Common use of Remedies for Breach of Restrictive Covenants Clause in Contracts

Remedies for Breach of Restrictive Covenants. a. The Executive acknowledges that the restrictions contained in Sections 9 h. iii., 11, 12, 13, and 14 of this Agreement are, in view of the nature of the Employer’s business, reasonable and necessary in order to protect the legitimate interests of the Employer and that any violation of those Sections would result in irreparable injuries and harm to the Employer, and that damages alone would be an inadequate remedy. b. The Executive hereby agrees that the Employer will be entitled to the remedies of injunction, specific performance and other equitable relief to prevent a breach or recurrence of a breach of this Agreement and that the Employer will be entitled to its reasonable legal costs and expenses, including but not limited to its attorneys’ fees, incurred in properly enforcing a provision of this Agreement. c. Nothing contained herein will be construed as a waiver of any of the rights that the Employer may have for damages or otherwise. d. The Executive and the Employer expressly agree that the provisions of Sections 9 h. iii., 11, 12, 13, 14, and 21 of this Agreement will survive the termination of the Executive’s employment for any reason.

Appears in 3 contracts

Samples: Employment Agreement (Ritchie Bros Auctioneers Inc), Employment Agreement (Ritchie Bros Auctioneers Inc), Employment Agreement (Ritchie Bros Auctioneers Inc)

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Remedies for Breach of Restrictive Covenants. a. The Executive acknowledges that the restrictions contained in Sections 9 h. iii., 11, 12, 13, and 14 of this Agreement are, in view of the nature of the Employer’s business, reasonable and necessary in order to protect the legitimate interests of the Employer and that any violation of those Sections would result in irreparable injuries and harm to the Employer, and that damages alone would be an inadequate remedy. b. The Executive hereby agrees that the Employer will be entitled to the remedies of injunction, specific performance performance, and other equitable relief to prevent a breach or recurrence of a breach of this Agreement and that the Employer will be entitled to its reasonable legal costs and expenses, including but not limited to its attorneys’ fees, incurred in properly enforcing a provision of this Agreement. c. Nothing contained herein will be construed as a waiver of any of the rights that the Employer may have for damages or otherwise. d. The Executive and the Employer expressly agree that the provisions of Sections 9 h. iii., 11, 12, 13, 14, and 21 of this Agreement will survive the termination of the Executive’s employment for any reason.

Appears in 2 contracts

Samples: Employment Agreement (Rb Global Inc.), Employment Agreement (Rb Global Inc.)

Remedies for Breach of Restrictive Covenants. a. The Executive acknowledges that the restrictions contained in Sections 9 h. 10 i. iii., 11, 12, 13, 14, 15 and 14 16 of this Agreement are, in view of the nature of the Employer’s 's business, reasonable and necessary in order to protect the legitimate interests of the Employer and that any violation of those Sections would result in irreparable injuries and harm to the Employer, and that damages alone would be an inadequate remedy. b. The Executive hereby agrees that the Employer will be entitled to the remedies of injunction, specific performance and other equitable relief to prevent a breach or recurrence of a breach of this Agreement and that the Employer will be entitled to its reasonable legal costs and expenses, including but not limited to its attorneys' fees, incurred in properly enforcing a provision of this Agreement. c. Nothing contained herein will be construed as a waiver of any of the rights that the Employer may have for damages or otherwise. d. The Executive and the Employer expressly agree that the provisions of Sections 9 h. 10 i. iii., 11, 12, 13, 14, 15, 16 and 21 23 of this Agreement will survive the termination of the Executive’s employment for any reason.

Appears in 2 contracts

Samples: Employment Agreement, Employment Agreement (Ritchie Bros Auctioneers Inc)

Remedies for Breach of Restrictive Covenants. a. The Executive acknowledges that the restrictions contained in Sections 9 h. g. iii., 11, 12, 13, 13 and 14 of this Agreement are, in view of the nature of the Employer’s business, reasonable and necessary in order to protect the legitimate interests of the Employer and that any violation of those Sections would result in irreparable injuries and harm to the Employer, and that damages alone would be an inadequate remedy. b. The Executive hereby agrees that the Employer will be entitled to the remedies of injunction, specific performance and other equitable relief to prevent a breach or recurrence of a breach of this Agreement and that the Employer will be entitled to its reasonable legal costs and expenses, including but not limited to its attorneys’ fees, incurred in properly enforcing a provision of this Agreement. c. Nothing contained herein will be construed as a waiver of any of the rights that the Employer may have for damages or otherwise. d. The Executive and the Employer expressly agree that the provisions of Sections 9 h. g. iii., 11, 12, 13, 14, and 21 of this Agreement will survive the termination of the Executive’s employment for any reason.

