Rights and Remedies Upon Breach. (a) The parties hereto acknowledge and agree that any breach of any of the provisions of Section 6 or any subparts thereof (individually or collectively, the “Restrictive Covenants”) may result in irreparable injury and damage for which money damages would not provide an adequate remedy. Therefore, if the either party breaches, or threatens to commit a breach of, any of the provisions of Section 6 or any subpart thereof, the other party and its affiliates, in addition to, and not in lieu of, any other rights and remedies available to the other party and its affiliates under law or in equity (including, without limitation, the recovery of damages), shall have the right and remedy to seek to have the Restrictive Covenants or other obligations herein specifically enforced (without posting bond and without the need to prove damages) by any court having equity jurisdiction, including, without limitation, the right to an entry of restraining orders and injunctions (preliminary, mandatory, temporary and permanent) against violations, threatened or actual, and whether or not then continuing, of such covenants. (b) The Executive agrees that the provisions of Section 6 of this Agreement and each subsection thereof are reasonably necessary for the protection of the Company’s legitimate business interests and if enforced, will not prevent the Executive from obtaining gainful employment should his employment with the Company end. The Executive agrees that in any action seeking specific performance or other equitable relief, the Executive will not assert or contend that any of the provisions of this Section 6 are unreasonable or otherwise unenforceable as drafted. The existence of any claim or cause of action by the Executive, whether predicated on this Agreement or otherwise, shall not constitute a defense to the enforcement of the Restrictive Covenants.
Appears in 14 contracts
Samples: Employment Agreement (Global Self Storage, Inc.), Employment Agreement (Global Self Storage, Inc.), Employment Agreement (National Storage Affiliates Trust)
Rights and Remedies Upon Breach. (a) The parties hereto acknowledge and agree that any breach of any of the provisions of Section 6 6.1 or any subparts thereof (individually or collectively, the “Restrictive Covenants”) may result in irreparable injury and damage for which money damages would not provide an adequate remedy. Therefore, if the either party breaches, or threatens to commit a breach of, any of the provisions of Section 6 6.1 or any subpart thereof, the other party and its affiliates, in addition to, and not in lieu of, any other rights and remedies available to the other party and its affiliates under law or in equity (including, without limitation, the recovery of damages), shall have the right and remedy to seek to have the Restrictive Covenants or other obligations herein specifically enforced (without posting bond and without the need to prove damages) by any court having equity jurisdiction, including, without limitation, the right to seek an entry of restraining orders and injunctions (preliminary, mandatory, temporary and permanent) against violations, threatened or actual, and whether or not then continuing, of such covenants.
(b) The Executive agrees that the provisions of Section 6 6.1 of this Agreement and each subsection thereof are reasonably necessary for the protection of the Company’s legitimate business interests and if enforced, will not prevent the Executive from obtaining gainful employment should his the Executive’s employment with the Company end. The Executive agrees that in any action seeking specific performance or other equitable relief, the Executive will not assert or contend that any of the provisions of this Section 6 are unreasonable or otherwise unenforceable as drafted. The existence of any claim or cause of action by the Executive, whether predicated on this Agreement or otherwise, shall not constitute a defense to the enforcement of the Restrictive Covenants.
Appears in 9 contracts
Samples: Employment Agreement (Hannon Armstrong Sustainable Infrastructure Capital, Inc.), Employment Agreement (Hannon Armstrong Sustainable Infrastructure Capital, Inc.), Employment Agreement (Hannon Armstrong Sustainable Infrastructure Capital, Inc.)
Rights and Remedies Upon Breach. (a) The parties hereto acknowledge and agree that any breach of any of the provisions of Section 6 or any subparts thereof (individually or collectively, the “"Restrictive Covenants”") may result in irreparable injury and damage for which money damages would not provide an adequate remedy. Therefore, if the either party breaches, or threatens to commit a breach of, any of the provisions of Section 6 or any subpart thereof, the other party and its affiliates, in addition to, and not in lieu of, any other rights and remedies available to the other party and its affiliates under law or in equity (including, without limitation, the recovery of damages), shall have the right and remedy to seek to have the Restrictive Covenants or other obligations herein specifically enforced (without posting bond and without the need to prove damages) by any court having equity jurisdiction, including, without limitation, the right to an entry of restraining orders and injunctions (preliminary, mandatory, temporary and permanent) against violations, threatened or actual, and whether or not then continuing, of such covenants.
(b) The Executive agrees that the provisions of Section 6 of this Agreement and each subsection thereof are reasonably necessary for the protection of the Company’s legitimate business interests and if enforced, will not prevent the Executive from obtaining gainful employment should his employment with the Company end. The Executive agrees that in any action seeking specific performance or other equitable relief, the Executive will not assert or contend that any of the provisions of this Section 6 are unreasonable or otherwise unenforceable as drafted. The existence of any claim or cause of action by the Executive, whether predicated on this Agreement or otherwise, shall not constitute a defense to the enforcement of the Restrictive Covenants.
