Common use of Judicial Remedies Clause in Contracts

Judicial Remedies. In the event of a breach or threatened breach by the Director of any provision of these restrictions, the Director recognizes the substantial and immediate harm that a breach or threatened breach will impose upon the Bank, and further recognizes that in such event monetary damages may be inadequate to fully protect the Bank. Accordingly, in the event of a breach or threatened breach of these restrictions, the Director consents to the Bank’s entitlement to such ex parte, preliminary, interlocutory, temporary or permanent injunctive, or any other equitable relief, protecting and fully enforcing the Bank’s rights hereunder and preventing the Director from further breaching any of his obligations set forth herein. The Director expressly waives any requirement, based on any statute, rule of procedure, or other source, that the Bank post a bond as a condition of obtaining any of the above-described remedies. Nothing herein shall be construed as prohibiting the Bank from pursuing any other remedies available to the Bank at law or in equity for such breach or threatened breach, including the recovery of damages from the Director. The Director expressly acknowledges and agrees that: (i) the restrictions set forth in Section 5.4 hereof are reasonable, in terms of scope, duration, geographic area, and otherwise, (ii) the protections afforded the Bank in Section 5.4 hereof are necessary to protect its legitimate business interest, (iii) the restrictions set forth in Section 5.4 hereof will not be materially adverse to the Director’s service with the Bank, and (iv) his agreement to observe such restrictions forms a material part of the consideration for this Agreement.

Judicial Remedies. In the event of a breach or threatened breach by the Director of any provision of these restrictions, the Director recognizes the substantial and immediate harm that a breach or threatened breach will impose upon the Bank, and further recognizes that in such event monetary damages may be inadequate to fully protect the Bank. Accordingly, in the event of a breach or threatened breach of these restrictionsthis Agreement, the Director consents to the Bank’s entitlement to such ex parte, preliminary, interlocutory, temporary or permanent injunctive, or any other equitable relief, protecting and fully enforcing the Bank’s rights hereunder and preventing the Director from further breaching any of his obligations set forth herein. The Director expressly waives any requirement, requirement based on any statute, rule of procedure, or other source, source that the Bank post a bond as a condition of obtaining any of the above-described remedies. Nothing herein shall be construed as prohibiting the Bank from pursuing any other remedies available to the Bank at law or in equity for such breach or threatened breach, including the recovery of damages from the Director. The Director expressly acknowledges and agrees that: (i) the restrictions set forth in Section 5.4 6.4 hereof are reasonable, reasonable in terms of scope, duration, geographic area, and or otherwise, (ii) the protections afforded the Bank in Section 5.4 6.4 hereof are necessary to protect its legitimate business interest, (iii) the restrictions set forth in Section 5.4 6.4 hereof will not be materially adverse to the Director’s service with the Bank, and (iv) his agreement to observe such restrictions forms a material part of the consideration for this Agreement.

Judicial Remedies. In the event of a breach or threatened breach by the Director Executive of any provision of these restrictions, the Director Executive recognizes the substantial and immediate harm that a breach or threatened breach will impose upon the Bank, and further recognizes that in such event monetary damages may be inadequate to fully protect the Bank. Accordingly, in the event of a breach or threatened breach of these restrictions, the Director Executive consents to the Bank’s entitlement to such ex parte, preliminary, interlocutory, temporary or permanent injunctive, or any other equitable relief, protecting and fully enforcing the Bank’s rights hereunder and preventing the Director Executive from further breaching any of his obligations set forth herein. The Director Executive expressly waives any requirement, based on any statute, rule of procedure, or other source, that the Bank post a bond as a condition of obtaining any of the above-described remedies. Nothing herein shall be construed as prohibiting the Bank from pursuing any other remedies available to the Bank at law or in equity for such breach or threatened breach, including the recovery of damages from the DirectorExecutive. The Director Executive expressly acknowledges and agrees that: (i) the restrictions set forth in Section 5.4 5.3 hereof are reasonable, in terms of scope, duration, geographic area, and otherwise, (ii) the protections afforded the Bank in Section 5.4 5.3 hereof are necessary to protect its legitimate business interest, (iii) the restrictions set forth in Section 5.4 5.3 hereof will not be materially adverse to the DirectorExecutive’s service employment with the Bank, and (iv) his agreement to observe such restrictions forms a material part of the consideration for this Agreement.