Appears in 2 contracts

Samples: Employment Agreement (Ritchie Bros Auctioneers Inc), Employment Agreement (Ritchie Bros Auctioneers Inc)

Remedies for Breach of Restrictive Covenants. a. The Executive acknowledges that the restrictions contained in Sections 9 h. g. iii., 11, 12, 13, 13 and 14 of this Agreement are, in view of the nature of the Employer’s business, reasonable and necessary in order to protect the legitimate interests of the Employer and that any violation of those Sections would result in irreparable injuries and harm to the Employer, and that damages alone would be an inadequate remedy. b. The Executive hereby agrees that the Employer will be entitled to the remedies of injunction, specific performance and other equitable relief to prevent a breach or recurrence of a breach of this Agreement and that the Employer will be entitled to its reasonable legal costs and expenses, including but not limited to its attorneys’ fees, incurred in properly enforcing a provision of this Agreement. c. Nothing contained herein will be construed as a waiver of any of the rights that the Employer may have for damages or otherwise. d. The Executive and the Employer expressly agree that the provisions of Sections 9 h. g. iii., 11, 12, 13, 1412,13,14, and 21 of this Agreement will survive the termination of the Executive’s employment for any reason.

Appears in 2 contracts

Samples: Employment Agreement (Ritchie Bros Auctioneers Inc), Employment Agreement (Ritchie Bros Auctioneers Inc)

Remedies for Breach of Restrictive Covenants. a. The Executive acknowledges that the restrictions contained in Sections 9 10 h. iii., 11, 12, 13, 14 and 14 15 of this Agreement are, in view of the nature of the Employer’s 's business, reasonable and necessary in order to protect the legitimate interests of the Employer and that any violation of those Sections would result in irreparable injuries and harm to the Employer, and that damages alone would be an inadequate remedy. b. The Executive hereby agrees that the Employer will be entitled to the remedies of injunction, specific performance and other equitable relief to prevent a breach or recurrence of a breach of this Agreement and that the Employer will be entitled to its reasonable legal costs and expenses, including but not limited to its attorneys' fees, incurred in properly enforcing a provision of this Agreement. c. Nothing contained herein will be construed as a waiver of any of the rights that the Employer may have for damages or otherwise. d. The Executive and the Employer expressly agree that the provisions of Sections 9 h. 10 g. iii., 11, 12, 13, 14, 15 and 21 22 of this Agreement will survive the termination of the Executive’s 's employment for any reason.

Appears in 2 contracts

Samples: Employment Agreement (Ritchie Bros Auctioneers Inc), Employment Agreement (Ritchie Bros Auctioneers Inc)

Remedies for Breach of Restrictive Covenants. a. The Executive acknowledges that the restrictions contained in Sections 9 10 h. iii., 11, 12, 13, 14 and 14 15 of this Agreement are, in view of the nature of the Employer’s business, reasonable and necessary in order to protect the legitimate interests of the Employer and that any violation of those Sections would result in irreparable injuries and harm to the Employer, and that damages alone would be an inadequate remedy. b. The Executive hereby agrees that the Employer will be entitled to the remedies of injunction, specific performance and other equitable relief to prevent a breach or recurrence of a breach of this Agreement and that the Employer will be entitled to its reasonable legal costs and expenses, including but not limited to its attorneys’ fees, incurred in properly enforcing a provision of this Agreement. c. Nothing contained herein will be construed as a waiver of any of the rights that the Employer may have for damages or otherwise. d. The Executive and the Employer expressly agree that the provisions of Sections 9 10 h. iii., 11, 12, 13, 1413,14,15, and 21 22 of this Agreement will survive the termination of the Executive’s employment for any reason.

