Injunctive Relief; Invalidity of Any Provision. The Executive acknowledges that his breach of any covenant contained in this paragraph 7 will result in irreparable injury to the Company and its affiliates and that the company's and the affiliate's remedy at law for such a breach will be inadequate. Accordingly, the Executive agrees and consents that the Company or any of its affiliates, in addition to all other remedies available to any of them at law and in equity, shall be entitled to seek both preliminary and permanent injunctions to prevent and/or halt a breach or threatened breach by the Executive of any covenant contained in this paragraph 7. If any provision of this paragraph 7 is invalid in part or in whole, it shall be deemed to have been amended, whether as to time, area covered or otherwise, as and to the extent required for its validity under applicable law and, as so amended, shall be enforceable. The parties further agree to execute all documents necessary to evidence such amendment.
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Samples: Employment Agreement (Res Care Inc /Ky/), Employment Agreement (Res Care Inc /Ky/)
Injunctive Relief; Invalidity of Any Provision. The Executive undersigned acknowledges that his or her breach of any covenant contained in this paragraph 7 Section 5 will result in irreparable injury to the Company CBIN and its affiliates Affiliates and that the company's CBIN’s and the affiliate's Affiliates’ remedy at law Law for such a breach will be inadequate. Accordingly, the Executive undersigned agrees and consents that the Company CBIN or any of its affiliatesAffiliates, in addition to all other remedies available to any of them at law and in equityLaw, shall be entitled to seek both preliminary and permanent injunctions to prevent and/or halt a breach or threatened breach by the Executive undersigned of any covenant contained in this paragraph 7Section 5. If any provision of this paragraph 7 Section 5 is invalid in part or in whole, it shall be deemed to have been amended, whether as to time, area covered or otherwise, as and to the extent required for its validity under applicable law and, as so amended, shall be enforceable. The parties further agree to execute all documents necessary to evidence such amendment.
Appears in 2 contracts
Samples: Affiliate Agreement (Community Bank Shares of Indiana Inc), Share Exchange Agreement (Community Bank Shares of Indiana Inc)
Injunctive Relief; Invalidity of Any Provision. The Executive undersigned acknowledges that his or her breach of any covenant contained in this paragraph 7 Section 5 will result in irreparable injury to the Company KBI and its affiliates Affiliates and that the company's KBI’s and the affiliate's Affiliates’ remedy at law Law for such a breach will be inadequate. Accordingly, the Executive undersigned agrees and consents that the Company KBI or any of its affiliatesAffiliates, in addition to all other remedies available to any of them at law and in equityLaw, shall be entitled to seek both preliminary and permanent injunctions to prevent and/or halt a breach or threatened breach by the Executive undersigned of any covenant contained in this paragraph 7Section 5. If any provision of this paragraph 7 Section 5 is invalid in part or in whole, it shall be deemed to have been amended, whether as to time, area covered or otherwise, as and to the extent required for its validity under applicable law and, as so amended, shall be enforceable. The parties further agree to execute all documents necessary to evidence such amendment.
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Injunctive Relief; Invalidity of Any Provision. The Executive Employee acknowledges that his Employee’s breach of any covenant contained in the provisions of paragraph 9 of this paragraph 7 Agreement will result in irreparable injury to the Company and its affiliates the Affiliated Companies and that the company's and the affiliate's remedy at law of such parties for such a breach will be inadequate. Accordingly, the Executive Employee agrees and consents that the Company or any and each of its affiliates, the Affiliated Companies in addition to all other remedies available to any of them at law and in equity, shall be entitled to seek both preliminary and permanent injunctions to prevent and/or halt a breach or threatened breach by Employee of the Executive of any covenant contained in this paragraph 7Agreement. If any provision of this paragraph 7 Agreement is invalid in part or in whole, it shall be deemed to have been amended, whether as to time, area covered covered, or otherwise, as and to the extent required for its validity under applicable law and, as so amended, shall be enforceable. The parties further agree to execute all documents necessary to evidence such amendment.
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