Common use of Mutual Independence Clause in Contracts

Mutual Independence. The parties hereto agree that the covenants and obligations contained in this Agreement are severable and divisible, that none of such covenants or obligations depend on any other covenant or obligation for their enforceability, that each such covenant and obligation constitutes an enforceable obligation between the Company and the Employee, that each such covenant and obligation shall be construed as an agreement independent of any other provision of this Agreement, and that the existence of any claim or cause of action by one party to this Agreement against another party to this Agreement, whether predicated on this Agreement or otherwise, shall not constitute a defense to the enforcement by any party to this Agreement of any such covenants or obligations.

Appears in 6 contracts

Samples: Executive Employment Agreement (By&c Management Inc), Executive Employment Agreement (By&c Management Inc), Executive Employment Agreement (By&c Management Inc)

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