Common use of Enforcement and Remedies Clause in Contracts

Enforcement and Remedies. Executive understands that the restrictions set forth in Section 6.1 may limit Executive's ability to engage in certain businesses anywhere in the world during the period provided for above, but acknowledges that Executive will receive sufficiently high remuneration and other benefits under this Agreement to justify such restriction. Executive acknowledges that money damages would not be sufficient remedy for any breach of this Article by Executive, and Company shall be entitled to enforce the provisions of this Article by terminating any payments then owing to Executive under this Agreement and/or to specific performance and injunctive relief as remedies for such breach or any threatened breach. Such remedies shall not be deemed the exclusive remedies for a breach of this Article, but shall be in addition to all remedies available at law or in equity to Company, including without limitation, the recovery of damages from Executive and Executive's agents involved in such breach and remedies available to Company pursuant to other agreements with Executive.

Appears in 12 contracts

Samples: Employment Agreement (Core Laboratories N V), Employment Agreement (Core Laboratories N V), Employment Agreement (Core Laboratories N V)

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Enforcement and Remedies. Executive understands that the restrictions set forth in Section 6.1 may limit Executive's ’s ability to engage in certain businesses anywhere in the world during the period provided for above, but acknowledges that Executive will receive sufficiently high remuneration and other benefits under this Agreement to justify such restriction. Executive acknowledges that money damages would not be sufficient remedy for any breach of this Article by Executive, and Company shall be entitled to enforce the provisions of this Article by terminating any payments then owing to Executive under this Agreement and/or to specific performance and injunctive relief as remedies for such breach or any threatened breach. Such remedies shall not be deemed the exclusive remedies for a breach of this Article, but shall be in addition to all remedies available at law or in equity to Company, including without limitation, the recovery of damages from Executive and Executive's ’s agents involved in such breach and remedies available to Company pursuant to other agreements with Executive.

Appears in 11 contracts

Samples: Employment Agreement (Core Laboratories Inc. /DE/), Employment Agreement (Core Laboratories Inc. /DE/), Employment Agreement (Core Laboratories Inc. /DE/)

Enforcement and Remedies. Executive understands that the restrictions set forth in Section 6.1 paragraph 5.1 may limit Executive's ability to engage in certain businesses anywhere in the world during the period provided for above, but acknowledges that Executive will receive sufficiently high remuneration and other benefits under this Agreement to justify such restriction. Executive acknowledges that money damages would not be sufficient remedy for any breach of this Article by Executive, and Company shall be entitled to enforce the provisions of this Article by terminating any payments then owing to Executive under this Agreement and/or to specific performance and injunctive relief as remedies for such breach or any threatened breach. Such remedies shall not be deemed the exclusive remedies for a breach of this Article, but shall be in addition to all remedies available at law or in equity to Company, including without limitation, the recovery of damages from Executive and Executive's agents involved in such breach and remedies available to Company pursuant to other agreements with Executive.

Appears in 4 contracts

Samples: Employment Agreement (Southwest Bancorp of Texas Inc), Employment Agreement (Southwest Bancorp of Texas Inc), Merger Agreement (Southwest Bancorp of Texas Inc)

Enforcement and Remedies. Executive understands that the restrictions set forth in Section 6.1 may limit Executive's ability to engage in certain businesses anywhere in the world during the period provided for above, but acknowledges that Executive will receive sufficiently high remuneration and other benefits under this Agreement to justify such restriction. Executive acknowledges that money damages alone would not be sufficient remedy for any breach of this Article 5 or 6 by Executive, that any material breach or threatened material breach of Article 5 or 6 based on a good faith determination by the Board will result in irreparable harm to Company, and Company shall be entitled to enforce the provisions of this Article 5 or 6 by terminating any payments then owing to Executive under this Agreement and/or to specific performance and injunctive relief as remedies for such breach or any threatened breachbreach without posting any bond or other security, barring Executive from violating any such provision. Such remedies shall not be deemed the exclusive remedies for a breach of this ArticleArticle 5 or 6, but shall be in addition to all remedies available at law or in equity to Company, including including, without limitation, the recovery of damages from Executive and Executive's ’s agents involved in such breach and remedies available to Company pursuant to other agreements with Executive.

