Common use of Remedies and Specific Performance Clause in Contracts

Remedies and Specific Performance. The parties acknowledge that a breach or threatened breach by a party of any of the restrictions in this Section 7 will result in irreparable and continuing damage to the other party for which there may be no adequate remedy at law and agrees that the non-breaching party will be entitled to equitable relief, including specific performance and injunctive relief, as remedies for any breach or threatened breach. The parties hereby consent to the grant of an injunction (temporary or otherwise) against the breaching party or the entry of any other court order against the breaching party prohibiting and enjoining the violation of, or directing compliance with, this Section 7. These remedies will be in addition to all other remedies, including damages, available to the non-breaching party for a breach or threatened breach of this Agreement. In addition, without limiting the remedies for any breach of any restriction on Executive in this Section 7, except as required by law, Executive will not be entitled to any payments set forth in Section 6.1 if Executive breaches the covenants applicable to Executive contained in this Section 7.

Appears in 6 contracts

Samples: Employment Agreement (NewPage Holdings Inc.), Employment Agreement (NewPage Holdings Inc.), Employment Agreement (NewPage Holdings Inc.)

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