[author: Ole Kristian Olsby - Partner - Homble Olsby advokatfirma AS]
New Statutes on Restrictive Covenants Become Effective January 1, 2017, for Contracts Existing Before January 1, 2016
Enacted Legislation
New statutes on restrictive covenants, Chapter 14A in the Working Environment Act, came into effect January 1, 2016, with a one year delay on restrictions entered into before 1 January 2016. As of January 1, 2017 the law also applies to existing contracts. In addition to material conditions, the employers must comply with procedural conditions to invoke non-competition clauses and non-solicitation of customers clauses. The employers must send a written statement to the employee within four weeks after a resignation or after the notification of the termination. The statement must inform the employee of a decision to invoke the restriction (or not), and describe the special need the employer has to invoke the non-compete restrictions.
View all Q1 2017 Global Guide Quarterly updates
