Specific Enforceability. The Executive acknowledges and agrees that the remedy at law available to the Company for breach of any of his post-termination obligations under Sections 7 and 8 of this Agreement would be inadequate and that damages flowing from such a breach may not readily be susceptible to being measured in monetary terms. Accordingly, the Executive acknowledges, consents and agrees that, in addition to any other rights or remedies which the Company may have at law, in equity or under this Agreement, upon adequate proof of his violation of any such provision of this Agreement, the Company will be entitled to immediate injunctive relief and may obtain a temporary order restraining any threatened or further breach, without the necessity of proof of actual damage.
Appears in 1 contract
Sources: Retention Agreement (Rayonier Inc)
Specific Enforceability. The Executive acknowledges and agrees that the remedy at law available to the Company for breach of any of his post-post termination obligations under Sections 7 6 and 8 of this Agreement would be inadequate and that damages flowing from such a breach may not readily be susceptible to being measured in monetary terms. Accordingly, the Executive acknowledges, consents and agrees that, in addition to any other rights or remedies which the Company may have at law, in equity or under this Agreement, upon adequate proof of his violation of any such provision of this Agreement, the Company will be entitled to immediate injunctive relief and may obtain a temporary order restraining any threatened or further breach, without the necessity of proof of actual damage.
Appears in 1 contract
Sources: Retention Agreement (Rayonier Inc)