Common use of Breach of Provisions Clause in Contracts

Breach of Provisions. If the Employee breaches any of the provisions of this Section 5, or in the event that any such breach is threatened by the Employee, in addition to and without limiting or waiving any other remedies available to the Company at law or in equity, the Company shall be entitled to immediate injunctive relief in any court, domestic or foreign, having the capacity to grant such relief, to restrain any such breach or threatened breach and to enforce the provisions of this section 5. The Employee acknowledges and agrees that there is no adequate remedy at law for any such breach or threatened breach and, in the event that any action or proceeding is brought seeking injunctive relief, the Employee shall not use as a defense thereto that there is an adequate remedy at law. In addition, if the Employee breaches any of the provisions of this section 5, any and all Severance Payments and benefit obligations under this Agreement or otherwise will cease and be extinguished in their entirety and the Company will have no further obligations in that regard.

Appears in 15 contracts

Samples: Employment Agreement (Kratos Defense & Security Solutions, Inc.), Employment Agreement (Sys), Employment Agreement (Sys)

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Breach of Provisions. If the Employee breaches any of the provisions of this Section 5, or in the event that any such breach is threatened by the Employee, in addition to and without limiting or waiving any other remedies available to the Company at law or in equity, the Company shall be entitled to immediate injunctive relief in any court, domestic or foreign, having the capacity to grant such relief, to restrain any such breach or threatened breach and to enforce the provisions of this section Section 5. The Employee acknowledges and agrees that there is no adequate remedy at law for any such breach or threatened breach and, in the event that any action or proceeding is brought seeking injunctive relief, the Employee shall not use as a defense thereto that there is an adequate remedy at law. In addition, if the Employee breaches any of the provisions of this section Section 5, any and all Severance Payments and benefit obligations under this Agreement or otherwise subsections 4.2 and 4.3 will cease and be extinguished in their entirety and the Company will have no further obligations in that regard.

Appears in 1 contract

Samples: Merger Agreement (Sys)

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