Appears in 7 contracts
Samples: Employment Agreement (National Storage Affiliates Trust), Employment Agreement (National Storage Affiliates Trust), Employment Agreement (National Storage Affiliates Trust)
Rights and Remedies Upon Breach. (a) The parties hereto acknowledge and agree that any breach of any of the provisions of Section 6 or any subparts thereof (individually or collectively, the “"Restrictive Covenants”") may result in irreparable injury and damage for which money damages would not provide an adequate remedy. .
(b) Therefore, if the either party breaches, or threatens to commit a breach of, any of the provisions of Section 6 or any subpart thereof, the other party and its affiliates, in addition to, and not in lieu of, any other rights and remedies available to the other party and its affiliates under law or in equity (including, without limitation, the recovery of damages), shall have the right and remedy to seek to have the Restrictive Covenants or other obligations herein specifically enforced (without posting bond and without the need to prove damages) by any court having equity jurisdiction, including, without limitation, the right to an entry of restraining orders and injunctions (preliminary, mandatory, temporary and permanent) against violations, threatened or actual, and whether or not then continuing, of such covenants.
(bc) The Executive agrees that that:
(i) the provisions of Section 6 of this Agreement and each subsection thereof are reasonably necessary for the protection of the Company’s 's legitimate business interests and if enforced, will not prevent the Executive from obtaining gainful employment should his the Executive's employment with the Company end. The Executive agrees that ; and
(ii) in any action seeking specific performance or other equitable relief, the Executive will not assert or contend that any of the provisions of this Section 6 are unreasonable or otherwise unenforceable as drafted. The existence of any claim or cause of action by the Executive, whether predicated on this Agreement or otherwise, shall not constitute a defense to the enforcement of the Restrictive Covenants.
Appears in 6 contracts
Samples: Employment Agreement (National Storage Affiliates Trust), Employment Agreement (National Storage Affiliates Trust), Employment Agreement (National Storage Affiliates Trust)
Rights and Remedies Upon Breach. (a) The parties hereto acknowledge Executive acknowledges and agree agrees that any breach by him of any of the provisions of Section 6 6.1 or any subparts thereof (individually or collectively, collectively the “Restrictive Covenants”) may would result in irreparable injury and damage for which money damages would not provide an adequate remedy. Therefore, if the either party Executive breaches, or threatens to commit a breach of, any of the provisions of Section 6 6.1 or any subpart thereof, the other party Company and its affiliates, in addition to, and not in lieu of, any other rights and remedies available to the other party Company and its affiliates under law or in equity (including, without limitation, the recovery of damages), shall have the right and remedy to seek to have the Restrictive Covenants or other obligations herein specifically enforced (without posting bond and without the need to prove damages) by any court having equity jurisdiction, including, without limitation, the right to an entry against the Executive of restraining orders and injunctions (preliminary, mandatory, temporary and permanent) against violations, threatened or actual, and whether or not then continuing, of such covenants.
(b) The Executive agrees that the provisions of Section 6 6.1 of this Agreement and each subsection thereof are reasonably necessary for the protection of the Company’s legitimate business interests and if enforced, will not prevent the Executive from obtaining gainful employment should his employment with the Company end. The Executive agrees that in any action seeking specific performance or other equitable relief, the Executive he will not assert or contend that any of the provisions of this Section 6 are unreasonable or otherwise unenforceable as drafted. The existence of any claim or cause of action by the Executive, whether predicated on this Agreement or otherwise, shall not constitute a defense to the enforcement of the Restrictive Covenants.
Appears in 4 contracts
Samples: Employment Agreement (Retail Opportunity Investments Partnership, LP), Employment Agreement (Retail Opportunity Investments Partnership, LP), Employment Agreement (Retail Opportunity Investments Partnership, LP)
Rights and Remedies Upon Breach. (ai) The parties hereto acknowledge and agree that any breach of any of the provisions of Section 6 9 or any subparts thereof (individually or collectively, the “"Restrictive Covenants”") may result in irreparable injury and damage for which money damages would not provide an adequate remedy. Therefore, if the either party breaches, or threatens to commit a breach of, any of the provisions of Section 6 9 or any subpart thereof, the other party and its affiliates, in addition to, and not in lieu of, any other rights and remedies available to the other party and its affiliates under law or in equity (including, without limitation, the recovery of damages), shall have the right and remedy to seek to have the Restrictive Covenants or other obligations herein specifically enforced (without posting bond and without the need to prove damages) by any court having equity jurisdiction, including, without limitation, the right to seek an entry of restraining orders and injunctions (preliminary, mandatory, temporary and permanent) against violations, threatened or actual, and whether or not then continuing, of such covenants.
