Common use of Accounting for Profits Clause in Contracts

Accounting for Profits. The Executive covenants and agrees that if he violates any covenants or agreements under this Agreement, the Company shall be entitled to an accounting and repayment of all profits, compensations, royalties, commissions, remuneration or benefits which directly or indirectly shall have been realized or may be realized relating to, growing out of or in connection with any such violations; such remedy shall be in addition to and not in limitation of any injunctive relief or other rights or remedies to which the Company is or may be entitled at law or in equity or otherwise under this Agreement.

Appears in 5 contracts

Samples: Employment Agreement (Arkados Group, Inc.), Employment Agreement (Edentify, Inc.), Employment Agreement (Edentify, Inc.)

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Accounting for Profits. The Executive covenants and agrees that if he violates shall violate any of the covenants or agreements under this AgreementSections 6, 7 or 8 the Company shall be entitled to an accounting and repayment of all profits, compensations, royaltiescompensation, commissions, remuneration remuneration, or other benefits which that Executive directly or indirectly shall have been has realized or and/or may be realized relating torealize as a result of, growing out of of, or in connection with with, any such violations; such violation. Such a remedy shall, however, be cumulative and not exclusive and shall be in addition to and not in limitation of any injunctive relief or other rights legal or remedies equitable remedy to which the Company is or may be entitled at law or in equity or otherwise under this Agreemententitled.

Appears in 4 contracts

Samples: Employment Agreement (CastleRock Security Holdings, Inc.), Employment Agreement (CastleRock Security Holdings, Inc.), Castlerock Security (CastleRock Security Holdings, Inc.)

Accounting for Profits. The Executive covenants and agrees that if he violates he/she shall violate any of his/her covenants or agreements under this AgreementSections 6 or 7 hereof, the Company shall be entitled to an accounting and repayment of all profits, compensations, royaltiescompensation, commissions, remuneration remunerations or benefits which Executive directly or indirectly shall have been has realized or and/or may be realized relating torealize as a result of, growing out of or in connection with any such violations; such violation. Such remedy shall be in addition to and not in limitation of any injunctive relief or other rights or remedies to which the Company is or may be entitled at law or in equity or otherwise under this Agreement.

Appears in 2 contracts

Samples: Employment Agreement (First American Capital Corp /Ks), Employment Agreement (First American Capital Corp /Ks)

Accounting for Profits. The Executive covenants and agrees that that, if he violates any of the covenants or agreements under this AgreementARTICLE 10 are violated by the Executive, the Company shall be entitled to an accounting and repayment of all profits, compensations, royaltiescompensation, commissions, remuneration or benefits which that the Executive, directly or indirectly shall have been indirectly, has realized or and/or may be realized relating torealize as a result of, growing out of of, or in connection with with, any such violationsviolation; such remedy shall be in addition to and not in limitation of any injunctive relief or other rights or remedies to which that the Company is or may be entitled at law or law, in equity or otherwise under this Agreement.

Appears in 2 contracts

Samples: Employment Agreement (Old Dominion Freight Line Inc/Va), Employment Agreement (Old Dominion Freight Line Inc/Va)

Accounting for Profits. The Executive covenants and agrees that that, if he violates any of the covenants or agreements under this AgreementARTICLE 13 are violated by the Executive, the Company shall be entitled to an accounting and repayment of all profits, compensations, royaltiescompensation, commissions, remuneration or benefits which that the Executive, directly or indirectly shall have been indirectly, has realized or and/or may be realized relating torealize as a result of, growing out of of, or in connection with with, any such violationsviolation; such remedy shall be in addition to and not in limitation of any injunctive relief or other rights or remedies to which that the Company is or may be entitled at law or law, in equity or otherwise under this Agreement.

Appears in 2 contracts

Samples: Employment Agreement (Old Dominion Freight Line Inc/Va), Employment Agreement (Old Dominion Freight Line Inc/Va)

Accounting for Profits. The Executive covenants and agrees that that, if he violates shall violate any of his covenants or agreements under this Employment Agreement, the Company shall be entitled to an accounting and repayment of all profits, compensations, royaltiescompensation, commissions, remuneration enumerations or benefits which the Executive directly or indirectly shall have been has realized or and/or may be realized relating torealize as a result of, growing out of or in connection with any such violationsviolation; such remedy shall be in addition to and not in limitation of any injunctive relief or other rights or remedies to which the Company is or may be entitled at law or law, in equity or otherwise under this Employment Agreement.

Appears in 1 contract

Samples: Employment Agreement (Idx Systems Corp)

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Accounting for Profits. The Executive covenants and agrees that if he Executive materially violates any covenants or agreements under this Agreement, the Company Bank shall be entitled to an accounting and repayment of all profits, compensations, royalties, commissions, remuneration or benefits which directly or indirectly shall have been realized or may be realized relating to, growing out of or in connection with any such violations; such remedy shall be in addition to and not in limitation of any injunctive relief or other rights or remedies to which the Company Bank is or may be entitled at law or in equity or otherwise under this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Bryn Mawr Bank Corp)

Accounting for Profits. The Executive covenants and agrees that that, if he violates shall violate any of his covenants or agreements under this AgreementSections 7 or 8 hereof, the Company shall be entitled to an accounting and repayment of all profits, compensations, royaltiescompensation, commissions, remuneration remunerations or benefits which Executive directly or indirectly shall have been has realized or and/or may be realized relating torealize as a result of, growing out of or in connection with any such violations; such violation. Such remedy shall be in addition to and not in limitation of any injunctive relief or other rights or remedies to which the Company is or may be entitled at law or in equity or otherwise under this Agreement.

Appears in 1 contract

Samples: Employment Agreement (First American Capital Corp /Ks)

Accounting for Profits. The Executive covenants and agrees that that, if he violates shall violate any of his covenants or agreements under this Employment Agreement, the Company shall be entitled to an accounting and repayment of all profits, compensations, royaltiescompensation, commissions, remuneration remunerations or benefits which the Executive directly or indirectly shall have been has realized or and/or may be realized relating torealize as a result of, growing out of or in connection with any such violationsviolation; such remedy shall be in addition to and not in limitation of any injunctive relief or other rights or remedies to which the Company is or may be entitled at law or law, in equity or otherwise under this Employment Agreement.

Appears in 1 contract

Samples: Employment Agreement (Candela Corp /De/)

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