Introduction
This Restraint of Trade Deed is used in connection with the sale of a business to protect the purchaser’s commercial interests following completion.
It records agreed restraints on the vendor and related entities in relation to carrying on, being involved in or assisting a competing business.
The deed includes provisions dealing with non-interference, restrictions on business activities and the use of business names within a defined restraint period and area.
It also includes detailed provisions addressing the reasonableness and enforceability of the restraints, together with general contractual provisions governing notices, variation, severability and execution.
📄 Restraint of Trade Deed
• Restraint of trade provisions
• Non-interference clauses
• Reasonableness and enforceability provisions
• Restrictions on business activities and names
• General contractual provisions
What is a Restraint of Trade Deed?
A Restraint of Trade Deed is a legal document used to restrict a vendor from engaging in activities that compete with a business after it has been sold.
It typically limits the vendor’s ability to carry on, be involved in or assist a competing business within a specified period and geographic area.
Such deeds are commonly used in business sale transactions to protect the purchaser’s commercial interests.
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
• Restraint of trade
• Non-compete obligations
• Business activity restrictions
• Non-interference provisions
• Vendor obligations
Key Provisions Included
• Definitions and interpretation
• Restraint of trade clause
• Non-interference clause
• Reasonableness of restraint
• Enforceability of restraint
Typical Use
• Sale of business transactions
• Vendor restraint arrangements
• Protection of purchaser interests
• 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
Also Known As
This document may also be referred to as:
• Restraint of trade agreement
• Vendor restraint deed
• Business sale restraint deed
• Non-compete deed
• Post-sale restraint agreement
Frequently Asked Questions
What is this deed used for?
This deed is used to restrict a vendor from engaging in competing business activities after the sale of a business.
What restrictions are included?
The deed includes restrictions on carrying on, being involved in or assisting a competing business and non-interference provisions.
Are the restraints enforceable?
The deed includes provisions addressing the reasonableness and enforceability of the restraints.
Does this include general contractual provisions?
Yes. The deed includes provisions dealing with notices, variation, severability and governing law.
Restraint of Trade Deed – Instant Download
• Restraint of trade deed template
• Includes non-interference provisions
• Includes enforceability and reasonableness clauses
• Includes general contractual provisions
• 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.