(bii) The Executive Employee agrees that the provisions of Section 6 9 of this Agreement and each subsection thereof are reasonably necessary for the protection of the Company’s legitimate business interests and if enforced, will not prevent the Executive Employee from obtaining gainful employment should his the Employee’s employment with the Company end. The Executive Employee agrees that in any action seeking specific performance or other equitable relief, the Executive Employee will not assert or contend that any of the provisions of this Section 6 9 are unreasonable or otherwise unenforceable as drafted. The existence of any claim or cause of action by the ExecutiveEmployee, whether predicated on this Agreement or otherwise, shall not constitute a defense to the enforcement of the Restrictive Covenants.
Appears in 3 contracts
Samples: Employment Agreement (Hannon Armstrong Sustainable Infrastructure Capital, Inc.), Employment Agreement (Hannon Armstrong Sustainable Infrastructure Capital, Inc.), Employment Agreement (Hannon Armstrong Sustainable Infrastructure Capital, Inc.)
Rights and Remedies Upon Breach. (a) The parties hereto acknowledge Executive acknowledges and agree agrees that any breach by him of any of the provisions of Section 6 or any subparts thereof 6.1 (individually or collectively, the “Restrictive Covenants”) may would result in irreparable injury and damage for which money damages would not provide an adequate remedy. Therefore, if the either party Executive breaches, or threatens to commit a breach of, any of the provisions of Section 6 or any subpart thereof6.1, the other party Company and its affiliatesaffiliates shall have the following rights and remedies, each of which rights and remedies shall be independent of the other and severally enforceable, and all of which rights and remedies shall be in addition to, and not in lieu of, any other rights and remedies available to the Company and its affiliates under law or in equity (including, without limitation, the recovery of damages):
(i) in addition to, and not in lieu of, any other party rights and remedies available to the Company and its affiliates under law or in equity (including, without limitation, the recovery of damages), shall have the right and remedy to seek to have the Restrictive Covenants or other obligations herein specifically enforced (without posting bond and without the need to prove damages) by any court having equity jurisdiction, including, without limitation, the right to an entry against the Executive of restraining orders and injunctions (preliminary, mandatory, temporary and permanent) against violations, threatened or actual, and whether or not then continuing, of such covenants; and
(ii) the right and remedy to require the Executive to account for and pay over to the Company and its affiliates all compensation, profits, monies, accruals, increments or other benefits (collectively, “Benefits”) derived or received by him as the result of any transactions constituting a breach of the Restrictive Covenants, and the Executive shall account for and pay over such Benefits to the Company and, if applicable, its affected affiliates.
(b) The Executive agrees that the provisions of Section 6 of this Agreement and each subsection thereof are reasonably necessary for the protection of the Company’s legitimate business interests and if enforcedthat, will not prevent the Executive from obtaining gainful employment should his employment with the Company end. The Executive agrees that in any action seeking specific performance or other equitable relief, the Executive he will not assert or contend that any of the provisions of this Section 6 are unreasonable or otherwise unenforceable as drafted. The existence of any claim or cause of action by the Executive, whether predicated on this Agreement or otherwise, shall not constitute a defense to the enforcement of the Restrictive Covenantsunenforceable.
Appears in 3 contracts
Samples: Employment Agreement (K2m Group Holdings, Inc.), Employment Agreement (K2m Group Holdings, Inc.), Employment Agreement (K2m Group Holdings, Inc.)
Rights and Remedies Upon Breach. (a) The parties hereto acknowledge Executive acknowledges and agree agrees that any breach by him of any of the provisions of Section 6 6.1 or any subparts thereof (individually or collectively, collectively the “Restrictive Covenants”) may would result in irreparable injury and damage for which money damages would not provide an adequate remedy. Therefore, if the either party Executive breaches, or threatens to commit a breach of, any of the provisions of Section 6 6.1 or any subpart thereof, the other party Company and its affiliates, in addition to, and not in lieu of, any other rights and remedies available to the other party Company and its affiliates under law or in equity (including, without limitation, the recovery of damages), shall have the right and remedy to seek to have the Restrictive Covenants or other obligations herein specifically enforced (without posting bond and without the need to prove damages) by any court having equity jurisdiction, including, without limitation, the right to an entry against the Executive of restraining orders and injunctions (preliminary, mandatory, temporary and permanent) against violations, threatened or actual, and whether or not then continuing, of such covenants.
(b) The Executive agrees that the provisions of Section 6 6.1 of this Agreement and each subsection thereof are reasonably necessary for the protection of the Company’s legitimate business interests and if enforced, will not prevent the Executive from obtaining gainful employment should his employment with the Company end. The Executive agrees that in any action seeking specific performance or other equitable relief, the Executive he will not assert or contend that any of the provisions of this Section 6 are unreasonable or otherwise unenforceable as drafted. The existence of any claim or cause of action by the Executive, whether predicated on this Agreement or otherwise, shall not constitute a defense to the enforcement of the Restrictive Covenants.
