Common use of Executive Acknowledgment of Reasonable Limitations Clause in Contracts

Executive Acknowledgment of Reasonable Limitations. Executive acknowledges that the limitations set forth in Section 5 of this Agreement are reasonable and necessary to protect the valid business interests and goodwill of UGSI. Executive further acknowledges that UGSI is in an industry in which both the creation and use of information and innovation is critical to business success, and that the protection of that information/innovation is a valid interest of UGSI. Executive further acknowledges that signing this Agreement is required for his having access to UGSI's confidential business and technological information.