Common use of Covenant of Non-Disparagement Clause in Contracts

Covenant of Non-Disparagement. The parties hereby covenant and agree that each shall not make, at any time or place, any disparaging remarks, verbally or in writing, concerning any of the parties' actions or perceived omissions, regarding any matter connected with the "Exchange Agreement and Plan of Reorganization" or the contemplated purchase of Allpaq's assets by MYM, or otherwise take any action that would disparage or cast doubt upon the business acumen or judgment of any other party. Each party understands and acknowledges that each other party's business and reputation are of special, unique, and extraordinary character, which gives them a particular value, the loss of which cannot reasonably be compensated in damages in an action at law. Accordingly, each party further agrees that in addition to any other rights or remedies that any other party may possess at law, any aggrieved party shall be entitled to injunctive and other equitable relief in order to prevent or remedy a breach of the provisions of this Section 4. by any other party hereto.

Appears in 4 contracts

Samples: Mutual Rescission Agreement and Release (Make Your Move Inc), Mutual Rescission Agreement (Make Your Move Inc), Mutual Rescission Agreement and Release (Make Your Move Inc)

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