Appears in 3 contracts
Samples: Employment Agreement (Retail Opportunity Investments Corp), Employment Agreement (Retail Opportunity Investments Corp), Employment Agreement (Retail Opportunity Investments Corp)
Rights and Remedies Upon Breach. (a) i. The parties hereto acknowledge and agree that any breach of any of the provisions of Section 6 9 or any subparts thereof (individually or collectively, the “"Restrictive Covenants”") may result in irreparable injury and damage for which money damages would not provide an adequate remedy. Therefore, if the either party breaches, or threatens to commit a breach of, any of the provisions of Section 6 9 or any subpart thereof, the other party and its affiliates, in addition to, and not in lieu of, any other rights and remedies available to the other party and its affiliates under law or in equity (including, without limitation, the recovery of damages), shall have the right and remedy to seek to have the Restrictive Covenants or other obligations herein specifically enforced (without posting bond and without the need to prove damages) by any court having equity jurisdiction, including, without limitation, the right to seek an entry of restraining orders and injunctions (preliminary, mandatory, temporary and permanent) against violations, threatened or actual, and whether or not then continuing, of such covenants.
(b) ii. The Executive Employee agrees that the provisions of Section 6 9 of this Agreement and each subsection thereof are reasonably necessary for the protection of the Company’s 's legitimate business interests and if enforced, will not prevent the Executive Employee from obtaining gainful employment should his the Employee's employment with the Company end. The Executive Employee agrees that in any action seeking specific performance or other equitable relief, the Executive Employee will not assert or contend that any of the provisions of this Section 6 9 are unreasonable or otherwise unenforceable as drafted. The existence of any claim or cause of action by the ExecutiveEmployee, whether predicated on this Agreement or otherwise, shall not constitute a defense to the enforcement of the Restrictive Covenants.
Appears in 2 contracts
Samples: Employment Agreement (HA Sustainable Infrastructure Capital, Inc.), Employment Agreement (HA Sustainable Infrastructure Capital, Inc.)
Rights and Remedies Upon Breach. (a) The parties hereto acknowledge and agree that any breach of any of the provisions of Section 6 6.1 or any subparts thereof (individually or collectively, the “Restrictive Covenants”) may result in irreparable injury and damage for which money damages would not provide an adequate remedy. Therefore, if the either party breaches, or threatens to commit a breach of, any of the provisions of Section 6 6.1 or any subpart thereof, the other party and its affiliates, in addition to, and not in lieu of, any other rights and remedies available to the other party and its affiliates under law or in equity (including, without limitation, the recovery of damages), shall have the right and remedy to seek to have the Restrictive Covenants or other obligations herein specifically enforced (without posting bond and without the need to prove damages) by any court having equity jurisdiction, including, without limitation, the right to an entry of restraining orders and injunctions (preliminary, mandatory, temporary and permanent) against violations, threatened or actual, and whether or not then continuing, of such covenants.
(b) The Executive agrees that the provisions of Section 6 6.1 of this Agreement and each subsection thereof are reasonably necessary for the protection of the Company’s legitimate business interests and if enforced, will not prevent the Executive from obtaining gainful employment should his employment with the Company end. The Executive agrees that in any action seeking specific performance or other equitable relief, the Executive will not assert or contend that any of the provisions of this Section 6 are unreasonable or otherwise unenforceable as drafted. The existence of any claim or cause of action by the Executive, whether predicated on this Agreement or otherwise, shall not constitute a defense to the enforcement of the Restrictive Covenants.
Appears in 2 contracts
Samples: Employment Agreement (Hannon Armstrong Sustainable Infrastructure Capital, Inc.), Employment Agreement (Hannon Armstrong Sustainable Infrastructure Capital, Inc.)
Rights and Remedies Upon Breach. (a) The parties hereto acknowledge and agree that any breach of any of the provisions of Section 6 or any subparts thereof (individually or collectively, the “Restrictive Covenants”) may result in irreparable injury and damage for which money damages would not provide an adequate remedy. Therefore, if the either party breaches, or threatens to commit a breach of, any of the provisions of Section 6 or any subpart thereof, the other party and its affiliates, in addition to, and not in lieu of, any other rights and remedies available to the other party and its affiliates under law or in equity (including, without limitation, the recovery of damages), shall have the right and remedy to seek to have the Restrictive Covenants or other obligations herein specifically enforced (without posting bond and without the need to prove damages) by any court having equity jurisdiction, including, without limitation, the right to an entry of restraining orders and injunctions (preliminary, mandatory, temporary and permanent) against violations, threatened or actual, and whether or not then continuing, of such covenants.
(b) The Executive agrees that the provisions of Section 6 of this Agreement and each subsection thereof are reasonably necessary for the protection of the Company’s legitimate business interests and if enforced, will not prevent the Executive from obtaining gainful employment should his employment with the Company end. The Executive agrees that in any action seeking specific performance or other equitable relief, the Executive will not assert or contend that any of the provisions of this Section 6 are unreasonable or otherwise unenforceable as drafted. The existence of any claim or cause of action by the Executive, whether predicated on this Agreement or otherwise, shall not constitute a defense to the enforcement of the Restrictive Covenants.
