Common use of Remedies for Breach of Restrictive Covenant Clause in Contracts

Remedies for Breach of Restrictive Covenant. The Employee acknowledges that the restrictions contained in this Section 9 and Section 8 are reasonable and necessary for the protection of the legitimate business interests of the Employer, that any violation of these restrictions would cause substantial injury to the Employer and such interests, that the Employer would not have entered into this Agreement with the Employee without receiving the additional consideration offered by the Employee in binding himself to these restrictions and that such restrictions were a material inducement to the Employer to enter into this Agreement. In the event of any violation or threatened violation of these restrictions, the Employer, in addition to and not in limitation of, any other rights, remedies or damages available to the Employer under this Agreement or otherwise at law or in equity, shall be entitled to preliminary and permanent injunctive relief to prevent or restrain any such violation by the Employee and any and all persons directly or indirectly acting for or with him, as the case may be.

Remedies for Breach of Restrictive Covenant. The Employee Executive acknowledges that the restrictions contained in Sections 4 and 6(a) of this Section 9 and Section 8 Agreement are reasonable and necessary for the protection of the legitimate business interests of the Employer, that any violation of these restrictions would cause substantial injury to the Employer and such interests, that the Employer would not have entered into this Agreement with the Employee Executive without receiving the additional consideration offered by the Employee Executive in binding himself to these restrictions and that such restrictions were a material inducement to the Employer to enter into this Agreement. In the event of any violation or threatened violation of these restrictions, the Employer, in addition to and not in limitation of, any other rights, remedies or damages available to the Employer under this Agreement or otherwise at law or in equity, shall be entitled to preliminary and permanent injunctive relief to prevent or restrain any such violation by the Employee Executive and any and all persons directly or indirectly acting for or with him, as the case may be.

Remedies for Breach of Restrictive Covenant. The Employee Executive acknowledges that the restrictions contained in this Section 9 4 and Section 8 6(a) of this Agreement are reasonable and necessary for the protection of the legitimate business interests of the Employer, that any violation of these restrictions would cause substantial injury to the Employer and such interests, that the Employer would not have entered into this Agreement with the Employee Executive without receiving the additional consideration offered by the Employee Executive in binding himself to these restrictions and that such restrictions were a material inducement to the Employer to enter into this Agreement. In the event of any violation or threatened violation of these restrictions, the Employer, in addition to and not in limitation of, any other rights, remedies or damages available to the Employer under this Agreement or otherwise at law or in equity, shall be entitled to preliminary and permanent injunctive relief to prevent or restrain any such violation by the Employee Executive and any and all persons directly or indirectly acting for or with him, as the case may be. In the event of a violation of the restrictions in Section 4 and Section 6(a) of this Agreement, the Employer shall have the right to cease making any payments, or providing benefits, otherwise required hereunder.

Remedies for Breach of Restrictive Covenant. The Employee Executive acknowledges that the restrictions contained in SECTION 3 (Confidentiality and Loyalty) and SECTION 5 (Non-Competition Covenant) of this Section 9 and Section 8 Agreement are reasonable and necessary for the protection of the legitimate business interests of Employer and the EmployerBank, that any violation of these restrictions would cause substantial injury to Employer and the Employer Bank and such interests, that the Employer would not have entered into this Agreement with the Employee Executive without receiving the additional consideration offered by the Employee Executive in binding himself to these restrictions and that such restrictions were a material inducement to the Employer to enter into this Agreement. In the event of any violation or threatened violation of these restrictions, Employer and the EmployerBank, in addition to and not in limitation of, any other rights, remedies or damages available to Employer and the Employer Bank under this Agreement or otherwise at law or in equity, shall be entitled to preliminary and permanent injunctive relief to prevent or restrain any such violation by the Employee Executive and any and all persons directly or indirectly acting for or with him, as the case may be.

