Common use of Consequences of Breach of Non-Disparagement, Confidentiality, Cooperation, Non-Competition and Non-Solicitation Provisions Clause in Contracts

Consequences of Breach of Non-Disparagement, Confidentiality, Cooperation, Non-Competition and Non-Solicitation Provisions. Employee further acknowledges and agrees in the event that he/she breaches the provisions of Paragraph 5 above, (a) the Company will be subject to irreparable injury and shall be entitled to apply without bond for an injunction to restrain such breach and for such further relief as the courts may deem just and proper, (b) the Company shall not be obligated to continue the availability or payment of Severance Benefits to Employee, and (c) Employee shall be obligated to pay to the Company its costs and expenses in enforcing the Company’s non-disparagement, confidentiality, cooperation, non-competition, non-solicitation provisions of this Agreement and the provisions of Paragraph 5 above (including court costs, expenses and reasonable legal fees).

Appears in 3 contracts

Samples: Release and Severance Agreement (Federal Signal Corp /De/), Release and Severance Agreement (Federal Signal Corp /De/), Release and Severance Agreement (Federal Signal Corp /De/)

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