Common use of Right to Injunction; Survival of Undertakings Clause in Contracts

Right to Injunction; Survival of Undertakings. (a) In recognition of the necessity of the limited restrictions imposed by Sections 8.1 and 8.2, the parties agree that it would be impossible to measure solely in money the damages that the Company would suffer if Executive were to breach any of his obligations under such Sections. Executive acknowledges that any breach of any provision of such Sections would irreparably injure the Company. Accordingly, Executive agrees that the Company shall be entitled, in addition to any other remedies to which the Company may be entitled under this Agreement or otherwise, to an injunction to be issued by a court of competent jurisdiction, to restrain any actual breach, or threatened breach, of such provisions, and Executive hereby waives any right to assert any defense that the Company has an adequate remedy at law for any such breach.

Appears in 6 contracts

Samples: Change of Control Employment Agreement (Allstate Corp), Control Employment Agreement (Allstate Corp), Control Employment Agreement (Allstate Corp)

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Right to Injunction; Survival of Undertakings. (a) In recognition of the confidential nature of the Confidential Information, and in recognition of the necessity of the limited restrictions imposed by Sections 8.1 and 8.2, the parties agree that it would be impossible to measure solely in money the damages that which the Company would suffer if Executive were to breach any of his obligations under such Sections. Executive acknowledges that any breach of any provision of such Sections would irreparably injure the Company. Accordingly, Executive agrees that if he breaches any of the provisions of such Sections, the Company shall be entitled, in addition to any other remedies to which the Company may be entitled under this Agreement or otherwise, to an injunction to be issued by a court of competent jurisdiction, to restrain any actual breach, or threatened breach, of such provisions, and Executive hereby waives any right to assert any claim or defense that the Company has an adequate remedy at law for any such breach.

Appears in 6 contracts

Samples: Control Employment Agreement (Russell Corp), Employment Agreement (Russell Corp), Employment Agreement (Russell Corp)

Right to Injunction; Survival of Undertakings. (a) In recognition of the confidential nature of the Confidential Information, and in recognition of the necessity of the limited restrictions imposed by Sections 8.1 and 8.1, 8.2, 8.3 and 8.4 the parties agree that it would be impossible to measure solely in money the damages that which the Company would suffer if Executive were to breach any of his or her obligations under such Sections. Executive acknowledges that any breach of any provision of such Sections would irreparably injure the Company. Accordingly, Executive agrees that if he or she breaches any of the provisions of such Sections, the Company shall be entitled, in addition to any other remedies to which the Company may be entitled under this Agreement or otherwise, to an injunction to be issued by a court of competent jurisdiction, to restrain any actual breach, or threatened breach, of such provisions, and Executive hereby waives any right to assert any claim or defense that the Company has an adequate remedy at law for any such breach.

Appears in 4 contracts

Samples: Control Employment Agreement (Baltimore Gas & Electric Co), Control Employment Agreement (Exelon Corp), Control Employment Agreement (Exelon Corp)

Right to Injunction; Survival of Undertakings. (a) In recognition of the confidential nature of the Confidential Information, and in recognition of the necessity of the limited restrictions imposed by Sections 8.1 9.1, 9.2 and 8.29.3, the parties agree that it would be impossible to measure solely in money the damages that which the Company would suffer if Executive were to breach any of his obligations under such Sections. Executive acknowledges that any breach of any provision of such Sections would irreparably injure the Company. Accordingly, Executive agrees that if he breaches any of the provisions of such Sections, the Company shall be entitled, in addition to any other remedies to which the Company may be entitled under this Agreement or otherwise, to an injunction to be issued by a court of competent jurisdiction, to restrain any actual breach, or threatened breach, of such provisions, and Executive hereby waives any right to assert any claim or defense that the Company has an adequate remedy at law for any such breach.

