There are multiple definitions - click on the translation that matches your context.

Wettbewerbsabrede

Substantiv

partial

covenant not to compete

noun

Comparative law notes

Germany

This phrase is more general and can apply during and after a contractual arrangement, and to employment and other contracts (e.g., business purchase agreements).

Definitions of covenant not to compete

English

a promise in an agreement not to do the same type of business in a certain area for a certain period of time, particularly in agreements related to the sale of a business or employment

John had no employment agreement with his former employer and was not contolled by any covenant not to compete.