Damages and Injunctive Relief. I acknowledge and agree that: a. My obligations under this Agreement have a unique and substantial value to the Company and I remain obligated even if I voluntarily or involuntarily leave the Company’s employment (or consultancy). I understand that if I violate this Agreement during or after my employment (or consultancy) or engagement, the Company may be able to recover monetary damages from me and/or the other relief described below. b. A violation or even a threatened violation of this Agreement is likely to result in irreparable harm to the Company and monetary damages alone would not completely compensate the Company for the harm. Accordingly, the Company may obtain an injunction prohibiting me from violating this Agreement, an order requiring me to render specific performance of the Agreement, and/or other appropriate equitable remedies, without the necessity of the Company obtaining a bond. c. If a court determines that I have breached or attempted or threatened to breach this Agreement, I consent to the granting of an injunction restraining me from further breaches or attempted or threatened breaches of this Agreement, compelling me to comply with this Agreement, and/or prescribing other equitable remedies.
Appears in 4 contracts
Samples: Employment Agreement (CARGO Therapeutics, Inc.), Employment Agreement (CARGO Therapeutics, Inc.), Offer Letter (CARGO Therapeutics, Inc.)
Damages and Injunctive Relief. I acknowledge and agree that:
a. (a) My obligations under this Agreement have a unique and substantial value to the Company and I remain obligated even if I voluntarily or involuntarily leave the Company’s employment (or consultancy)employment. I understand that if I violate this Agreement during or after my employment (or consultancy) or engagementemployment, the Company may be able to recover monetary damages from me and/or the other relief described below.
b. A (b) I agree that a violation or even a threatened violation of this Agreement is likely to result in irreparable harm to the Company and its goodwill, the exact amount of which will be difficult or impossible to ascertain, and monetary damages alone would will not completely compensate the Company for the harm. Accordingly, the Company may obtain an injunction prohibiting me from violating this Agreement, an order requiring me to render specific performance of the Agreement, and/or any other appropriate equitable remedies, without the necessity of the Company obtaining a bondremedy which may be available at law or in equity.
c. (c) If a court determines that I have breached or attempted or threatened to breach this Agreement, I consent to the granting of an injunction restraining me from further breaches or attempted or threatened breaches of this Agreement, compelling me to comply with this Agreement, and/or prescribing other equitable remedies.
Appears in 3 contracts
Samples: Employment Agreement (Radius Health, Inc.), Executive Employment Agreement (Radius Health, Inc.), Executive Employment Agreement (Radius Health, Inc.)
Damages and Injunctive Relief. I acknowledge and agree that:
a. (i) My obligations under this Agreement have a unique and substantial value to the Company and I remain obligated even if I voluntarily or involuntarily leave the Company’s employment (or consultancy)employment. I understand that if I violate this Agreement during or after my employment (or consultancy) or engagementemployment, the Company may be able to recover monetary damages from me and/or the other relief described below.
b. (ii) A violation or even a threatened violation of this Agreement is likely to result in irreparable harm to the Company and monetary damages alone would not completely compensate the Company for the harm. Accordingly, the Company may obtain an injunction prohibiting me from violating this Agreement, an order requiring me to render specific performance of the Agreement, and/or other appropriate equitable remedies, without the necessity of the Company obtaining a bond.
c. (iii) If a court determines that I have breached or attempted or threatened to breach this Agreement, I consent to the granting of an injunction restraining me from further breaches or attempted or threatened breaches of this Agreement, compelling me to comply with this Agreement, and/or prescribing other equitable remedies.
Appears in 1 contract