Common use of Remedies and Acknowledgment of Reasonableness Clause in Contracts

Remedies and Acknowledgment of Reasonableness. Employee acknowledges that compliance with this paragraph is necessary for the protection of the goodwill and other proprietary interests of Employer, and that, after carefully considering the extent of the restrictions upon him and the rights and remedies conferred upon Employer under this paragraph 8, the same are reasonable in time and territory, are designed to eliminate competition which otherwise would be unfair to Employer, do not stifle the inherent skill and experience of Employee, would not operate as a bar to Employee's sole means of support, are fully required to protect the legitimate interests of Employer, and do not confer a benefit upon Employer disproportionate to the detriment to Employee. Employee further acknowledges and agrees that in the event of a breach of this paragraph 8, Employer would not have an adequate remedy at law because the damages flowing from such breach would not be readily susceptible of measurement in monetary terms and that Employer shall be entitled to injunctive relief and may obtain a temporary order restraining any threatened breach or future breach in addition to any other remedies which may be available at law or equity. Nothing in this paragraph 8 shall be deemed to limit Employer's remedies at law or in equity for breach of this or any other paragraph of this Agreement.

Appears in 3 contracts

Samples: Employment Agreement (Ncric Group Inc), Employment Agreement (Ncric Group Inc), Employment Agreement (Ncric Group Inc)

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Remedies and Acknowledgment of Reasonableness. Employee Crunk acknowledges that compliance with this paragraph is necessary for the protection of the goodwill and other proprietary interests of Employer, and that, after carefully considering the extent of the restrictions upon him her and the rights and remedies conferred upon Employer under this paragraph 8paragraph, the same are reasonable in time and territory, are designed to eliminate competition which otherwise would be unfair to Employer, do not stifle the inherent skill and experience of EmployeeCrunk, would not operate as a bar to EmployeeCrunk's sole means of support, are fully required to protect the legitimate interests of Employer, and do not confer a benefit upon Employer disproportionate to the detriment to EmployeeCrunk. Employee Crunk further acknowledges and agrees that in the event of a breach of this paragraph 8paragraph, Employer would not have an adequate remedy at law because the damages flowing from such breach would not be readily susceptible of measurement in monetary terms and that Employer shall be entitled to injunctive relief and may obtain a temporary order restraining against any threatened breach or future breach in addition to any other remedies which that may be available at law or equity. Nothing in this paragraph 8 shall be deemed to limit Employer's remedies at law or in equity for breach of this or any other paragraph of this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Ncric Group Inc)

Remedies and Acknowledgment of Reasonableness. Employee Xxxx acknowledges that compliance with this paragraph is necessary for the protection of the goodwill and other proprietary interests of Employer, and that, after carefully considering the extent of the restrictions upon him and the rights and remedies conferred upon Employer under this paragraph 8paragraph, the same are reasonable in time and territory, are designed to eliminate competition which otherwise would be unfair to Employer, do not stifle the inherent skill and experience of EmployeeXxxx, would not operate as a bar to Employee's Xxxx'x sole means of support, are fully required to protect the legitimate interests of Employer, and do not confer a benefit upon Employer disproportionate to the detriment to EmployeeXxxx. Employee Xxxx further acknowledges and agrees that in the event of a breach of this paragraph 8paragraph, Employer would not have an adequate remedy at law because the damages flowing from such breach would not be readily susceptible of measurement in monetary terms and that Employer shall be entitled to injunctive relief and may obtain a temporary order restraining any threatened breach or future breach in addition to any other remedies which may be available at law or equity. Nothing in this paragraph 8 shall be deemed to limit Employer's remedies at law or in equity for breach of this or any other paragraph of this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Ncric Group Inc)

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Remedies and Acknowledgment of Reasonableness. Employee Xxxxxx acknowledges that compliance with this paragraph is necessary for the protection of the goodwill and other proprietary interests of Employer, and that, after carefully considering the extent of the restrictions upon him and the rights and remedies conferred upon Employer under this paragraph 8paragraph, the same are reasonable in time and territory, are designed to eliminate competition which otherwise would be unfair to Employer, do not stifle the inherent skill and experience of EmployeeXxxxxx, would not operate as a bar to Employee's Xxxxxx' sole means of support, are fully required to protect the legitimate interests of Employer, and do not confer a benefit upon Employer disproportionate to the detriment to EmployeeXxxxxx. Employee Xxxxxx further acknowledges and agrees that in the event of a breach of this paragraph 8paragraph, Employer would not have an adequate remedy at law because the damages flowing from such breach would not be readily susceptible of measurement in monetary terms and that Employer shall be entitled to injunctive relief and may obtain a temporary order restraining against any threatened breach or future breach in addition to any other remedies which that may be available at law or equity. Nothing in this paragraph 8 shall be deemed to limit Employer's remedies at law or in equity for breach of this or any other paragraph of this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Ncric Group Inc)

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