Common use of Injunctive Relief and Additional Remedy Clause in Contracts

Injunctive Relief and Additional Remedy. Executive acknowledges that the injury suffered by Employer as a result of a breach of Sections 13, 14 or 15 of this Agreement would be irreparable and that an award of money damages to Employer for such a breach would be an inadequate remedy. Consequently, Employer shall have the right, in addition to any other rights it may have, to obtain relief to restrain any breach or threatened breach or otherwise to specifically enforce Sections 13, 14 and 15 of this Agreement, and Employer will not be obligated to post bond or other security in seeking such relief. Without limiting Employer’s rights under this Section 16 or any other remedies of Employer, if Executive breaches the provisions of Section 13, 14 or 15, Employer shall have the right to cease making payments otherwise due to Executive under this Agreement.

Appears in 8 contracts

Samples: Employment Agreement (Plainscapital Corp), Employment Agreement (Plainscapital Corp), Employment Agreement (Plainscapital Corp)

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Injunctive Relief and Additional Remedy. Executive acknowledges that the injury suffered by Employer as a result of a breach of Sections 13, 14 or 15 13 through 16 of this Agreement would be irreparable and that an award of money damages to Employer for such a breach would be an inadequate remedy. Consequently, Employer shall have the right, in addition to any other rights it may have, to obtain relief to restrain any breach or threatened breach or otherwise to specifically enforce Sections 13, 14 and 15 13 through 16 of this Agreement, and Employer will not be obligated to post bond or other security in seeking such relief. Without limiting Employer’s rights under this Section 16 18 or any other remedies of Employer, if Executive breaches the provisions of Section 13, 14 or 15Sections 13 through 16, Employer shall have the right to cease making payments otherwise due to Executive under this Agreement.

Appears in 5 contracts

Samples: Employment Agreement (Hilltop Holdings Inc.), Employment Agreement (Hilltop Holdings Inc.), Employment Agreement (Hilltop Holdings Inc.)

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Injunctive Relief and Additional Remedy. Executive acknowledges that the injury suffered by Employer as a result of a breach of Sections 13, 13 or 14 or 15 of this Agreement would be irreparable and that an award of money damages to Employer for such a breach would be an inadequate remedy. Consequently, Employer shall have the right, in addition to any other rights it may have, to obtain relief to restrain any breach or threatened breach or otherwise to specifically enforce Sections 13, 13 and 14 and 15 of this Agreement, and Employer will not be obligated to post bond or other security in seeking such relief. Without limiting Employer’s rights under this Section 16 15 or any other remedies of Employer, if Executive breaches the provisions of Section 13, 14 13 or 1514, Employer shall have the right to cease making payments otherwise due to Executive under this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Plainscapital Corp)

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