Common use of Covenants of Sections 5 and 6 are Essential and Independent Covenants Clause in Contracts

Covenants of Sections 5 and 6 are Essential and Independent Covenants. The covenants by the Employee in Sections 5 and 6 are essential elements of this Agreement, and without the Employee's agreement to comply with such covenants, the Employer would not have entered into this Agreement or continued the employment of the Employee. The Employer and the Employee have independently consulted their respective counsel and have been advised in all respects concerning the reasonableness and propriety of such covenants, with specific regard to the nature of the business conducted by the Employer. The Employee's covenants in Section 5 and 6 are independent covenants and the existence of any claim by the Employee against the Employer under this Agreement or otherwise will not excuse the Employee's breach of any covenant in Sections 5 or 6. If the Employee's employment hereunder expires or is terminated, this Agreement will continue in full force and effect as is necessary or appropriate to enforce the covenants and agreements of the Employee in Sections 5 and 6.

Appears in 2 contracts

Samples: Employment Agreement (Newmark Homes Corp), Employment Agreement (Newmark Homes Corp)

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Covenants of Sections 5 and 6 are Essential and Independent Covenants. The covenants by the Employee in Sections 5 and 6 are essential elements of this Agreement, and without the Employee's ’s agreement to comply with such covenants, the Employer would not have entered into this Agreement or employed or continued the employment of the Employee. The Employer and the Employee have independently consulted their respective counsel and have been advised in all respects concerning the reasonableness and propriety of such covenants, with specific regard to the nature of the business conducted by the Employer. The Employee's ’s covenants in Section Sections 5 and 6 are independent covenants and the existence of any claim by the Employee against the Employer under this Agreement or otherwise otherwise, will not excuse the Employee's ’s breach of any covenant in Sections 5 or and 6. If the Employee's ’s employment hereunder expires or is terminated, this Agreement will continue in full force and effect as is necessary or appropriate to enforce the covenants and agreements of the Employee in Sections 5 and 6, and the Employer will have the right in addition to any other rights it may have, to seek injunctive relief to restrain or specifically enforce provisions of this Agreement.

Appears in 2 contracts

Samples: Employment Agreement (PetroHunter Energy Corp), Employment Agreement (Geopetro Resources Co)

Covenants of Sections 5 and 6 are Essential and Independent Covenants. The covenants by the Employee in Sections 5 and 6 are essential elements of this Agreement, and without the Employee's ’s agreement to comply with such covenants, the Employer would not have entered into this Agreement or continued the employment of employed the Employee. The Employer and the Employee have independently consulted their respective counsel and have been advised in all respects concerning the reasonableness and propriety of such covenants, with specific regard to the nature of the business conducted by the Employer. The Employee's ’s covenants in Section Sections 5 and 6 are independent covenants and the existence of any claim by the Employee against the Employer under this Agreement or otherwise or against Employer will not excuse the Employee's ’s breach of any covenant in Sections Section 5 or 6. If the Employee's ’s employment hereunder expires or is terminated, this Agreement will continue in full force and effect as is necessary or appropriate to enforce the covenants and agreements of the Employee in Sections 5 and 6.

Appears in 1 contract

Samples: Employment Agreement (Frankly Inc)

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Covenants of Sections 5 and 6 are Essential and Independent Covenants. The covenants by the Employee in Sections 5 and 6 are essential elements of this Agreement, and without the Employee's ’s agreement to comply with such covenants, the Employer would not have entered into this Agreement or employed or continued the employment of the Employee. The Employer and the Employee have independently consulted their respective counsel and have been advised in all respects concerning the reasonableness and propriety of such covenants, with specific regard to the nature of the business conducted by the Employer. Lxxx Xxxxxxx The Employee's ’s covenants in Section Sections 5 and 6 are independent covenants and the existence of any claim by the Employee against the Employer under this Agreement or otherwise otherwise, will not excuse the Employee's ’s breach of any covenant in Sections 5 or and 6. If the Employee's ’s employment hereunder expires or is terminated, this Agreement will continue in full force and effect as is necessary or appropriate to enforce the covenants and agreements of the Employee in Sections 5 and 6, and the Employer will have the right in addition to any other rights it may have, to seek injunctive relief to restrain or specifically enforce provisions of this Agreement.

Appears in 1 contract

Samples: Employment Agreement (PetroHunter Energy Corp)

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