Appears in 2 contracts
Samples: Employment Agreement (Reverse Mortgage Investment Trust Inc.), Employment Agreement (Reverse Mortgage Investment Trust Inc.)
Rights and Remedies Upon Breach. (a) The parties hereto acknowledge and agree that any breach of any of the provisions of Section 6 or any subparts thereof (individually or collectively, the “"Restrictive Covenants”") may result in irreparable injury and damage for which money damages would not provide an adequate remedy. Therefore, if the either party breaches, or threatens to commit a breach of, any of the provisions of Section 6 or any subpart thereof, the other party and its affiliates, in addition to, and not in lieu of, any other rights and remedies available to the other party and its affiliates under law or in equity (including, without limitation, the recovery of damages), shall have the right and remedy to seek to have the Restrictive Covenants or other obligations herein specifically enforced (without posting bond and without the need to prove damages) by any court having equity jurisdiction, including, without limitation, the right to an entry of restraining orders and injunctions (preliminary, mandatory, temporary and permanent) against violations, threatened or actual, and whether or not then continuing, of such covenants.
(b) The Executive agrees that the provisions of Section 6 of this Agreement and each subsection thereof are reasonably necessary for the protection of the Company’s legitimate business interests and if enforced, will not prevent the Executive from obtaining gainful employment should his her employment with the Company end. The Executive agrees that in any action seeking specific performance or other equitable relief, the Executive will not assert or contend that any of the provisions of this Section 6 are unreasonable or otherwise unenforceable as drafted. The existence of any claim or cause of action by the Executive, whether predicated on this Agreement or otherwise, shall not constitute a defense to the enforcement of the Restrictive Covenants.
Appears in 2 contracts
Samples: Employment Agreement (National Storage Affiliates Trust), Employment Agreement (National Storage Affiliates Trust)
Rights and Remedies Upon Breach. (a) The parties hereto acknowledge and agree that any breach of any of the provisions of Section 6 6.1 or any subparts thereof (individually or collectively, the “"Restrictive Covenants”") may result in irreparable injury and damage for which money damages would not provide an adequate remedy. Therefore, if the either party breaches, or threatens to commit a breach of, any of the provisions of Section 6 6.1 or any subpart thereof, the other party and its affiliates, in addition to, and not in lieu of, any other rights and remedies available to the other party and its affiliates under law or in equity (including, without limitation, the recovery of damages), shall have the right and remedy to seek to have the Restrictive Covenants or other obligations herein specifically enforced (without posting bond and without the need to prove damages) by any court having equity jurisdiction, including, without limitation, the right to an entry of restraining orders and injunctions (preliminary, mandatory, temporary and permanent) against violations, threatened or actual, and whether or not then continuing, of such covenants.
(b) The Executive agrees that the provisions of Section 6 6.1 of this Agreement and each subsection thereof are reasonably necessary for the protection of the Company’s 's legitimate business interests and if enforced, will not prevent the Executive from obtaining gainful employment should his employment with the Company end. The Executive agrees that in any action seeking specific performance or other equitable relief, the Executive will not assert or contend that any of the provisions of this Section 6 are unreasonable or otherwise unenforceable as drafted. The existence of any claim or cause of action by the Executive, whether predicated on this Agreement or otherwise, shall not constitute a defense to the enforcement of the Restrictive Covenants.
Appears in 1 contract
Samples: Employment Agreement (Hannon Armstrong Sustainable Infrastructure Capital, Inc.)
Rights and Remedies Upon Breach. (a) The parties hereto acknowledge Executive acknowledges and agree agrees that any breach by him of any of the provisions of Section 6 or any subparts thereof 6.1 (individually or collectively, the “"Restrictive Covenants”") may would result in irreparable injury and damage harm for which money damages would not provide an adequate remedy. Therefore, if the either party Executive breaches, or threatens to commit a breach of, any of the provisions of Section 6 or any subpart thereof6.1, the other party Company and its affiliatesaffiliates shall have the following rights and remedies, each of which rights and remedies shall be independent of the others and severally enforceable, and all of which rights and remedies shall be in addition to, and not in lieu of, any other rights and remedies available to the other party Company and its affiliates under law or in equity (including, without limitation, the recovery of damages), shall have the ):
(i) The right and remedy to seek to have the Restrictive Covenants or other obligations herein specifically enforced (without posting bond and without the need to prove damages) by any court having equity jurisdiction, including, without limitation, the right to an entry against the Executive of restraining orders and injunctions (preliminary, mandatory, temporary and permanent) against violations, threatened or actual; and
(ii) The right and remedy to require the Executive to account for and pay over to the Company and its affiliates all compensation, profits, monies, accruals, increments or other benefits (collectively, "Benefits") derived or received by him as the proximate result of any actions constituting a breach of the Restrictive Covenants, and whether or not then continuing, of such covenants.
