Logic Associates, Inc. v. Time Share Corp.

In this case we address the validity of a license and service agreement containing a covenant not to compete in a defined market area. There are two questions presented: first, whether the interpretation of the covenant not to compete was, by virtue of the agreement, a matter for arbitration; and second, the meaning of the contract clause “in competition with.” For the reasons which follow, we affirm the decision of the superior court that arbitration was not required and affirm the court’s construction of the phrase “in competition with.”

The defendant, Time Share Corporation (Time Share), is…