Common use of Consequences of Violating Promises Clause in Contracts

Consequences of Violating Promises. The parties agree to pay the reasonable attorneys’ fees and any damages that either party may incur as a result of the other party breaching a promise it made in this Agreement. I further agree that the Company would be irreparably harmed by any actual or threatened violation of any of the provisions of Section 3 of this Agreement, and that the Company will be entitled to an injunction prohibiting me from committing any such violation. I agree to repay all sums paid to me as described herein as a result of any breach by me of promises made in this Agreement.

Appears in 7 contracts

Samples: Employment Agreement, Employment Agreement (Malibu Boats, Inc.), Employment Agreement (Malibu Boats, Inc.)

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