Common use of Equitable Relief Authorized Clause in Contracts

Equitable Relief Authorized. Executive acknowledges that if he violates any provision contained in the Agreement, the Company’s business interests will be irreparably injured, the full extent of the Company’s damages will be impossible to ascertain, monetary damages will not be an adequate remedy for the Company, and the Company will be entitled to enforce the Agreement to prevent a breach or threatened breach of the Agreement by temporary, preliminary or permanent injunction or other equitable relief without the necessity of proving actual damage and without the necessity of posting bond or security, which Executive expressly waives. Executive also agrees that the Company may, in addition to seeking injunctive relief, seek monetary damages for any breach of the Agreement in addition to equitable relief and that the granting of equitable relief shall not preclude the Company from recovering monetary damages.

Appears in 7 contracts

Samples: Executive Employment Agreement (Erickson Air-Crane Inc), Executive Employment Agreement (Erickson Air-Crane Inc), Executive Employment Agreement (Erickson Air-Crane Inc)

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Equitable Relief Authorized. Executive acknowledges that if he violates any provision contained in the event of a violation of the provisions of Sections 7, 8 or 9 of this Agreement, the Company’s business interests will be irreparably injured, the full extent of the Company’s damages will be impossible to ascertain, monetary damages will not be an adequate remedy for the Company, and the Company will be entitled to enforce the this Agreement to prevent a breach or threatened breach of the Agreement by temporary, preliminary or permanent injunction or other equitable relief without the necessity of proving actual damage and without the necessity of posting bond or security, which Executive expressly waives. Executive also agrees that the Company may, in addition to seeking injunctive relief, seek monetary damages for any breach of the provisions contained in this Agreement in addition to equitable relief and that the granting of equitable relief shall not preclude the Company from recovering monetary damages.

Appears in 5 contracts

Samples: Executive Employment Agreement (Capstone Companies, Inc.), Executive Employment Agreement (Capstone Companies, Inc.), Executive Employment Agreement (CHDT Corp)

Equitable Relief Authorized. Executive acknowledges that if he violates any provision contained in the event of a violation of the provisions of Sections 7, 8 or 9 of this Agreement, the Company’s 's business interests will be irreparably injured, the full extent of the Company’s 's damages will be impossible to ascertain, monetary damages will not be an adequate remedy for the Company, and the Company will be entitled to enforce the this Agreement to prevent a breach or threatened breach of the Agreement by temporary, preliminary or permanent injunction or other equitable relief without the necessity of proving actual damage and without the necessity of posting bond or security, which Executive expressly waives. Executive also agrees that the Company may, in addition to seeking injunctive relief, seek monetary damages for any breach of the provisions contained in this Agreement in addition to equitable relief and that the granting of equitable relief shall not preclude the Company from recovering monetary damages.

Appears in 5 contracts

Samples: Executive Employment Agreement (Capstone Companies, Inc.), Executive Employment Agreement (Capstone Companies, Inc.), Executive Employment Agreement (Capstone Companies, Inc.)

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Equitable Relief Authorized. Executive acknowledges that if he violates any provision contained in the Agreement, the Company’s 's business interests will be irreparably injured, the full extent of the Company’s 's damages will be impossible to ascertain, monetary damages will not be an adequate remedy for the Company, and the Company will be entitled to enforce the Agreement to prevent a breach or threatened breach of the Agreement by temporary, preliminary or permanent injunction or other equitable relief without the necessity of proving actual damage and without the necessity of posting bond or security, which Executive expressly waives. Executive also agrees that the Company may, in addition to seeking injunctive relief, seek monetary damages for any breach of the Agreement in addition to equitable relief and that the granting of equitable relief shall not preclude the Company from recovering monetary damages.

Appears in 1 contract

Samples: Executive Employment Agreement (Erickson Inc.)

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