Common use of Various Rights Clause in Contracts

Various Rights. The Parties specifically agree that the covenants in this Section 10 are an integral part of the inducement of the Company to enter into this Agreement and that the Company and/or its affiliates (or their respective successors or assigns) shall be entitled to injunctive relief, as provided in Section 11, in addition to all other legal and equitable rights and remedies available to it in connection with any breach or threatened breach by the Executive of any provision of this Section 10 (including without limitation the remedies set forth in Section 10(c)) and that no right, power or remedy conferred upon or reserved or exercised by the Company in this Section 10 is intended to be exclusive of any other right, power or remedy, each and every one of which (now or hereafter existing at law, in equity, by statute or otherwise) shall be cumulative and concurrent. Each of the Executive and the Company agrees that in the event that either the length of time or Restricted Area set forth herein is deemed too restrictive by any arbitration panel or court of competent jurisdiction, the covenants and agreements in this Section 10, including Section 10(c), shall be enforceable for such time and within such geographical area as such arbitration panel or court may deem reasonable under the circumstances.

Appears in 3 contracts

Samples: Executive Employment Agreement (Universal Guardian Holdings Inc), Executive Employment Agreement (Universal Guardian Holdings Inc), Executive Employment Agreement (Universal Guardian Holdings Inc)

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Various Rights. The Parties specifically agree that the covenants in this Section 10 are an integral part of the inducement of the Company to enter into this Agreement and that the Company and/or its affiliates (or their respective successors or assigns) shall be entitled to injunctive relief, as provided in Section 1112, in addition to all other legal and equitable rights and remedies available to it in connection with any breach or threatened breach by the Executive of any provision of this Section 10 (including without limitation the remedies set forth in Section 10(c)) and that no right, power or remedy conferred upon or reserved or exercised by the Company in this Section 10 is intended to be exclusive of any other right, power or remedy, each and every one of which (now or hereafter existing at law, in equity, by statute or otherwise) shall be cumulative and concurrent. Each of the Executive and the Company agrees that in the event that either the length of time or Restricted Area set forth herein is deemed too restrictive by any arbitration panel or court of competent jurisdiction, the covenants and agreements in this Section 10, including Section 10(c), shall be enforceable for such time and within such geographical area as such arbitration panel or court may deem reasonable under the circumstances.

Appears in 2 contracts

Samples: Executive Employment Agreement (Universal Guardian Holdings Inc), Executive Employment Agreement (Universal Guardian Holdings Inc)

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Various Rights. The Parties specifically agree that the covenants in this Section 10 are an integral part of the inducement of the Company to enter into this Agreement and that the Company and/or its affiliates (or their respective successors or assigns) shall be entitled to injunctive relief, as provided in Section 11, in addition to all other legal and equitable rights and remedies available to it in connection with any breach or threatened breach by the Executive Employee of any provision of this Section 10 (including without limitation the remedies set forth in Section 10(c)) and that no right, power or remedy conferred upon or reserved or exercised by the Company in this Section 10 is intended to be exclusive of any other right, power or remedy, each and every one of which (now or hereafter existing at law, in equity, by statute or otherwise) shall be cumulative and concurrent. Each of the Executive Employee and the Company agrees that in the event that either the length of time or Restricted Area set forth herein is deemed too restrictive by any arbitration panel or court of competent jurisdiction, the covenants and agreements in this Section 10, including Section 10(c), shall be enforceable for such time and within such geographical area as such arbitration panel or court may deem reasonable under the circumstances.

Appears in 1 contract

Samples: Employment Agreement (Universal Guardian Holdings Inc)

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