Create an Oregon Non-Compete Agreement with our customizable template!
In Oregon, a non-compete agreement is a type of employment contract that uses restrictive covenants that serves as a measure of protection for companies who are worried about their employees disclosing their trade secrets and other sensitive, confidential business information to competitors. Non-competition agreements give employers a written promise that the employee or independent contractor will not leak sensitive information to competitors once they become a former employee. These agreements often prohibit an employee from working with a competing company for a certain period of time, and similar companies within a certain geographic area.
Since non-competition agreements are used by businesses to guard protectable interests, they are often used along with confidentiality agreements to help protect product development and other sensitive matters. Such agreements must comply with Oregon law and must follow specific notice requirements. As such, Oregon employers should seek legal advice from a qualified law firm that practices employment law.
Hiring an independent contractor to work for your Oregon business? Download an independent contractor agreement form now!