Appears in 4 contracts

Samples: Employment Agreement (Exelon Generation Co LLC), Employment Agreement (Exelon Corp), Employment Agreement (Commonwealth Edison Co)

Right to Injunction; Survival of Undertakings. (a) In recognition of the necessity of the limited restrictions imposed by Sections 8.1 7.1, 7.2 and 8.27.3, the parties agree that it would be impossible to measure solely in money the damages that any of the Company Companies would suffer if Executive were to breach any of his obligations under such Sections. Executive acknowledges that any breach of any provision of such Sections would irreparably injure the Company. Accordingly, Executive agrees that the Company shall be entitled, in addition to any other remedies to which the Company may be entitled under this Agreement or otherwise, to an injunction to be issued by a court of competent jurisdiction, to restrain any actual breach, or threatened breach, of such provisions, and Executive hereby waives any right to assert any defense that any of the Company has an to adequate remedy at law for any such breach.

Appears in 3 contracts

Samples: Employment Agreement (Financial Industries Corp), Employment Agreement (Financial Industries Corp), Employment Agreement (Financial Industries Corp)

Right to Injunction; Survival of Undertakings. (ai) In recognition of the confidential nature of the Confidential Information, and in recognition of the necessity of the limited restrictions imposed by Sections 8.1 this Agreement, Executive and 8.2, the parties Company agree that it would be impossible to measure solely in money the damages that which the Company would suffer if Executive were to breach any of his or her obligations under such Sectionshereunder. Executive acknowledges that any breach of any provision of such Sections this Agreement would irreparably injure the Company. Accordingly, Executive agrees that if he or she breaches any of the provisions of this Agreement, the Company shall be entitled, in addition to any other remedies to which the Company may be entitled under this Agreement or otherwise, to an injunction to be issued by a court of competent jurisdictionjurisdiction or arbitrator, to restrain any actual breach, or threatened breach, of such provisionsany provision of this Agreement without the necessity of posting a bond or other security therefor, and Executive hereby waives any right to assert any claim or defense that the Company has an adequate remedy at law for any such breach.

Appears in 2 contracts

Samples: Change in Control and Restrictive Covenant Agreement (Williams Companies, Inc.), Control and Restrictive Covenant Agreement (Williams Companies Inc)

Right to Injunction; Survival of Undertakings. (a) In recognition of the confidential nature of the Confidential Information, and in recognition of the necessity of the limited restrictions imposed by Sections 8.1 and 8.2Section 8.1, the parties agree that it would be impossible to measure solely in money the damages that which the Company would suffer if Executive were to breach any of his obligations under such Sections. Executive acknowledges that any breach of any provision of such Sections Section would irreparably injure the Company. Accordingly, Executive agrees that if he breaches any of the provisions of such Section, the Company shall be entitled, in addition to any other remedies to which the Company may be entitled under this Agreement or otherwise, to an injunction to be issued by a court of competent jurisdiction, to restrain any actual breach, or threatened breach, of such provisions, and Executive hereby waives any right to assert any claim or defense that the Company has an adequate remedy at law for any such breach.

Appears in 2 contracts

Samples: McDonalds Corp, Employment Agreement (McDonalds Corp)

Right to Injunction; Survival of Undertakings. (a) In recognition of the confidential nature of the Confidential Information, and in recognition of the necessity of the limited restrictions imposed by Sections 8.1 and 8.1, 8.2, 8.3 and 8.4 the parties agree that it would be impossible to measure solely in money the damages that which the Company would suffer if Executive were to breach any of his obligations under such Sections. Executive acknowledges that any breach of any provision of such Sections would irreparably injure the Company. Accordingly, Executive agrees that if he breaches any of the provisions of such Sections, the Company shall be entitled, in addition to any other remedies to which the Company may be entitled under this Agreement or otherwise, to an injunction to be issued by a court of competent jurisdiction, to restrain any actual breach, or threatened breach, of such provisions, and Executive hereby waives any right to assert any claim or defense that the Company has an adequate remedy at law for any such breach.

