Question: Dominic Costanzo and other agents selling insurance exclusively for Nationwide Mutual Insurance Company sued Nationwide for a court determination of their rights to the ownership of the names and other information of Nationwide's policyholders. Nationwide had instituted a new computer system which allowed its agents to remotely access files.
Nationwide required the agents to sign an agreement stating policyholder information belonged to Nationwide and that the agents would not copy or disclose it. Nationwide provided servers, routers, and software for the system, and the agents were billed $100 a month. Was the agreement supported by consideration?