Clauses—post-termination restrictions
Clauses—post-termination restrictions

The following Employment guidance note provides comprehensive and up to date legal information covering:

  • Clauses—post-termination restrictions

  1. 1

    Post-termination restrictions

    1. 1.1

      You undertake to the Company[ (for itself and as trustee and agent for each Group Company)] that you will not, without the prior written consent of the Company, directly or indirectly, on your own behalf or on behalf of, or in conjunction with, any company, firm, or other person:

      1. 1.1.1

        for a period of [insert number] months from the Termination Date, be engaged, interested or concerned whether as principal, agent, representative, partner, director, employee, joint venturer, investor, consultant or any other capacity in any Competing Business, except that you may hold up to 5% of any class of shares or securities of any company listed or dealt in on a recognised investment exchange;

      2. 1.1.2

        for a period of [insert number] months from the Termination Date, on behalf of a Competing Business:

        1. (a)

          be involved with the provision of goods or services to, or otherwise have any business dealings with any [Customer OR Client][ in relation to Restricted Goods or Services]; or

        2. (b)

          be involved with the provision of goods or services to, or otherwise have any business dealings with any [Prospective Customer OR Prospective Client][ in relation