Should I Still Use a Non-Compete Agreement?

Minnesota may be joining a growing number of states with laws restricting the enforceability of non-competes. The Minnesota House Labor, Industry, Veterans and Military Affair Finance and Policy Committee has approved House File 999 (HF999), a bill that restricts the enforceability of non-compete agreements for certain employees.

First, it is important to understand the basics of a non-compete agreement. A non-compete agreement is a legally binding contract, usually between an employee and employer, that restricts an employee’s ability to engage in work that directly competes with the employer.

Want answers to your questions about the using non-compete agreements?

Signup and get real-time advice on the latest employment law changes or mandates. It’s easy to get started and receive unlimited access to Thompson Coe employment law attorneys. Sign Up Now

Signup today and get answers to:

• What is a non-compete agreement?

• Are non-compete agreements enforceable in my state?

• What does the Minnesota bill do?

• What the status of the bill?

Thompson Coe and myHRgenius Tip of the Week is not intended as a solicitation, does not constitute legal advice, and does not establish an attorney-client relationship.