Common use of Injunctive Relief, Damages and Forfeiture Clause in Contracts

Injunctive Relief, Damages and Forfeiture. Due to the nature of Executive's position with Company, and with full realization that a violation of this Agreement will cause immediate and irreparable injury and damage, which is not readily measurable, and to protect Company's interests, Executive understands and agrees that in addition to instituting legal proceedings to recover damages resulting from a breach of this Agreement, Company may seek to enforce this Agreement with an action for injunctive relief to cease or prevent any actual or threatened violation of this Agreement on the part of Executive.

Appears in 5 contracts

Samples: Executive Employment Agreement (Echo Automotive, Inc.), Executive Employment Agreement (Innovative Energy Solutions, Inc.), Executive Employment Agreement (Innovative Energy Solutions, Inc.)

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Injunctive Relief, Damages and Forfeiture. Due to the nature of Executive's ’s position with CompanyEmployer, and with full realization that a violation of this Agreement will cause immediate and irreparable injury and damage, which is not readily measurable, and to protect Company's Employer’s interests, Executive understands and agrees that in addition to instituting legal proceedings to recover damages resulting from a breach of this Agreement, Company Employer may seek to enforce this Agreement with an action for injunctive relief relief, to cease or prevent any actual or threatened violation of this Agreement on the part of Executive.

Appears in 4 contracts

Samples: Employment Agreement (Action Performance Companies Inc), Change of Control Agreement (Action Performance Companies Inc), Employment Agreement (Action Performance Companies Inc)

Injunctive Relief, Damages and Forfeiture. Due to the nature of Executive's ’s position with Company, and with full realization that a violation of this Agreement will cause immediate and irreparable injury and damage, which is not readily measurable, and to protect Company's ’s interests, Executive understands and agrees that in addition to instituting legal proceedings to recover damages resulting from a breach of this Agreement, Company may seek to enforce this Agreement with an action for injunctive relief to cease or prevent any actual or threatened violation of this Agreement on the part of Executive.

Appears in 1 contract

Samples: Executive Employment Agreement (Energy Quest Inc.)

Injunctive Relief, Damages and Forfeiture. Due to the nature of Executive's position with Company, and with full realization that a violation of this Agreement will cause immediate and irreparable injury and damage, which is not readily measurable, and to protect CompanyCompany 's interests, Executive understands and agrees that in addition to instituting legal proceedings to recover damages resulting from a breach of this Agreement, Company may seek to enforce this Agreement with an action for injunctive relief to cease or prevent any actual or threatened violation of this Agreement on the part of Executive.

Appears in 1 contract

Samples: Executive Employment Agreement (Echo Automotive, Inc.)

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Injunctive Relief, Damages and Forfeiture. Due to the nature of Executive's position ’s prior positions with the Company, and with full realization that a violation of this Agreement will cause the Company immediate and irreparable injury and damage, damage which is not readily measurable, and to protect the Company's ’s interests, Executive understands and agrees that that, in addition to instituting legal proceedings to recover damages resulting from a breach of this Agreement, the Company may seek to enforce this Agreement with an action for injunctive relief to cease or prevent any actual or threatened violation of this Agreement on by Executive. Similarly, the part Company agrees that Executive may seek to enforce this Agreement with any action for injunctive relief to cease or prevent any actual or threatened violation of Executivethis Agreement by the Company.

Appears in 1 contract

Samples: Separation Agreement (Ia Global Inc)

Injunctive Relief, Damages and Forfeiture. Due to the nature of Executive's position prior positions with the Company, and with full realization that a violation of this Agreement will cause the Company immediate and irreparable injury and damage, damage which is not readily measurable, and to protect the Company's interests, Executive understands and agrees that that, in addition to instituting legal proceedings to recover damages resulting from a breach of this Agreement, the Company may seek to enforce this Agreement with an action for injunctive relief to cease or prevent any actual or threatened violation of this Agreement on by Executive. Similarly, the part Company agrees that Executive may seek to enforce this Agreement with any action for injunctive relief to cease or prevent any actual or threatened violation of Executivethis Agreement by the Company.

Appears in 1 contract

Samples: Separation Agreement (Westmountain Gold, Inc.)

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