Judicial Remedies. In the event of a breach or threatened breach by the Director Executive of any provision of these restrictions, the Director Executive recognizes the substantial and immediate harm that a breach or threatened breach will impose upon the Bank, and further recognizes that in such event monetary damages may be inadequate to fully protect the Bank. Accordingly, in the event of a breach or threatened breach of these restrictions, the Director Executive consents to the Bank’s entitlement to such ex parte, preliminary, interlocutory, temporary or permanent injunctive, or any other equitable relief, protecting and fully enforcing the Bank’s rights hereunder and preventing the Director Executive from further breaching any of his obligations set forth herein. The Director Executive expressly waives any requirement, based on any statute, rule of procedure, or other source, that the Bank post a bond as a condition of obtaining any of the above-described remedies. Nothing herein shall be construed as prohibiting the Bank from pursuing any other remedies available to the Bank at law or in equity for such breach or threatened breach, including the recovery of damages from the DirectorExecutive. The Director Executive expressly acknowledges and agrees that: (i) the restrictions set forth in Section 5.4 hereof are reasonable, in terms of scope, duration, geographic area, and otherwise, (ii) the protections afforded the Bank in Section 5.4 hereof are necessary to protect its legitimate business interest, (iii) the restrictions set forth in Section 5.4 hereof will not be materially adverse to the DirectorExecutive’s service employment with the Bank, and (iv) his agreement to observe such restrictions forms a material part of the consideration for this Agreement.

Judicial Remedies. In the event of a breach or threatened breach by the Director Executive of any provision of these restrictions, the Director Executive recognizes the substantial and immediate harm that a breach or threatened breach will impose upon the BankCompany, and further recognizes that in such event monetary damages may be inadequate to fully protect the BankCompany. Accordingly, in the event of a breach or threatened breach of these restrictionsthis Agreement, the Director Executive consents to the BankCompany’s entitlement to such ex parte, preliminary, interlocutory, temporary or permanent injunctive, or any other equitable relief, protecting and fully enforcing the BankCompany’s rights hereunder and preventing the Director Executive from further breaching any of his obligations set forth herein. The Director Executive expressly waives any requirement, based on any statute, rule of procedure, or other source, that the Bank Company post a bond as a condition of obtaining any of the above-described remedies. Nothing herein shall be construed as prohibiting the Bank Company from pursuing any other remedies available to the Bank Company at law or in equity for such breach or threatened breach, including the recovery of damages from the DirectorExecutive. The Director Executive expressly acknowledges and agrees that: (i) the restrictions set forth in Section 5.4 hereof 5.3.1 are reasonable, in terms of scope, duration, geographic area, and otherwise, (ii) the protections afforded the Bank Company in Section 5.4 hereof 5.3.1 are necessary to protect its legitimate business interest, (iii) the restrictions set forth in Section 5.4 hereof 5.3.1 will not be materially adverse to the DirectorExecutive’s service employment with the BankCompany, and (iv) his agreement to observe such restrictions forms a material part of the consideration for this Agreement.

Judicial Remedies. In the event of a breach or threatened breach by the Director Executive of any provision of these restrictions, the Director Executive recognizes the substantial and immediate harm that a breach or threatened breach will impose upon the Bank, and further recognizes that in such event monetary damages may be inadequate to fully protect the Bank. Accordingly, in the event of a breach or threatened breach of these restrictionsthis Agreement, the Director Executive consents to the Bank’s entitlement to such ex parte, preliminary, interlocutory, temporary or permanent injunctive, or any other equitable relief, protecting and fully enforcing the Bank’s rights hereunder and preventing the Director Executive from further breaching any of his obligations set forth herein. The Director Executive expressly waives any requirement, based on any statute, rule of procedure, or other source, that the Bank post a bond as a condition of obtaining any of the above-described remedies. Nothing herein shall be construed as prohibiting the Bank from pursuing any other remedies available to the Bank at law or in equity for such breach or threatened breach, including the recovery of damages from the DirectorExecutive. The Director Executive expressly acknowledges and agrees that: (i) the restrictions set forth in Section 5.4 5.3.1 hereof are reasonable, reasonable in terms of scope, duration, geographic area, area and otherwise, (ii) the protections afforded the Bank in Section 5.4 5.3.1 hereof are necessary to protect its legitimate business interestinterests, (iii) the restrictions set forth in Section 5.4 5.3.1 hereof will not be materially adverse to the DirectorExecutive’s service employment with the Bank, and (iv) his agreement to observe such restrictions forms a material part of the consideration for this Agreement.

