Common use of Non-Disparagement by Executive Clause in Contracts

Non-Disparagement by Executive. Executive agrees that Executive shall not disparage or encourage others to disparage the Employer or any member of the LoanDepot Group or any of their respective past and present employees, directors, members, officers, managers, equityholders, products or services. For purposes of this Section 8.3, the term “disparage” includes, without limitation, comments or statements to the press, to the Employer’s employees or to any individual or entity with whom the Employer has a business relationship (including, without limitation, any vendor, supplier, customer or distributor of the Employer) that are made with gross negligence or the intent to cause harm and that would adversely affect in any manner: (a) the conduct of any business of the Employer or any member of the LoanDepot Group (including, without limitation, any business plans or prospects) or (b) the business reputation of the Employer or any member of the LoanDepot Group.

Non-Disparagement by Executive. Executive agrees that Executive shall not disparage or encourage others to disparage the Employer or any member of the LoanDepot Group or any of their respective past and present employees, directors, members, officers, managers, equityholders, products or services. For purposes of this Section 8.3, the term “disparage” includes, without limitation, comments or statements to the press, to the Employer’s employees or to any individual or entity Person with whom the Employer has a business relationship (including, without limitation, any vendor, supplier, customer or distributor of the Employer) that are made with gross negligence or the intent to cause harm and that would adversely affect in any manner: (a) the conduct of any business of the Employer or any member of the LoanDepot Group (including, without limitation, any business plans or prospects) or (b) the business reputation of the Employer or any member of the LoanDepot Group.