Common use of Material Harm Upon Breach Clause in Contracts

Material Harm Upon Breach. The parties acknowledge the unique and secret nature of the Company’s procedures for acquisition of theme parks and related businesses and of related proprietary information, and that material irreparable harm occurs to the Company if these restrictive covenants are breached. Further, the parties hereto acknowledge and agree that injunctive relief is not an exclusive remedy and that an election on the part of the Company to obtain an injunction does not preclude other remedies available to the Company.

Appears in 5 contracts

Samples: Employment Agreement (Parks America, Inc), Employment Agreement (Parks America, Inc), Employment Agreement (Parks America, Inc)

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Material Harm Upon Breach. The parties acknowledge the unique and secret nature of the Company’s 's procedures for acquisition of theme parks and related businesses and rand of related proprietary information, and that material irreparable harm occurs to the Company if these restrictive covenants are breached. Further, the parties hereto acknowledge and agree that injunctive relief is not an exclusive remedy and that an election on the part of the Company to obtain an injunction does not preclude other remedies available to the Company.

Appears in 4 contracts

Samples: Employment Agreement (Parks America, Inc), Employment Agreement (Parks America, Inc), Employment Agreement (Parks America, Inc)

Material Harm Upon Breach. The parties acknowledge the unique and secret nature of the Company’s procedures for acquisition of theme parks and related businesses and of related proprietary information, and that material irreparable harm occurs to the Company if these restrictive covenants are breached. Further, the parties hereto acknowledge and agree that injunctive relief is not an exclusive remedy and that an election on the part of the Company to obtain an injunction does not preclude other remedies available to the Company.

Appears in 4 contracts

Samples: Employment Agreement (Great American Family Parks Inc), Employment Agreement (Great American Family Parks Inc), Employment Agreement (Great American Family Parks Inc)

Material Harm Upon Breach. The parties acknowledge the unique and secret nature value of the Company’s procedures for acquisition of theme parks and related businesses and of related proprietary information, and that material irreparable harm occurs to the Company if these restrictive covenants are breached. Further, the parties hereto acknowledge and agree that injunctive relief is not an exclusive remedy and that an election on the part of the Company to obtain an injunction does not preclude other remedies available to the Company.

Appears in 2 contracts

Samples: Employment Agreement (Great American Family Parks Inc), Employment Agreement (Great American Family Parks Inc)

Material Harm Upon Breach. The parties acknowledge the unique and secret nature of the Company’s 's procedures for acquisition of theme parks and related businesses and of related proprietary information, and that material irreparable harm occurs to the Company if these restrictive covenants are breached. Further, the parties hereto acknowledge and agree that injunctive relief is not an exclusive remedy and that an election on the part of the Company to obtain an injunction does not preclude other remedies available to the Company.

Appears in 2 contracts

Samples: Employment Agreement (Parks America, Inc), Employment Agreement (Parks America, Inc)

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Material Harm Upon Breach. The parties acknowledge the unique and secret nature of the Company’s procedures 's formulas for acquisition the composition of theme parks its DE-based products and related businesses and of related proprietary information, and that material irreparable harm occurs to the Company if these restrictive covenants are breached. Further, the parties hereto acknowledge and agree that injunctive relief is not an exclusive remedy and that an election on the part of the Company to obtain an injunction does not preclude other remedies available to the Company.

Appears in 2 contracts

Samples: Employment Agreement (Diatect International Corp), Employment Agreement (Diatect International Corp)

Material Harm Upon Breach. The parties acknowledge the unique and secret nature of the Company’s procedures formulas for acquisition the composition of theme parks its DE-based products and related businesses and of related proprietary information, and that material irreparable harm occurs to the Company if these restrictive covenants are breached. Further, the parties hereto acknowledge and agree that injunctive relief is not an exclusive remedy and that an election on the part of the Company to obtain an injunction does not preclude other remedies available to the Company.

Appears in 1 contract

Samples: Employment Agreement (Diatect International Corp)

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