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Showing posts with the label VA State § 40.1-28.7:8

Virginia Covenants Not To Compete Poster Change

The Virginia Covenants Not To Compete poster has been updated. The Virginia Covenants Not To Compete poster has been updated to reflect an amendment to the law. T he new law prohibits employers from enforcing noncompete agreements against employees terminated without cause, unless the employees receive severance benefits or other monetary payments . The benefits or payments must be disclosed to the employees upon execution of the noncompete. This posting appears on the Virginia Combination Poster. This is a mandatory change. Statutory language regarding this posting: Senate Bill 170, signed by Governor Abigail Spanberger on April 13, 2026, prohibits employers from enforcing noncompete agreements against employees who are terminated by employers without cause, unless the employers provide severance benefits or other monetary payment to the employees in connection with termination. These benefits or payments must be disclosed to the employees upon execution of the covenant not to compete...