Common use of Injunctive Relief and Other Remedies with Respect to Covenants Clause in Contracts

Injunctive Relief and Other Remedies with Respect to Covenants. The Employee acknowledges and agrees that the covenants and obligations of the Employee with respect to nonsolicitation, confidentiality, the Company property, noncompetition, and conflicting activities, relate to special, unique and extraordinary maters and that a violation of any of the terms of such covenants and obligations will cause the Company irreparable injury for which adequate remedies are not available at law. Therefore, the Employee agrees that the Company will (a) be entitled to an injunction, restraining order or such other equitable relief (without the requirement to post a bond) restraining the Employee from committing any violation of the covenants and obligations contained in this Article 5 and (b) have no further obligation to make any payments to the Employee hereunder following any material violation of the covenants and obligations contained in this Article 5. These remedies are cumulative and are in addition to any other rights and remedies the Company may have at law or in equity.

Appears in 2 contracts

Samples: Employment Agreement (First Physicians Capital Group, Inc.), Employment Agreement (First Physicians Capital Group, Inc.)

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Injunctive Relief and Other Remedies with Respect to Covenants. The Employee Executive acknowledges and agrees that the covenants and obligations of the Employee Executive with respect to nonsolicitation, confidentiality, the Company property, noncompetition, and conflicting activities, relate to special, unique and extraordinary maters and that a violation of any of the terms of such covenants and obligations will cause the Company irreparable injury for which adequate remedies are not available at law. Therefore, the Employee Executive agrees that the Company will (a) be entitled to an injunction, restraining order or such other equitable relief (without the requirement to post a bond) restraining the Employee Executive from committing any violation of the covenants and obligations contained in this Article 5 6 and (b) have no further obligation to make any payments to the Employee Executive hereunder following any material violation of the covenants and obligations contained in this Article 56. These remedies are cumulative and are in addition to any other rights and remedies the Company may have at law or in equity.. ARTICLE VII

Appears in 2 contracts

Samples: Employment Agreement (Cd Warehouse Inc), Employment Agreement (Cd Warehouse Inc)

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Injunctive Relief and Other Remedies with Respect to Covenants. The Employee Executive acknowledges and agrees that the covenants and obligations of the Employee Executive with respect to nonsolicitation, confidentiality, the Company property, noncompetition, and conflicting activities, relate to special, unique and extraordinary maters and that a violation of any of the terms of such covenants and obligations will cause the Company irreparable injury for which adequate remedies are not available at law. Therefore, the Employee Executive agrees that the Company will (a) be entitled to an injunction, restraining order or such other equitable relief (without the requirement to post a bond) restraining the Employee Executive from committing any violation of the covenants and obligations contained in this Article 5 6 and (b) have no further obligation to make any payments to the Employee Executive hereunder following any material violation of the covenants and obligations contained in this Article 56. These remedies are cumulative and are in addition to any other rights and remedies the Company may have at law or in equity.

Appears in 1 contract

Samples: Employment Agreement (Cd Warehouse Inc)

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