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A non-compete agreement is a contract in which one party agrees not to start a business in the same field as another party.

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This Lease Agreement is legally binding in Colorado according to your state's specific rules and regulations.

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Colorado Non-Compete Agreement: What Is It?

A Colorado non-compete agreement is used to protect business secrets. Generally, employees and contractors sign a Colorado non-compete agreement that prevents them from working for a competing company for a certain length of time. Colorado non-compete agreements can only be used to protect trade secrets, purchase or sale of business assets, recover the expense of training an employee who works for the company for less than two years, or for executive and management staff and their staff. Colorado non-compete agreements must be considered reasonable according to CRS ยง 8-2-113.

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