Common use of REMEDIES/SANCTIONS Clause in Contracts

REMEDIES/SANCTIONS. Xxxxxx acknowledges that the services he is to render under this Agreement are of a unique and special nature, the loss of which cannot reasonably or adequately be compensated for in monetary damages, and that irreparable injury and damage may result to Griffon in the event of any breach of this Agreement or default by Xxxxxx. Because of the unique nature of the Confidential Information and the importance of the prohibitions against competition and solicitation, Xxxxxx further acknowledges and agrees that Griffon will suffer irreparable harm if he fails to comply with his obligations under Section 12 above and/or Section 13 above and that monetary damages would be inadequate to compensate Griffon for any such breach. Accordingly, Xxxxxx agrees that, in addition to any other remedies available to either Party at law, in equity or otherwise, Griffon will be entitled to seek injunctive relief or specific performance to enforce the terms, or prevent or remedy the violation, of any provisions of this Agreement.

REMEDIES/SANCTIONS. Xxxxxx acknowledges that the services he is to render under this Agreement are of a unique and special nature, the loss of which cannot reasonably or adequately be compensated for in monetary damages, and that irreparable injury and damage may result to Griffon in the event of any breach of this Agreement or default by Xxxxxx. Because of the unique nature of the Confidential Information and the importance of the prohibitions against competition and solicitation, Xxxxxx further acknowledges and agrees that Griffon Xxxxxxx will suffer irreparable harm if he fails to comply with his obligations under Section 12 above and/or Section 13 above and that monetary damages would be inadequate to compensate Griffon for any such breach. Accordingly, Xxxxxx agrees that, in addition to any other remedies available to either Party at law, in equity or otherwise, Griffon Xxxxxxx will be entitled to seek injunctive relief or specific performance to enforce the terms, or prevent or remedy the violation, of any provisions of this Agreement.

REMEDIES/SANCTIONS. Xxxxxx Xxxxxxx acknowledges that the services he is to render under this Agreement are of a unique and special nature, the loss of which cannot reasonably or adequately be compensated for in monetary damages, and that irreparable injury and damage may result to Griffon in the event of any breach of this Agreement or default by XxxxxxXxxxxxx. Because of the unique nature of the Confidential Information and the importance of the prohibitions against competition and solicitation, Xxxxxx Xxxxxxx further acknowledges and agrees that Griffon will suffer irreparable harm if he fails to comply with his obligations under Section 12 above and/or Section 13 above and that monetary damages would be inadequate to compensate Griffon for any such breach. Accordingly, Xxxxxx Xxxxxxx agrees that, in addition to any other remedies available to either Party at law, in equity or otherwise, Griffon will be entitled to seek injunctive relief or specific performance to enforce the terms, or prevent or remedy the violation, of any provisions of this Agreement.