Common use of Protection of Reputation Clause in Contracts

Protection of Reputation. Executive will, both during and after any termination of Executive’s employment under this Agreement, refrain from communicating to any person, including, without limitation, any employee of Employer, any statements or opinions that are negative in any way about Employer or any of its past, present or future officials. Provided, however, that this provision shall not preclude Executive from providing truthful information about Employer as required by the securities laws while Executive is employed by Employer. In return, whenever Employer sends or receives any Notice of Termination of Executive’s employment under this Agreement, Employer will advise the members of its operating committee and executive committee (or any successors to such committees), to refrain from negative communications about Executive to third parties.

Protection of Reputation. Executive will, both during and after any termination of Executive’s employment under this Agreement, refrain from communicating to any person, including, without limitation, any employee of Employer, any statements or opinions that are negative in any way about Employer or any of its past, present or future officials. Provided, however, that this provision shall not preclude Executive from providing truthful information about Employer as required by the securities laws while Executive he is employed by Employer. In return, whenever Employer sends or receives any Notice of Termination of Executive’s employment under this Agreement, Employer will advise the members of its operating committee and executive committee (or any successors to such committees), to refrain from negative communications about Executive to third parties.