Appears in 2 contracts

Samples: Employment Agreement (Scotts Liquid Gold Inc), Employment Agreement (Scotts Liquid Gold Inc)

Enforcement and Remedies. Executive understands that the restrictions set forth in Section 6.1 paragraph 5.1 may limit Executive's ability to engage in certain businesses anywhere in the world during the period provided for above, but acknowledges that Executive will receive sufficiently high remuneration and other benefits under this Agreement to justify such restriction. Executive acknowledges that money damages would not be sufficient remedy for any breach of this Article by Executive, and Company shall be entitled to enforce the provisions of this Article by be terminating any payments then owing to Executive under this Agreement and/or to specific performance and injunctive relief as remedies for such breach or any threatened breach. Such remedies shall not be deemed the exclusive remedies for a breach of this Article, but shall be in addition to all remedies available at law or in equity to Company, including without limitation, the recovery of damages from Executive and Executive's agents involved in such breach and remedies available to Company pursuant to other agreements with Executive.

Appears in 1 contract

Samples: Employment Agreement (Marine Drilling Companies Inc)

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Enforcement and Remedies. Executive understands that the restrictions set forth in Section 6.1 5.1 may limit Executive's ’s ability to engage in certain businesses anywhere in the world during the period provided for above, but acknowledges that Executive will receive sufficiently high remuneration and other benefits under this Agreement to justify such restriction. Executive acknowledges that money damages would not be sufficient remedy for any breach of this Article 5 by Executive, and Company shall be entitled to enforce the provisions of this Article 5 by terminating any payments then owing to Executive under this Agreement and/or to specific performance and injunctive relief as remedies for such breach or any threatened breach. Such remedies shall not be deemed the exclusive remedies for a breach of this ArticleArticle 5, but shall be in addition to all remedies available at law or in equity to Company, including without limitation, the recovery of damages from Executive and Executive's ’s agents involved in such breach and remedies available to Company pursuant to other agreements with Executive.

Appears in 1 contract

Samples: Employment Agreement (Southwest Bancorp of Texas Inc)

Enforcement and Remedies. Executive understands that the restrictions set forth in Section 6.1 may limit Executive's ability to engage in certain businesses anywhere in the world during the period provided for above, but acknowledges that Executive will receive sufficiently high remuneration and other benefits under this Agreement to justify such restriction. Executive acknowledges that money damages would not be a sufficient remedy for any breach of this Article by Executive, and Company shall be entitled to enforce the provisions of this Article by terminating any payments then owing to Executive under this Agreement and/or to specific performance and injunctive relief as remedies for such breach or any threatened breach. Such remedies shall not be deemed the exclusive remedies for a breach of this Article, but shall be in addition to all remedies available at law or in equity to Company, including without limitation, the recovery of damages from Executive and Executive's agents involved in such breach and remedies available to Company pursuant to other agreements with Executive.

Appears in 1 contract

Samples: Employment Agreement (Mannatech Inc)

Enforcement and Remedies. Executive understands that the restrictions set forth in Section paragraph 6.1 may limit Executive's ability to engage in certain businesses anywhere in the world during solicitation of the period provided for aboveCompany and its subsidiaries and affiliates, but acknowledges that Executive will receive sufficiently high remuneration and other benefits under this Agreement to justify such restriction. Executive acknowledges that money damages would not be sufficient remedy for any breach of this Article by Executive, and Company shall be entitled to enforce the provisions of this Article by be terminating any payments then owing to Executive under this Agreement and/or to specific performance and injunctive relief as remedies for such breach or any threatened breach. Such remedies shall not be deemed the exclusive remedies for a breach of this Article, but shall be in addition to all remedies available at law or in equity to Company, including without limitation, the recovery of damages from Executive and Executive's agents involved in such breach and remedies available to Company pursuant to other agreements with Executive.

Appears in 1 contract

Samples: Employment Agreement (Marine Drilling Companies Inc)

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