Actions; Injunctive Relief; Fees Clause Samples

Actions; Injunctive Relief; Fees. The Employee and the Company shall be entitled to injunctive relief from the courts or arbitrators to enforce their respective rights hereunder. In the event an action is brought to enjoin any conduct, the defendant waives any requirement of the posting of a bond of any type by the plaintiff in such action. The Employee agrees that, in the event he violates the terms of Sections 8 or 9 of this Agreement, irreparable damage will be sustained by the Company. In the event an action is brought to enforce the terms of this Agreement or to resolve any dispute or controversy arising among the parties hereto regarding the Employee’s employment with the Company or any term, covenant or condition of this Agreement or the breach thereof, the prevailing party shall be entitled to recover his or its reasonable attorney=s fees and costs incurred in the prosecution or defense of said action from the other party. A party that is forced to seek an order compelling arbitration and that succeeds in enforcing this Agreement shall be awarded its attorney fees and costs by the court compelling arbitration.