Common use of Injunctions and Enforcement of Arbitration Awards Clause in Contracts

Injunctions and Enforcement of Arbitration Awards. You or the Group may bring an action or special proceeding in a state or federal court of competent jurisdiction sitting in Honolulu, Hawaii to enforce any arbitration award under Section 13(b). Also, the Group may bring such an action or proceeding, in addition to its rights under Section 13(b) and whether or not an arbitration proceeding has been or is ever initiated, to temporarily, preliminarily or permanently enforce any part of Sections 9 and 10. You agree that (1) your violating any part of Sections 9 and 10 would cause damage to the Group that cannot be measured or repaired, (2) the Group therefore is entitled to an injunction, restraining order or other equitable relief restraining any actual or threatened violation of those Sections, (3) no bond will need to be posted for the Group to receive such an injunction, order or other relief and (4) no proof will be required that monetary damages for violations of those Sections would be difficult to calculate and that remedies at law would be inadequate.

Appears in 7 contracts

Samples: Is Your Employment Agreement (Central Pacific Financial Corp), Is Your Employment Agreement (Central Pacific Financial Corp), Is Your Employment Agreement (Central Pacific Financial Corp)

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Injunctions and Enforcement of Arbitration Awards. You or the Group may bring an action or special proceeding in a state or federal court of competent jurisdiction sitting in Honolulu, Hawaii to enforce any arbitration award under Section 13(b10(b). Also, the Group may bring such an action or proceeding, in addition to its rights under Section 13(b10(b) and whether or not an arbitration proceeding has been or is ever initiated, to temporarily, preliminarily or permanently enforce any part of Sections 9 6 and 107. You agree that (1) your violating any part of Sections 9 6 and 10 7 would cause damage to the Group that cannot be measured or repaired, (2) the Group therefore is entitled to an injunction, restraining order or other equitable relief restraining any actual or threatened violation of those Sections, (3) no bond will need to be posted for the Group to receive such an injunction, order or other relief and (4) no proof will be required that monetary damages for violations of those Sections would be difficult to calculate and that remedies at law would be inadequate.

Appears in 4 contracts

Samples: Central Pacific Financial Corp, Central Pacific Financial Corp, Central Pacific Financial Corp

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