The following paragraph was included in a Mutual Non-Disclosure Agreement template between two technology companies.
The Parties agree that the disclosing Party will suffer irreparable injury if its Confidential Information is made public, released to a third party, or otherwise disclosed in breach of this Agreement and that the disclosing Party shall be entitled to obtain injunctive relief against a threatened breach or continuation of any such breach and, in the event of such breach, an award of actual and exemplary damages from any court of competent jurisdiction."
I was wondering what the implications of this paragraph are in the event of a breach.