Requiring that noncompete agreements be reasonable and providing that such agreements are null and void upon the sale or change in ownership or control of an employer.

HB 2650 requires noncompete agreements between employees and employers to be reasonable and necessary for protecting the business. It makes such agreements automatically unenforceable if the business is sold or if ownership changes. This directly affects employees who might face restrictions after leaving a job, as well as employers who use noncompete clauses. The bill replaces the default enforceability of these agreements with these two specific conditions.