Common use of Consideration and Remedies Clause in Contracts

Consideration and Remedies. The Participant recognizes and acknowledges that the opportunity to earn compensation or receive Shares under this Agreement is adequate consideration for the covenants set forth in this Section 10. The Participant further acknowledges that the Company has no adequate remedy at law should the Participant violate or threaten to or attempt to violate any one or more of the covenants in this Section 10, and the Participant agrees that, in addition to the forfeiture of any RSUs that have not yet vested or Shares that have not yet been delivered to the Participant, the Company is entitled to an injunction or other equitable relief restraining the Participant from violating or threatening to or attempting to violate any one or more of the covenants set forth in this Section 10.

Appears in 5 contracts

Samples: Vested Restricted Stock Unit Agreement (Ati Inc), Vested Restricted Stock Unit Agreement (Ati Inc), Time Vested Restricted Stock Unit Agreement (Allegheny Technologies Inc)

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Consideration and Remedies. The Participant recognizes and acknowledges that the opportunity to earn compensation or receive Shares under this Agreement is adequate consideration for the covenants set forth in this Section 1011. The Participant further acknowledges that the Company has no adequate remedy at law should the Participant violate or threaten to or attempt to violate any one or more of the covenants in this Section 1011, and the Participant agrees that, in addition to the forfeiture of any RSUs PSUs that have not yet vested or Shares that have not yet been delivered to the Participant, the Company is entitled to an injunction or other equitable relief restraining the Participant from violating or threatening to or attempting to violate any one or more of the covenants set forth in this Section 1011.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Allegheny Technologies Inc)

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