Common use of Extent of Cooperation Clause in Contracts

Extent of Cooperation. After the termination of Executive's employment hereunder, Executive shall reasonably cooperate with STT in the defense or prosecution of any claims or actions now in existence or which may be brought in the future against or on behalf of STT and which relate to events or occurrences that transpired while Executive was employed by STT, but if and only if such cooperation shall not materially and adversely affect Executive or expose Executive to an increased probability of civil or criminal litigation. Executive's cooperation in connection with such claims or action shall include being available to meet with counsel to prepare for discovery or trial and to act as a witness on behalf of STT at mutually convenient times. After Executive's employment, Executive also shall cooperate fully with STT in connection with any investigation or review of any federal, state or local regulatory authority as any such investigation or review relates to events or occurrences that transpired while Executive was employed by STT, but if and only if such cooperation shall not materially and adversely affect Executive or expose Executive to an increased probability of civil or criminal litigation. However, notwithstanding any of the foregoing, nothing in this paragraph shall be construed to require Executive to cooperate or provide any services to, on or on behalf of STT in excess of four (4) hours in any one day or for a total of more than twenty (20) hours, nor to require Executive to travel more than fifty (50) miles from his home in order to render such cooperation, nor to provide any cooperation under this paragraph after seven (7) years from Executive's Termination Date.