Appears in 2 contracts

Samples: Employment Agreement (Ritchie Bros Auctioneers Inc), Employment Agreement (Ritchie Bros Auctioneers Inc)

Remedies for Breach of Restrictive Covenants. a. The Executive acknowledges that the restrictions contained in Sections 9 h. f. iii., 11, 12, 13, 13 and 14 of this Agreement are, in view of the nature of the Employer’s business, reasonable and necessary in order to protect the legitimate interests of the Employer and that any violation of those Sections would result in irreparable injuries and harm to the Employer, and that damages alone would be an inadequate remedy. b. The Executive hereby agrees that the Employer will be entitled to the remedies of injunction, specific performance and other equitable relief to prevent a breach or recurrence of a breach of this Agreement and that the Employer will be entitled to its reasonable legal costs and expenses, including but not limited to its attorneys’ fees, incurred in properly enforcing a provision of this Agreement. c. Nothing contained herein will be construed as a waiver of any of the rights that the Employer may have for damages or otherwise. d. The Executive and the Employer expressly agree that the provisions of Sections 9 h. f. iii., 11, 12, 13, 14, and 21 of this Agreement will survive the termination of the Executive’s employment for any reason.

Appears in 1 contract

Samples: Employment Agreement (Ritchie Bros Auctioneers Inc)

Remedies for Breach of Restrictive Covenants. a. The Executive acknowledges that the restrictions contained in Sections 9 h. iii11.h.iii., 11, 12, 13, 14, 15 and 14 16 of this Agreement are, in view of the nature of the Employer’s business, reasonable and necessary in order to protect the legitimate interests of the Employer and that any violation of those Sections would result in irreparable injuries and harm to the Employer, and that damages alone would be an inadequate remedy. b. The Executive hereby agrees that the Employer will be entitled to the remedies of injunction, specific performance and other equitable relief to prevent a breach or recurrence of a breach of this Agreement and that the Employer will be entitled to its reasonable legal costs and expenses, including but not limited to its attorneys’ fees, incurred in properly enforcing a provision of this Agreement. c. Nothing contained herein will be construed as a waiver of any of the rights that the Employer may have for damages or otherwise. d. The Executive and the Employer expressly agree that the provisions of Sections 9 h. iii11.h.iii., 11, 12, 13, 14, 15, 16, and 21 23 of this Agreement will survive the termination of the Executive’s employment for any reason.

Appears in 1 contract

Samples: Employment Agreement (Ritchie Bros Auctioneers Inc)

Remedies for Breach of Restrictive Covenants. a. The Executive acknowledges that the restrictions contained in Sections 9 h. 11 g. iii., 11, 12, 13, 14, 15 and 14 16 of this Agreement are, in view of the nature of the Employer’s business, reasonable and necessary in order to protect the legitimate interests of the Employer and that any violation of those Sections would result in irreparable injuries and harm to the Employer, and that damages alone would be an inadequate remedy. b. The Executive hereby agrees that the Employer will be entitled to the remedies of injunction, specific performance and other equitable relief to prevent a breach or recurrence of a breach of this Agreement and that the Employer will be entitled to its reasonable legal costs and expenses, including but not limited to its attorneys’ feeson a solicitor and client basis, incurred in properly enforcing a provision of this Agreement. c. Nothing contained herein will be construed as a waiver of any of the rights that the Employer may have for damages or otherwise. d. The Executive and the Employer expressly agree that the provisions of Sections 9 h. 11 g. iii., 11, 12, 13, 14, 15, 16, and 21 23 of this Agreement will survive the termination of the Executive’s employment for any reason.

Appears in 1 contract

Samples: Employment Agreement (Ritchie Bros Auctioneers Inc)

Remedies for Breach of Restrictive Covenants. a. The Executive acknowledges that the restrictions contained in Sections 9 h. 10 g. iii., 11, 12, 13, 14 and 14 15 of this Agreement are, in view of the nature of the Employer’s business, reasonable and necessary in order to protect the legitimate interests of the Employer and that any violation of those Sections would result in irreparable injuries and harm to the Employer, and that damages alone would be an inadequate remedy. b. The Executive hereby agrees that the Employer will be entitled to the remedies of injunction, specific performance and other equitable relief to prevent a breach or recurrence of a breach of this Agreement and that the Employer will be entitled to its reasonable legal costs and expenses, including but not limited to its attorneys’ fees, incurred in properly enforcing a provision of this Agreement. c. Nothing contained herein will be construed as a waiver of any of the rights that the Employer may have for damages or otherwise. d. The Executive and the Employer expressly agree that the provisions of Sections 9 h. 10 g. iii., 11, 12, 13, 14, 15, and 21 22 of this Agreement will survive the termination of the Executive’s employment for any reason.

