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Restraint of Trade Agreement Stand Alone Clause
Business Law
- Protection of Proprietary Know-How: Secures the company's trade secrets, business connections, and specialized techniques acquired by the employee during their tenure.
- Non-Solicitation of Personnel: Prevents the employee from poaching or inducing current staff members to leave the company for a period of one year post-termination.
- Customer Base Preservation: Restricts the employee from canvassing, soliciting, or selling to a defined list of 'Prescribed Customers' after their employment ends.
- Defined Geographic and Temporal Scope: Establishes clear limitations on competitive activities within the Republic of South Africa for a duration of twelve months.
- Severability and Enforcement: Includes provisions that allow individual clauses to remain enforceable independently and permits the use of legal interdicts to prevent breaches.
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