Colorado’s New Limitations on Restrictive Covenants Take Effect in August 2022

Effective August 10, 2022, Colorado employers will need to comply with significant new limitations on noncompete agreements and other post-termination restrictive covenants. The Colorado legislature passed House Bill 22-1317, which imposes new employee income thresholds on noncompete and customer nonsolicitation agreements, and includes additional notice, venue and choice of law rules for restrictive covenants. HB 22-1317 […]