Judicial Remedies. In the event of a breach or threatened breach by the Director Executive of any provision of these restrictions, the Director Executive recognizes the substantial and immediate harm that a breach or threatened breach will impose upon the Bank, and further recognizes that in such event monetary damages may be inadequate to fully protect the Bank. Accordingly, in the event of a breach or threatened breach of these restrictionsthis Agreement, the Director Executive consents to the Bank’s 's entitlement to such ex parte, preliminary, interlocutory, temporary or permanent injunctive, or any other equitable relief, protecting and fully enforcing the Bank’s 's rights hereunder and preventing the Director Executive from further breaching any of his obligations set forth herein. The Director Executive expressly waives any requirement, based on any statute, rule of procedure, or other source, that the Bank post a bond as a condition of obtaining any of the above-described remedies. Nothing herein shall be construed as prohibiting the Bank from pursuing any other remedies available to the Bank at law or in equity for such breach or threatened breach, including the recovery of damages from the DirectorExecutive. The Director Executive expressly acknowledges and agrees that: (i) the restrictions set forth in Section 5.4 5.4.1 hereof are reasonable, in terms of scope, duration, geographic area, and otherwise, (ii) the protections afforded the Bank in Section 5.4 5.4.1 hereof are necessary to protect its legitimate business interest, (iii) the restrictions set forth in Section 5.4 5.4.1 hereof will not be materially adverse to the Director’s service Executive's employment with the Bank, and (iv) his agreement to observe such restrictions forms a material part of the consideration for this Agreement.

Judicial Remedies. In the event of a breach or threatened breach by the Director Executive of any provision of these restrictions, the Director Executive recognizes the substantial and immediate harm that a breach or threatened breach will impose upon the Bank, and further recognizes that in such event monetary damages may be inadequate to fully protect the Bank. Accordingly, in the event of a breach or threatened breach of these restrictionsthis Agreement, the Director Executive consents to the Bank’s 's entitlement to such ex parte, preliminary, interlocutory, temporary or permanent injunctive, or any other equitable relief, protecting and fully enforcing the Bank’s 's rights hereunder and preventing the Director Executive from further breaching any of his obligations set forth herein. The Director Executive expressly waives any requirement, based on any statute, rule of procedure, or other source, that the Bank post a bond as a condition of obtaining any of the above-described remedies. Nothing herein shall be construed as prohibiting the Bank from pursuing any other remedies available to the Bank at law or in equity for such breach or threatened breach, including the recovery of damages from the DirectorExecutive. The Director Executive expressly acknowledges and agrees that: (i) the restrictions set forth in Section 5.4 5.3.1 hereof are reasonable, reasonable in terms of scope, duration, geographic area, area and otherwise, (ii) the protections afforded the Bank in Section 5.4 5.3.1 hereof are necessary to protect its legitimate business interestinterests, (iii) the restrictions set forth in Section 5.4 5.3.1 hereof will not be materially adverse to the Director’s service Executive's employment with the Bank, and (iv) his agreement to observe such restrictions forms a material part of the consideration for this Agreement.

Judicial Remedies. In the event of a breach or threatened breach by the Director Executive of any provision of these restrictions, the Director Executive recognizes the substantial and immediate harm that a breach or threatened breach will impose upon the Bank, and further recognizes that in such event monetary damages may be inadequate to fully protect the Bank. Accordingly, in the event of a breach or threatened breach of these restrictionsthis Agreement, the Director consents to Executive acknowledgment that the Bank’s entitlement to such Bank may seek ex parte, preliminary, interlocutory, temporary or permanent injunctive, or any other equitable relief, protecting and fully enforcing the Bank’s rights hereunder and preventing the Director Executive from further breaching any of his obligations set forth herein. The Director Executive expressly waives any requirement, based on any statute, rule of procedure, or other source, that the Bank post a bond as a condition of obtaining any of the above-described remedies. Nothing herein shall be construed as prohibiting the Bank from pursuing any other remedies available to the Bank at law or in equity for such breach or threatened breach, including the recovery of damages from the DirectorExecutive. The Director Executive expressly acknowledges and agrees that: (i) the restrictions set forth in Section 5.4 5.4.1 hereof are reasonable, in terms of scope, duration, geographic area, and otherwise, (ii) the protections afforded the Bank in Section 5.4 5.4.1 hereof are necessary to protect its legitimate business interest, (iii) the restrictions set forth in Section 5.4 5.4.1 hereof will not be materially adverse to the DirectorExecutive’s service employment with the Bank, and (iv) his agreement to observe such restrictions forms a material part of the consideration for this Agreement.

