a) A dispute between the insured and an employee or ex-employee which arises from a breach of a restrictive covenant by that employee and the insured seeks financial remedy or damages. Provided that the restrictive covenant
i) is designed to protect the insured's legitimate business interests; and
ii) is evidence in writing and signed by the insured's employee or ex-employee; and
iii) extends no further than is reasonably necessary to protect the insured's business interests; and
iv) does not contain restrictions in excess of 12 months.
b) A dispute with another party who alleges that the insured has breached their legal rights protected by a restrictive covenant.