Remedies for Breach of Restrictive Covenant. The Employee acknowledges that the restrictions contained in this Section 9 and Section 8 are reasonable and necessary for the protection of the legitimate business interests of the Employer, that any violation of these restrictions would cause substantial injury to the Employer and such interests, that the Employer would not have entered into this Agreement with the Employee without receiving the additional consideration offered by the Employee in binding himself to these restrictions and that such restrictions were a material inducement to the Employer to enter into this Agreement. In the event of any violation or threatened violation of these restrictions, the Employer, in addition to and not in limitation of, any other rights, remedies or damages available to the Employer under this Agreement or otherwise at law or in equity, shall be entitled to preliminary and permanent injunctive relief to prevent or restrain any such violation by the Employee and any and all persons directly or indirectly acting for or with him, as the case may be.

Remedies for Breach of Restrictive Covenant. The Employee Executive acknowledges that the restrictions contained in Sections 4 and 6(a) of this Section 9 and Section 8 Agreement are reasonable and necessary for the protection of the legitimate business interests of the EmployerPinnacle, that any violation of these restrictions would cause substantial injury to the Employer Pinnacle and such interests, that the Employer Pinnacle would not have entered into this Agreement with the Employee Executive without receiving the additional consideration offered by the Employee Executive in binding himself to these restrictions and that such restrictions were a material inducement to the Employer Pinnacle to enter into this Agreement. In the event of If there is any violation or threatened violation of these restrictions, the EmployerPinnacle, in addition to and not in limitation of, any other rights, remedies or damages available to the Employer Pinnacle under this Agreement or otherwise at law or in equity, shall be entitled to preliminary and permanent injunctive relief to prevent or restrain any such violation by the Employee Executive and any and all persons directly or indirectly acting for or with him, as the case may be.

Remedies for Breach of Restrictive Covenant. The Employee Executive acknowledges that the restrictions contained in this Section 9 4 and Section 8 6(a) of this Agreement are reasonable and necessary for the protection of the legitimate business interests of the EmployerCompany, that any violation of these restrictions would cause substantial injury to the Employer Company and such interests, that the Employer Company would not have entered into this Agreement with the Employee Executive without receiving the additional consideration offered by the Employee Executive in binding himself to these restrictions and that such restrictions were a material inducement to the Employer Company to enter into this Agreement. In the event of any violation or threatened violation of these restrictions, the EmployerCompany, in addition to and not in limitation of, any other rights, remedies or damages available to the Employer Company under this Agreement or otherwise at law or in equity, shall be entitled to preliminary and permanent injunctive relief to prevent or restrain any such violation by the Employee Executive and any and all persons directly or indirectly acting for or with him, as the case may be. In the event of a violation of the restrictions in Section 4 and Section 6(a) of this Agreement, the Company shall have the right to cease making any payments, or providing benefits, otherwise required hereunder. Section 7.

Remedies for Breach of Restrictive Covenant. The Employee Executive acknowledges that the restrictions contained in Sections 4 and 6(a) of this Section 9 and Section 8 Agreement are reasonable and necessary for the protection of the legitimate business interests of the Employer, that any violation of these restrictions would cause substantial injury to the Employer and such interests, that the Employer would not have entered into this Agreement with the Employee Executive without receiving the additional consideration offered by the Employee Executive in binding himself herself to these restrictions and that such restrictions were a material inducement to the Employer to enter into this Agreement. In the event of any violation or threatened violation of these restrictions, the Employer, in addition to and not in limitation of, any other rights, remedies or damages available to the Employer under this Agreement or otherwise at law or in equity, shall be entitled to preliminary and permanent injunctive relief to prevent or restrain any such violation by the Employee Executive and any and all persons directly or indirectly acting for or with himher, as the case may be.

Remedies for Breach of Restrictive Covenant. The Employee acknowledges that the restrictions contained in this Section 9 and Section 8 paragraph are reasonable and necessary for the protection of the legitimate business interests of the EmployerCompany, that any violation of these restrictions would cause substantial injury to the Employer Company and such interests, that the Employer Company would not have entered into this Agreement with the Employee without receiving the additional consideration offered by the Employee in binding himself to these restrictions and that such restrictions were a material inducement to the Employer Company to enter into this Agreement. In the event of any violation or threatened violation of these restrictions, the EmployerCompany, in addition to and not in limitation of, any other rights, remedies or damages available to the Employer Company under this Agreement or otherwise at law or in equity, shall be entitled to preliminary and permanent injunctive relief to prevent or restrain any such violation by the Employee and any and all persons directly or indirectly acting for or with him, as the case may be.

