Vermont H0205 prohibits noncompete agreements for franchisees and employees, voiding such agreements and requiring notice to affected parties.
Vermont H0205 aims to void and make unenforceable any noncompete agreements between franchisors and franchisees, as well as between employers and employees. This includes agreements that restrict the ability of franchisees to operate their businesses or employees to work for another employer. Exceptions apply to agreements related to the sale of business ownership, dissolution of partnerships or limited liability companies, and severance agreements with reasonable limitations.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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