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Restrictive Covenants Shareholders Agreement
"I need a Restrictive Covenants Shareholders Agreement for my UK-based technology company with five founding shareholders, focusing particularly on protecting our intellectual property and customer relationships after any shareholder exit."
1. Parties: Identification of all shareholders party to the agreement
2. Background: Context of the agreement and relationship between parties
3. Definitions: Key terms used throughout the agreement
4. Duration of Restrictions: Time period for which restrictions apply
5. Geographic Scope: Territorial limits of restrictions
6. Non-Competition Covenant: Specific prohibited competitive activities
7. Non-Solicitation of Customers: Restrictions on approaching company customers
8. Non-Solicitation of Employees: Restrictions on hiring company employees
9. Confidentiality: Protection of company confidential information
10. Governing Law: Specification of English and Welsh law governance
1. Garden Leave: Terms for paid leave during notice period - use when shareholders are also employees
2. Intellectual Property Protection: Additional IP safeguards - use when company has significant IP assets
3. Non-Dealing Covenant: Broader restriction on any dealings with customers - use for higher-risk situations
4. Step-In Rights: Rights to take control of shareholder's interests - use for key shareholders or high-risk scenarios
1. Schedule 1: Restricted Territory: Detailed geographic boundaries of restrictions
2. Schedule 2: Restricted Customers: List of specific customers covered by restrictions
3. Schedule 3: Restricted Business Activities: Detailed description of prohibited business activities
4. Schedule 4: Confidential Information: Detailed categorization of protected information
5. Appendix A: Deed of Adherence: Template for new shareholders to join agreement
Authors
Board
Business
Business Day
Company
Competing Business
Confidential Information
Control
Deed of Adherence
Director
Effective Date
Group
Group Company
Intellectual Property Rights
Material Interest
Parties
Restricted Business
Restricted Customer
Restricted Period
Restricted Person
Restricted Territory
Shareholder
Shares
Subsidiary
Term
Territory
Trade Secrets
Transfer
Working Day
Non-Solicitation of Customers
Non-Solicitation of Employees
Non-Dealing
Confidentiality
Duration of Restrictions
Geographic Scope
Protection of Business Interests
Assignment and Transfer
Severability
Variation
Entire Agreement
Notices
Third Party Rights
Waiver
Remedies and Enforcement
Governing Law and Jurisdiction
Interpretation
Force Majeure
Survival of Obligations
Amendment and Modification
Counterparts
Further Assurance
Costs
Dispute Resolution
Find the exact document you need
Restrictive Covenants Shareholders Agreement
An English law agreement establishing restrictions on shareholders' activities to protect company interests through non-compete and confidentiality provisions.
Confidentiality And Restrictive Covenant Agreement
An English law agreement combining confidentiality obligations and restrictive covenants to protect business interests and confidential information.
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