Restraint of Trade Agreements

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Restraint of Trade Agreements

Restraints in a legal context restrict a person doing something for a certain time in a certain territory. They are most commonly seen in the context of a sale of business or employment situations. This collection contains four restraint of trade deeds. Three are all suitable to use with a Sale of Business. One is for employment situations.

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Restraint – Deed 1

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.

Restraint – Deed 2

A deed to be used in a sale of business. Includes clauses covering:

  • Definitions
  • Interpretation
  • Restraint Of Trade
  • Non-interference
  • Reasonableness of restraint
  • Enforceability of restraint
  • General Provisions
  • Counterparts
  • Further assurance
  • Governing law and jurisdiction
  • Notices
  • Service of notices
  • Severability
  • Survival & merger
  • Variation
  • Waiver

5 pages long.

 

Restraint  Agreement –  Deed 3

A short form restraint of trade deed containing only restraint provisions and short recitals.

3 pages long.

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