A couple of points:
1. The intent of covenants such as these is not to discriminate. That doesn't mean that they shouldn't be revised to avoid apperance of discrimination. I think this is a fairly easy change.
2. Signing a covenant such as this doesn't mean that you agree with the covenant, but rather that you agree to follow the rules of the covenant for the time period in which you have a relationship with the entity. This may seem subtle, but it's actually a huge difference.
3. Life is filled with many similar covenants - many of them implied. Basically any relationship you have with an employer or place of learning will have at the very least, an implied moral covenant.
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