Employment Contracts · glossary

Restricted Business

The Contract defines it as “any business that makes, sells, rents or services coffee machines for business customers in the United Kingdom, in competition with the Company”. So it means a real rival to Cressby. A firm selling coffee machines only to homes is outside it. Contract 1.1, “Restricted Business” · Chapter 8 · see Non-compete

Explained in Chapter 8, Restrictive Covenants: Non-Compete, Non-Solicitation and Non-Dealing, of Employment Contracts.

How it comes up, in Chapter 8
A Restricted Business is a real rival to Cressby, and nothing wider. A firm that sells coffee machines only to homes is outside it. So is a hotel group that buys coffee machines for its own use. She may work for either of them the day after she leaves.
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As defined in the training Contract
any business that makes, sells, rents or services coffee machines for business customers in the United Kingdom, in competition with the Company;
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Where this term lives

This term is part of one complete fictional deal, with every document attached and a test after every chapter. Open Employment Contracts → · All terms A–Z →