Appears in 2 contracts

Samples: Employment Agreement (Exelon Corp), Employment Agreement (Principal Financial Group Inc)

Right to Injunction; Survival of Undertakings. (a) In recognition of the confidential nature of the Confidential Information, and in recognition of the necessity of the limited restrictions imposed by Sections 8.1 4, 5 and 8.26, the parties agree that it would be impossible to measure solely in money the damages that which the Company would suffer if Executive were to breach any of his obligations under such Sections. Executive acknowledges that any breach of any provision of such Sections would irreparably injure the Company. Accordingly, Executive agrees that if he breaches any of the provisions of such Sections, the Company shall be entitled, in addition to any other remedies to which the Company may be entitled under this Agreement or otherwise, to an injunction to be issued by a court of competent jurisdiction, to restrain any actual breach, or threatened breach, of such provisions, and Executive hereby waives any right to assert any claim or defense that the Company has an adequate remedy at law for any such breach.

Appears in 2 contracts

Samples: Employment Agreement (McDonalds Corp), McDonalds Corp

Right to Injunction; Survival of Undertakings. (ai) In recognition of the confidential nature of the Confidential Information, and in recognition of the necessity of the limited restrictions imposed by Sections 8.1 this ADMIN/21794887v3 Agreement, Executive and 8.2, the parties Company agree that it would be impossible to measure solely in money the damages that which the Company would suffer if Executive were to breach any of his or her obligations under such Sectionshereunder. Executive acknowledges that any breach of any provision of such Sections this Agreement would irreparably injure the Company. Accordingly, Executive agrees that if he or she breaches any of the provisions of this Agreement, the Company shall be entitled, in addition to any other remedies to which the Company may be entitled under this Agreement or otherwise, to an injunction to be issued by a court of competent jurisdictionjurisdiction or arbitrator, to restrain any actual breach, or threatened breach, of such provisionsany provision of this Agreement without the necessity of posting a bond or other security therefor, and Executive hereby waives any right to assert any claim or defense that the Company has an adequate remedy at law for any such breach.

Appears in 2 contracts

Samples: Control and Restrictive Covenant Agreement (Williams Companies, Inc.), Change in Control and Restrictive Covenant Agreement (Williams Companies Inc)

Right to Injunction; Survival of Undertakings. (ai) In recognition of the confidential nature of the Confidential Information, and in recognition of the necessity of the limited restrictions imposed by Sections 8.1 and 8.2this Agreement, the parties Executive and the Company agree that it would be impossible to measure solely in money the damages that which the Company would suffer if the Executive were to breach any of his the Executive’s obligations under such Sectionshereunder. The Executive acknowledges that any breach of any provision of such Sections this Agreement would irreparably injure the Company. Accordingly, the Executive agrees that if the Executive breaches any of the provisions of Section 8 of this Agreement, the Company shall be entitled, in addition to any other remedies to which the Company may be entitled under this Agreement or otherwise, to an injunction to be issued by a court of competent jurisdiction, to restrain any actual breach, or threatened breach, of such provisionsany provision of this Agreement without the necessity of posting a bond or other security therefore, and the Executive hereby waives any right to assert any claim or defense that the Company has an adequate remedy at law for any such breach.

Appears in 2 contracts

Samples: Severance and Restrictive Covenant Agreement (WPX Energy, Inc.), Severance and Restrictive Covenant Agreement (WPX Energy, Inc.)

Right to Injunction; Survival of Undertakings. (a) In recognition of the confidential nature of the Confidential Information, and in recognition of the necessity of the limited restrictions imposed by Sections 8.1 and 8.1, 8.2, 8.3 and 8.4 the parties agree that it would be impossible to measure solely in money the damages that which the Company would suffer if Executive were to breach any of his her obligations under such Sections. Executive acknowledges that any breach of any provision of such Sections would irreparably injure the Company. Accordingly, Executive agrees that if she breaches any of the provisions of such Sections, the Company shall be entitled, in addition to any other remedies to which the Company may be entitled under this Agreement or otherwise, to an injunction to be issued by a court of competent jurisdiction, to restrain any actual breach, or threatened breach, of such provisions, and Executive hereby waives any right to assert any claim or defense that the Company has an adequate remedy at law for any such breach.

