Common use of Injunctions, etc Clause in Contracts

Injunctions, etc. The Executive acknowledges and agrees that in the event of a breach of the covenants, provisions and restrictions in Article VI, Article VII or Article VIII by the Executive, the Corporation’s remedy in the form of monetary damages will be inadequate. Therefore, the Corporation shall be and hereby is authorized and entitled, in addition to all other rights and remedies available to it, to apply to a court of competent jurisdiction for interim and permanent injunctive relief and an accounting of all profits and benefits arising out of such breach.

Appears in 3 contracts

Samples: Senior Executive Employment Agreement, Senior Executive Employment Agreement (Mirati Therapeutics, Inc.), Senior Executive Employment Agreement (Mirati Therapeutics, Inc.)

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Injunctions, etc. The Executive acknowledges and agrees that in the event of a breach of the covenants, provisions and restrictions in Article VI, Article VII or and Article VIII by the Executive, the Corporation’s and its Affiliates’ remedy in the form of monetary damages will be inadequate. Therefore, the Corporation and its Affiliates shall be and are hereby is authorized and entitled, in addition to all other rights and remedies available to it, to apply to a court of competent jurisdiction for interim and permanent injunctive relief and an accounting of all profits and benefits arising out of such breach.

Appears in 1 contract

Samples: Executive Employment Agreement (Liquid Media Group Ltd.)

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Injunctions, etc. The Executive acknowledges and agrees that in the event of a breach of the covenants, provisions and restrictions in Article VIVII, Article VII or VIII and Article VIII IX by the Executive, the Corporation’s 's remedy in the form of monetary damages will be inadequate. Therefore, the Corporation shall be and is hereby is authorized and entitled, in addition to all other rights and remedies available to it, to apply to a court of competent jurisdiction for interim and permanent injunctive relief and an accounting of all profits and benefits arising out of such breachbreach without the necessity of posting a bond or other security.

Appears in 1 contract

Samples: Executive Employment Agreement (Cott Corp /Cn/)

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