(b) The Executive agrees that the provisions of Section 6 of this Agreement and each subsection thereof are reasonably necessary for the protection of the Company’s legitimate business interests and if enforced, will not prevent the Executive from obtaining gainful employment should his employment with shall account for and pay over such Benefits to the Company endand, if applicable, its affected affiliates. The Executive agrees that in any action seeking specific performance or other equitable relief, the Executive he will not assert or contend that any of the provisions of this Section 6 are unreasonable or otherwise unenforceable as draftedunenforceable. The existence of any claim or cause of action by the Executive, whether predicated on this Agreement or otherwise, shall not constitute a defense limit the Company's right to the enforcement of enforce the Restrictive Covenants.
Appears in 1 contract
Rights and Remedies Upon Breach. (a) i. The parties hereto acknowledge and agree that any breach of any of the provisions of Section 6 9 or any subparts thereof (individually or collectively, the “"Restrictive Covenants”") may result in irreparable injury and damage for which money damages would not provide an adequate remedy. Therefore, if the either party breaches, or threatens to commit a breach of, any of the provisions of Section 6 9 or any subpart thereof, the other party and its affiliates, in addition to, and not in lieu of, any other rights and remedies available to the other party and its affiliates under law or in equity (including, without limitation, the recovery of damages), shall have the right and remedy to seek to have the Restrictive Covenants or other obligations herein specifically enforced (without posting bond and without the need to prove damages) by any court having equity jurisdiction, including, without limitation, the right to seek an entry of restraining orders and injunctions (preliminary, mandatory, temporary and permanent) against violations, threatened or actual, and whether or not then continuing, of such covenants.
(b) ii. The Executive Employee agrees that the provisions of Section 6 9 of this Agreement and each subsection thereof are reasonably necessary for the protection of the Company’s legitimate business interests and if enforced, will not prevent the Executive Employee from obtaining gainful employment should his the Employee’s employment with the Company end. The Executive Employee agrees that in any action seeking specific performance or other equitable relief, the Executive Employee will not assert or contend that any of the provisions of this Section 6 9 are unreasonable or otherwise unenforceable as drafted. The existence of any claim or cause of action by the ExecutiveEmployee, whether predicated on this Agreement or otherwise, shall not constitute a defense to the enforcement of the Restrictive Covenants.
Appears in 1 contract
Samples: Employment Agreement (Hannon Armstrong Sustainable Infrastructure Capital, Inc.)
Rights and Remedies Upon Breach. (ai) The parties hereto acknowledge and agree that any breach of any of the provisions of Section 6 9 or any subparts thereof (individually or collectively, the “"Restrictive Covenants”") may result in irreparable injury and damage for which money damages would not provide an adequate remedy. Therefore, if the either party breaches, or threatens to commit a breach of, any of the provisions of Section 6 9 or any subpart thereof, the other party and its affiliates, in addition to, and not in lieu of, any other rights and remedies available to the other party and its affiliates under law or in equity (including, without limitation, the recovery of damages), shall have the right and remedy to seek to have the Restrictive Covenants or other obligations herein specifically enforced (without posting bond and without the need to prove damages) by any court having equity jurisdiction, including, without limitation, the right to seek an entry of restraining orders and injunctions (preliminary, mandatory, temporary and permanent) against violations, threatened or actual, and whether or not then continuing, of such covenants.
(bii) The Executive Employee agrees that the provisions of Section 6 9 of this Agreement and each subsection thereof are reasonably necessary for the protection of the Company’s 's legitimate business interests and if enforced, will not prevent the Executive Employee from obtaining gainful employment should his the Employee's employment with the Company end. The Executive Employee agrees that in any action seeking specific performance or other equitable relief, the Executive Employee will not assert or contend that any of the provisions of this Section 6 9 are unreasonable or otherwise unenforceable as drafted. The existence of any claim or cause of action by the ExecutiveEmployee, whether predicated on this Agreement or otherwise, shall not constitute a defense to the enforcement of the Restrictive Covenants.
Appears in 1 contract
Samples: Employment Agreement (Hannon Armstrong Sustainable Infrastructure Capital, Inc.)
Rights and Remedies Upon Breach. (ai) The parties hereto acknowledge and agree that any breach of any of the provisions of Section 6 9 or any subparts thereof (individually or collectively, the “"Restrictive Covenants”") may result in irreparable injury and damage for which money damages would not provide an adequate remedy. Therefore, if the either party breaches, or threatens to commit a breach of, any of the provisions of Section 6 9 or any subpart thereof, the other party and its affiliates, in addition to, and not in lieu of, any other rights and remedies available to the other party and its affiliates under law or in equity (including, without limitation, the recovery of damages), shall have the right and remedy to seek to have the Restrictive Covenants or other obligations herein specifically enforced (without posting bond and without the need to prove damages) by any court having equity jurisdiction, including, without limitation, the right to seek an entry of restraining orders and injunctions (preliminary, mandatory, temporary and permanent) against violations, threatened or actual, and whether or not then continuing, of such covenants.
