotion, for the agreement to be valid.
Written Agreement Non-compete agreements must be in writing and signed by both parties to be enforceable.
Right to Review Employees must be given a copy of the agreement and a reasonable time to review it before signing.
Legal Challenges Employees can challenge the validity of non-compete agreements in court if they believe the terms are unreasonable.
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