A non-compete agreement is a legal document that businesses use to ensure that their employees will not take their trade secrets and sensitive information and share it with competitors once their job comes to an end. Once an employee or business associate signs the agreement, it becomes a legally enforceable document that the employee must adhere to, or face serious repercussions. Breaching such an agreement can result in reparations, fines, and even jail time.
Maine Non-Compete Laws - None
Although the state of Maine has no laws that restrict or enforce non-compete agreements, all non-compete agreements must be reasonable in time, scope, and geographic restriction.