Common use of Right to Injunctive and Equitable Relief Clause in Contracts

Right to Injunctive and Equitable Relief. Executive acknowledges that the Company’s remedy at law for any breach of Executive’s obligations under this Article III would be inadequate and specifically agrees that the Company may be entitled to injunctive relief against him, in addition to any other remedies available at law or in equity, including compensatory damages incurred by the Company as a result of such violation and including costs, expenses and reasonable attorneys’ fees and the right to set off in enforcing any of its rights under this Article III. Should any party hereto resort to legal proceedings in connection with the enforcement of the terms of this Article III, the party prevailing in such legal proceedings pursuant to an adjudication by the court shall be entitled, in addition to such other relief as may be granted, to recover its/his or their reasonable costs and expenses (including reasonable fees of attorneys, accountants and others) incurred in connection with the defense or prosecution, as the case may be, of such legal proceedings from the non-prevailing party. Furthermore, the obligations of 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 misappropriation or theft of trade secrets or confidential information.