Specific Remedy. Employee acknowledges and agrees that if Employee commits a material breach of the Covenant of Confidentiality (Paragraph 15), Covenant of Non-solicitation (Paragraph 16), Covenant of Non-Disparagement and Cooperation (Paragraph 17) or Covenant Against Competition (Paragraph 18), the Company shall have the right to have the obligations of Employee specifically enforced by any court having appropriate jurisdiction on the grounds that any such breach will cause irreparable injury to the Company, and that money damages will not provide an adequate remedy to the Company. Employee further acknowledges and agrees that the obligations contained in Paragraphs 15, 16, 17 and 18 of this Agreement and Release are fair, do not unreasonably restrict Employee's future employment and business opportunities, and are commensurate with the compensation arrangements set out in this Agreement and Release.
Appears in 3 contracts
Samples: Employment Agreement (Norrell Corp), Agreement and Release (Ryder System Inc), Agreement and Release (Ryder System Inc)
Specific Remedy. Employee acknowledges and agrees that if Employee --------------- commits a material breach of the Covenant of Confidentiality (Paragraph 15), Covenant of Non-solicitation Solicitation (Paragraph 16), Covenant of Non-Disparagement and Cooperation (Paragraph 17) or Covenant Against Competition (Paragraph 18), the Company shall have the right to have the obligations of Employee specifically enforced by any court having appropriate jurisdiction on the grounds that any such breach will cause an irreparable injury to the Company, and that money damages will not provide an adequate remedy to the Company. Employee further acknowledges and agrees that the obligations contained in Paragraphs 15, 16, 17 and 18 of this Severance Agreement and Release are fair, do not unreasonably restrict Employee's future employment and business opportunitiesopportunities , and are commensurate with the compensation arrangements set out in this Severance Agreement and Release.
Appears in 1 contract
Samples: Severance Agreement (Ryder TRS Inc)
Specific Remedy. Employee acknowledges and agrees that if Employee commits a material breach of the Covenant of Confidentiality (Paragraph 1516), Covenant of Non-solicitation Solicitation (Paragraph 1617), Covenant of Non-Disparagement and Cooperation (Paragraph 1718) or Covenant Against Competition (Paragraph 1819), the Company shall have the right to have the obligations of Employee specifically enforced by any court having appropriate jurisdiction on the grounds that any such breach will cause irreparable injury to the Company, and that money damages will not provide an adequate remedy to the Company. Employee further acknowledges and agrees that the obligations contained in Paragraphs 15, 16, 17 17, 18, and 18 19 of this Severance Agreement and Release are fair, do not unreasonably restrict Employee's future employment and business opportunities, and are commensurate with the compensation arrangements set out in this Severance Agreement and Release.
Appears in 1 contract