UK Deed of Non-Competition

Are you planning to buy a company in the UK? Protect your interest in the business by having the vendor sign this Deed of Non-Competition.

The Non-Competition Agreement is pursuant to a Share Purchase & Sale Agreement between the purchaser and the vendor of the company.
On completion of the sale, the vendor will be hired or retained by the purchaser for a specified period of time to assist with the transfer of the business.
The vendor agrees not to be involved in any capacity with a business that competes either directly or indirectly with the business of the purchaser, either during the retainer period or for a specified period of time thereafter.
The vendor agrees not to solicit customers or employees of the business.
The vendor agrees not to disclose any confidential information of the business.
The vendor is not restricted from holding shares or securities in a publicly traded company, up to a certain percentage of voting shares.

This United Kingdom Deed of Non-Competition template is provided in MS Word format, and is fully editable to fit your needs.