Oregon Confidentiality and Noncompetition Agreement between Executive and Corporate Employer for Real Estate Development Business

State:
Multi-State
Control #:
US-1340771BG
Format:
Word; 
Rich Text
Instant download

Description

A confidentiality agreement is an agreement between at least two persons that outlines confidential material, knowledge, or information that the parties wish to share with one another for certain purposes.
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  • Preview Confidentiality and Noncompetition Agreement between Executive and Corporate Employer for Real Estate Development Business
  • Preview Confidentiality and Noncompetition Agreement between Executive and Corporate Employer for Real Estate Development Business
  • Preview Confidentiality and Noncompetition Agreement between Executive and Corporate Employer for Real Estate Development Business
  • Preview Confidentiality and Noncompetition Agreement between Executive and Corporate Employer for Real Estate Development Business
  • Preview Confidentiality and Noncompetition Agreement between Executive and Corporate Employer for Real Estate Development Business

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FAQ

You Can Void a Non-Compete by Proving Its Terms Go Too Far or Last Too Long. Whether a non-compete is unenforceable because it covers too large of a geographical area or it lasts too long can depend on many factors. Enforceability can depend on your industry, skills, location, etc.

It is possible to find non-compete loopholes in certain circumstances in order to void a non-compete contract. For instance, if you can prove that you never signed the contract, or if you can demonstrate that the contract is against the public interest, you may be able to void the agreement.

By Janet A. In California, North Dakota, the District of Columbia, and Oklahoma, non-competes are either entirely or largely unenforceable as against public policy. Other states, including Maine, Maryland, New Hampshire, Rhode Island, and Washington, have banned non-compete agreements for low-wage workers.

Maximum length of an Oregon non-compete agreement Under the existing Oregon law, non-competition agreements cannot exceed 18 months. The amendments reduce the maximum term to 12 months.

- The two most common settings for legitimate non-competition agreements are the sale of a business and an employment relationship.

Important Terms to Include in Non-Compete AgreementsTime and Geographic Scope.Tolling of Non-Compete Period.Protectable Interests, Injunctive Relief, Attorneys' Fees, and Costs.Choice of Law and Forum Selection.Assignment.Material Job Changes.Right to Inform New Employer.

An agreement for employees not to work for a competitor, not form a competing business, and to maintain confidentiality during employment. This agreement may or may not be enforceable depending on state law.

Confidentiality/non-disclosure agreements are contracts in which the employee promises not to disclose certain proprietary information, such as trade secrets. Non-compete agreements are contracts in which the employee agrees not to unfairly compete against his/her (former) employer.

In order to be enforceable, a non-compete agreement must include an offer, acceptance, intent, and a benefit or consideration to the employee in exchange for his or her promise. The benefit could be as simple as getting the job or, for an existing employee, getting a promotion or raise.

Under Oregon law, in order for a non-compete to be enforceable, the non-compete must be entered into upon a subsequent bona fide advancement. This means that the no-compete either needs to be entered into either at the start of employment, or with additional consideration, such as a promotion or pay increase.

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Oregon Confidentiality and Noncompetition Agreement between Executive and Corporate Employer for Real Estate Development Business