Common use of Injunctive Relief with Respect to Covenants Clause in Contracts

Injunctive Relief with Respect to Covenants. Executive acknowledges and agrees that the covenants and obligations of Executive with respect to noncompetition, nonsolicitation, confidentiality, Company property and ownership of developments relate to special, unique and extraordinary matters and that a violation or threatened violation of any of the terms of such covenants or obligations will cause the Company irreparable injury for which adequate remedies are not available at law. Therefore, Executive agrees that the Company shall be entitled to an injunction, restraining order or such other equitable relief (without the requirement to post bond) restraining Executive from committing any violation of the covenants or obligations contained in this Section 7. These injunctive remedies are cumulative and are in addition to any other rights and remedies the Company may have at law or in equity. In connection with the foregoing provisions of this Section 7, Executive represents that his economic means and circumstances are such that such provisions will not prevent him from providing for himself and his family on a basis satisfactory to him.

Appears in 4 contracts

Samples: Employment Agreement (Del Pharmaceuticals, Inc.), Employment Agreement (Del Pharmaceuticals, Inc.), Employment Agreement (Del Pharmaceuticals, Inc.)

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Injunctive Relief with Respect to Covenants. Executive acknowledges ------------------------------------------- and agrees that the covenants and obligations of Executive with respect to noncompetition, nonsolicitation, confidentiality, confidentiality and Company property and ownership of developments relate to special, unique and extraordinary matters and that a violation or threatened violation of any of the terms of such covenants or convenants and obligations will cause the Company irreparable injury for which adequate remedies are not available at law. Therefore, Executive agrees that the Company shall be entitled to an injunction, restraining order or such other equitable relief (without the requirement to post bond) restraining Executive from committing any violation of the covenants or convenants and obligations contained in this Section 710. These injunctive remedies are cumulative and are in addition to any other rights and remedies the Company may have at law or in equity. In connection with the foregoing provisions of this Section 710, Executive represents that his economic means and circumstances are such that such provisions will not prevent him from providing for himself and his family on a basis satisfactory to him.

Appears in 3 contracts

Samples: Employment Agreement (Terra Nova Bermuda Holding LTD), Employment Agreement (Terra Nova Bermuda Holding LTD), Employment Agreement (Terra Nova Bermuda Holding LTD)

Injunctive Relief with Respect to Covenants. The Executive acknowledges and agrees that the covenants and obligations of the Executive with respect to noncompetition, nonsolicitation, confidentiality, Company confidentiality and the Company's property and ownership of developments relate to special, unique and extraordinary matters and that a violation or threatened violation of any of the terms of such covenants or obligations will cause the Company irreparable injury for which adequate remedies are may not be available at law. Therefore, the Executive agrees that the Company shall be entitled to an injunction, restraining order or such other equitable relief (without the requirement to post bondbond therefor) restraining the Executive from committing any violation of the covenants or obligations contained in this Section 7Paragraph 6. These injunctive remedies are cumulative and are in addition to any other rights and remedies the Company may have at law or in equity. In connection with the foregoing provisions of this Section 7Paragraph 6, the Executive represents that his the Executive's economic means and circumstances are such that such provisions will not prevent him the Executive from providing for himself the Executive and his the Executive's family on a basis satisfactory to himthe Executive.

Appears in 3 contracts

Samples: Employment Agreement (Fibr Plast Corp), Employment Agreement (Fibr Plast Corp), Employment Agreement (Fibr Plast Corp)

Injunctive Relief with Respect to Covenants. Executive acknowledges and agrees that the covenants and obligations of Executive with respect to noncompetition, nonsolicitation, confidentiality, confidentiality and Company property and ownership of developments relate to special, unique and extraordinary matters and that a violation or threatened violation of any of the terms of such covenants or and obligations will cause the Company irreparable injury for which adequate remedies at law are not available at lawavailable. Therefore, Executive agrees that the Company shall be entitled to an injunction, restraining order order, or such other equitable relief (without the requirement to post bond) from any court of competent jurisdiction restraining Executive from committing any violation of the covenants or and obligations contained in this Section 7with respect to noncompetition, nonsolicitation, confidentiality and Company property. These injunctive remedies are cumulative and are in addition to any other rights and remedies the Company may have at law or in equity. In connection with the foregoing provisions provision of this Section 7paragraph, Executive represents that his economic means and circumstances are such that such provisions will not prevent him from providing for himself and his family on a basis satisfactory to him.

Appears in 1 contract

Samples: Employment Agreement (Entex Information Services Inc)

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Injunctive Relief with Respect to Covenants. The Executive acknowledges and agrees that the covenants and obligations of the Executive with respect to noncompetitionnon-competition, nonsolicitationnon-solicitation, confidentiality, confidentiality and Company property and ownership of developments relate to special, unique and extraordinary matters and that a violation or threatened violation of any of the terms of such covenants or and obligations will cause the Company irreparable injury for which adequate remedies are not available at law. Therefore, the Executive agrees that the Company shall be entitled to an injunction, restraining order or such other equitable relief (without the requirement to post bond) restraining the Executive from committing any violation of the covenants or and obligations contained in this Section Paragraph 7. These injunctive remedies are cumulative and are in addition to any other rights and remedies the Company may have at law or in equity. In connection with the foregoing provisions of this Section Paragraph 7, the Executive represents that his economic means and circumstances are such that such provisions will not prevent him from providing for himself and his family on a basis satisfactory to him.

Appears in 1 contract

Samples: Employment Agreement (American Standard Companies Inc)

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