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Restraint of Trade Agreement

Restraint of Trade Agreement – Deed 1

restraint of trade agreement is a common clause in sale of business agreements. The clause will protect the purchaser of the business by preventing the vendor (or business seller) from opening a competing business nearby.

This agreement is to be used in a sale of business. Restrains the vendor and key people. Includes clauses covering:

  • Restraint of trade
  • Restraint
  • Damage to Business
  • Restraint reasonable
  • Interpretation
  • General provisions
  • Counterparts
  • Further assurance
  • Governing law and jurisdiction
  • Notices
  • Service of notices
  • Severability
  • Variation
  • Waiver

4 pages long.

 

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