When a person in Colorado starts a new job, it can be an exciting time. However, after being hired or during the course of employment, a worker may be faced with signing a non-compete agreement, stating that the worker will not work for a competing business if they leave the employment of their current employer. This can be very limiting on a worker, and for this reason, Colorado law has addressed the issue of non-compete agreements.
In general, per Colorado law, non-compete agreements are void. However, there are four exceptions to this blanket rule. It is important to know what these exceptions are, so one can understand the difference between lawful non-compete agreements and those that are not allowed.