Appears in 2 contracts

Samples: Control Employment Agreement, Control Employment Agreement (Exelon Corp)

Right to Injunction; Survival of Undertakings. (a) In recognition of the confidential nature of the Confidential Information, and in recognition of the necessity of the limited restrictions imposed by Sections 8.1 12.1, 12.2, 12.3 and 8.2, 12.4 the parties agree that it would be impossible to measure solely in money the damages that which the Company would suffer if Executive were to breach any of his obligations under such Sections. Executive acknowledges that any breach of any provision of such Sections would irreparably injure the Company. Accordingly, Executive agrees that if he breaches any of the provisions of such Sections, the Company shall be entitled, in addition to any other remedies to which the Company may be entitled under this Agreement or otherwise, to an injunction to be issued by a court of competent jurisdiction, to restrain any actual breach, or threatened breach, of such provisions, and Executive hereby waives any right to assert any claim or defense that the Company has an adequate remedy at law for any such breach.

Appears in 1 contract

Samples: Employment Agreement (Exelon Corp)

Right to Injunction; Survival of Undertakings. (ai) In recognition of the confidential nature of the Confidential Information, in recognition of the necessity of the limited restrictions imposed by Sections 8.1 9(a), 9(b) and 8.29(c) and in recognition of the nature of the restriction imposed by Section 11, the parties agree that it would be impossible to measure solely in money the damages that which the Company would suffer if Executive were to breach any of his obligations under such Sections. Executive acknowledges that any breach of any provision of such Sections would irreparably injure the Company. Accordingly, Executive agrees that if he breaches any of the provisions of such Sections, the Company shall be entitled, in addition to any other remedies to which the Company may be entitled under this Agreement or otherwise, to an injunction to be issued by a court of competent jurisdiction, to restrain any actual breach, or threatened breach, of such provisions, and Executive hereby waives any right to assert any claim or defense that the Company has an adequate remedy at law for any such breach.

Appears in 1 contract

Samples: Separation Agreement (Commonwealth Edison Co)

Right to Injunction; Survival of Undertakings. (a) In recognition of the confidential nature of the Confidential Information, and in recognition of the necessity of the limited restrictions imposed by Sections 8.1 9.1, 9.2, 9.3 and 8.2, 9.4 the parties agree that it would be impossible to measure solely in money the damages that which the Company would suffer if Executive were to breach any of his obligations under such Sections. Executive acknowledges that any breach of any provision of such Sections would irreparably injure the Company. Accordingly, Executive agrees that if he breaches any of the provisions of such Sections, the Company shall be entitled, in addition to any other remedies to which the Company may be entitled under this Agreement or otherwise, to an injunction to be issued by a court of competent jurisdiction, to restrain any actual breach, or threatened breach, of such provisions, and Executive hereby waives any right to assert any claim or defense that the Company has an adequate remedy at law for any such breach.

Appears in 1 contract

Samples: Employment Agreement (Commonwealth Edison Co)

Right to Injunction; Survival of Undertakings. (a) In recognition of the necessity of the limited restrictions imposed by Sections 8.1 and 8.2, the parties agree that it would be impossible to measure solely in money the damages that any of the Company would suffer if Executive were to breach any of his obligations under such Sections. Executive acknowledges that any breach of any provision of such Sections would irreparably injure the Company. Accordingly, Executive agrees that the Company shall be entitled, in addition to any other remedies to which the Company may be entitled under this Agreement or otherwise, to an injunction to be issued by a court of competent jurisdiction, to restrain any actual breach, or threatened breach, of such provisions, and Executive hereby waives any right to assert any defense that any of the Company has an to adequate remedy at law for any such breach.

Appears in 1 contract

Samples: Employment Agreement (Financial Industries Corp)

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Right to Injunction; Survival of Undertakings. (a) In recognition of the confidential nature of the Confidential Information, and in recognition of the necessity of the limited restrictions imposed by Sections 8.1 8.1, 8.2 and 8.28.3, the parties agree that it would be impossible to measure solely in money the damages that which the Company would suffer if Executive were to breach any of his obligations under such Sections. Executive acknowledges that any breach of any provision of this such Sections would irreparably injure the Company. Accordingly, Executive agrees that if he breaches any of the provisions of such Sections, the Company shall be entitled, in addition to any other remedies to which the Company may be entitled under this Agreement or otherwise, to an injunction to be issued by a court of competent jurisdiction, to restrain any actual breach, or threatened breach, of such provisions, and Executive hereby waives any right to assert any claim or defense that the Company has an adequate remedy at law for any such breach.

