ContractsSAFEOregon
ORPacificEmployee-FriendlyMedium Risk

Simple Agreement for Future Equityin Oregon

A Y Combinator-developed instrument giving investors the right to receive equity in a future priced round, without a maturity date or interest rate. Oregon's employee-friendly legal climate creates specific considerations for SAFE drafting and enforcement.

Analyze Your SAFE Free →
Legal Climate
Employee-Friendly
Non-Competes
Enforced
Governing Law
Moderate
Key City
Portland

Oregon Contract Law

Key Legal Fact

Oregon requires non-competes to be provided 2 weeks before start date, limits duration to 12 months, and requires garden leave.

Notable SAFE Law

ORS § 653.295 requires employers to pay the greater of 50% salary or $500/week during non-compete period.

Key Clauses to Review

1
Valuation Cap
Requires Oregon-specific drafting under employee-friendly legal standards.
2
Most Favored Nation Clause
Requires Oregon-specific drafting under employee-friendly legal standards.
3
Pro-Rata Rights
Requires Oregon-specific drafting under employee-friendly legal standards.
⚠ Common Issue
SAFE stack dilution from multiple uncapped SAFEs at low cap

Major Industries in Oregon

TechnologyAgricultureManufacturingTourism

Analyze Your OR SAFE Now

AI-powered analysis specific to Oregon law. Get your risk score in under 60 seconds.

Start Free Trial →