Common use of Promise of no disparagement Clause in Contracts

Promise of no disparagement. Executive promises and agrees that Executive shall not cause statements to be made (whether written or oral) that reflect negatively on the business reputation of the Bank or any of its affiliates. The Bank and Holding Company likewise promise and agree that the Bank and Holding Company shall instruct directors and officers not to cause statements to be made (whether written or oral) that reflect negatively on the reputation of Executive. Nothing herein is intended to restrict Executive or the Bank from testifying truthfully in response to any lawfully served subpoena or other legal process. Nothing in this Section 7(g) shall preclude Executive from reporting information to, or participating in any investigation or proceeding conducted by the Securities and Exchange Commission, the Federal Deposit Insurance Corporation, or any federal, state or local governmental agency.

Promise of no disparagement. Executive promises and agrees that Executive shall not cause statements to be made (whether written or oral) that reflect negatively on the business reputation of the Bank or any of its affiliates. The Bank and Holding Company likewise promise and agree that the Bank and Holding Company shall instruct directors and officers not to cause statements to be made (whether written or oral) that reflect negatively on the reputation of Executive. Nothing herein is intended to restrict Executive or the Bank from testifying truthfully in response to any lawfully served subpoena or other legal process. Nothing in this Section 7(g) shall preclude Executive from reporting information to, to or participating in any investigation or proceeding conducted by the Securities and Exchange Commission, the Federal Deposit Insurance Corporation, or any federal, state state, or local governmental agency.

Promise of no disparagement. Executive promises and agrees that Executive shall not cause statements to be made (whether written or oral) that reflect negatively on the business reputation of the Bank or any of its affiliates. The Bank and Holding Company likewise promise and agree that the Bank and Holding Company shall instruct directors and officers not to cause statements to be made (whether written or oral) that reflect negatively on the reputation of Executive. Nothing herein is intended to restrict Executive or the Bank from testifying truthfully in response to any lawfully served subpoena or other legal process. Nothing in this Section 7(g) shall preclude Executive from reporting information to, to or participating in any investigation or proceeding conducted by the Securities and Exchange Commission, the Federal Deposit Insurance Corporation, or any federal, state or local governmental agency.