Common use of Rescission and Forfeiture Clause in Contracts

Rescission and Forfeiture. You understand and agree that if the Corporation determines you have violated Section 2(e)(i) and/or Section 2(e)(ii) and/or any non-competition or non-solicitation agreement that you have with any member of the Corporation Group, then, in addition to injunctive relief, damages, and all other equitable and legal rights and remedies the Corporation Group may be awarded:

Appears in 3 contracts

Samples: Award Agreement (Kenvue Inc.), Award Agreement (Kenvue Inc.), Award Agreement (Kenvue Inc.)

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Rescission and Forfeiture. You understand and agree that if the Corporation determines you have violated Section 2(e)(i2(d)(i) and/or Section 2(e)(ii2(d)(ii) and/or any non-competition or non-solicitation agreement that you have with any member of the Corporation Group, then, in addition to injunctive relief, damages, and all other equitable and legal rights and remedies the Corporation Group may be awardedremedies:

Appears in 3 contracts

Samples: Global Performance Share Unit Award Agreement (Johnson & Johnson), Restricted Share Unit Award Agreement (Johnson & Johnson), Global Performance Share Unit Award Agreement (Johnson & Johnson)

Rescission and Forfeiture. You understand and agree that if the Corporation determines you have violated Section 2(e)(i2(b)(i) and/or Section 2(e)(ii2(b)(ii) and/or any non-competition or non-solicitation agreement that you have with any member of the Corporation Group, then, in addition to injunctive relief, damages, and all other equitable and legal rights and remedies the Corporation Group may be awarded:

Appears in 2 contracts

Samples: Nonqualified Stock Option Award Agreement (Kenvue Inc.), Kenvue Inc.

Rescission and Forfeiture. You understand and agree that if the Corporation determines you have violated Section 2(e)(i2(b)(i) and/or Section 2(e)(ii2(b)(ii) and/or any non-competition or non-solicitation agreement that you have with any member of the Corporation Group, then, in addition to injunctive relief, damages, and all other equitable and legal rights and remedies the Corporation Group may be awardedremedies:

Appears in 2 contracts

Samples: Nonqualified Stock Option Award Agreement (Johnson & Johnson), Nonqualified Stock Option Award Agreement (Johnson & Johnson)

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Rescission and Forfeiture. You understand and agree that if the Corporation determines you have violated Section 2(e)(i2(d)(i) and/or Section 2(e)(ii2(d)(ii) and/or any non-non- competition or non-solicitation agreement that you have with any member of the Corporation Group, then, in addition to injunctive relief, damages, and all other equitable and legal rights and remedies the Corporation Group may be awardedremedies:

Appears in 1 contract

Samples: Restricted Share Unit Award Agreement (Johnson & Johnson)

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