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Common use of Reasonable Restraint Clause in Contracts

Reasonable Restraint. It is agreed by the parties hereto that the foregoing covenants in this Section 13 impose a reasonable restraint on the Stockholders in light of the activities and business of TCI and the Subsidiaries thereof on the date of the execution of this Agreement and the current plans of TCI and its Subsidiaries.

Appears in 20 contracts

Samples: Merger Agreement (Transportation Components Inc), Agreement and Plan of Organization (Transportation Components Inc), Agreement and Plan of Organization (Transportation Components Inc)

Reasonable Restraint. It is agreed by the parties hereto that the foregoing covenants in this Section 13 impose a reasonable restraint on the Stockholders STOCKHOLDERS in light of the activities and business of TCI and TSII (including the Subsidiaries thereof subsidiaries thereof) on the date of the execution of this Agreement and the current plans of TCI and its SubsidiariesTSII.

Appears in 2 contracts

Samples: Agreement and Plan of Organization (Travel Services International Inc), Agreement and Plan of Organization (Travel Services International Inc)