Appears in 1 contract

Samples: Employment Agreement (Ritchie Bros Auctioneers Inc)

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Remedies for Breach of Restrictive Covenants. a. The Executive acknowledges that the restrictions contained in Sections 9 h. 10 g. iii., 11, 12, 13, 14 and 14 15 of this Agreement are, in view of the nature of the Employer’s business, reasonable and necessary in order to protect the legitimate interests of the Employer and that any violation of those Sections would result in irreparable injuries and harm to the Employer, and that damages alone would be an inadequate remedy. b. The Executive hereby agrees that the Employer will be entitled to the remedies of injunction, specific performance and other equitable relief to prevent a breach or recurrence of a breach of this Agreement and that the Employer will be entitled to its reasonable legal costs and expenses, including but not limited to its attorneys’ feeson a solicitor and client basis, incurred in properly enforcing a provision of this Agreement. c. Nothing contained herein will be construed as a waiver of any of the rights that the Employer may have for damages or otherwise. d. The Executive and the Employer expressly agree that the provisions of Sections 9 h. 10 g. iii., 11, 12, 13, 14, 15, and 21 22 of this Agreement will survive the termination of the Executive’s employment for any reason.

Appears in 1 contract

Samples: Employment Agreement (Ritchie Bros Auctioneers Inc)

Remedies for Breach of Restrictive Covenants. a. The Executive acknowledges that the restrictions contained in Sections 9 h. iii., 11, 12, 11.h.iii. 13, 14, 15 and 14 16 of this Agreement are, in view of the nature of the Employer’s business, reasonable and necessary in order to protect the legitimate interests of the Employer and that any violation of those Sections would result in irreparable injuries and harm to the Employer, and that damages alone would be an inadequate remedy. b. The Executive hereby agrees that the Employer will be entitled to the remedies of injunction, specific performance and other equitable relief to prevent a breach or recurrence of a breach of this Agreement and that the Employer will be entitled to its reasonable legal costs and expenses, including but not limited to its attorneys’ fees, incurred in properly enforcing a provision of this Agreement. c. Nothing contained herein will be construed as a waiver of any of the rights that the Employer may have for damages or otherwise. d. The Executive and the Employer expressly agree that the provisions of Sections 9 h. iii11.h.iii., 11, 12, 13, 14, 15, 16 and 21 23 of this Agreement will survive the termination of the Executive’s employment for any reason.

Appears in 1 contract

Samples: Employment Agreement (Ritchie Bros Auctioneers Inc)

Remedies for Breach of Restrictive Covenants. a. The Executive acknowledges that the restrictions contained in Sections 9 h. f. iii., 11, 12, 13, and 14 of this Agreement are, in view of the nature of the Employer’s business, reasonable and necessary in order to protect the legitimate interests of the Employer and that any violation of those Sections would result in irreparable injuries and harm to the Employer, and that damages alone would be an inadequate remedy. b. The Executive hereby agrees that the Employer will be entitled to the remedies of injunction, specific performance and other equitable relief to prevent a breach or recurrence of a breach of this Agreement and that the Employer will be entitled to its reasonable legal costs and expenses, including but not limited to its attorneys’ fees, incurred in properly enforcing a provision of this Agreement. c. Nothing contained herein will be construed as a waiver of any of the rights that the Employer may have for damages or otherwise. d. The Executive and the Employer expressly agree that the provisions of Sections 9 h. f. iii., 11, 12, 13, 14, and 21 of this Agreement will survive the termination of the Executive’s employment for any reason.

