What Is A Territory Agreement

The agreement not to compete is usually a blatant restriction on trade that has no justification for competition. As such, it is in itself illegal under the Sherman Act. During the term of this Agreement and thereafter, Distributor may not, directly or indirectly, contest or contest for any reason the validity, ownership or enforceable of any of the Company`s trademarks, or attempt, directly or indirectly, to acquire or damage the goodwill value associated with any of the Company`s trademarks. not to advise, procure or assist any third party in doing the foregoing. .