Remedies for Certain Breaches. If the Executive commits a breach, ----------------------------- or threatens to commit a breach, of any of the provisions of Sections 6, 7 and/or 8 hereof, the Company shall have the right and remedy to have the provisions of Sections 6, 7 and/or 8 enforced by any court of competent jurisdiction by injunction, restraining order, specific performance or other equitable relief in favor of the Company, it being acknowledged and agreed that any breach or threatened breach of Sections 6, 7 and/or 8 hereof by the Executive will cause irreparable injury to the Company and that money damages will not provide an adequate remedy to the Company. Each of such rights and remedies shall be independent of the others and shall be severally enforceable, and all of such rights and remedies shall be in addition to, and not in lieu of, any other rights and remedies available under law or in equity to the Company.
Appears in 2 contracts
Samples: Employment Agreement (Ixnet Inc), Employment Agreement (Ixnet Inc)
Remedies for Certain Breaches. If the Executive commits a breach, ----------------------------- or threatens to commit a breach, of any of the provisions of Sections 6, 7 and/or 8 hereof, the Company shall have the following rights and remedies, each of which rights and remedies shall be independent of the others, and shall be severally enforceable, and all of which rights and remedies shall be in addition to, and not in lieu of, any other rights and remedies available under law or in equity to the Company, the right and remedy to have the provisions of Sections 6, 7 and/or 8 enforced by any court of competent jurisdiction by injunction, restraining order, specific performance or other equitable relief in favor of the Company, it being acknowledged and agreed that any breach or threatened breach of Sections 6, 7 and/or 8 hereof by the Executive will cause irreparable injury to the Company and that money damages will not provide an adequate remedy to the Company. Each of such rights and remedies shall be independent of the others and shall be severally enforceable, and all of such rights and remedies shall be in addition to, and not in lieu of, any other rights and remedies available under law or in equity to the Company.
Appears in 2 contracts
Samples: Employment Agreement (Ipc Information Systems Inc), Employment Agreement (Ipc Information Systems Inc)
Remedies for Certain Breaches. If the Executive commits a breach, or ----------------------------- or threatens to commit a breach, of any of the provisions of Sections 6, 7 and/or 8 hereof, the Company shall have the following rights and remedies, each of which rights and remedies shall be independent of the others, and shall be severally enforceable, and all of which rights and remedies shall be in addition to, and not in lieu of, any other rights and remedies available under law or in equity to the Company, the right and remedy to have the provisions of Sections 6, 7 and/or 8 enforced by any court of competent jurisdiction by injunction, restraining order, specific performance or other equitable relief in favor of the Company, it being acknowledged and agreed that any breach or threatened breach of Sections 6, 7 7, and/or 8 hereof by the Executive will cause irreparable injury to the Company and that money damages will not provide an adequate remedy to the Company. Each of such rights and remedies shall be independent of the others and shall be severally enforceable, and all of such rights and remedies shall be in addition to, and not in lieu of, any other rights and remedies available under law or in equity to the Company.
Appears in 1 contract
Samples: Employment Agreement (Ixnet Inc)