Common use of Covenants are Reasonable Clause in Contracts

Covenants are Reasonable. You understand and agree that the covenants in this section are necessary and essential to protect Triumph’s Confidential Information and other legitimate Business interests, including the goodwill and relationships it has developed in its customers and employees; that the duration and scope of the covenants in this section are reasonable and necessary to protect Triumph; that they do not unduly oppress or restrict your ability to earn a livelihood in your chosen profession; that they are not an undue restraint on your trade or any of the public interests that may be involved; that good and valuable consideration exists for your agreement to be bound by such covenants; and that Triumph has a legitimate business purpose in requiring you to abide by the covenants set forth in this section.

Appears in 4 contracts

Samples: Letter Agreement (Triumph Group Inc), Letter Agreement (Triumph Group Inc), Letter Agreement (Triumph Group Inc)

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