Right to Injunctive and Equitable Relief. Executive's obligations under Article III are of a special and unique character, which gives them a peculiar value. The Company cannot be reasonably or adequately compensated for damages in an action at law in the event Executive breaches such obligations. Therefore, Executive expressly agrees that the Company shall be entitled to injunctive and other equitable relief without bond or other security in the event of such breach in addition to any other rights or remedies which the Company may possess or be entitled to pursue. Furthermore, the obligations of Executive and the rights and remedies of the Company under Article III are cumulative and in addition to, and not in lieu of, any obligations, rights, or remedies created by applicable law.
Appears in 6 contracts
Samples: Employment Agreement (Emcore Corp), Employment Agreement (Emcore Corp), Employment Agreement (Emcore Corp)
Right to Injunctive and Equitable Relief. Executive's obligations under Article III are of a special and unique character, character which gives them a peculiar value. The Company cannot be reasonably or adequately compensated for damages in an action at law in the event Executive breaches such obligations. Therefore, Executive expressly agrees that the Company shall be entitled to injunctive and other equitable relief without bond or other security in the event of such breach in addition to any other rights or remedies which the Company may possess or be entitled to pursue. Furthermore, the obligations of Executive and the rights and remedies of the Company under Article III are cumulative and in addition to, and not in lieu of, any obligations, rights, or remedies created by applicable law.
Appears in 5 contracts
Samples: Employment Agreement (Tickets Com Inc), Employment Agreement (Tickets Com Inc), Employment Agreement (Tickets Com Inc)
Right to Injunctive and Equitable Relief. Executive's ’s obligations under Article III are of a special and unique character, which gives them a peculiar value. The Company cannot be reasonably or adequately compensated for damages in an action at law in the event Executive breaches such obligations. Therefore, Executive expressly agrees that the Company shall be entitled to injunctive and other equitable relief without bond or other security in the event of such breach in addition to any other rights or remedies which the Company may possess or be entitled to pursue. Furthermore, the obligations of Executive and the rights and remedies of the Company under Article III are cumulative and in addition to, and not in lieu of, any obligations, rights, or remedies created by applicable law.
Appears in 3 contracts
Samples: Employment Agreement (Emcore Corp), Employment Agreement (Emcore Corp), Employment Agreement (Emcore Corp)