Introduction
This Restraint of Trade Deed (Short Form) is used in connection with the sale of a business to protect the purchaser’s goodwill, intellectual property and commercial interests.
It records covenants by the vendor restricting them from competing with the business following completion of the sale.
The deed includes restraints on carrying on a competing business within a specified time and geographic area, and restrictions on the use of confidential information and business identifiers.
It provides a short-form framework for enforcing post-sale restraints and ensuring the purchaser receives the full benefit of the business acquired.
📄 Restraint of Trade Deed (Short Form)
• Non-compete restrictions after sale
• Confidentiality obligations
• Restrictions on business names and branding
• Time and geographic restraint provisions
• Enforcement and compensation provisions
What is a Restraint of Trade Deed?
A Restraint of Trade Deed is a legal document used to prevent a seller of a business from competing with the business after it has been sold.
It protects the purchaser by restricting the vendor from carrying on a competing business, using confidential information or adopting similar business names or branding.
These restraints are typically limited by time, geographic area and scope of business activity.
Professionally Drafted Legal Precedent
Prepared by experienced Australian commercial lawyers, this precedent provides a comprehensive and reliable framework for real-world use.
The document is fully editable in Microsoft Word and includes an Editing Legal Documents Guide to assist with completing and tailoring the agreement.
Designed for immediate use, it can be adapted to suit a wide range of legal and commercial scenarios.
At A Glance
What This Deed Covers
• Post-sale non-compete
• Business protection
• Confidential information
• Intellectual property use
• Vendor restrictions
Key Provisions Included
• Time and geographic restraints
• Confidentiality provisions
• Restrictions on business names
• Independent restraint clauses
• Compensation for breach
Typical Use
• Sale of business transactions
• Vendor non-compete agreements
• Protection of goodwill
• Business acquisitions
• Post-sale restrictions
Download Details
• Professionally drafted legal precedent• Suitable for Australian use
• Fully editable Microsoft Word document
• Includes Editing Legal Documents Guide
• Instant download available immediately after purchase
Drafted by Legal Professionals
Our precedents are prepared by Australian legal practitioners and reflect commonly used legal drafting standards.
Practical and Easy to Use
Each template provides a structured framework that can be adapted to suit the specific transaction or matter.
Instant Access
Download immediately after purchase and edit the document in Microsoft Word to suit your requirements.
Related Precedents
Frequently Asked Questions
What does this deed do?
This deed prevents the vendor from competing with the business after it has been sold.
What restrictions are included?
The deed includes restrictions on carrying on a competing business, using confidential information and using similar business names or branding.
Are the restraints limited?
Yes. The restraints apply for a specified time period and within a defined geographic area.
What happens if the vendor breaches the deed?
The vendor may be liable to compensate the purchaser for any loss or damage suffered.
Restraint of Trade Deed – Instant Download
• Restraint of trade deed template
• Designed for business sale transactions
• Includes non-compete and confidentiality provisions
• Includes time and geographic restraints
• Fully editable Microsoft Word document
• Deed format execution
• Instant download available immediately after purchase
Used by lawyers, businesses and commercial operators across Australia.
Download This Precedent
Instant download. Fully editable Microsoft Word format. Includes practical drafting guidance.