Judicial Remedies. In the event of a breach or threatened breach by the Director Executive of any provision of these restrictions, the Director Executive recognizes the substantial and immediate harm that a breach or threatened breach will impose upon the BankCompany, and further recognizes that in such event monetary damages may be inadequate to fully protect the BankCompany. Accordingly, in the event of a breach or threatened breach of these restrictionsthis Agreement, the Director Executive consents to the Bank’s Company's entitlement to such ex parte, preliminary, interlocutory, temporary or permanent injunctive, or any other equitable relief, protecting and fully enforcing the Bank’s Company's rights hereunder and preventing the Director Executive from further breaching any of his obligations set forth herein. The Director Executive expressly waives any requirement, based on any statute, rule of procedure, or other source, that the Bank Company post a bond as a condition of obtaining any of the above-described remedies. Nothing herein shall be construed as prohibiting the Bank Company from pursuing any other remedies available to the Bank Company at law or in equity for such breach or threatened breach, including the recovery of damages from the DirectorExecutive. The Director Executive expressly acknowledges and agrees that: (i) the restrictions set forth in Section 5.4 hereof 5.3.1 are reasonable, in terms of scope, duration, geographic area, and otherwise, (ii) the protections afforded the Bank Company in Section 5.4 hereof 5.3.1 are necessary to protect its legitimate business interest, (iii) the restrictions set forth in Section 5.4 hereof 5.3.1 will not be materially adverse to the Director’s service Executive's employment with the BankCompany, and (iv) his agreement to observe such restrictions forms a material part of the consideration for this Agreement.

Judicial Remedies. In the event of a breach or threatened breach by the Director Executive of any provision of these restrictions, the Director Executive recognizes the substantial and immediate harm that a breach or threatened breach will impose upon the BankCompany, and further recognizes that in such event monetary damages may be inadequate to fully protect the BankCompany. Accordingly, in the event of a breach or threatened breach of these restrictionsthis Agreement, the Director Executive consents to the Bank’s Company's entitlement to such ex parte, preliminary, interlocutory, temporary or permanent injunctive, or any other equitable relief, protecting and fully enforcing the Bank’s Company's rights hereunder and preventing the Director Executive from further breaching any of his obligations set forth herein. The Director Executive expressly waives any requirement, based on any statute, rule of procedure, or other source, that the Bank Company post a bond as a condition of obtaining any of the above-described remedies. Nothing herein shall be construed as prohibiting the Bank Company from pursuing any other remedies available to the Bank Company at law or in equity for such breach or threatened breach, including the recovery of damages from the DirectorExecutive. The Director Executive expressly acknowledges and agrees that: (i) the restrictions set forth in Section 5.4 hereof 8.1 are reasonable, in terms of scope, duration, geographic area, and otherwise, (ii) the protections afforded the Bank Company in Section 5.4 hereof 8.1 are necessary to protect its legitimate business interest, (iii) the restrictions set forth in Section 5.4 hereof 8.1 will not be materially adverse to the Director’s service Executive's employment with the BankCompany, and (iv) his agreement to observe such restrictions forms a material part of the consideration for this Agreement.

Judicial Remedies. In the event of a breach or threatened breach by the Director Executive of any provision of these restrictions, the Director Executive recognizes the substantial and immediate harm that a breach or threatened breach will impose upon the BankCompany, and further recognizes that in such event monetary damages may be inadequate to fully protect the BankCompany. Accordingly, in the event of a breach or threatened breach of these restrictionsthis Agreement, the Director Executive consents to the BankCompany’s entitlement to such ex parte, preliminary, interlocutory, temporary or permanent injunctive, or any other equitable relief, protecting and fully enforcing the BankCompany’s rights hereunder and preventing the Director Executive from further breaching any of his obligations set forth herein. The Director Executive expressly waives any requirement, based on any statute, rule of procedure, or other source, that the Bank Company post a bond as a condition of obtaining any of the above-described remedies. Nothing herein shall be construed as prohibiting the Bank Company from pursuing any other remedies available to the Bank Company at law or in equity for such breach or threatened breach, including the recovery of damages from the DirectorExecutive. The Director Executive expressly acknowledges and agrees that: (i) the restrictions set forth in Section 5.4 5.4.1 hereof are reasonable, in terms of scope, duration, geographic area, and otherwise, (ii) the protections afforded the Bank Company in Section 5.4 5.4.1 hereof are necessary to protect its legitimate business interest, (iii) the restrictions set forth in Section 5.4 5.4.1 hereof will not be materially adverse to the DirectorExecutive’s service employment with the BankCompany, and (iv) his agreement to observe such restrictions forms a material part of the consideration for this Agreement.

