Necessary and Reasonable. Each Member agrees that the covenants provided for in Section 5.2 hereof are necessary and reasonable in order to protect the Surviving Corporation in the conduct of its business, to protect the trade secrets and other proprietary information of the Surviving Corporation and to protect the Surviving Corporation in the utilization of the assets, tangible and intangible, including the goodwill of the Surviving Corporation.
Appears in 3 contracts
Sources: Merger Agreement (Mobilepro Corp), Merger Agreement (Neah Power Systems, Inc.), Agreement and Plan of Merger (Neah Power Systems, Inc.)
Necessary and Reasonable. Each Member agrees Members agree that the covenants provided for in Section 5.2 4.4 hereof are necessary and reasonable in order to protect the Company and the Surviving Corporation Company in the conduct of its mobile billboard truck business, to protect the trade secrets and other proprietary information of the Company and the Surviving Corporation Company and to protect the Company and the Surviving Corporation Company in the utilization of the assets, tangible and intangible, including the goodwill of the Company and the Surviving CorporationCompany.
Appears in 1 contract
Sources: Merger Agreement (Ariel Way Inc)