Consequences of Breach. If Employee breaches any of the covenants and undertakings set forth in this Paragraph 7: (i) All of Employee’s unvested equity shall be immediately forfeited and neither TTEC Parent nor the Company shall have any further liabilities to Employee pursuant to this Agreement, including without limitation no liability for any equity not yet granted or granted and unvested; (ii) Employee and those who aid her in such breach shall be liable for all costs and business loses including any damages and out-of-pocket expenses associated with or resulting from such breach; and (iii) Employee hereby consents and agrees that TTEC Parent and the Company shall be entitled to seek, in addition to other available remedies, a temporary or permanent injunction or other equitable relief against such breach or threatened breach from any court of competent jurisdiction, without the necessity of showing any actual damages or that money damages would not afford an adequate remedy, and without the necessity of posting any bond or other security. The aforementioned equitable relief shall be in addition to, not in lieu of, legal remedies, monetary damages or other available forms of relief.
Appears in 5 contracts
Samples: Executive Employment Agreement, Executive Employment Agreement (TTEC Holdings, Inc.), Executive Employment Agreement (TTEC Holdings, Inc.)
Consequences of Breach. If Employee the Executive breaches any of the covenants and undertakings set forth in this Paragraph 7Section 10:
(i) All of Employee’s Executive's unvested equity RSUs shall be immediately forfeited and neither TTEC Parent nor the Company shall have any further liabilities to Employee Executive pursuant to this Agreement, including without limitation no liability for any equity RSUs not yet granted or granted and unvested;
(ii) Employee Executive and those who aid her him in such breach shall be liable for all costs and business loses including any damages and out-of-out of pocket expenses associated with or resulting from such breach; and
(iii) Employee Executive hereby consents and agrees that the Company and TTEC Parent and the Company shall be entitled to seek, in addition to other available remedies, a temporary or permanent injunction or other equitable relief against such breach or threatened breach from any court of competent jurisdiction, without the necessity of showing any actual damages or that money damages would not afford an adequate remedy, and without the necessity of posting any bond or other security. The aforementioned equitable relief shall be in addition to, not in lieu of, legal remedies, monetary damages or other available forms of relief.
Appears in 3 contracts
Samples: Executive Employment Agreement, Executive Employment Agreement (TTEC Holdings, Inc.), Executive Employment Agreement (TTEC Holdings, Inc.)
Consequences of Breach. If Employee Executive breaches any of the material covenants and undertakings set forth in this Paragraph 76:
(i) All of Employee’s unvested equity shall be immediately forfeited and neither TTEC Parent nor the Company shall have any further liabilities to Employee pursuant to this Agreement, including without limitation no liability for any equity not yet granted or granted and unvested;
(ii) Employee The Executive and those who aid her him in such breach shall be liable for all costs and business loses losses including any damages and out-of-pocket expenses associated with or resulting from such breach; and;
(ii) TTEC Parent nor the Company have any further liabilities to the Executive pursuant to this Agreement, including without limitation no liability for any compensation including cash bonuses or equity not yet granted or granted and unvested;
(iii) Employee All unvested equity held by the Executive shall be immediately forfeited and cancelled;
(iv) The value of any vested equity received by the Executive in connection with his employment with the Company must be paid by the Executive back to the Company since one of the primary purposes of the equity awards would not have been realized by TTEC Parent;
(v) The Executive hereby consents and agrees that TTEC Parent and the Company shall be entitled to seek, in addition to other available remedies, a temporary or permanent injunction or other equitable relief against such breach or threatened breach from any court of competent jurisdiction, without the necessity of showing any actual damages or that money damages would not afford an adequate remedy, and without the necessity of posting any bond or other securitydamages. The aforementioned equitable relief shall be in addition to, not in lieu of, legal remedies, monetary damages or other available forms of reliefrelief at law or specified in this Agreement.
Appears in 1 contract
Samples: Executive Employment Agreement (TTEC Holdings, Inc.)
Consequences of Breach. If Employee breaches any of the covenants and undertakings set forth in this Paragraph 7:
(i) All of Employee’s unvested equity shall be immediately forfeited and neither TTEC Parent nor the Company shall have any further liabilities to Employee pursuant to this Agreement, including without limitation no liability for any equity not yet granted or granted and unvested;
(ii) Employee and those who aid her him in such breach shall be liable for all costs and business loses including any damages and out-of-pocket expenses associated with or resulting from such breach; and
(iii) Employee hereby consents and agrees that TTEC Parent and the Company shall be entitled to seek, in addition to other available remedies, a temporary or permanent injunction or other equitable relief against such breach or threatened breach from any court of competent jurisdiction, without the necessity of showing any actual damages or that money damages would not afford an adequate remedy, and without the necessity of posting any bond or other security. The aforementioned equitable relief shall be in addition to, not in lieu of, legal remedies, monetary damages or other available forms of relief.
Appears in 1 contract
Samples: Executive Employment Agreement (TTEC Holdings, Inc.)