Appears in 1 contract

Samples: Agreement (Commonwealth Edison Co)

Right to Injunction; Survival of Undertakings. (ai) In recognition of the confidential nature of the Confidential Information, and in recognition of the necessity of the limited restrictions imposed by Sections 8.1 and 8.2this Agreement, the parties Executive and the Company agree that it would be impossible to measure solely in money the damages that which the Company would suffer if the Executive were to breach any of his obligations under such Sectionshereunder. The Executive acknowledges that any breach of any provision of such Sections this Agreement would irreparably injure the Company. Accordingly, the Executive agrees that if he breaches any of the provisions of Section 9 of this Agreement, the Company shall be entitled, in addition to any other remedies to which the Company may be entitled under this Agreement or otherwise, to an injunction to be issued by a court of competent jurisdiction, to restrain any actual breach, or threatened breach, of such provisionsany provision of this Agreement without the necessity of posting a bond or other security therefor, and the Executive hereby waives any right to assert any claim or defense that the Company has an adequate remedy at law for any such breach.

Appears in 1 contract

Samples: Severance Agreement (WPX Energy, Inc.)

Right to Injunction; Survival of Undertakings. (ai) In recognition of the confidential nature of the Confidential Information, and in recognition of the necessity of the limited restrictions imposed by Sections 8.1 and 8.2this Agreement, the parties Executive and the Company agree that it would be impossible to measure solely in money the damages that which the Company would suffer if the Executive were to breach any of his obligations under such Sectionshereunder. The Executive acknowledges that any breach of any provision of such Sections this Agreement would irreparably injure the Company. Accordingly, the Executive agrees that if he breaches any of the provisions of Section 6 of this Agreement, the Company shall be entitled, in addition to any other remedies to which the Company may be entitled under this Agreement or otherwise, to an injunction to be issued by a court of competent jurisdiction, to restrain any actual breach, or threatened breach, of such provisionsany provision of this Agreement without the necessity of posting a bond or other security therefor, and the Executive hereby waives any right to assert any claim or defense that the Company has an adequate remedy at law for any such breach.

Appears in 1 contract

Samples: Employment Agreement (WPX Energy, Inc.)

Right to Injunction; Survival of Undertakings. (a) In recognition of the necessity of the limited restrictions imposed by Sections 8.1 7.1, 7.2, 7.3 and 8.27.4, the parties agree that it would be impossible to measure solely in money the damages that any of the Company Companies would suffer if Executive were to breach any of his obligations under such Sections. Executive acknowledges that any breach of any provision of such Sections would irreparably injure the CompanyCompanies. Accordingly, Executive agrees that any of the Company Companies shall be entitled, in addition to any other remedies to which the such Company may be entitled under this Agreement or otherwise, to an injunction to be issued by a court of competent jurisdiction, to restrain any actual breach, or threatened breach, of such provisions, and Executive hereby waives any right to assert any defense that any of the Company Companies has an to adequate remedy at law for any such breach.

Appears in 1 contract

Samples: Employment Agreement (Principal Financial Group Inc)

Right to Injunction; Survival of Undertakings. (af) In recognition of the confidential nature of the Confidential Information, and in recognition of the necessity of the limited restrictions imposed by Sections 8.1 and 8.1, 8.2, 8.3 and 8.4 the parties agree that it would be impossible to measure solely in money the damages that which any of the Company Companies would suffer if Executive were to breach any of his obligations under such Sections. Executive acknowledges that any breach of any provision of such Sections would irreparably injure the CompanyCompanies. Accordingly, Executive agrees that if he breaches any of the Company provisions of such Sections, each of the Companies shall be entitled, in addition to any other remedies to which the such Company may be entitled under this Agreement or otherwise, to an injunction to be issued by a court of competent jurisdiction, to restrain any actual breach, or threatened breach, of such provisions, and Executive hereby waives any right to assert any claim or defense that the such Company has an adequate remedy at law for any such breach.

