Restraint of Trade
Most sale of business contracts include a restraint of trade agreement or clause. A ‘restraint of trade clause’ is designed to protect the goodwill of a business sold by the vendor to the purchaser.
ONLINE LEGAL DOCUMENTS
Restraint of Trade Sale of Business
To be used in a sale of business. Restrains the vendor and key people. Includes clauses covering:
- Restraint of trade
- Damage to Business
- Restraint reasonable
- General provisions
- Further assurance
- Governing law and jurisdiction
- Service of notices
4 pages long.
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