Vested Rights; Specific Performance Clause Samples

Vested Rights; Specific Performance. No amendment to the articles of incorporation or bylaws of the Corporation or any other corporate action shall in any way limit the Executive's rights under this Agreement. In any proceeding brought by or on behalf of the Executive to specifically enforce the provisions of this Agreement, the Corporation hereby waives the claim or defense therein that the plaintiff or claimant has an adequate remedy at law, and the Corporation shall not urge in any such proceeding the claim or defense that such remedy at law exists. The provisions of this Section 12, however, shall not prevent the Executive from seeking a remedy at law in connection with any breach of this Agreement.

Vested Rights; Specific Performance. No amendment to the Restated Certificate of Incorporation, as amended, or Bylaws of the Corporation or any other corporate action shall in any way limit Officer's rights under this Agreement. In any proceeding brought by or on behalf of Officer to specifically enforce the provisions of this Agreement, the Corporation hereby waives the claim or defense therein that the plaintiff or claimant has an adequate remedy at law, and the Corporation shall not urge in any such proceeding the claim or defense that such remedy at law exists. The provisions of this Section 20, however, shall not prevent Officer from seeking a remedy at law in connection with any breach of this Agreement.

Vested Rights; Specific Performance. No amendment to the Articles of Incorporation or Bylaws of the Corporation or any other corporate action shall in any way limit the Director’s rights under this Agreement. In any proceeding brought by or on behalf of the Director to specifically enforce the provisions of this Agreement, the Corporation hereby waives the claim or defense therein that the plaintiff or claimant has an adequate remedy at law, and the Corporation shall not urge in any such proceeding the claim or defense that such remedy at law exists. The provisions of this Section 12, however, shall not prevent the Director from seeking a remedy at law in connection with any breach of this Agreement.

Vested Rights; Specific Performance. No amendment to the Memorandum of Incorporation or any other corporate action shall in any way limit Indemnitee’s rights under this Agreement. In any Proceeding brought by or on behalf of Indemnitee to specifically enforce the provisions of this Agreement, the Company waives the claim or defense in that Proceeding that the plaintiff or claimant has an adequate remedy at law, and the Company shall not urge in any such Proceeding the claim or defense that an adequate remedy at law exists. The provisions of this Section 8, 9