Appears in 1 contract

Samples: Employment Agreement (Ritchie Bros Auctioneers Inc)

Remedies for Breach of Restrictive Covenants. a. The Executive acknowledges that the restrictions contained in Sections 9 h. 11.h. iii., 11, 12, 13, 14, 15, and 14 16 of this Agreement are, in view of the nature of the Employer’s 's business, reasonable and necessary in order to protect the legitimate interests of the Employer and that any violation of those Sections would result in irreparable injuries and harm to the Employer, and that damages alone would be an inadequate remedy. b. The Executive hereby agrees that the Employer will be entitled to the remedies of injunction, specific performance and other equitable relief to prevent a breach or recurrence of a breach of this Agreement and that the Employer will be entitled to its reasonable legal costs and expenses, including but not limited to its attorneys' fees, incurred in properly enforcing a provision of this Agreement. c. Nothing contained herein will be construed as a waiver of any of the rights that the Employer may have for damages or otherwise. d. The Executive and the Employer expressly agree that the provisions of Sections 9 h. 11.h. iii., 11, 12, 13, 14, 15, 16, and 21 23 of this Agreement will survive the termination of the Executive’s 's employment for any reason.

Appears in 1 contract

Samples: Employment Agreement (Ritchie Bros Auctioneers Inc)

Remedies for Breach of Restrictive Covenants. a. The Executive acknowledges that the restrictions contained in Sections 9 11 h. iii., 11, 12, 13, 14, 15 and 14 16 of this Agreement are, in view of the nature of the Employer’s business, reasonable and necessary in order to protect the legitimate interests of the Employer and that any violation of those Sections would result in irreparable injuries and harm to the Employer, and that damages alone would be an inadequate remedy. b. The Executive hereby agrees that the Employer will be entitled to the remedies of injunction, specific performance and other equitable relief to prevent a breach or recurrence of a breach of this Agreement and that the Employer will be entitled to its reasonable legal costs and expenses, including but not limited to its attorneys’ fees, incurred in properly enforcing a provision of this Agreement. c. Nothing contained herein will be construed as a waiver of any of the rights that the Employer may have for damages or otherwise. d. The Executive and the Employer expressly agree that the provisions of Sections 9 11 h. iii., 11, 12, 13, 14, 15, 16, and 21 23 of this Agreement will survive the termination of the Executive’s employment for any reason.

Appears in 1 contract

Samples: Employment Agreement (Ritchie Bros Auctioneers Inc)

Remedies for Breach of Restrictive Covenants. a. The Executive acknowledges that the restrictions contained in Sections 9 10 h. iii., 11, 12, 13, 14 and 14 15 of this Agreement are, in view of the nature of the Employer’s business, reasonable and necessary in order to protect the legitimate interests of the Employer and that any violation of those Sections would result in irreparable injuries and harm to the Employer, and that damages alone would be an inadequate remedy. b. The Executive hereby agrees that the Employer will be entitled to the remedies of injunction, specific performance and other equitable relief to prevent a breach or recurrence of a breach of this Agreement and that the Employer will be entitled to its reasonable legal costs and expenses, including but not limited to its attorneys’ fees, incurred in properly enforcing a provision of this Agreement. c. Nothing contained herein will be construed as a waiver of any of the rights that the Employer may have for damages or otherwise. d. The Executive and the Employer expressly agree that the provisions of Sections 9 10 h. iii., 11, 12, 13, 14, 15, and 21 22 of this Agreement will survive the termination of the Executive’s employment for any reason.

Appears in 1 contract

Samples: Employment Agreement (Ritchie Bros Auctioneers Inc)

Remedies for Breach of Restrictive Covenants. a. The Executive acknowledges that the restrictions contained in Sections 9 10 h. iii., 11, 12, 13, 14, and 14 15 of this Agreement are, in view of the nature of the Employer’s business, reasonable and necessary in order to protect the legitimate interests of the Employer and that any violation of those Sections would result in irreparable injuries and harm to the Employer, and that damages alone would be an inadequate remedy. b. The Executive hereby agrees that the Employer will be entitled to the remedies of injunction, specific performance and other equitable relief to prevent a breach or recurrence of a breach of this Agreement and that the Employer will be entitled to its reasonable legal costs and expenses, including but not limited to its attorneys’ fees, incurred in properly enforcing a provision of this Agreement. c. Nothing contained herein will be construed as a waiver of any of the rights that the Employer may have for damages or otherwise. d. The Executive and the Employer expressly agree that the provisions of Sections 9 10 h. iii., 11, 12, 13, 14, 15, and 21 22 of this Agreement will survive the termination of the Executive’s employment for any reason.

Appears in 1 contract

Samples: Employment Agreement (Ritchie Bros Auctioneers Inc)

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