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House amends employment bill that would broadly limit noncompete agreements
Summary
H.205 would generally prohibit noncompete agreements with specified exceptions, limit 'stay or pay' provisions, and include special protections for health care providers; the committee recommended an amendment and the House ordered third reading after debate and an interrogation about a teacher carve‑out.
The Vermont House considered H.205, a proposal to limit the use of agreements not to compete and to regulate so‑called "stay or pay" provisions. Representative Duke (member from Burlington), speaking for the Commerce and Economic Development Committee, said the bill ‘‘generally prohibits agreements not to compete, with limited and carefully defined exceptions,’’ and walked members through provisions that permit narrow exceptions for sale of a business, dissolution of partnerships, certain…
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