Right to Injunctive and Equitable Relief. The Executive's obligations not to disclose or use Confidential Information and to refrain from the non-solicitation and non-compete activities described in this Article III are of a special and unique character which gives them a peculiar value, and which is supported by valuable consideration. The Company cannot be reasonably or adequately compensated in damages in an action at law in the event Executive breaches such obligations. Therefore, the 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. Furthermore, the obligations of the Executive and the rights and remedies of the Company under this Article III are cumulative and in addition to, and not in lieu of, any obligations, rights, or remedies created by applicable law relating to mis-appropriation or theft or trade secrets of confidential information.
Appears in 4 contracts
Samples: Executive Employment Agreement (Arbor National Holdings Inc), Executive Employment Agreement (Arbor National Holdings Inc), Executive Employment Agreement (Arbor National Holdings Inc)
Right to Injunctive and Equitable Relief. The As a result of the Executive's position as an executive officer and principal shareholder of the Company, the Executive's obligations not to disclose or use Confidential Information and to refrain from the non-solicitation and non-compete activities described in this Article III are of a special and unique character which gives them a peculiar value, and which is supported by valuable consideration. The Company cannot be reasonably or adequately compensated in damages in an action at law in the event the Executive breaches such obligations. Therefore, the 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. Furthermore, the obligations of the Executive and the rights and remedies of the Company under this Article III are cumulative and in addition to, and not in lieu of, any obligations, rights, or remedies created by applicable law relating to mis-appropriation misappropriation or theft or of trade secrets of or confidential information.
Appears in 2 contracts
Samples: Employment Agreement (Muse Technologies Inc), Employment Agreement (Muse Technologies Inc)
Right to Injunctive and Equitable Relief. The As a result of the Executive's position as an executive officer, director and principal shareholder of the Company, the Executive's obligations not to disclose or use Confidential Information and to refrain from the non-solicitation and non-compete activities described in this Article III are of a special and unique character which gives them a peculiar value, and which is supported by valuable consideration. The Company cannot be reasonably or adequately compensated in damages in an action at law in the event the Executive breaches such obligations. Therefore, the 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. Furthermore, the obligations of the Executive and the rights and remedies of the Company under this Article III are cumulative and in addition to, and not in lieu of, any obligations, rights, or remedies created by applicable law relating to mis-appropriation misappropriation or theft or of trade secrets of or confidential information.
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Right to Injunctive and Equitable Relief. The As a result of the Executive's position as an executive officer of the Company, the Executive's obligations not to disclose or use Confidential Confidental Information and to refrain from the non-solicitation and non-compete activities described in this Article III are of a special and unique character which gives them a peculiar value, and which is supported by valuable consideration. The Company cannot be reasonably or adequately compensated in damages in an action at law in the event the Executive breaches such obligations. Therefore, the Executive expressly agrees that the Company shall be entitled to injunctive and other equitable relief without wihtout bond or other security in the event of such breach in addition to any other rights or remedies which the Company may possess. Furthermore, the obligations of the Executive and the rights and remedies of the Company under this Article III are cumulative and in addition to, and not in lieu of, any obligations, rights, or remedies created by applicable law relating to mis-appropriation misappropriation or theft or of trade secrets of or confidential information.
Appears in 1 contract
Samples: Employment Agreement (K2 Design Inc)
Right to Injunctive and Equitable Relief. The As a result of the Executive's position as an Executive, Manager, director and principal shareholder of the Company, the Executive's obligations not to disclose or use Confidential Information and to refrain from the non-solicitation and non-compete activities described in this Article III are of a special and unique character which gives them a peculiar value, value and which is supported by valuable consideration. The Company cannot be reasonably or adequately compensated in damages in an action at law in the event the Executive breaches such obligations. Therefore, the 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. Furthermore, the obligations of the Executive and the rights and remedies of the Company under this Article III are cumulative and in addition to, and not in lieu of, any obligations, rights, or remedies created by applicable law relating to mis-appropriation misappropriation or theft or of trade secrets of or confidential information.
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Right to Injunctive and Equitable Relief. The As a result of Executive's position as founder and a principal shareholder of the Company, Executive's obligations not to disclose or use Confidential Information and to refrain from the non-solicitation and non-compete activities described in this Article III are of a special and unique character which gives them a peculiar value, and which is supported by valuable consideration. The Company cannot be reasonably or adequately compensated in damages in an action at law in the event Executive breaches such obligations. Therefore, the 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. Furthermore, the obligations of the Executive and the rights and remedies of the Company under this Article III are cumulative and in addition to, and not in lieu of, any obligations, rights, or remedies created by applicable law relating to mis-appropriation misappropriation or theft or of trade secrets of or confidential information.
Appears in 1 contract
Samples: Employment Agreement (Skyline Multimedia Entertainment Inc)