restraint of traderestraint of trade: a restriction on a party’s right to ca... More: a restriction on a party’s right to carry on business, commonly found in contracts of employment, consultancy agreements, share purchase agreements or sale of business agreements; the restrictions are designed to protect a party’s business interests, such as customer contacts or confidential informationconfidential information: commercially sensitive information... More; the starting position is that a restraint of traderestraint of trade: a restriction on a party’s right to ca... More is unenforceable on grounds of public policy – the party seeking to enforce the restraint of traderestraint of trade: a restriction on a party’s right to ca... More clause can rebut this presumption by showing that the restraint of traderestraint of trade: a restriction on a party’s right to ca... More clause goes no further than reasonably necessary in order to protect that party’s legitimate business interests; proving this will often be easier where the restraint of traderestraint of trade: a restriction on a party’s right to ca... More clause is contained in a commercial agreement, such as a share purchase agreementshare purchase agreement: in company law, an agreement gover... More, as opposed to a contract of employmentcontract of employment: a contract governing the relationshi... More.