(bii) The Executive Employee agrees that the provisions of Section 6 9 of this Agreement and each subsection thereof are reasonably necessary for the protection of the Company’s 's legitimate business interests and if enforced, will not prevent the Executive Employee from obtaining gainful employment should his the Employee's employment with the Company end. The Executive Employee agrees that in any action seeking specific performance or other equitable relief, the Executive Employee will not assert or contend that any of the provisions of this Section 6 9 are unreasonable or otherwise unenforceable as drafted. The existence of any claim or cause of action by the Executive24005491405-v5 - 7 - 80-40750027 Employee, whether predicated on this Agreement or otherwise, shall not constitute a defense to the enforcement of the Restrictive Covenants.
Appears in 1 contract
Samples: Employment Agreement (HA Sustainable Infrastructure Capital, Inc.)
Rights and Remedies Upon Breach. (a) The parties hereto acknowledge Executive acknowledges and agree agrees that any breach by him of any of the provisions of Section 6 or any subparts thereof 6.1 (individually or collectively, the “"Restrictive Covenants”") may would result in irreparable injury and damage harm for which money damages would not provide an adequate remedy. Therefore, if the either party Executive breaches, or threatens to commit a breach of, any of the provisions of Section 6 or any subpart thereof6.1, the other party Company and its affiliatesaffiliates shall have the following rights and remedies, each of which rights and remedies shall be independent of the others and severally enforceable, and all of which rights and remedies shall be in addition to, and not in lieu of, any other rights and remedies available to the other party Company and its affiliates under law or in equity (including, without limitation, the recovery of damages), shall have the ):
(i) The right and remedy to seek to have the Restrictive Covenants or other obligations herein specifically enforced (without posting bond and without the need to prove damages) by any court having equity jurisdiction, including, without limitation, the right to an entry against the Executive of restraining orders and injunctions (preliminary, mandatory, temporary and permanent) against violations, threatened or actual; and
(ii) The right and remedy to require the Executive to account for and pay over to the Company and its affiliates all compensation, profits, monies, accruals, increments or other benefits (collectively, "Benefits") derived or received by him as the proximate result of any actions constituting a breach of the Restrictive Covenants, and whether or not then continuing, of such covenants.
(b) The Executive agrees that the provisions of Section 6 of this Agreement and each subsection thereof are reasonably necessary for the protection of the Company’s legitimate business interests and if enforced, will not prevent the Executive from obtaining gainful employment should his employment with shall account for and pay over such Benefits to the Company endand, if applicable, its affected affiliates. The Executive agrees that in any action seeking specific performance or other equitable relief, the Executive he will not assert or contend that any of the provisions of this Section 6 are unreasonable or otherwise unenforceable as draftedunenforceable. The existence of any claim or cause of action by the Executive, whether predicated on this Agreement or otherwise, shall not constitute a defense limit the Company's right to the enforcement of enforce the Restrictive Covenants.
Appears in 1 contract
Rights and Remedies Upon Breach. (a) i. The parties hereto acknowledge and agree that any breach of any of the provisions of Section 6 or any subparts thereof (individually or collectively, the “Restrictive Covenants”) may result in irreparable injury and damage for which money damages would not provide an adequate remedy. Therefore, if the either party breaches, or threatens to commit a breach of, any of the provisions of Section 6 or any subpart thereof, the other party and its affiliates, in addition to, and not in lieu of, any other rights and remedies available to the other party and its affiliates under law or in equity (including, without limitation, the recovery of damages), shall have the right and remedy to seek to have the Restrictive Covenants or other obligations herein specifically enforced (without posting bond and without the need to prove damages) by any court having equity jurisdiction, including, without limitation, the right to an entry of restraining orders and injunctions (preliminary, mandatory, temporary and permanent) against violations, threatened or actual, and whether or not then continuing, of such covenants.
(b) ii. The Executive agrees that the provisions of Section 6 of this Agreement and each subsection thereof are reasonably necessary for the protection of the Company’s legitimate business interests and if enforced, will not prevent the Executive from obtaining gainful employment should his employment with the Company end. The Executive agrees that in any action seeking specific performance or other equitable relief, the Executive will not assert or contend that any of the provisions of this Section 6 are unreasonable or otherwise unenforceable as drafted. The existence of any claim or cause of action by the Executive, whether predicated on this Agreement or otherwise, shall not constitute a defense to the enforcement of the Restrictive Covenants.
