Last Updated:2025/12/30
Sentence
Careful
to
protect
the
goodwill
it
is
developing
with
these
providers,
the
life
sciences
company
decides
to
use
restrictive
covenants
—
i.e.,
noncompetes,
in
the
popular
vernacular
—
to
ensure
the
sales
reps
cannot
compete
for
a
period
of
time
after
changing
jobs
and
potentially
transfer
the
value
of
burgeoning
customer
relationships
to
some
new
employer.
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Careful to protect the goodwill it is developing with these providers, the life sciences company decides to use restrictive covenants — i.e., noncompetes, in the popular vernacular — to ensure the sales reps cannot compete for a period of time after changing jobs and potentially transfer the value of burgeoning customer relationships to some new employer.
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