Common use of Provisions Necessary and Reasonable Clause in Contracts

Provisions Necessary and Reasonable. You agree that (i) the provisions of Sections 1 and 2 are necessary and reasonable to protect the Company's Confidential Information and goodwill; (ii) the specific time, geography and scope provisions set forth in Section 2 are reasonable and necessary to protect the Company's business interests; and (iii) in the event of your breach of any of your agreements set forth in Sections 1 and 2, the Company would suffer substantial irreparable harm and that the Company would not have an adequate remedy at law for such breach. In recognition of the foregoing, you agree that in the event of a breach or threatened breach of any of these covenants, in addition to such other remedies as the Company may have at law, without posting any bond or security, the Company shall be entitled to seek and obtain equitable relief, in the form of specific performance, or temporary, preliminary or permanent injunctive relief, or any other equitable remedy which then may be available. The seeking of such injunction or order shall not affect the Company's right to seek and obtain damages or other equitable relief on account of any such actual or threatened breach.

Appears in 2 contracts

Samples: Non Competition and Confidentiality Agreement (Alloy Online Inc), Non Competition and Confidentiality Agreement (Alloy Online Inc)

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Provisions Necessary and Reasonable. You agree that (i) the provisions of Sections 1 and 2 are necessary and reasonable to protect the Company's ’s Confidential Information and goodwill; (ii) the specific time, geography and scope provisions set forth in Section 2 are reasonable and necessary to protect the Company's ’s business interests; and (iii) in the event of your breach of any of your agreements set forth in Sections 1 and 2, the Company would suffer substantial irreparable harm and that the Company would not have an adequate remedy at law for such breach. In recognition of the foregoing, you agree that in the event of a breach or threatened breach of any of these covenants, in addition to such other remedies as the Company may have at law, without posting any bond or security, the Company shall be entitled to seek and obtain equitable relief, in the form of specific performance, or temporary, preliminary or permanent injunctive relief, or any other equitable remedy which then may be available. The seeking of such injunction or order shall not affect the Company's ’s right to seek and obtain damages or other equitable relief on account of any such actual or threatened breach.

Appears in 2 contracts

Samples: Non Competition and Confidentiality Agreement (Alloy Inc), Non Competition and Confidentiality Agreement (Alloy Inc)

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Provisions Necessary and Reasonable. You agree that (i) the provisions of Sections 1 1, 2 and 2 3 are necessary and reasonable to protect the The Company's ’s and its Affiliates’ Confidential Information and goodwill; (ii) the specific time, geography and scope provisions set forth in Section 2 are reasonable and necessary to protect the The Company's ’s and its Affiliates’ business interests; and (iii) in the event of your breach of any of your agreements set forth in Sections 1 1, 2 and 23, the The Company and its Affiliates would suffer substantial irreparable harm and that the Company such corporations would not have an adequate remedy at law for such breach. In recognition of the foregoing, you agree that in the event of a breach or threatened breach of any of these covenants, in addition to such other remedies as the The Company or any Affiliate may have at law, without posting any bond or security, the The Company or any Affiliate shall be entitled to seek and obtain equitable relief, in the form of specific performance, or temporary, preliminary or permanent injunctive relief, or any other equitable remedy which then may be available. The seeking of such injunction or order shall not affect the The Company's ’s or any Affiliate’s right to seek and obtain damages or other equitable relief on account of any such actual or threatened breach.

Appears in 1 contract

Samples: Non Competition and Confidentiality Agreement (dELiAs, Inc.)

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