Common use of Remedies and Acknowledgment of Reasonableness Clause in Contracts

Remedies and Acknowledgment of Reasonableness. Executive acknowledges that compliance with this paragraph is necessary for the protection of the goodwill and other proprietary interests of NCRIC and Group, and that, after carefully considering the extent of the restrictions upon him and the rights and remedies conferred upon NCRIC under this paragraph, the same are reasonable in time and territory, are designed to eliminate competition which otherwise would be unfair to NCRIC, do not stifle the inherent skill and experience of Executive, would not operate as a bar to Executive's sole means of support, are fully required to protect the legitimate interests of NCRIC, and do not confer a benefit upon NCRIC disproportionate to the detriment to Executive. Executive further acknowledges and agrees that in the event of a breach of this paragraph, neither Group nor NCRIC 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 Group and NCRIC 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 shall be deemed to limit Group's or NCRIC's remedies at law or in equity for breach of this or any other paragraph of this Agreement.

Remedies and Acknowledgment of Reasonableness. Executive acknowledges that compliance with this paragraph is necessary for the protection of the goodwill and other proprietary interests of NCRIC and Group, and that, after carefully considering the extent of the restrictions upon him her and the rights and remedies conferred upon NCRIC under this paragraph, the same are reasonable in time and territory, are designed to eliminate competition which otherwise would be unfair to NCRIC, do not stifle the inherent skill and experience of Executive, would not operate as a bar to Executive's sole means of support, are fully required to protect the legitimate interests of NCRIC, and do not confer a benefit upon NCRIC disproportionate to the detriment to Executive. Executive further acknowledges and agrees that in the event of a breach of this paragraph, neither Group nor NCRIC 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 Group and NCRIC 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 shall be deemed to limit Group's or NCRIC's remedies at law or in equity for breach of this or any other paragraph of this Agreement.

Remedies and Acknowledgment of Reasonableness. Executive acknowledges that compliance with this paragraph is necessary for the protection of the goodwill and other proprietary interests of NCRIC and Group, and that, after carefully considering the extent of the restrictions upon him his and the rights and remedies conferred upon NCRIC under this paragraph, the same are reasonable in time and territory, are designed to eliminate competition which otherwise would be unfair to NCRIC, do not stifle the inherent skill and experience of Executive, would not operate as a bar to Executive's sole means of support, are fully required to protect the legitimate interests of NCRIC, and do not confer a benefit upon NCRIC disproportionate to the detriment to Executive. Executive further acknowledges and agrees that in the event of a breach of this paragraph, neither Group nor NCRIC 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 Group and NCRIC 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 shall be deemed to limit Group's or NCRIC's remedies at law or in equity for breach of this or any other paragraph of this Agreement.