Common use of Remedies and Survival Clause in Contracts

Remedies and Survival. Because the Corporation does not have --------------------- an adequate remedy at law to protect its interest in its trade secrets, privileged, proprietary or confidential information and similar commercial assets, or its business from Executive's competition, the Corporation shall be entitled to injunctive relief, in addition to such other remedies and relief that would, in the event of a breach of the provisions of Sections 10 or 11, be available to the Corporation. The provisions of Sections 10 and 11 and this Section 12 shall survive any termination of Executive's employment with the Corporation for any reason whatsoever. In no event shall an asserted violation of the provisions of Sections 10 or 11 of this Agreement constitute a basis for deferring or withholding any amounts otherwise payable to Executive under this Agreement.

Appears in 2 contracts

Samples: Employment Agreement (Touchstone Applied Science Associates Inc /Ny/), Stock Purchase Agreement (Touchstone Applied Science Associates Inc /Ny/)

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Remedies and Survival. Because the Corporation does not ---------------------- have --------------------- an adequate remedy at law to protect its interest in its trade secrets, privileged, proprietary or confidential information and similar commercial assets, or its business from ExecutiveEmployee's competition, the Corporation shall be entitled to injunctive relief, in addition to such other remedies and relief that would, in the event of a breach of any of the provisions of Sections 10 8 or 119, be available to the Corporation. A breach of any provision of Section 8 or 9 shall constitute irreparable harm and be deemed a material breach under this Agreement. The provisions of Sections 10 8 and 11 9 and this Section 12 10 shall survive any termination of ExecutiveEmployee's employment with the Corporation for any reason whatsoever. In no event shall an asserted violation of the provisions of Sections 10 or 11 of this Agreement constitute a basis for deferring or withholding any amounts otherwise payable to Executive under this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Touchstone Applied Science Associates Inc /Ny/)

Remedies and Survival. Because the Corporation does not --------------------- have --------------------- an adequate remedy at law to protect its interest in its trade secrets, privileged, proprietary or confidential information and similar commercial assets, or its business from Executive's competition, the Corporation shall be entitled to injunctive relief, in addition to such other remedies and relief that would, in the event of a breach of the provisions of Sections 10 8 or 119, be available to the Corporation. The provisions of Sections 10 8 and 11 9 and this Section 12 10 shall survive any termination of Executive's employment with the Corporation for any reason whatsoever. In no event shall an asserted violation of the provisions of Sections 10 8 or 11 9 of this Agreement constitute a basis for deferring or withholding any amounts otherwise payable to Executive under this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Touchstone Applied Science Associates Inc /Ny/)

Remedies and Survival. Because the Corporation does not --------------------- have --------------------- an adequate remedy at law to protect its interest in its trade secrets, privileged, proprietary or confidential information and similar commercial assets, or its business from ExecutiveEmployee's competition, the Corporation and each of its Subsidiaries shall be entitled to injunctive relief, in addition to such other remedies and relief that would, in the event of a breach of the provisions of Sections 10 8 or 119, be available to the CorporationCorporation and each of its Subsidiaries. A breach of any provision of Section 8 or 9 shall be deemed a material breach under this Agreement. The provisions of Sections 10 8 and 11 9 and this Section 12 10 shall survive any termination of ExecutiveEmployee's employment with the Corporation for any reason whatsoever. In no event shall an asserted violation of the provisions of Sections 10 or 11 of this Agreement constitute a basis for deferring or withholding any amounts otherwise payable to Executive under this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Touchstone Applied Science Associates Inc /Ny/)

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Remedies and Survival. Because the Corporation does --------------------- not have --------------------- an adequate remedy at law to protect its interest in its trade secrets, privileged, proprietary or confidential information and similar commercial assets, or its business from ExecutiveEmployee's competition, the Corporation shall be entitled to injunctive relief, in addition to such other remedies and relief that would, in the event of a breach of any of the provisions of Sections 10 8 or 119, be available to the Corporation. A breach of any provision of Section 8 or 9 shall constitute irreparable harm and be deemed a material breach under this Agreement. The provisions of Sections 10 8 and 11 9 and this Section 12 10 shall survive any termination of ExecutiveEmployee's employment with the Corporation for any reason whatsoever. In no event shall an asserted violation of the provisions of Sections 10 or 11 of this Agreement constitute a basis for deferring or withholding any amounts otherwise payable to Executive under this Agreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (Touchstone Applied Science Associates Inc /Ny/)

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