Remedies for Breach of Restrictive Covenant. The Employee Executive acknowledges that the restrictions contained in this Section 9 and Section 8 paragraph are reasonable and necessary for the protection of the legitimate business interests of the EmployerCompany and its Affiliates, that any violation of these restrictions would cause substantial injury to the Employer Company and such interests, that the Employer Company would not have entered into this Agreement with the Employee Executive without receiving the additional consideration offered by the Employee Executive in binding himself to these restrictions and that such restrictions were a material inducement to the Employer Company to enter into this Agreement. In the event of any violation or threatened violation of these restrictions, the EmployerCompany, in addition to and not in limitation of, any other rights, remedies or damages available to the Employer Company under this Agreement or otherwise at law or in equity, shall be entitled to preliminary and permanent injunctive relief to prevent or restrain any such violation by the Employee Executive and any and all persons directly or indirectly acting for or with him, as the case may be.

Remedies for Breach of Restrictive Covenant. The Employee Executive acknowledges that the restrictions contained in Sections 3 and 5(a) of this Section 9 and Section 8 Agreement are reasonable and necessary for the protection of the legitimate business interests of the Employer, that any violation of these restrictions would cause substantial injury to the Employer and such interests, that the Employer would not have entered into this Agreement with the Employee Executive without receiving the additional consideration offered by the Employee Executive in binding himself to these restrictions and that such restrictions were a material inducement to the Employer to enter into this Agreement. In the event of any violation or threatened violation of these restrictions, the Employer, in addition to and not in limitation of, any other rights, remedies or damages available to the Employer under this Agreement or otherwise at law or in equity, shall be entitled to preliminary and permanent injunctive relief to prevent or restrain any such violation by the Employee Executive and any and all persons directly or indirectly acting for or with himhis, as the case may be.

Remedies for Breach of Restrictive Covenant. The Employee Executive ------------------------------------------- acknowledges that the restrictions contained in Sections 4 and 5(a) of this Section 9 and Section 8 Agreement are reasonable and necessary for the protection of the legitimate business interests of the Employer, that any violation of these restrictions would cause substantial injury to the Employer and such interests, that the Employer would not have entered into this Agreement with the Employee Executive without receiving the additional consideration offered by the Employee Executive in binding himself to these restrictions and that such restrictions were a material inducement to the Employer to enter into this Agreement. In the event of any violation or threatened violation of these restrictions, the Employer, in addition to and not in limitation of, any other rights, remedies or damages available to the Employer under this Agreement or otherwise at law or in equity, shall be entitled to preliminary and permanent injunctive relief to prevent or restrain any such violation by the Employee Executive and any and all persons directly or indirectly acting for or with him, as the case may be.

Remedies for Breach of Restrictive Covenant. The Employee Executive acknowledges that the restrictions contained in this Section 9 3 (Confidentiality and Loyalty) and Section 8 5(a) (Restrictive Covenant) of this Agreement are reasonable and necessary for the protection of the legitimate business interests of the Employer, that any violation of these restrictions would cause substantial injury to the Employer and such interests, that the Employer would not have entered into this Agreement with the Employee Executive without receiving the additional consideration offered by the Employee Executive in binding himself to these restrictions and that such restrictions were a material inducement to the Employer to enter into this Agreement. In the event of any violation or threatened violation of these restrictions, the Employer, in addition to and not in limitation of, any other rights, remedies or damages available to the Employer under this Agreement or otherwise at law or in equity, shall be entitled to preliminary and permanent injunctive relief to prevent or restrain any such violation by the Employee Executive and any and all persons directly or indirectly acting for or with him, as the case may be.