Judicial Remedies. In the event of a breach or threatened breach by the Director of any provision of these restrictions, the Director recognizes the substantial and immediate harm that a breach or threatened breach will impose upon the Bank, and further recognizes that in such event monetary damages may be inadequate to fully protect the Bank. Accordingly, in the event of a breach or threatened breach of these restrictions, the Director consents to the Bank’s entitlement to such ex parte, preliminary, interlocutory, temporary or permanent injunctive, or any other equitable relief, protecting and fully enforcing the Bank’s rights hereunder and preventing the Director from further breaching any of his obligations set forth herein. The Director expressly waives any requirement, based on any statute, rule of procedure, or other source, that the Bank post a bond as a condition of obtaining any of the above-described remedies. Nothing herein shall be construed as prohibiting the Bank from pursuing any other remedies available to the Bank at law or in equity for such breach or threatened breach, including the recovery of damages from the Director. The Director expressly acknowledges and FORM OF MALVERN FEDERAL SAVINGS BANK Director Retirement Plan Agreement agrees that: (i) the restrictions set forth in Section 5.4 hereof are reasonable, in terms of scope, duration, geographic area, and otherwise, (ii) the protections afforded the Bank in Section 5.4 hereof are necessary to protect its legitimate business interest, (iii) the restrictions set forth in Section 5.4 hereof will not be materially adverse to the Director’s service with the Bank, and (iv) his agreement to observe such restrictions forms a material part of the consideration for this Agreement.

Judicial Remedies. In the event of a breach or threatened breach by the Director Executive of any provision of these restrictions, the Director Executive recognizes the substantial and immediate harm that a breach or threatened breach will impose upon the Bank, and further recognizes that in such event monetary damages may be inadequate to fully protect the Bank. Accordingly, in the event of a breach or threatened breach of these restrictionsthis Agreement, the Director Executive consents to the Bank’s entitlement to such ex parte, preliminary, interlocutory, temporary or permanent injunctive, or any other equitable relief, protecting and fully enforcing the Bank’s rights hereunder and preventing the Director Executive from further breaching any of his her obligations set forth herein. The Director Executive expressly waives any requirement, based on any statute, rule of procedure, or other source, that the Bank post a bond as a condition of obtaining any of the above-described remedies. Nothing herein shall be construed as prohibiting the Bank from pursuing any other remedies available to the Bank at law or in equity for such breach or threatened breach, including the recovery of damages from the DirectorExecutive. The Director Executive expressly acknowledges and agrees that: (i) the restrictions set forth in Section 5.4 5.3.1 hereof are reasonable, reasonable in terms of scope, duration, geographic area, area and otherwise, (ii) the protections afforded the Bank in Section 5.4 5.3.1 hereof are necessary to protect its legitimate business interestinterests, (iii) the restrictions set forth in Section 5.4 5.3.1 hereof will not be materially adverse to the DirectorExecutive’s service employment with the Bank, and (iv) his her agreement to observe such restrictions forms a material part of the consideration for this Agreement.

