Maine NQO Agreement

State:
Multi-State
Control #:
US-EG-9471
Format:
Word; 
Rich Text
Instant download

Description

NQO Agreement between _________ (Participant) and Organic, Inc. regarding participant receiving a non-qualified stock-option award dated 00/00. 8 pages.
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FAQ

The Bottom Line. The National Labor Relations Board has ruled that inclusion of confidentiality and non-disparagement provisions in separation agreements is unlawful. Employers should consult with counsel on how to update their agreements in light of this decision.

An employer may not require an employee, intern or applicant for employment to enter into a contract or agreement that waives or limits any right to report or discuss unlawful employment discrimination, as defined and limited by Title 5, chapter 337, subchapter 3, occurring in the workplace or at work-related events.

Prohibits or restricts one employer from soliciting or hiring another employer's employees or former employees.

Maine also bans nondisclosure agreements and nondisparagement agreements that: Restrict employees' right to report, testify, or provide evidence to a federal or state agency that enforces employment or discrimination laws. Prevent employees from testifying or providing evidence in federal or state court.

A contract is a legally enforceable promise between you and the seller. It describes the responsibility buyers and sellers have to each other when goods or services are exchanged. Contracts can be written, oral, or even implied. A binding contact can be a lease on an apartment or a purchase order for a new car.

An employer terminating or relocating a covered establishment shall pay each eligible employee one-week's pay for each full year that the eligible employee has worked at the establishment regardless of prior ownership of the establishment.

Work with Borderless to Create Enforceable NDAs This includes Arizona, Washington, Hawaii, Illinois, Louisiana, Maine, Maryland, Nevada, New Jersey, New Mexico, New York, Oregon, Tennessee, Vermont, and Virginia.

Noncompete agreements are contrary to public policy and are enforceable only to the extent that they are reasonable and are no broader than necessary to protect one or more of the following legitimate business interests of the employer: A.

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Maine NQO Agreement