In April, 1977, plaintiffs purchased a hardware store in Chestertown, New York, from the defendant Paul Bunyan Hardware Stores, Inc. (Bunyan). The agreement effectuating the sale contained a noncompetition clause whereby the seller and any other corporation, firm, partnership or other entity directly or indirectly related to the seller or any of its officers and directors convenanted not to engage or become interested in the hardware business for a period of five years within...
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