Restrictive Covenants Shareholders Agreement

Restrictive Covenants Shareholders Agreement Template for England and Wales

Create a bespoke document in minutes, or upload and review your own.

4.6 / 5

4.8 / 5

Let's create your Restrictive Covenants Shareholders Agreement

1. Select your governing law and document type:

2. Enter your key requirements:

3. Create your document to edit, review or download

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

"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."

Document background

The Restrictive Covenants Shareholders Agreement is essential for companies seeking to protect their business interests from competitive activities by current or departing shareholders. This document, governed by English and Welsh law, becomes particularly crucial during ownership transitions, company sales, or when shareholders have access to sensitive information. It typically includes detailed provisions on non-competition, non-solicitation of customers and employees, and confidentiality obligations, all carefully drafted to ensure enforceability under UK law while balancing the company's protection with reasonable restrictions on shareholder activities.

Suggested Sections

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

Optional Sections

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

Suggested Schedules

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

Alex Denne

Head of Growth (Open Source Law) @ ��Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co

Relevant legal definitions

Clauses

Relevant Industries

Relevant Teams

Relevant Roles

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.

find out more

Confidentiality And Restrictive Covenant Agreement

An English law agreement combining confidentiality obligations and restrictive covenants to protect business interests and confidential information.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.

Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research

Oops! Something went wrong while submitting the form.

�ұ�Ծ��’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; �ұ�Ծ��’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.

Read our Privacy Policy.

��Ƶ

How ��Ƶ reduced drafting time by 75% for a legal firm

private

sovereign

Careers

Restrictive Covenants Shareholders Agreement Template for England and Wales

Let's create your Restrictive Covenants Shareholders Agreement