Non Disclosure Agreement With Non Compete Clause In Washington

State:
Multi-State
Control #:
US-00456
Format:
Word; 
Rich Text
Instant download

Description

The parties desire to enter into discussions and negotiations regarding the purchase of material described in the agreement. The parties agree that any information obtained in the discussions will remain confidential and proprietary. All the terms and conditions of the agreement will be binding upon the successors and assigns of the parties and will survive the execution of the agreement and the termination of the discussions and negotiations between the parties.
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  • Preview Nondisclosure and Confidentiality Agreement - Potential Purchase
  • Preview Nondisclosure and Confidentiality Agreement - Potential Purchase
  • Preview Nondisclosure and Confidentiality Agreement - Potential Purchase
  • Preview Nondisclosure and Confidentiality Agreement - Potential Purchase
  • Preview Nondisclosure and Confidentiality Agreement - Potential Purchase
  • Preview Nondisclosure and Confidentiality Agreement - Potential Purchase

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FAQ

Enforceability of Non-Compete Clauses In 2025, employees must earn at least $123,394.17, and independent contractors must earn $308,485.43, for such agreements to be valid, compared to the previous thresholds of $120,599.99 and $301,399.98, respectively.

Washington has restricted noncompete agreements since 2020 by prohibiting their use unless the following apply: The worker earns more than a minimum compensation amount, which is adjusted annually. For 2024, the threshold is $120,559.99 for employees and $301,399.98 for independent contractors.

Ing to its website, the 2025 threshold for employees is $123,394.17. Washington maintains a higher income threshold for independent contractors, which increases to $308,485.43 in 2025.

Washington Law Civil Penalties Against Employers In addition to allowing employees to speak if they reasonably believe the act was illegal, and making non-disclosure agreements for these activities unenforceable, the act also includes $10,000 in civil penalties for employers who violate the law.

For laid-off employees, noncompete agreements are unenforceable unless the employer pays the full base salary through the noncompete period. For Washington-based employees, out-of-state forum selection clauses will not be enforced, regardless of where the employer is based.

Ing to its website, the 2025 threshold for employees is $123,394.17. Washington maintains a higher income threshold for independent contractors, which increases to $308,485.43 in 2025.

That said: In general, an NDA should not stop you from getting a new job. When you signed the NDA you promised not to disclose certain types of information about the company. So it shouldn't matter where you go to work after that, as long as you don't disclose this information.

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Non Disclosure Agreement With Non Compete Clause In Washington