Common use of Significant Value Clause in Contracts

Significant Value. The RP acknowledges that the RP will derive significant value from ETaxBreaks’ promise in Section four (4) to provide the RP with that Confidential Information of ETaxBreaks to enable the RP to optimize the performance of the RP’s contractual duties to ETaxBreaks. The RP further acknowledges that the RP’s fulfillment of the obligations contained in this Agreement, including, but not limited to, the RP’s obligation neither to disclose nor to use ETaxBreaks’ Confidential Information other than for ETaxBreaks’ exclusive benefit and his or her obligation not to compete contained in Section 6(a), (b), and (c), is necessary to protect ETaxBreaks’ Confidential Information and, consequently, to preserve the value and goodwill of ETaxBreaks. The RP further acknowledges the time, geographic, and scope limitations of his or her obligations under Section 6(a), (b), and (c) are reasonable, especially in light of ETaxBreaks’ desire to protect its Confidential Information, and that the RP, nor the RP employees, will not be precluded from gainful employment if the RP is obligated not to compete with ETaxBreaks during the period and within the geographic scope as described in Section 6 (a) & (c).