Remedies for Breach of Restrictive Covenant. The Employee Executive acknowledges that the restrictions contained in this Section 9 and Section 8 5(b) are reasonable and necessary for the protection of the legitimate business interests of the EmployerCompany and its Affiliates, that any violation of these restrictions would cause substantial injury to the Employer Company and such interests, that the Employer Company would not have entered into this Agreement with the Employee Executive without receiving the additional consideration offered by the Employee Executive in binding himself to these restrictions and that such restrictions were a material inducement to the Employer Company to enter into this Agreement. In the event of any violation or threatened violation of these restrictions, the EmployerCompany, in addition to and not in limitation of, any other rights, remedies or damages available to the Employer Company under this Agreement or otherwise at law or in equity, shall be entitled to preliminary and permanent injunctive relief to prevent or restrain any such violation by the Employee Executive and any and all persons directly or indirectly acting for or with him, as the case may be.

Remedies for Breach of Restrictive Covenant. The Employee Executive acknowledges that the restrictions contained in this Section 9 3 (Confidentiality and Loyalty) and Section 8 5 (Non-Competition Covenant) of this Agreement are reasonable and necessary for the protection of the legitimate business interests of Employer and the EmployerBank, that any violation of these restrictions would cause substantial injury to Employer and the Employer Bank and such interests, that the Employer would not have entered into this Agreement with the Employee Executive without receiving the additional consideration offered by the Employee Executive in binding himself to these restrictions and that such restrictions were a material inducement to the Employer to enter into this Agreement. In the event of any violation or threatened violation of these restrictions, Employer and the EmployerBank, in addition to and not in limitation of, any other rights, remedies or damages available to Employer and the Employer Bank under this Agreement or otherwise at law or in equity, shall be entitled to preliminary and permanent injunctive relief to prevent or restrain any such violation by the Employee Executive and any and all persons directly or indirectly acting for or with him, as the case may be.

Remedies for Breach of Restrictive Covenant. The Employee Executive acknowledges that the restrictions contained in Sections 3 and 5(a) of this Section 9 and Section 8 Agreement are reasonable and necessary for the protection of the legitimate business interests of the Employer, that any violation of these restrictions would cause substantial injury to the Employer and such interests, that the Employer would not have entered into this Agreement with the Employee Executive without receiving the additional consideration offered by the Employee Executive in binding himself to these restrictions and that such restrictions were a material inducement to the Employer to enter into this Agreement. In the event of any violation or threatened violation of these restrictions, the Employer, in addition to and not in limitation of, any other rights, remedies or damages available to the Employer under this Agreement or otherwise at law or in equity, shall be entitled to preliminary and permanent injunctive relief to prevent or restrain any such violation by the Employee Executive and any and all persons directly or indirectly acting for or with him, as the case may be.

Remedies for Breach of Restrictive Covenant. The Employee Executive acknowledges that the restrictions contained in Sections 3 and 6(a) of this Section 9 and Section 8 Agreement are reasonable and necessary for the protection of the legitimate business interests of the Employer, that any violation of these restrictions would cause substantial injury to the Employer and such interests, that the Employer would not have entered into this Agreement with the Employee Executive without receiving the additional consideration offered by the Employee Executive in binding himself to these restrictions and that such restrictions were a material inducement to the Employer to enter into this Agreement. In the event of any violation or threatened violation of these restrictions, the Employer, in addition to and not in limitation of, any other rights, remedies or damages available to the Employer under this Agreement or otherwise at law or in equity, shall be entitled to preliminary and permanent injunctive relief to prevent or restrain any such violation by the Employee Executive and any and all persons directly or indirectly acting for or with him, as the case may be.

Remedies for Breach of Restrictive Covenant. The Employee Executive acknowledges that the restrictions contained in this Section 9 4 and Section 8 6(a) of this Agreement are reasonable and necessary for the protection of the legitimate business interests of the Employer, that any violation of these restrictions would cause substantial injury to the Employer and such interests, that the Employer would not have entered into this Agreement with the Employee Executive without receiving the additional consideration offered by the Employee Executive in binding himself herself to these restrictions and that such restrictions were a material inducement to the Employer to enter into this Agreement. In the event of any violation or threatened violation of these restrictions, the Employer, in addition to and not in limitation of, any other rights, remedies or damages available to the Employer under this Agreement or otherwise at law or in equity, shall be entitled to preliminary and permanent injunctive relief to prevent or restrain any such violation by the Employee Executive and any and all persons directly or indirectly acting for or with himher, as the case may be. In the event of a violation of the restrictions in Section 4 and Section 6(a) of this Agreement, the Employer shall have the right to cease making any payments, or providing benefits, otherwise required hereunder.

