Common use of Specific Performance; Damages Clause in Contracts

Specific Performance; Damages. (a) Participant hereby acknowledges and agrees that in the event of any breach of Section 7 of this Agreement, the Company would be irreparably harmed and could not be made whole by monetary damages. Participant accordingly agrees to waive the defense in any action for injunctive relief or specific performance that a remedy at law would be adequate and that the Company, in addition to any other remedy to which it may be entitled at law or in equity, shall be entitled to an injunction or to compel specific performance of Section 7 of this Agreement.

Appears in 5 contracts

Samples: Non Qualified Stock Option Agreement (Hanover Insurance Group, Inc.), Non Qualified Stock Option Agreement (Hanover Insurance Group, Inc.), Non Qualified Stock Option Agreement (Hanover Insurance Group, Inc.)

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Specific Performance; Damages. (a) The Participant hereby acknowledges and agrees that in the event of any breach of Section 7 of this Agreement, the Company would be irreparably harmed and could not be made whole by monetary damages. The Participant accordingly agrees to waive the defense in any action for injunctive relief or specific performance that a remedy at law would be adequate and that the Company, in addition to any other remedy to which it may be entitled at law or in equity, shall be entitled to an injunction or to compel specific performance of Section 7 of this Agreement7.

Appears in 4 contracts

Samples: Non Qualified Stock Option Agreement, Non Qualified Stock Option Agreement (Hanover Insurance Group, Inc.), Non Qualified Stock Option Agreement (Hanover Insurance Group, Inc.)

Specific Performance; Damages. (a) Participant hereby acknowledges and agrees that in the event of any breach of Section 7 of this Agreement, the Company would be irreparably harmed and could not be made whole by monetary damages. Participant accordingly agrees to waive the defense in any action for injunctive relief or specific performance that a remedy at law would be adequate and that the Company, in addition to any other remedy to which it may be entitled at law or in equity, shall be entitled to an injunction or to compel specific performance of Section 7 of this Agreement7.

Appears in 2 contracts

Samples: Non Qualified Stock Option Agreement (Hanover Insurance Group, Inc.), Non Qualified Stock Option Agreement (Hanover Insurance Group, Inc.)

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Specific Performance; Damages. (a) Participant a)Participant hereby acknowledges and agrees that in the event of any breach of Section 7 of this Agreement, the Company would be irreparably harmed and could not be made whole by monetary damages. Participant accordingly agrees to waive the defense in any action for injunctive relief or specific performance that a remedy at law would be adequate and that the Company, in addition to any other remedy to which it may be entitled at law or in equity, shall be entitled to an injunction or to compel specific performance of Section 7 of this Agreement.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Hanover Insurance Group, Inc.)

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