Farmers Insurance Exchange v. Fraley

Plaintiffs successfully sought damages and injunctive relief for defendant’s breach of an insurance agency contract and for the post-termination breach of a noncompetition covenant. Defendant’s first 11 assignments of error fail, because Paragraph G of the contract is unambiguous. See Farmers Insurance Exchange v. Chamberlain, 77 Or App 245, 250, 712 P2d 172, rev den 300 Or 563 (1986). The remaining assignment of error is that the trial court erred in concluding that the noncompetition covenant was valid as a reasonable restraint of trade. We affirm.

The covenant provides, in part:

“For payment…