Remedies for Breach of Restrictive Covenant. The Employee Executive acknowledges that the restrictions contained in Section 7 of this Section 9 and Section 8 Agreement are reasonable and necessary for the protection of the legitimate business interests of the Employer, that any violation of these restrictions would cause substantial injury to the Employer and such interests, that the Employer would not have entered into this Agreement with the Employee Executive without receiving the additional consideration offered by the Employee Executive in binding himself to these restrictions and that such restrictions were a material inducement to the Employer to enter into this Agreement. In the event of any violation or threatened violation of these restrictions, the Employer, in addition to and not in limitation of, any other rights, remedies or damages available to the Employer under this Agreement or otherwise at law or in equity, shall be entitled to preliminary and permanent injunctive relief to prevent or restrain any such violation by the Employee Executive and any and all persons directly or indirectly acting for or with him, as the case may be.

Remedies for Breach of Restrictive Covenant. The Employee Executive acknowledges that the restrictions contained in Sections 4 and 6(a) of this Section 9 and Section 8 Agreement are reasonable and necessary for the protection of the legitimate business interests of the EmployerEmployer or any of its Affiliates, that any violation of these restrictions would cause substantial injury to the Employer or any of its Affiliates and such interests, that the Employer would not have entered into this Agreement with the Employee Executive without receiving the additional consideration offered by the Employee Executive in binding himself to these restrictions and that such restrictions were a material inducement to the Employer to enter into this Agreement. In the event of any violation or threatened violation of these restrictions, the EmployerEmployer or any of its Affiliates, in addition to and not in limitation of, any other rights, remedies or damages available to the Employer under this Agreement or otherwise at law or in equity, shall be entitled to preliminary and permanent injunctive relief to prevent or restrain any such violation by the Employee Executive and any and all persons directly or indirectly acting for or with him, as the case may be.

Remedies for Breach of Restrictive Covenant. The Employee Executive acknowledges that the restrictions contained in Sections 3 and 5 of this Section 9 and Section 8 Agreement are reasonable and necessary for the protection of the legitimate business interests of the Employer, that any violation of these restrictions would cause substantial injury to the Employer and such interests, that the Employer would not have entered into this Agreement with the Employee Executive without receiving the additional consideration offered by the Employee Executive in binding himself to these restrictions and that such restrictions were a material inducement to the Employer to enter into this Agreement. In the event of any violation or threatened violation of these restrictions, the Employer, in addition to and not in limitation of, any other rights, remedies or damages available to the Employer under this Agreement or otherwise at law or in equity, shall be entitled to preliminary and permanent injunctive relief to prevent or restrain any such violation by the Employee Executive and any and all persons directly or indirectly acting for or with him, as the case may be.

Remedies for Breach of Restrictive Covenant. The Employee Executive acknowledges that the restrictions contained in this Section 9 4 and Section 8 6(a) of this Agreement are reasonable and necessary for the protection of the legitimate business interests of the Employer, that any violation of these restrictions would cause substantial injury to the Employer and such interests, that the Employer would not have entered into this Agreement with the Employee Executive without receiving the additional consideration offered by the Employee Executive in binding himself to these restrictions and that such restrictions were a material inducement to the Employer to enter into this Agreement. In the event of any violation or threatened violation of these restrictions, the Employer, in addition to and not in limitation of, any other rights, remedies or damages available to the Employer under this Agreement or otherwise at law or in equity, shall be entitled to preliminary and permanent injunctive relief to prevent or restrain any such violation by the Employee Executive and any and all persons directly or indirectly acting for or with himher, as the case may be. In the event of a violation of the restrictions in Section 4 and Section 6(a) of this Agreement, the Employer shall have the right to cease making any payments, or providing benefits, otherwise required hereunder.