Appears in 1 contract

Samples: Waiver and Release (Principal Financial Group Inc)

Right to Injunction; Survival of Undertakings. (a) In recognition of the confidential nature of the Confidential Information, and in recognition of the necessity of the limited restrictions imposed by Sections 8.1 4, 5 and 8.26, the parties agree that it would be impossible to measure solely in money the damages that which the Company would suffer if Executive were to breach any of his obligations under such Sections. Executive acknowledges that any breach of any provision of such Sections would irreparably injure the Company. Accordingly, Executive agrees that if he breaches any of the provisions of such Sections, the Company shall be entitled, in addition addi- tion to any other remedies to which the Company may be entitled under this Agreement or otherwise, to an injunction to be issued by a court of competent jurisdiction, to restrain any actual breach, or threatened breach, of such provisions, and Executive hereby waives any right to assert any claim or defense that the Company has an adequate remedy at law for any such breach.

Appears in 1 contract

Samples: Employment Agreement (McDonalds Corp)

Right to Injunction; Survival of Undertakings. (a1) In recognition of the confidential nature of the Confidential Information, and in recognition of the necessity of the limited restrictions imposed by Sections 8.1 9.1, 9.2 and 8.29.3, the parties agree that it would be impossible to measure solely in money the damages that which the Company would suffer if Executive were to breach any of his obligations under such Sections. Executive acknowledges that any breach of any provision of this such Sections would irreparably injure the Company. Accordingly, Executive agrees that if he breaches any of the provisions of such Sections, the Company shall be entitled, in addition to any other remedies to which the Company may be entitled under this Agreement or otherwise, to an injunction to be issued by a court of competent jurisdiction, to restrain any actual breach, or threatened breach, of such provisions, and Executive hereby waives any right to assert any claim or defense that the Company has an adequate remedy at law for any such breach.

Appears in 1 contract

Samples: Employment Agreement (Exelon Corp)

Right to Injunction; Survival of Undertakings. (a) In recognition of the confidential nature of the Confidential Information, and in recognition of the necessity of the limited restrictions imposed by Sections 8.1 and 8.2Section 8.1, the parties agree that it would be impossible to measure solely in money the damages that which the Company would suffer if Executive were to breach any of his obligations under such SectionsSection. Executive acknowledges that any breach of any provision of such Sections Section would irreparably injure the Company. Accordingly, Executive agrees that if he breaches any of the provisions of such Section, the Company shall be entitled, in addition to any other remedies to which the Company may be entitled under this Agreement or otherwise, to an injunction to be issued by a court of competent jurisdiction, to restrain any actual breach, or threatened breach, of such provisions, and Executive hereby waives any right to assert any claim or defense that the Company has an adequate remedy at law for any such breach.

Appears in 1 contract

Samples: Employment Agreement (McDonalds Corp)

Right to Injunction; Survival of Undertakings. (a) In recognition of the confidential nature of the Confidential Information, and in recognition of the necessity of the limited restrictions imposed by Sections 8.1 9.1, 9.2, 9.3 and 8.2, 9.4 the parties agree that it would be impossible to measure solely in money the damages that which any of the Company Companies would suffer if Executive were to breach any of his obligations under such Sections. Executive acknowledges that any breach of any provision of such Sections would irreparably injure the CompanyCompanies. Accordingly, Executive agrees that if he breaches any of the Company provisions of such Sections, each of the Companies shall be entitled, in addition to any other remedies to which the such Company may be entitled under this Agreement or otherwise, to an injunction to be issued by a court of competent jurisdiction, to restrain any actual breach, or threatened breach, of such provisions, and Executive hereby waives any right to assert any claim or defense that the such Company has an adequate remedy at law for any such breach.

Appears in 1 contract

Samples: Control Employment Agreement (Principal Financial Group Inc)

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