Common use of Extraordinary Relief Clause in Contracts

Extraordinary Relief. Nothing in this Agreement shall be construed as prohibiting the Company from pursuing all remedies available to the Company for breach of this Agreement. Employee recognizes and agrees that because of the unique nature of the Confidential Information and the competitive position of the Company his breach of this Agreement will irreparably injure the Company, for which the Company could not adequately be compensated by remedies at law. Should Employee at any time reveal or use for the benefit of other than the Company or threaten to so reveal or use any Confidential Information in violation of Paragraph 2, the Company shall be entitled to an injunction restraining Employee from doing or continuing to do or performing any such acts, and Employee hereby consents to the issuance of such injunction against Employee. Employee further agrees to waive any bond or proof of damages requirement that may arise if the Company is forced to seek injunctive relief to enforce the terms of this Agreement.

Appears in 6 contracts

Samples: Employment Agreement (Enhance Biotech Inc), Employment Agreement (Enhance Biotech Inc), Employment Agreement (Enhance Biotech Inc)

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Extraordinary Relief. Nothing in this Agreement shall be construed as prohibiting the Company from pursuing all remedies available to the Company for breach of this Agreement. Employee recognizes and agrees that because of the unique nature of the Confidential Information and the competitive position of the Company his breach of this Agreement will irreparably injure the Company, for which the Company could not adequately be compensated by remedies at law. Should Employee at any time reveal or use for the benefit of other than the Company or threaten to so reveal or use any Confidential Information Information, or during any restricted period violate or threaten to violate any of the restrictions in violation of Paragraph 210, the Company shall be entitled to an injunction restraining Employee from doing or continuing to do or performing any such acts, and Employee hereby consents to the issuance of such injunction against Employee. Employee further agrees to waive any bond or proof of damages requirement that may arise if the Company is forced to seek injunctive relief to enforce the terms of this Agreement.

Appears in 1 contract

Samples: Special Terms And (Mobile Reach International Inc)

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