Common use of Derogatory Statements Clause in Contracts

Derogatory Statements. 21.1 The Executive agrees that, upon and following the Termination Date: 21.1.1 the Executive shall not make to any third party, publicly or privately, verbally or in writing, any false, disparaging, derogatory or otherwise inflammatory remarks about any of the Company, its parent, subsidiaries and other related and affiliated companies, their employees, managers, directors, officers, administrators, shareholders, members, agents, attorneys, insurers and contractors acting in any capacity whatsoever, including their respective predecessors, successors and assigns (collectively, the “Company Parties”) and/or about the conduct, operations or financial condition or business practices, policies or procedures of the Company Parties; and 21.1.2 the Executive will not make or solicit any false or misleading comments, statements or the like to the media or to others that may be considered derogatory or detrimental to the good name and business reputation of any of the Company Parties. 21.2 Nothing in this clause 21 is intended to prohibit or restrict in any way the Executive from providing truthful information to any government agency or entity, or any arbitrator or court officer, or to otherwise testify truthfully under oath, as required by law. 21.3 The Company agrees that, upon and following termination of the Executive’s employment with the Company for any reason, its executive officers will not make, publicly or privately, verbally or in writing, any false, disparaging, derogatory or otherwise inflammatory remarks about the Executive and/or the conduct, operations or financial condition or business practices, of the Executive to any third party, and the Company’s executive officers will not make or solicit any comments, statements or the like to the media or to others that may be considered derogatory or detrimental to the good name and business reputation of the Executive; provided, however, that nothing in this paragraph is intended to prohibit the Company’s executive officers from providing truthful information to any government entity, arbitrator, or court, or to otherwise testify truthfully under oath, as required by law. 21.4 In addition, nothing in this clause 21 shall be construed or interpreted to restrict or impede the Executive or the Company from participating or cooperating in an investigative proceeding of any federal, state or local government agency.

Derogatory Statements. 21.1 22.1 The Executive agrees that, upon and following the Termination Date: 21.1.1 22.1.1 the Executive shall not make to any third party, publicly or privately, verbally or in writing, any false, disparaging, derogatory or otherwise inflammatory remarks about any of the Company, its parent, subsidiaries Group and other related and affiliated companies, its or their employees, managers, directors, officers, administrators, shareholders, members, agents, attorneys, insurers and contractors acting in any capacity whatsoever, including their respective predecessors, successors and assigns (collectively, the “Company Parties”) and/or about the conduct, operations or financial condition or business practices, policies or procedures of the Company Parties; and 21.1.2 22.1.2 the Executive will not make or solicit any false or misleading comments, statements or the like to the media or to others that may be considered derogatory or detrimental to the good name and business reputation of any of the Company Parties. 21.2 22.2 Nothing in this clause 21 22 is intended to prohibit or restrict in any way the Executive from providing truthful information to any government agency or entity, or any arbitrator or court officer, or to otherwise testify truthfully under oath, as required by law. 21.3 22.3 The Company agrees that, upon and following termination of the Executive’s employment with the Company for any reasonTermination Date, its executive officers will not make, publicly or privately, verbally or in writing, any false, disparaging, derogatory or otherwise inflammatory remarks about the Executive and/or the conduct, operations or financial condition or business practices, of the Executive to any third party, and the Company’s executive officers will not make or solicit any comments, statements or the like to the media or to others that may be considered derogatory or detrimental to the good name and business reputation of the Executive; provided, however, that nothing in this paragraph is intended to prohibit the Company’s executive officers from providing truthful information to any government entity, arbitrator, or court, or to otherwise testify truthfully under oath, as required by law. 21.4 22.4 In addition, nothing in this clause 21 22 shall be construed or interpreted to restrict or impede the Executive or the Company from participating or cooperating in an investigative proceeding of any federal, state or local government agency.