Restrictive Covenants Clause Example from Business Contracts

This example Restrictive Covenants clause appears in 2 contracts from 1 company

Restrictive Covenants. In the event that the Participant violates any restrictive covenants applicable to the Participant, in addition to any other remedy which may be available at law or in equity, the RSUs shall be automatically forfeited effective as of the date on which such violation first occurs. The foregoing rights and remedies are in addition to any other rights and remedies that may be available to the Company and shall not prevent (and the Participant shall not assert that they shall prevent) the Company fr...om bringing one or more actions in any applicable jurisdiction to recover damages as a result of the Participant's breach of such restrictive covenants. View More