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Rights and Remedies Upon Breach. (a) The parties hereto acknowledge and agree that any breach of any of the provisions of Section 6 or any subparts thereof (individually or collectively, the “Restrictive Covenants”) may result in irreparable injury and damage for which money damages would not provide an adequate remedy. Therefore, if the either party breaches, or threatens to commit a breach of, any of the provisions of Section 6 or any subpart thereof, the other party and its affiliates, in addition to, and not in lieu of, any other rights and remedies available to the other party and its affiliates under law or in equity (including, without limitation, the recovery of damages), shall have the right and remedy to seek to have the Restrictive Covenants or other obligations herein specifically enforced (without posting bond and without the need to prove damages) by any court having equity jurisdiction, including, without limitation, the right to an entry of restraining orders and injunctions (preliminary, mandatory, temporary and permanent) against violations, threatened or actual, and whether or not then continuing, of such covenants.
(b) The Executive agrees that the provisions of Section 6 of this Agreement and each subsection thereof are reasonably necessary for the protection of the Company’s legitimate business interests and if enforced, will not prevent the Executive from obtaining gainful employment should his her employment with the Company end. The Executive agrees that in any action seeking specific performance or other equitable relief, the Executive will not assert or contend that any of the provisions of this Section 6 are unreasonable or otherwise unenforceable as drafted. The existence of any claim or cause of action by the Executive, whether predicated on this Agreement or otherwise, shall not constitute a defense to the enforcement of the Restrictive Covenants.
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Samples: Employment Agreement (National Storage Affiliates Trust)
Rights and Remedies Upon Breach. (a) The parties hereto acknowledge and agree that any breach of any of the provisions of Section 6 7.1 or any subparts thereof (individually or collectively, the “"Restrictive Covenants”") may result in irreparable injury and damage for which money damages would not provide an adequate remedy. Therefore, if the either party breaches, or threatens to commit a breach of, any of the provisions of Section 6 7.1 or any subpart thereof, the other party and its affiliates, in addition to, and not in lieu of, any other rights and remedies available to the other party and its affiliates under law or in equity (including, without limitation, the recovery of damages), shall have the right and remedy to seek to have the Restrictive Covenants or other obligations herein specifically enforced (without posting bond and without the need to prove damages) by any court having equity jurisdiction, including, without limitation, the right to an entry of restraining orders and injunctions (preliminary, mandatory, temporary and permanent) against violations, threatened or actual, and whether or not then continuing, of such covenants.
(b) The Executive agrees that the provisions of Section 6 7.1 of this Agreement and each subsection thereof are reasonably necessary for the protection of the Company’s 's legitimate business interests and if enforced, will not prevent the Executive from obtaining gainful employment should his employment with the Company end. The Executive agrees that in any action seeking specific performance or other equitable relief, the Executive will not assert or contend that any of the provisions of this Section 6 7 are unreasonable or otherwise unenforceable as drafted. The existence of any claim or cause of action by the Executive, whether predicated on this Agreement or otherwise, shall not constitute a defense to the enforcement of the Restrictive Covenants.
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Samples: Employment Agreement (Hannon Armstrong Sustainable Infrastructure Capital, Inc.)
Rights and Remedies Upon Breach. (a) The parties hereto acknowledge and agree agrees that any breach of a party’s obligations under any of the provisions of Section 6 Sections 7, 8 or any subparts thereof 9 hereof (individually or collectively, the “Restrictive Protective Covenants”) may result in irreparable injury and damage for which money damages would may not provide an adequate remedy. Therefore, notwithstanding anything herein to the contrary, including, without limitation, Section 10 hereof, if the either party breaches, or threatens to commit a breach of, any of the provisions of Section 6 or any subpart thereofthe Protective Covenants, the nonbreaching (or non-threatening) party shall have the following rights and remedies, each of which rights and remedies shall be independent of the other party and its affiliatesseverally enforceable, and all of which rights and remedies shall be in addition to, and not in lieu of, any other rights and remedies available to the other party and its affiliates such nonbreaching (non-threatening) party, under law or in equity (including, without limitation, the recovery of damages), shall have ):
(i) the right and remedy to seek to have the Restrictive Protective Covenants or other obligations herein specifically enforced (without posting bond and without the need to prove damages) by any court having equity of competent jurisdiction, including, without limitation, the right to an entry against the breaching (or threatening) party of restraining orders and injunctions (preliminary, mandatory, temporary and permanent) against violations, threatened or actual, and whether or not then continuing, of such covenants.; and
(bii) The Executive agrees that the provisions right and remedy to seek to require the breaching (or threatening) party to account for and pay over to the other party all compensation, profits, monies, accruals, increments or other benefits derived or received by such party solely as the result of Section 6 of this Agreement and each subsection thereof are reasonably necessary for the protection any transactions constituting a breach of the Company’s legitimate business interests and if enforced, will not prevent the Executive from obtaining gainful employment should his employment with the Company end. The Executive agrees that in any action seeking specific performance or other equitable relief, the Executive will not assert or contend that any of the provisions of this Section 6 are unreasonable or otherwise unenforceable as drafted. The existence of any claim or cause of action by the Executive, whether predicated on this Agreement or otherwise, shall not constitute a defense to the enforcement of the Restrictive Protective Covenants.
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