Document background
The Non-Compete Contract is a crucial legal instrument in Australian business relationships, commonly used to protect legitimate business interests such as trade secrets, customer relationships, and confidential information. This document is typically implemented in employment terminations, business sales, or contractor engagements where one party gains access to sensitive business information or key relationships. The agreement must comply with Australian competition law and common law principles, which require that restraints be reasonable in duration, geographic scope, and protected interests. Courts will only enforce non-compete provisions that demonstrate a legitimate business interest and reasonable restrictions. The document includes specific details about restricted activities, temporal and geographical limitations, and consideration provided in exchange for the restraint.
