Common use of Effect of Breach Clause in Contracts

Effect of Breach. Employee agrees that a breach of any obligation in this Section 4 cannot adequately be compensated by money damages and, therefore, the Company shall be entitled, in addition to any other right or remedy available to it (including, but not limited to, an action for damages), to an injunction restraining such breach or a threatened breach and to specific performance of such provisions, and Employee hereby consents to the issuance of such injunction and to the ordering of specific performance, without the requirement of the Company to post any bond or other security.

Appears in 6 contracts

Samples: Executive Employment Agreement, Executive Employment Agreement (Provectus Biopharmaceuticals, Inc.), Executive Employment Agreement (Provectus Biopharmaceuticals, Inc.)

AutoNDA by SimpleDocs

Effect of Breach. Employee agrees that a breach of any obligation in this Section 4 5 cannot adequately be compensated by money damages and, therefore, the Company shall be entitled, in addition to any other right or remedy available to it (including, but not limited to, an action for damages), to an injunction restraining such breach or a threatened breach and to specific performance of such provisions, and Employee hereby consents to the issuance of such injunction and to the ordering of specific performance, without the requirement of the Company to post any a bond or other security.

Appears in 5 contracts

Samples: Employment Agreement (Spirit AeroSystems Holdings, Inc.), Employment Agreement (Spirit AeroSystems Holdings, Inc.), Employment Agreement (Spirit AeroSystems Holdings, Inc.)

Effect of Breach. Employee agrees that a breach of any obligation in this Section 4 cannot adequately be compensated by money damages and, therefore, the Company shall be entitled, in addition to any other right or remedy available to it (including, but not limited to, an action for damages), to an injunction restraining such breach or a threatened breach and to specific performance of such provisions, and Employee hereby consents to the issuance of such injunction and to the ordering of specific performance, without the requirement of the Company to post any a bond or other security.

Appears in 4 contracts

Samples: Employment Agreement (Spirit AeroSystems Holdings, Inc.), Employment Agreement (Spirit AeroSystems Holdings, Inc.), Employment Agreement (Spirit AeroSystems Holdings, Inc.)

Effect of Breach. Employee agrees that a breach of any obligation in this Section 4 cannot adequately be compensated by money damages and, therefore, each member of the Company Group shall be entitled, in addition to any other right or remedy available to it (including, but not limited to, an action for damages), to seek an injunction restraining such breach or a threatened breach and to specific performance of such provisions, and Employee hereby consents to the issuance of such injunction and to the ordering of specific performance, without the requirement of any member of the Company Group to post any a bond or other security.

Appears in 3 contracts

Samples: Employment Agreement (Spirit AeroSystems Holdings, Inc.), Employment Agreement (Spirit AeroSystems Holdings, Inc.), Employment Agreement (Spirit AeroSystems Holdings, Inc.)

AutoNDA by SimpleDocs

Effect of Breach. The Employee agrees that a breach of any obligation in this Section 4 5 cannot adequately be compensated by money damages and, therefore, the Company shall will be entitled, in addition to any other right or remedy available to it (including, but not limited to, an action for damages), to an injunction restraining such breach or a threatened breach and to specific performance of such provisions, and the Employee hereby consents to the issuance of such injunction and to the ordering of specific performance, without the requirement of the Company to post any a bond or other security.

Appears in 2 contracts

Samples: Employment Agreement (Spirit AeroSystems Holdings, Inc.), Employment Agreement (Spirit AeroSystems Holdings, Inc.)

Effect of Breach. Employee agrees that a breach of any obligation in this Section 4 cannot adequately be compensated by money damages and, therefore, the Company shall will be entitled, in addition to any other right or remedy available to it (including, but not limited to, an action for damages), to an injunction restraining such breach or a threatened breach and to specific performance of such provisions, and Employee hereby consents to the issuance of such injunction and to the ordering of specific performance, without the requirement of the Company to post any a bond or other security.

Appears in 1 contract

Samples: Employment Agreement (Spirit AeroSystems Holdings, Inc.)

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