HB 3435 – Oklahoma

Status: In Process
Year Introduced: 2022
Link: http://www.oklegislature.gov/BillInfo.aspx?Bill=hb3435&Session=2200

An Act relating to contracts; creating the Uniform Restrictive Employment Agreement Act; defining terms; providing scope of act; imposing notice requirements; restricting application for certain wages; restricting application in certain circumstances; imposing reasonableness requirement; providing for noncompete agreements; providing for confidentiality agreements; providing for no-business agreements; providing for nonsolicitation agreements; providing for non-recruit agreements; providing for payment for competition agreements; providing for trainingrepayment agreements; prohibiting certain actions; providing for enforcement; providing remedies; requiring uniformity; creating a savings clause; providing for severability; repealing 15 O.S. 2021, Sections 217, 218, 219, 219A, and 219B, which relate to restraint of trade; providing for codification; and providing an effective date.

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