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MA S840

Relative to regulating trade secrets and noncompetition agreements


summary

Introduced
01/23/2017
In Committee
05/30/2017
Crossed Over
Passed
Dead
12/31/2018

Introduced Session

190th General Court

Bill Summary

For legislation relative to regulating trade secrets and noncompetition agreements. The Judiciary.

AI Summary

This bill proposes to enact the Uniform Trade Secrets Act in Massachusetts and establish new requirements for the enforceability of noncompetition agreements. The key provisions include: 1. Defining "trade secrets" and establishing rules for protecting and recovering damages for misappropriation of trade secrets. 2. Placing restrictions on noncompetition agreements, such as limiting the duration to 12 months, requiring consideration or a "garden leave" clause, and exempting certain categories of workers like non-exempt employees and students. 3. Providing that the new law on noncompetition agreements, known as the Massachusetts Noncompetition Agreement Act, will apply to agreements entered into on or after October 1, 2017. The bill aims to regulate the use of trade secrets and noncompetition agreements in employment relationships in Massachusetts.

Committee Categories

Justice, Labor and Employment

Sponsors (5)

Last Action

Accompanied a new draft, see H4419 (on 04/17/2018)

bill text


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