Common use of Entitlement to Injunctive Relief Clause in Contracts

Entitlement to Injunctive Relief. If Employee breaches any of the restrictions set forth in Article III, Employee agrees that: (a) Company would suffer irreparable harm; (b) it would be difficult to determine damages, and money damages alone would be an inadequate remedy for the injuries suffered by Company; and (c) if Company seeks injunctive relief to enforce this Agreement, Employee shall waive and shall not (i) assert any defense that Company has an adequate remedy at law with respect to the breach, (ii) require that Company submit proof of the economic value of any Trade Secret or Confidential Information, or (iii) require Company to post a bond or any other security. Nothing contained in this Agreement shall limit Company’s right to any other remedies at law or in equity.

Appears in 7 contracts

Samples: Employment Security Agreement (Internap Corp), Employment Security Agreement (Internap Corp), Employment Security Agreement (Internap Corp)

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Entitlement to Injunctive Relief. If Employee Executive breaches any of the restrictions set forth in Article IIIARTICLE V, Employee Executive agrees that: (a) Company would suffer irreparable harm; (b) it would be difficult to determine damages, and money damages alone would be an inadequate remedy for the injuries suffered by Company; and (c) if Company seeks injunctive relief to enforce this Agreement, Employee Executive shall waive and shall not (i) assert any defense that Company has an adequate remedy at law with respect to the breach, (ii) require that Company submit proof of the economic value of any Trade Secret or Confidential Information, or (iii) require Company to post a bond or any other security. Nothing contained in this Agreement shall limit Company’s right to any other remedies at law or in equity.

Appears in 2 contracts

Samples: Employment Agreement (Internap Corp), Employment Agreement (Internap Corp)

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Entitlement to Injunctive Relief. If Employee breaches any of the restrictions set forth in Article IIIII, Employee agrees that: (a) Company would suffer irreparable harm; (b) it would be difficult to determine damages, and money damages alone would be an inadequate remedy for the injuries suffered by Company; and (c) if Company seeks injunctive relief to enforce this Agreement, Employee shall waive and shall not (i) assert any defense that Company has an adequate remedy at law with respect to the breach, (ii) require that Company submit proof of the economic value of any Trade Secret or Confidential Information, or (iii) require Company to post a bond or any other security. Nothing contained in this Agreement shall limit Company’s right to any other remedies at law or in equity.

Appears in 1 contract

Samples: Employment Security Agreement (Internap Network Services Corp)

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