Judicial Remedies. In the event of a breach or threatened breach by the Director Executive of any provision of these restrictions, the Director Executive recognizes the substantial and immediate harm that a breach or threatened breach will impose upon the Bank, and further recognizes that in such event monetary damages may be inadequate to fully protect the Bank. Accordingly, in the event of a breach or threatened breach of these restrictions, the Director Executive consents to the Bank’s entitlement to such ex parte, preliminary, interlocutory, temporary or permanent injunctive, or any other equitable relief, protecting and fully enforcing the Bank’s rights hereunder and preventing the Director Executive from further breaching any of his obligations set forth herein. The Director Executive expressly waives any requirement, based on any statute, rule of procedure, or other source, that the Bank post a bond as a condition of obtaining any of the above-described remedies. Nothing herein shall be construed as prohibiting the Bank from pursuing any other remedies available to the Bank at law or in equity for such breach or threatened breach, including the recovery of damages from the DirectorExecutive. The Director Executive expressly acknowledges and agrees that: (i) the restrictions set forth in Section 5.4 6.4 hereof are reasonable, in terms of scope, duration, geographic area, and otherwise, (ii) the protections afforded the Bank in Section 5.4 6.4 hereof are necessary to protect its legitimate business interest, (iii) the restrictions set forth in Section 5.4 6.4 hereof will not be materially adverse to the DirectorExecutive’s service employment with the Bank, and (iv) his agreement to observe such restrictions forms a material part of the consideration for this Agreement.

Judicial Remedies. In the event of a breach or threatened breach by the Director of any provision of these restrictions, the Director recognizes the substantial and immediate harm that a breach or threatened breach will impose upon the BankCorporation, and further recognizes that in such event monetary damages may be inadequate to fully protect the BankCorporation. Accordingly, in the event of a breach or threatened breach of these restrictionsthis Agreement, the Director consents to the Bank’s Corporation entitlement to such ex parte, preliminary, interlocutory, temporary or permanent injunctive, or any other equitable relief, protecting and fully enforcing the BankCorporation’s rights hereunder and preventing the Director from further breaching any of his obligations set forth herein. The Director expressly waives any requirement, based on any statute, rule of procedure, or other source, that the Bank Corporation post a bond as a condition of obtaining any of the above-described remedies. Nothing herein shall be construed as prohibiting the Bank Corporation from pursuing any other remedies available to the Bank Corporation at law or in equity for such breach or threatened breach, including the recovery of damages from the Director. The Director expressly acknowledges and agrees that: (i) the restrictions set forth in Section 5.4 4.4.1 hereof are reasonable, in terms of scope, duration, geographic area, and otherwise, (ii) the protections afforded the Bank Corporation in Section 5.4 4.4.1 hereof are necessary to protect its their legitimate business interest, (iii) the restrictions set forth in Section 5.4 4.4.1 hereof will not be materially adverse to the Director’s service with the BankCorporation, and (iv) his the Director’s agreement to observe such restrictions forms a material part of the consideration for this Agreement.

Judicial Remedies. In the event of a breach or threatened breach by the Director of any provision of these restrictions, the Director recognizes the substantial and immediate harm that a breach or threatened breach will impose upon the BankCompany, and further recognizes that in such event monetary damages may be inadequate to fully protect the BankCompany. Accordingly, in the event of a breach or threatened breach of these restrictionsthis Agreement, the Director consents to the Bank’s Company's entitlement to such ex parte, preliminary, interlocutory, temporary or permanent injunctive, or any other equitable relief, protecting and fully enforcing the Bank’s Company's rights hereunder and preventing the Director from further breaching any of his obligations set forth herein. The Director expressly waives any requirement, based on any statute, rule of procedure, or other source, that the Bank Company post a bond as a condition of obtaining any of the above-described remedies. Nothing herein shall be construed as prohibiting the Bank Company from pursuing any other remedies available to the Bank Company at law or in equity for such breach or threatened breach, including the recovery of damages from the Director. The Director expressly acknowledges and agrees that: (i) the restrictions set forth in Section 5.4 7.4.1 hereof are reasonable, in terms of scope, duration, geographic area, and otherwise, (ii) the protections afforded the Bank Company in Section 5.4 7.4.1 hereof are necessary to protect its legitimate business interest, (iii) the restrictions set forth in Section 5.4 7.4.1 hereof will not be materially adverse to the Director’s 's service with the BankCompany, and (iv) his agreement to observe such restrictions forms a material part of the consideration for this Agreement.

