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ID S1287
Bill
Status
3/28/2018
Primary Sponsor
Commerce and Human Resources Committee
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AI Summary
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Changes the applicability language in Section 44-2702 from "this section" to "this chapter" for definitions of key employees and legitimate business interests.
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Removes the rebuttable presumption in Section 44-2704(2) that an agreement or covenant with a postemployment restriction of 18 months or less is reasonable as to duration.
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Retains rebuttable presumptions for geographic area, type of employment or line of business, employee compensation status, and irreparable harm in cases of breach.
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Maintains the 18-month maximum postemployment restriction on direct competition unless additional consideration beyond employment is provided to key employees or independent contractors.
Legislative Description
Amends existing law to provide applicability and to remove a provision regarding rebuttable presumptions.
COVENANTS NOT TO COMPETE
Last Action
Session Law Chapter 349 Effective: 07/01/2018
3/28/2018