Remedies Clause Example with 4 Variations from Business Contracts
This page contains Remedies clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Remedies. Employee agrees that if Employee fails to fulfill Employee's obligations under this Agreement, including, without limitation, the Non-Competition and Non-Solicitation obligations set forth in paragraph 4, the damages to the Bank or any of its Affiliates would be very difficult or impossible to determine. Therefore, in addition to any other rights or remedies available to the Bank at law, in equity or by statute, Employee hereby consents to the specific enforcement by the Bank of this Agreement t...hrough an injunction or restraining order issued by an appropriate court, without the necessity of proving actual damages, and Employee hereby waives as a defense to any equitable action the allegation that the Bank has an adequate remedy at law. The provisions of this paragraph shall not diminish the right of the Bank to claim and recover damages or to obtain any equitable remedy in addition to injunctive relief to which the Bank may otherwise be entitled. The Employee understands and agrees that the Employee will also be responsible for all costs and attorney's fees incurred by the Bank in enforcing any of the provisions of this Agreement including, but not limited to, expert witness fees and deposition costs.View More
Variations of a "Remedies" Clause from Business Contracts
Remedies. Employee Executive agrees that if Employee Executive fails to fulfill Employee's Executive's obligations under this Agreement, including, without limitation, the Non-Competition and Non-Solicitation obligations set forth in paragraph 4, the damages to the Bank Company or any of its Affiliates would be very difficult or impossible to determine. Therefore, in addition to any other rights or remedies available to the Bank Company at law, in equity or by statute, Employee Executive hereby consents t...o the specific enforcement by the Bank Company of this Agreement through an injunction or restraining order issued by an appropriate court, without the necessity of proving actual damages, and Employee Executive hereby waives as a defense to any equitable action the allegation that the Bank Company has an adequate remedy at law. The provisions of this paragraph shall not diminish the right of the Bank Company to claim and recover damages or to obtain any equitable remedy in addition to injunctive relief to which the Bank Company may otherwise be entitled. The Employee Executive understands and agrees that the Employee Executive will also be responsible for all costs and attorney's fees incurred by the Bank Company in enforcing any of the provisions of this Agreement including, but not limited to, expert witness fees and deposition costs. 7 9. Payments and Funding. Any payment under this Agreement shall be independent of and in addition to those under any other plan, program, or agreement that may be in effect between the parties hereto or any other compensation payable to the Executive by the Company. View More
Remedies. Employee Executive agrees that if Employee Executive fails to fulfill Employee's Executive's obligations under this Agreement, including, without limitation, the Non-Competition and Non-Solicitation obligations set forth in paragraph 4, the damages to the Bank or any of its Affiliates would be very difficult or impossible to determine. Therefore, in addition to any other rights or remedies available to the Bank at law, in equity or by statute, Employee Executive hereby consents to the specific e...nforcement by the Bank of this Agreement through an injunction or restraining order issued by an appropriate court, without the necessity of proving actual damages, and Employee Executive hereby waives as a defense to any equitable action the allegation that the Bank has an adequate remedy at law. The provisions of this paragraph shall not diminish the right of the Bank to claim and recover damages or to obtain any equitable remedy in addition to injunctive relief to which the Bank may otherwise be entitled. The Employee Executive understands and agrees that the Employee Executive will also be responsible for all costs and attorney's fees incurred by the Bank in enforcing any of the provisions of this Agreement including, but not limited to, expert witness fees and deposition costs. 7 9. Payments and Funding. Any payment under this Agreement shall be independent of and in addition to those under any other plan, program, or agreement that may be in effect between the parties hereto or any other compensation payable to the Executive by the Bank. View More
Remedies. Employee agrees that if Employee fails to fulfill Employee's obligations under this Agreement, including, without limitation, the Non-Competition and Non-Solicitation obligations set forth in paragraph 4, Section 3, the damages to the Bank Company or any of its Affiliates would be very difficult or impossible to determine. Therefore, in addition to any other rights or remedies available to the Bank Company at law, in equity or by statute, Employee hereby consents to the specific enforcement by t...he Bank Company of this Agreement through an injunction or restraining order issued by an appropriate court, without the necessity of proving actual damages, and Employee hereby waives as a defense to any equitable action the allegation that the Bank Company has an adequate remedy at law. The provisions of this paragraph Section shall not diminish the right of the Bank Company to claim and recover damages or to obtain any equitable remedy in addition to injunctive relief to which the Bank Company may otherwise be entitled. entitled, The Employee understands and agrees that the Employee will also be responsible for all costs and attorney's fees incurred by the Bank Company in enforcing any of the provisions of this Agreement including, but not limited to, expert witness fees and deposition costs. View More
Remedies. Employee Executive agrees that if Employee Executive fails to fulfill Employee's Executive's obligations under this Agreement, including, without limitation, the Non-Competition and Non-Solicitation obligations set forth in paragraph 4, the damages to the Bank or any of its Affiliates would be very difficult or impossible to determine. Therefore, in addition to any other rights or remedies available to the Bank at law, in equity or by statute, Employee Executive hereby consents to the specific e...nforcement by the Bank of this Agreement through an injunction or restraining order issued by an appropriate court, without the necessity of proving actual damages, and Employee Executive hereby waives as a defense to any equitable action the allegation that the Bank has an adequate remedy at law. The provisions of this paragraph shall not diminish the right of the Bank to claim and recover damages or to obtain any equitable remedy in addition to injunctive relief to which the Bank may otherwise be entitled. The Employee Executive understands and agrees that the Employee Executive will also be responsible for all costs and attorney's fees incurred by the Bank in enforcing any of the provisions of this Agreement including, but not limited to, expert witness fees and deposition costs. View More
