Common use of INJUNCTION AND EQUITABLE RELIEF Clause in Contracts

INJUNCTION AND EQUITABLE RELIEF. It is recognized and hereby acknowledged by the parties hereto that a breach by the Executive of any of the covenants contained in this Agreement will cause irreparable harm and damage to the Company, the monetary amount of which may be virtually impossible to ascertain. As a result, the Executive recognizes and hereby acknowledges that the Company shall be entitled to an injunction from any court of competent jurisdiction enjoining and restraining any violation of any or all of the covenants contained in this Agreement by the Executive or any of his affiliates, associates, partners or agents, either directly or indirectly, together with all other appropriate equitable relief, and that such right to injunction and equitable relief shall be cumulative and in addition to whatever other remedies the Company may possess.

Appears in 4 contracts

Samples: Employment Agreement (FreeSeas Inc.), Employment Agreement (FreeSeas Inc.), Employment Agreement (FreeSeas Inc.)

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