Common use of RESTRAINT OF TRADE Clause in Contracts

RESTRAINT OF TRADE. Upon the termination of this agreement the licensee will not operate either directly or indirectly in the management or control of a business, which conducts business of a similar nature to FunkyKidz Creative Play for a period of twelve (12) months licensor’s. The Instructor’s acknowledges that this restraint is a reasonable one in order to protect the owner’s business systems.

RESTRAINT OF TRADE. Upon the termination of this agreement the licensee will not operate either directly or indirectly in the management or control of a business, which conducts business of a similar nature to FunkyKidz Creative Little Chefz Play for a period of twelve (12) months licensor’s. The Instructor’s acknowledges that this restraint is a reasonable one in order to protect the owner’s business systems.

RESTRAINT OF TRADE. Upon the termination of this agreement the licensee will not operate either directly or indirectly in the management or control of a business, which conducts business of a similar nature to FunkyKidz Creative Play ActivePlay for a period of twelve (12) months licensor’s. The Instructor’s acknowledges that this restraint is a reasonable one in order to protect the owner’s business systems.

RESTRAINT OF TRADE. Upon the termination of this agreement the licensee will not operate either directly or indirectly in the management or control of a business, which conducts business of a similar nature to FunkyKidz Creative Messy Play for a period of twelve (12) months licensor’s. The Instructor’s acknowledges that this restraint is a reasonable one in order to protect the owner’s business systems.