Common use of Discovery and Injunctive Relief Clause in Contracts

Discovery and Injunctive Relief. In the event I violate, or the Company reasonably believes I am about to violate, this Agreement, I agree the Company will have no adequate monetary remedy and is entitled to injunctive relief to prevent the violation(s) and/or preserve the status quo. I agree that in any proceeding alleging breach of this Agreement (whether in court or in arbitration), each party shall have the right to engage in deposition and document discovery, and the Company shall have the right to conduct forensic examination(s) of any computers and/or electronic devices in my possession or control, if the Company reasonably believes such devices contain Confidential Information and/or Intellectual Property. I further agree that in connection with any application for injunctive relief, discovery shall be conducted on an expedited basis. If any dispute under this Agreement is arbitrable, then I understand my agreement to engage in discovery as outlined in this paragraph is an essential term of my arbitration agreement with the Company, and these provisions are intended to supplement and modify any applicable arbitration rules.

Appears in 4 contracts

Samples: Intellectual Property Ownership Agreement, Confidentiality, Nonsolicitation, and Intellectual Property Ownership Agreement, Intellectual Property Ownership Agreement

AutoNDA by SimpleDocs

Discovery and Injunctive Relief. In the event I violate, or the Company Xxxxxx reasonably believes I am about to violate, Paragraphs 1 and 4 of this Agreement, I agree the Company Xxxxxx will have no adequate monetary remedy and is entitled to injunctive relief to prevent the violation(s) and/or preserve the status quo. I agree that in any proceeding alleging breach of this Agreement (whether in court or in arbitration), each party shall have the right to engage in deposition and document discovery, and the Company Xxxxxx shall have the right to conduct forensic examination(s) of any computers and/or electronic devices in my possession or control, if the Company Xxxxxx reasonably believes such devices contain Confidential Information and/or Intellectual Property. I further agree that in connection with any application for injunctive relief, discovery shall be conducted on an expedited basis. If any dispute under this Agreement is arbitrable, then I understand my agreement to engage in discovery as outlined in this paragraph is an essential term of my arbitration agreement with the CompanySchwab, and these provisions are intended to supplement and modify any applicable arbitration rules.

Appears in 1 contract

Samples: Intellectual Property Ownership Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!