Judicial Remedies. In the event of a breach or threatened breach by the Director Executive of any provision of these restrictions, the Director Executive recognizes the substantial and immediate harm that a breach or threatened breach will impose upon the BankCompany, and further recognizes that in such event monetary damages may be inadequate to fully protect the BankCompany. Accordingly, in the event of a breach or threatened breach of these restrictionsthis agreement, the Director Executive consents to the Bank’s Company's entitlement to such ex parte, preliminary, interlocutory, temporary or permanent injunctive, or any other equitable relief, protecting and fully enforcing the Bank’s Company's rights hereunder and preventing the Director Executive from further breaching any of his obligations set forth herein. The Director Executive expressly waives any requirement, based on any statute, rule of procedure, or other source, that the Bank Company post a bond as a condition of obtaining any of the above-described remedies. Nothing herein shall be construed as prohibiting the Bank Company from pursuing any other remedies available to the Bank Company at law or in equity for such breach or threatened breach, including the recovery of damages from the DirectorExecutive. The Director Executive expressly acknowledges and agrees that: (i) the restrictions set forth in Section 5.4 7.4.1 hereof are reasonable, in terms of scope, duration, geographic area, and otherwise, (ii) the protections afforded the Bank Company in Section 5.4 7.4.1 hereof are necessary to protect its legitimate business interest, (iii) the restrictions set forth in Section 5.4 7.4.1 hereof will not be materially adverse to the Director’s service Executive's employment with the BankCompany, and (iv) his agreement to observe such restrictions forms a material part of the consideration for this Agreementagreement.

Judicial Remedies. In the event of a breach or threatened breach by the Director Executive of any provision of these restrictions, the Director Executive recognizes the substantial and immediate harm that a breach or threatened breach will impose upon the Bank, and further recognizes that in such event monetary damages may be inadequate to fully protect the Bank. Accordingly, in the event of a breach or threatened breach of these restrictionsthis Agreement, the Director Executive consents to the Bank’s entitlement to such ex parte, preliminary, interlocutory, temporary or permanent injunctive, or any other equitable relief, protecting and fully enforcing the Bank’s rights hereunder and preventing the Director Executive from further breaching any of his obligations set forth herein. The Director Executive expressly waives any requirement, based on any statute, rule of procedure, or other source, that the Bank post a bond as a condition of obtaining any of the above-described remedies. Nothing herein shall be construed as prohibiting the Bank from pursuing any other remedies available to the Bank at law or in equity for such breach or threatened breach, including the recovery of damages from the DirectorExecutive. The Director Executive expressly acknowledges and agrees that: (i) the restrictions set forth in Section 5.4 5.4.1 hereof are reasonable, in terms of scope, duration, geographic area, and otherwise, (ii) the protections afforded the Bank in Section 5.4 5.4.1 hereof are necessary to protect its legitimate business interest, (iii) the restrictions set forth in Section 5.4 5.4.1 hereof will not be materially adverse to the DirectorExecutive’s service employment with the Bank, and (iv) his agreement to observe such restrictions forms a material part of the consideration for this Agreement.

Judicial Remedies. In the event of a breach or threatened breach by the Director Executive of any provision of these restrictions, the Director Executive recognizes the substantial and immediate harm that a breach or threatened breach will impose upon the Bank, and further recognizes that in such event monetary damages may be inadequate to fully protect the Bank. Accordingly, in the event of a breach or threatened breach of these restrictions, the Director Executive consents to the Bank’s entitlement to such ex parte, preliminary, interlocutory, temporary or permanent injunctive, or any other equitable relief, protecting and fully enforcing the Bank’s rights hereunder and preventing the Director Executive from further breaching any of his obligations set forth herein. The Director Executive expressly waives any requirement, based on any statute, rule of procedure, or other source, that the Bank post a bond as a condition of obtaining any of the above-described remedies. Nothing herein shall be construed as prohibiting the Bank from pursuing any other remedies available to the Bank at law or in equity for such breach or threatened breach, including the recovery of damages from the DirectorExecutive. The Director Executive expressly acknowledges and agrees that: (i) the restrictions set forth in Section 5.4 5.4.1 hereof are reasonable, in terms of scope, duration, geographic area, and otherwise, (ii) the protections afforded the Bank in Section 5.4 5.4.1 hereof are necessary to protect its legitimate business interest, (iii) the restrictions set forth in Section 5.4 5.4.1 hereof will not be materially adverse to the DirectorExecutive’s service employment with the Bank, and (iv) his agreement to observe such restrictions forms a material part of the consideration for this Agreement.

