Common use of Remedy for Violation Clause in Contracts

Remedy for Violation. Employer and Employee agree that remedies at law are inadequate and that Employer may seek injunctive relief in the event of violation of this covenant. In addition, it is agreed that the actual damages occasioned by any breach of the covenants by Employee not to solicit and/or perform services except as provided above will not be susceptible to exact determination and Employer shall be entitled to liquidated damages in an amount equal to three (3) times the gross fees billed by Employer to any such patients solicited or treated in violation of this covenant during the two (2) year (twenty four (24) month) period immediately preceding the violation of this covenant.

Appears in 2 contracts

Sources: Asset Purchase Agreement (Uci Medical Affiliates Inc), Employment Agreement (Uci Medical Affiliates Inc)