Common use of Injunctive Relief; Damages Clause in Contracts

Injunctive Relief; Damages. Executive agrees that violation of or threatened violation of any of paragraphs 8, 9, 10 or 11 would cause irreparable injury to the Company for which any remedy at law would be inadequate, and the Company shall be entitled in any court of law or equity of competent jurisdiction to preliminary, permanent and other injunctive relief against any breach or threatened breach of the provisions contained in any of said paragraphs 8, 9, 10 or 11 hereof, and such compensatory damages as shall be awarded. Further, in the event of a violation of the provisions of paragraph 11, the Non-Compete and Non-Solicitation Periods referred to therein shall be extended for a period of time equal to the period that any violation occurred.

Appears in 2 contracts

Samples: Employment Agreement (Amtrust Financial Services, Inc.), Employment Agreement (Amtrust Financial Services, Inc.)

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Injunctive Relief; Damages. Executive agrees that violation of or threatened violation of any of paragraphs 8, 9, 10 or 11 would cause irreparable injury to the Company for which any remedy at law would be inadequate, and the Company shall be entitled in any court of law or equity of competent jurisdiction to preliminary, permanent and other injunctive relief against any breach or threatened breach of the provisions contained in any of said paragraphs 8, 9, 10 or 11 hereof, and such compensatory damages as shall be awarded. Further, in the event of a violation of the provisions of paragraph 11, the Non-Compete Period (including any Extension Period) and Non-Solicitation Periods Period referred to therein shall be extended for a period of time equal to the period that any violation occurred.

Appears in 1 contract

Samples: Employment Agreement (Amtrust Financial Services, Inc.)

Injunctive Relief; Damages. Executive agrees that violation of or threatened violation of any of paragraphs 8, 9, 10 or 11 would cause irreparable injury to the Company for which any remedy at law would be inadequate, and the Company shall be entitled in any court of law or equity of competent jurisdiction to preliminary, permanent and other injunctive relief relief, without the necessity of providing bond or other security, against any breach or threatened breach of the provisions contained in any of said paragraphs 8, 9, 10 9,10 or 11 hereof, and such compensatory damages as shall be awarded. Further, in the event of a violation of the provisions of paragraph 11, the Non-Compete and Non-Solicitation Periods referred to therein shall be extended for a period of time equal to the period that any violation occurred.

Appears in 1 contract

Samples: Employment Agreement (Amtrust Financial Services, Inc.)

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Injunctive Relief; Damages. Executive agrees that violation of or threatened violation of any of paragraphs Clauses 8, 9, 10 or 11 would cause irreparable injury to the Company for which any remedy at law would be inadequate, and the Company shall be entitled in any court of law or equity of competent jurisdiction to preliminary, permanent and other injunctive relief against any breach or threatened breach of the provisions contained in any of said paragraphs Clauses 8, 9, 10 or 11 hereof, without providing bond or other security, and such compensatory damages as shall be awarded. Further, in the event of a violation of the provisions of paragraph 11Clause 9, the Non-Compete and Non-Solicitation Periods Restriction Period referred to therein shall be extended for a period of time equal to the period that any violation occurred.

Appears in 1 contract

Samples: Employment Agreement (Amtrust Financial Services, Inc.)

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