Common use of Equitable Relief and Indemnification Clause in Contracts

Equitable Relief and Indemnification. Each of the parties acknowledges and agrees that due to the unique nature of its proprietary information there can be no adequate remedy of law for any breach of its obligations hereunder, and that any such breach may allow the breaching party or third parties to unfairly compete with the non‐ breaching party resulting in irreparable harm to the non‐breaching party that cannot be adequately compensated. Therefore, upon any such breach or any threat thereof, the non‐breaching party shall be entitled to temporary, preliminary, and permanent injunctive relief in addition to whatever other remedies it might have at law and equity and to be indemnified by the breaching party from any loss or harm, including without limitation, actual attorney fees, in connection with any breach or enforcement of the breaching party’s obligations hereunder or the unauthorized use or release of any such proprietary information. Each party will notify the other party in writing immediately upon the occurrence of any unauthorized release or other breach of which it is aware.

Appears in 2 contracts

Samples: Consulting and Services Agreement, Consulting and Services Agreement

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Equitable Relief and Indemnification. Each of the parties acknowledges and agrees that due to the unique nature of its proprietary information there can be no adequate remedy of law for any breach of its obligations hereunder, and that any such breach may allow the breaching party or third parties to unfairly compete with the non‐ non-breaching party resulting in irreparable harm to the non‐breaching non-breaching party that cannot be adequately compensated. Therefore, upon any such breach or any threat thereof, the non‐breaching non-breaching party shall be entitled to temporary, preliminary, and permanent injunctive relief in addition to whatever other remedies it might have at law and equity and to be indemnified by the breaching party from any loss or harm, including without limitation, actual attorney fees, in connection with any breach or enforcement of the breaching party’s obligations hereunder or the unauthorized use or release of any such proprietary information. Each party will notify the other party in writing immediately upon the occurrence of any unauthorized release or other breach of which it is aware.

Appears in 1 contract

Samples: Consulting and Services Agreement

Equitable Relief and Indemnification. Each of the parties Parties acknowledges and agrees that due to the unique nature of its proprietary information Proprietary Information there can be no adequate remedy of law for any breach of its obligations hereunder, and that any such breach may allow the breaching party Party or third parties to unfairly compete with the non‐ non-breaching party Party resulting in irreparable harm to the non‐breaching party non-breaching Party that cannot be adequately compensated. Therefore, upon any such breach or any threat thereof, the non‐breaching party non-breaching Party shall be entitled to temporary, preliminary, and permanent injunctive appropriate equitable relief in addition to whatever other remedies it might have at law and equity and to be indemnified by the breaching party Party from any loss or harm, including without limitation, actual attorney attorney’s fees, in connection with any breach or enforcement of the breaching partyParty’s obligations obliga­tions hereunder or the unauthorized use or release of any such proprietary informationProprietary Information. Each party Party will notify the other party Party in writing immediately upon the occurrence of any unauthorized release or other breach of which it is aware.

Appears in 1 contract

Samples: Bariatric Administrative Services Agreement (iVOW, Inc.)

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Equitable Relief and Indemnification. Each of the parties acknowledges and agrees that due to the unique nature of its proprietary information there can be no adequate remedy of law for any breach of its obligations hereunder, and that any such breach may allow the breaching party or third parties to unfairly compete with the non‐ non-breaching party resulting in irreparable harm to the non‐breaching non-breaching party that cannot be adequately compensated. Therefore, upon any such breach or any threat thereof, the non‐breaching non- breaching party shall be entitled to temporary, preliminary, and permanent injunctive relief in addition to whatever other remedies it might have at law and equity and to be indemnified by the breaching party from any loss or harm, including without limitation, actual attorney fees, in connection with any breach or enforcement of the breaching party’s obligations hereunder or the unauthorized use or release of any such proprietary information. Each party will notify the other party in writing immediately upon the occurrence of any unauthorized release or other breach of which it is aware.

Appears in 1 contract

Samples: Consulting and Services Agreement

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