Consequences of Breach. If Employee breaches any of the covenants and undertakings set forth in this Paragraph 7:
(i) All of Employee’s unvested equity shall be immediately forfeited and neither TTEC Parent nor the Company shall have any further liabilities to Employee pursuant to this Agreement, including without limitation no liability for any equity not yet granted or granted and unvested;
(ii) Employee and those who aid her his in such breach shall be liable for all costs and business loses including any damages and out-of-pocket expenses associated with or resulting from such breach; and
(iii) Employee hereby consents and agrees that TTEC Parent and the Company shall be entitled to seek, in addition to other available remedies, a temporary or permanent injunction or other equitable relief against such breach or threatened breach from any court of competent jurisdiction, without the necessity of showing any actual damages or that money damages would not afford an adequate remedy, and without the necessity of posting any bond or other security. The aforementioned equitable relief shall be in addition to, not in lieu of, legal remedies, monetary damages or other available forms of relief.
Appears in 1 contract
Samples: Executive Employment Agreement (TTEC Holdings, Inc.)
Consequences of Breach. If the Employee breaches any of the covenants and undertakings set forth in this Paragraph 7paragraph 11:
(i) All of Employee’s the Employees unvested equity RSUs shall be immediately forfeited and neither TTEC Parent TeleTech nor the Company shall have any further liabilities to the Employee pursuant to this Agreement, including without limitation no liability for any equity Performance-Based RSUs not yet granted or granted and unvested;
(ii) The Employee and those who aid her him in such breach shall be liable for all costs and business loses including any damages and out-of-out of pocket expenses associated with or resulting from such breach; and
(iii) The Employee hereby consents and agrees that TTEC Parent and the Company and TeleTech shall be entitled to seek, in addition to other available remedies, a temporary or permanent injunction or other equitable relief against such breach or threatened breach from any court of competent jurisdiction, without the necessity of showing any actual damages or that money damages would not afford an adequate remedy, and without the necessity of posting any bond or other security. The aforementioned equitable relief shall be in addition to, not in lieu of, legal remedies, monetary damages or other available forms of relief.
Appears in 1 contract
Samples: Executive Employment Agreement (Teletech Holdings Inc)
Consequences of Breach. If Employee breaches any of the covenants and undertakings set forth in this Paragraph 7:
(i) All of Employee’s unvested equity shall be immediately forfeited and neither TTEC TeleTech Parent nor the Company shall have any further liabilities to Employee pursuant to this Agreement, including without limitation no liability for any equity not yet granted or granted and unvested;
(ii) Employee and those who aid her him in such breach shall be liable for all costs and business loses including any damages and out-of-pocket expenses associated with or resulting from such breach; and
(iii) Employee hereby consents and agrees that TTEC TeleTech Parent and the Company shall be entitled to seek, in addition to other available remedies, a temporary or permanent injunction or other equitable relief against such breach or threatened breach from any court of competent jurisdiction, without the necessity of showing any actual damages or that money damages would not afford an adequate remedy, and without the necessity of posting any bond or other security. The aforementioned equitable relief shall be in addition to, not in lieu of, legal remedies, monetary damages or other available forms of relief.
Appears in 1 contract
Samples: Executive Employment Agreement (Teletech Holdings Inc)
Consequences of Breach. If Employee Executive breaches any of the covenants and undertakings set forth in this Paragraph 76:
(i) All of Employee’s unvested equity shall be immediately forfeited and neither TTEC Parent nor the Company shall have any further liabilities to Employee pursuant to this Agreement, including without limitation no liability for any equity not yet granted or granted and unvested;
(ii) Employee The Executive and those who aid her him in such breach shall be liable for all costs and business loses including any damages and out-of-pocket expenses associated with or resulting from such breach; and;
(ii) TTEC Parent, TTEC Digital nor the Company shall have any further liabilities to the Executive pursuant to this Agreement, including without limitation no liability for any compensation including equity not yet granted or granted and unvested;
(iii) Employee The Executive hereby consents and agrees that TTEC Parent Parent, TTEC Digital and the Company shall be entitled to seek, in addition to other available remedies, a temporary or permanent injunction or other equitable relief against such breach or threatened breach from any court of competent jurisdiction, without the necessity of showing any actual damages or that money damages would not afford an adequate remedy, and without the necessity of posting any bond or other security. The aforementioned equitable relief shall be in addition to, not in lieu of, legal remedies, monetary damages or other available forms of relief.
Appears in 1 contract
Samples: Executive Employment Agreement (TTEC Holdings, Inc.)
Consequences of Breach. If Employee breaches any of the covenants and undertakings set forth in this Paragraph 7:
(i) All of Employee’s unvested equity shall be immediately forfeited and neither TTEC TeleTech Parent nor the Company shall have any further liabilities to Employee pursuant to this Agreement, including without limitation no liability for any equity not yet granted or granted and unvested;
(ii) Employee and those who aid her in such breach shall be liable for all costs and business loses including any damages and out-of-pocket expenses associated with or resulting from such breach; and
(iii) Employee hereby consents and agrees that TTEC TeleTech Parent and the Company shall be entitled to seek, in addition to other available remedies, a temporary or permanent injunction or other equitable relief against such breach or threatened breach from any court of competent jurisdiction, without the necessity of showing any actual damages or that money damages would not afford an adequate remedy, and without the necessity of posting any bond or other security. The aforementioned equitable relief shall be in addition to, not in lieu of, legal remedies, monetary damages or other available forms of relief.
Appears in 1 contract
Samples: Executive Employment Agreement (Teletech Holdings Inc)