Survival; Injunctive Relief. Executive agrees that Sections 10.1 to 10.4 shall survive the termination of (a) this Agreement and (b) the period of employment hereunder. Executive acknowledges that the Company has no adequate remedy at law and would be irreparably harmed if Executive breaches or threatens to breach any of the provisions of this Section 10 and, therefore, agrees that the Company shall be entitled to injunctive relief to prevent any such breach or threatened breach thereof and to specific performance of the terms of this Section 10 (in addition to any other legal or equitable remedy the Company may have). Executive further agrees that Executive shall not, in any equity proceeding relating to the enforcement of this Section 10, raise the defense that the Company has an adequate remedy at law. Nothing in this Agreement shall be construed as prohibiting the Company from pursuing any other remedies at law or in equity that it may have under and in respect of this Agreement or any other agreement.
Appears in 4 contracts
Samples: Employment Agreement (St Joe Co), Employment Agreement (St Joe Co), Employment Agreement (St Joe Co)
Survival; Injunctive Relief. Executive agrees that Sections 10.1 to 10.4 Article 4 of this Agreement shall survive the termination of (a1) this Agreement and (b2) the period of his employment hereunder. Executive acknowledges that the Company has no adequate remedy at law and would be irreparably harmed if Executive breaches or threatens to breach any of the provisions of Article 4 of this Section 10 Agreement and, therefore, agrees that the Company shall be entitled to injunctive relief to prevent any such breach or threatened breach thereof and to specific performance of the terms of this Section 10 such Article (in addition to any other legal or equitable remedy the Company may have). Executive further agrees that Executive shall not, in any equity proceeding relating to the enforcement of Article 4 of this Section 10Agreement, raise the defense that the Company has an adequate remedy at law. Nothing in this Agreement shall be construed to prevent Executive from raising any other defenses in such equity proceeding, including that Company has failed to pay Executive any salary continuation payment. Nothing in this Agreement shall be construed as prohibiting the Company from pursuing any other remedies at law or in equity that it may have under and in respect of this Agreement or any other agreement.
Appears in 4 contracts
Samples: Employment Agreement (Loyaltypoint Inc), Employment Agreement (Barpoint Com Inc), Employment Agreement (Barpoint Com Inc)