Common use of Remedies for Breach of Covenants Clause in Contracts

Remedies for Breach of Covenants. In the event of any breach or threatened breach of any of the provisions herein, in addition to any other rights or remedies available to the Company, the Company shall have the right to seek monetary damages and equitable relief, including specific performance by means of temporary, preliminary or permanent injunctions against Executive or against Executive's partners, agents, representatives, servants, employers, employees, family members and/or any and all persons acting directly or indirectly by or with Executive, to prevent or restrain such breach. With respect to any such equitable actions or proceedings, Executive agrees that no adequate legal remedy exists, and hereby waives any defense that an adequate remedy at law exists and any requirement that the Company prove damages. Executive agrees that the Company's rights to seek injunctive and other equitable relief shall be and are cumulative and not exclusive and shall be in addition to any other remedies that the Company may have.

Appears in 2 contracts

Samples: Employment Agreement (Ubiquitel Inc), Employment Agreement (Ubiquitel Inc)

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Remedies for Breach of Covenants. In the event of any breach or threatened breach of any of the provisions herein, in addition to any other rights or remedies available to the Company, the Company shall have the right to seek monetary damages and equitable relief, including specific performance by means of temporary, preliminary or permanent injunctions against Executive or against Executive's ’s partners, agents, representatives, servants, employers, employees, family members and/or any and all persons acting directly or indirectly by or with Executive, to prevent or restrain such breach. With respect to any such equitable actions or proceedings, Executive agrees that no adequate legal remedy exists, and hereby waives any defense that an adequate remedy at law exists and any requirement that the Company prove damages. Executive agrees that the Company's ’s rights to seek injunctive and other equitable relief shall be and are cumulative and not exclusive and shall be in addition to any other remedies that the Company may have.

Appears in 2 contracts

Samples: Employment Agreement (Ubiquitel Inc), Employment Agreement (Ubiquitel Inc)

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