Common use of Available Remedies Clause in Contracts

Available Remedies. The Executive acknowledges and agrees that the Executive's employment hereunder was granted by the Company primarily in reliance upon the covenants, agreements, duties, obligations and assurances of the Executive contained herein, and in the event of a breach of any such covenant, agreement, duty, obligation or assurance of the Executive, including a voluntary cessation by Executive of his employment hereunder prior to the Expiration Date, (i) the Company and its Subsidiaries, including their respective businesses and properties, would suffer irreparable damage for which money damages alone would not adequately compensate the Company, and (ii) the Company shall be entitled, in addition to any other remedies and damages available to it, to obtain injunctive relief in the form of a temporary injunction, permanent injunction, restraining order or other comparable remedies in order to prevent or cease the violation of such covenant, agreement, duty, obligation or assurance.

Appears in 4 contracts

Samples: Employment Agreement (Insignia Esg Holdings Inc), Employment Agreement (Insignia Esg Holdings Inc), Employment Agreement (Insignia Financial Group Inc /De/)

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