Common use of Injunctive Relief and Additional Remedy; Essential and Independent Covenants Clause in Contracts

Injunctive Relief and Additional Remedy; Essential and Independent Covenants. (a) The Executive acknowledges that the injury that would be suffered by the Company as a result of a breach of the provisions of this Agreement (including, without limitation, any provision of Sections 9, 10, 11,and 12) would be irreparable and that an award of monetary damages to the Company for such a breach would be an inadequate remedy. Consequently, the Company will have the right, in addition to any other rights it may have, to obtain injunctive relief to restrain any breach or threatened breach or otherwise to specifically enforce any provision of this Agreement, and the Company will not be obligated to post bond or other security in seeking such relief. Without limiting the Company's rights under this Section 13 or any other remedies of the Company, if the Executive breaches any of the provisions of Sections 9, 10, 11 or 12, the Company will have the right to cease making any payments otherwise due to the Executive under this Agreement.

Appears in 11 contracts

Samples: Employment Agreement (Sauer Danfoss Inc), Employment Agreement (Sauer Danfoss Inc), Employment Agreement (Sauer Danfoss Inc)

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Injunctive Relief and Additional Remedy; Essential and Independent Covenants. (a) The Executive acknowledges that the injury that would be suffered by the Company as a result of a breach of the provisions of this Agreement (including, without limitation, any provision of Sections 9, 10, 11,and 12) would be irreparable and that an award of monetary damages to the Company for such a breach would be an inadequate remedy. Consequently, the Company will have the right, in addition to any other rights it may have, to obtain injunctive relief to restrain any breach or threatened breach or otherwise to specifically enforce any provision of this Agreement, and the Company will not be obligated to post bond or other security in seeking such relief. Without limiting the Company's ’s rights under this Section 13 or any other remedies of the Company, if the Executive breaches any of the provisions of Sections 9, 10, 11 or 12, the Company will have the right to cease making any payments otherwise due to the Executive under this Agreement.

Appears in 3 contracts

Samples: Employment Agreement (Sauer Danfoss Inc), Employment Agreement (Sauer Danfoss Inc), Employment Agreement (Sauer Danfoss Inc)

Injunctive Relief and Additional Remedy; Essential and Independent Covenants. (a) The Executive acknowledges that the injury that would be suffered by the Company as a result of a breach of the provisions of this Agreement (including, without limitation, including any provision of Sections 98, 9 and 10, 11,and 12) would be irreparable and that an award of monetary damages to the Company for such a breach would be an inadequate remedy. Consequently, the Company will have the right, in addition to any other rights it may have, to obtain injunctive relief to restrain any breach or threatened breach or otherwise to specifically enforce any provision of this Agreement, and the Company will not be obligated to post bond or other security in seeking such relief. Without limiting the Company's rights under this Section 13 11 or any other remedies of the Company, if the Executive breaches any of the provisions of Sections 98, 9 or 10, 11 or 12, the Company will have the right to cease making any payments otherwise due to the Executive under this Agreement.

Appears in 1 contract

Samples: Termination Agreement (Sauer Danfoss Inc)

Injunctive Relief and Additional Remedy; Essential and Independent Covenants. (a) The Executive Employee acknowledges that the injury that would be suffered by the Company as a result of a breach of the provisions of this Agreement (including, without limitation, including any provision of Sections 95, 106, 11,and 12) 7 and 8) would be irreparable and that an award of monetary damages to the Company for such a breach would be an inadequate remedy. Consequently, the Company will have the right, in addition to any other rights it may have, to obtain injunctive relief to restrain any breach or threatened breach or otherwise to specifically enforce any provision of this Agreement, Agreement and the Company will not be obligated to post bond or other security in seeking such relief. Without limiting the Company's ’s rights under this Section 13 9 or any other remedies of the Company, if the Executive Employee breaches any of the provisions of Sections 95, 106, 11 or 127 and 8, the Company will have the right to cease making any payments otherwise due to the Executive Employee under this Agreement.

Appears in 1 contract

Samples: Change in Control Agreement (Sauer Danfoss Inc)

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Injunctive Relief and Additional Remedy; Essential and Independent Covenants. (a) The Executive acknowledges that the injury that would be suffered by the Company as a result of a breach of the provisions of this Agreement (including, without limitation, any provision of Sections 9, 10, 11,and 11, and 12) would be irreparable and that an award of monetary damages to the Company for such a breach would be an inadequate remedy. Consequently, the Company will have the right, in addition to any other rights it may have, to obtain injunctive relief to restrain any breach or threatened breach or otherwise to specifically enforce any provision of this Agreement, and the Company will not be obligated to post bond or other security in seeking such relief. Without limiting the Company's ’s rights under this Section 13 or any other remedies of the Company, if the Executive breaches any of the provisions of Sections 9, 10, 11 or 12, the Company will have the right to cease making any payments otherwise due to the Executive under this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Sauer Danfoss Inc)

Injunctive Relief and Additional Remedy; Essential and Independent Covenants. (a) The Executive acknowledges that the injury that would be suffered by the Company as a result of a breach of the provisions of this Agreement (including, without limitation, including any provision of Sections 7, 8, and 9, 10, 11,and 12) would be irreparable and that an award of monetary damages to the Company for such a breach would be an inadequate remedy. Consequently, the Company will have the right, in addition to any other rights it may have, to obtain injunctive relief to restrain any breach or threatened breach or otherwise to specifically enforce any provision of this Agreement, and the Company employer will not be obligated to post bond or other security in seeking such relief. Without limiting the Company's rights under this Section 13 10 or any other remedies of the Company, if the Executive breaches any of the provisions of Sections 7, 8, or 9, 10, 11 or 12, the Company will have the right to cease making any payments otherwise due to the Executive under this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Sauer Inc)

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