Common use of Injunctive and Other Relief Clause in Contracts

Injunctive and Other Relief. (a) Executive acknowledges and agrees that the covenants contained herein are fair and reasonable in light of the additional consideration paid hereunder, which Executive acknowledges is adequate and sufficient consideration, and that damages alone shall not be an adequate remedy for any breach by Executive of Executive’s covenants which then apply and accordingly expressly agrees that, in addition to any other remedies which the Employer may have, the Employer shall be entitled to seek injunctive relief in any court of competent jurisdiction for any breach or threatened breach of any such covenants by Executive without the requirement of posting a bond. Nothing contained herein shall prevent or delay the Employer from seeking, in any court of competent jurisdiction, specific performance or other equitable remedies in the event of any breach or intended breach by Executive of any of its obligations hereunder.

Appears in 12 contracts

Samples: Employment Agreement (Orrstown Financial Services Inc), Employment Agreement (Orrstown Financial Services Inc), Employment Agreement (Orrstown Financial Services Inc)

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Injunctive and Other Relief. (a) Executive acknowledges and agrees that the covenants contained herein are fair and reasonable in light of the additional consideration paid hereunder, which Executive acknowledges is adequate hereunder and sufficient considerationin order to protect the investment made by Employer in the Acquisition, and that damages alone shall not be an adequate remedy for any breach by Executive of Executive’s his covenants which then apply contained herein and accordingly expressly agrees that, in addition to any other remedies which the Employer Companies may have, including damages, the Employer Companies shall be entitled to seek injunctive relief in any court of competent jurisdiction for any breach or threatened breach of any such covenants by Executive without the requirement of posting a bondExecutive. Nothing contained herein shall prevent or delay the Employer from seeking, in any court of competent jurisdiction, specific performance or other equitable remedies in the event of any breach or intended breach by Executive of any of its his obligations hereunder.

Appears in 1 contract

Samples: Employment Agreement (Kulicke & Soffa Industries Inc)

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