Independent Elements. The parties acknowledge that the promises and covenants contained in Sections 9 and 10 above are essential independent elements of this Agreement and that, but for Executive agreeing to comply with them, the Company would not employ Executive. Accordingly, the existence or assertion of any claim by Executive against the Company, whether based on this Agreement or otherwise, shall not operate as a defense to the Company’s enforcement of the promises and covenants in Sections 9 and 10. An alleged or actual breach of the Agreement by the Company will not be a defense to enforcement of any such promise or covenant, or other obligations of Executive to the Company. The promises and covenants in Sections 9 and 10 will remain in full force and effect whether Executive is terminated by the Company or voluntarily resigns.
Appears in 11 contracts
Samples: Executive Employment Agreement (Spirit of Texas Bancshares, Inc.), Executive Employment Agreement (Spirit of Texas Bancshares, Inc.), Executive Employment Agreement (Spirit of Texas Bancshares, Inc.)
