Common use of Acknowledgement and Enforcement Clause in Contracts

Acknowledgement and Enforcement. The Employee acknowledges and agrees that: (A) the purpose of the foregoing covenants is to protect the goodwill, trade secrets, Confidential Information and other protected interests of the Company; (B) because of the nature of the business in which the ECO Group is engaged and because of the nature of the Confidential Information to which the Employee has access, the Company would suffer irreparable harm and it would be impractical and excessively difficult to determine the actual damages of the ECO Group in the event the Employee breached any of the covenants of this Section 7; and (C) remedies at law (such as monetary damages) for any breach of the Employee’s obligations under this Section 7 would be inadequate, if the Employee commits any breach of a covenant under this Section 7 or threatens to commit any such breach at any time, the Company shall have the right (in addition to, and not in lieu of, any other right or that may be available to it) to temporary and permanent injunctive relief from a court of competent jurisdiction, without posting any bond or other security and without the necessity of proof of actual damage.