Judicial Remedies. In the event of a breach or threatened breach by the Director Executive of any provision of these restrictions, the Director Executive recognizes the substantial and immediate harm that a breach or threatened breach will impose upon the Bank, and further recognizes that in such event monetary damages may be inadequate to fully protect the Bank. Accordingly, in the event of a breach or threatened breach of these restrictionsthis Agreement, the Director Executive consents to the Bank’s 's entitlement to such ex parte, preliminary, interlocutory, temporary or permanent injunctive, or any other equitable relief, protecting and fully enforcing the Bank’s 's rights hereunder and preventing the Director Executive from further breaching any of his obligations set forth herein. The Director Executive expressly waives any requirement, based on any statute, rule of procedure, or other source, that the Bank post a bond as a condition of obtaining any of the above-described remedies. Nothing herein shall be construed as prohibiting the Bank from pursuing any other remedies available to the Bank at law or in equity for such breach or threatened breach, including the recovery of damages from the DirectorExecutive. The Director Executive expressly acknowledges and agrees that: (i) the restrictions set forth in Section 5.4 7.4.1 hereof are reasonable, in terms of scope, duration, geographic area, and otherwise, (ii) the protections afforded the Bank in Section 5.4 7.4.1 hereof are necessary to protect its legitimate business interest, (iii) the restrictions set forth in Section 5.4 7.4.1 hereof will not be materially adverse to the Director’s service Executive's employment with the Bank, and (iv) his agreement to observe such restrictions forms a material part of the consideration for this Agreement.

Judicial Remedies. In the event of a breach or threatened breach by the Director Participant of any provision of these restrictions, the Director Participant recognizes the substantial and immediate harm that a breach or threatened breach will impose upon the Bank, and further recognizes that in such event monetary damages may be inadequate to fully protect the Bank. Accordingly, in the event of a breach or threatened breach of these restrictionsthis Plan, the Director Participant consents to the Bank’s entitlement to such ex parte, preliminary, interlocutory, temporary or permanent injunctive, or any other equitable relief, protecting and fully enforcing the Bank’s rights hereunder and preventing the Director Participant from further breaching any of his or her obligations set forth herein. The Director Participant expressly waives any requirement, based on any statute, rule of procedure, or other source, that the Bank post a bond as a condition of obtaining any of the above-described remedies. Nothing herein shall be construed as prohibiting the Bank from pursuing any other remedies available to the Bank at law or in equity for such breach or threatened breach, including the recovery of damages from the DirectorParticipant. The Director Participant expressly acknowledges and agrees that: (i) the restrictions set forth in Section 5.4 8.4.1 hereof are reasonable, in terms of scope, duration, geographic area, and otherwise, (ii) the protections afforded the Bank in Section 5.4 8.4.1 hereof are necessary to protect its legitimate business interest, (iii) the restrictions set forth in Section 5.4 8.4.1 hereof will not be materially adverse to the DirectorParticipant’s service employment with the Bank, and (iv) his or her agreement to observe such restrictions forms a material part of the consideration for this AgreementPlan and the Bank’s determination to allow Participant to participate in the Plan.

Judicial Remedies. In the event of a breach or a threatened breach by the Director Executive of any provision of these restrictions, the Director Executive recognizes the substantial and immediate harm that a breach or threatened breach will impose upon the Bank, and further recognizes that in such event monetary damages may be inadequate to fully protect the Bank. Accordingly, in the event of a breach or threatened breach of these restrictionsthis Agreement, the Director Executive consents to the Bank’s 's entitlement to such ex parte, preliminary, interlocutory, temporary or permanent injunctive, or any other equitable relief, protecting and fully enforcing the Bank’s 's rights hereunder and preventing the Director Executive from further breaching any of his obligations set forth herein. The Director Executive expressly waives any requirement, based on any statute, rule of procedure, or other source, that the Bank post a bond as a condition of obtaining any of the above-described remedies. Nothing herein shall be construed as prohibiting the Bank from pursuing any other remedies available to the Bank at law or in equity for such breach or threatened breach, including the recovery of damages from the DirectorExecutive. The Director Executive expressly acknowledges and agrees that: (i) the The restrictions set forth in Section 5.4 5.4.1 hereof are reasonable, in terms of scope, duration, geographic area, and otherwise, (ii) the protections afforded the Bank in Section 5.4 5.4.1 hereof are necessary to protect its legitimate business interest, (iii) the restrictions set forth in Section 5.4 5.4.1 hereof will not be materially adverse to the Director’s service Executive's employment with the Bank, and (iv) his agreement to observe such restrictions forms a material part of the consideration for this Agreement.