In Minnesota, a non-compete agreement functions as a legally enforceable written promise that an employee will not disclose trade secrets and business practices of a company once his or her employment comes to an end. These agreements often come with stipulations that forbid employees from working with or for competitors for a period of time after their employment ends. Violating this type of agreement can come with harsh legal consequences that can result in fines, reparations, and even jail time.
Minnesota Non-Compete Agreement - None
Although the state of Minnesota has no specific laws that restrict or enforce non-compete contracts, these agreements are encouraged to be reasonable and fair toward the employee. This ensures that the employee does not bear a burden greater than necessary to fulfill the terms of the agreement once his or her employment comes to an end.