Common use of No Adequate Remedy Clause in Contracts

No Adequate Remedy. The Employee understands that if the Employee fails to fulfill the Employee’s obligations under Sections 1, 2 or 3 of this Agreement the damages to the Company would be very difficult to determine. Therefore, in addition to any other rights or remedies available to the Company at law, in equity, or by statute, the Employee hereby consents to the specific enforcement of Sections 1, 2 and 3 of this Agreement by the Company through an injunction or restraining order issued by an appropriate court, without the requirement of posting a bond in connection therewith.

Appears in 6 contracts

Samples: Employee Confidentiality, Assignment of Inventions and Non Competition Agreement (Bright Health Group Inc.), Employee Confidentiality, Assignment of Inventions and Non Competition Agreement (Bright Health Group Inc.), Employee Confidentiality, Assignment of Inventions and Non Competition Agreement (Bright Health Group Inc.)

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No Adequate Remedy. The Employee understands that if the Employee fails to fulfill the Employee’s obligations under Sections 1, 1 or 2 or 3 of this Agreement the damages to the Company would be very difficult to determine. Therefore, in addition to any other rights or remedies available to the Company at law, in equity, or by statute, the Employee hereby consents to the specific enforcement of Sections 1, 1 and 2 and 3 of this Agreement by the Company through an injunction or restraining order issued by an appropriate court, without the requirement of posting a bond in connection therewith.

Appears in 2 contracts

Samples: Employee Confidentiality and Assignment of Inventions Agreement (Bright Health Group Inc.), Employee Confidentiality and Assignment of Inventions Agreement (Bright Health Group Inc.)

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