Common use of RESTRAINT OF TRADE Clause in Contracts

RESTRAINT OF TRADE. (a) In order to protect the employer's proprietary interests, for twelve months after the termination of this contract you shall not engage to work for or on behalf of an organisation in direct competition with this Company, nor establish your own business in competition with this Company. Nor shall you solicit in competition with the Company the custom of any person who has at any time during the period of your employment by the Company been a customer of the Company or who will become a customer of the Company as a result of any tender, negotiations, arrangements or proceedings made or taking place at the date of such termination. (b) Consideration for this restraint is included in the remuneration package provided in clause 3 of this contract. (c) It is acknowledged that in view of your position with the Company and your direct association with the customers of the Company during your employment, the restraint provided for in subclause (a) is fair and reasonable and does not inhibit your ability to earn a reasonable living. [INITIALED]

RESTRAINT OF TRADE. (a) In order to protect the employer's proprietary interests, for twelve months one year after the termination of this contract you shall not engage to work for or on behalf of an organisation in direct competition with this Company, nor establish your own business in competition with this Company. Nor shall you solicit in competition with the Company the custom of any person who has at any time during the period of your employment by the Company been a customer of the Company or who will become a customer of the Company as a result of any tender, negotiations, arrangements or proceedings made or taking place at the date of such termination. (b) Consideration for this restraint is included in the remuneration package provided in clause 3 of this contract. (c) It is acknowledged that in view of your position with the Company and your direct association with the customers of the Company during your employment, the restraint provided for in subclause (a) is fair and reasonable and does not inhibit your ability to earn a reasonable living. [INITIALED].

RESTRAINT OF TRADE. (a) In order to protect the employer's proprietary interests, for twelve months after the termination of this contract you shall not engage to work for or on behalf of an organisation in direct competition with this Company, nor establish your own business in competition with this Company. Nor shall you solicit in competition with the Company the custom of any person who has at any time during the period of your employment by the Company been a customer of the Company or who will become a customer of the Company as a result of any tender, negotiations, arrangements or proceedings made or taking place at the date of such termination. (b) Consideration for this restraint is included in the remuneration package provided in clause 3 of this contract. (c) It is acknowledged that in view of your position with the Company and your direct association with the customers of the Company during your employment, the restraint provided for in subclause (a) is fair and reasonable and does not inhibit your ability to earn a reasonable living. [INITIALED].

RESTRAINT OF TRADE. (a) In order to protect the employer's proprietary interests, for twelve three months after the termination of this contract you shall not engage to work for or on behalf of an organisation in direct competition with this Company, nor establish your own business in competition with this Company. Nor shall you solicit in competition with the Company the custom of any person who has at any time during the period of your employment by the Company been a customer of the Company or who will become a customer of the Company as a result of any tender, negotiations, arrangements or proceedings made or taking place at the date of such termination. (b) Consideration for this restraint is included in the remuneration package provided in clause 3 of this contract. (c) It is acknowledged that in view of your position with the Company and your direct association with the customers of the Company during your employment, the restraint provided for in subclause (a) is fair and reasonable and does not inhibit your ability to earn a reasonable living. [INITIALED].