Common use of SUBPOENAS; COOPERATION IN DEFENSE OF THE EMPLOYER Clause in Contracts

SUBPOENAS; COOPERATION IN DEFENSE OF THE EMPLOYER. If the Executive, during employment or thereafter, is served with any subpoena or other compulsory judicial or administrative process calling for production of confidential information or if the Executive is otherwise required by law or regulation to disclose confidential information, the Executive will immediately, before making any such production or disclosure, notify the Employer and provide it with such information as may be necessary for the Employer to take such action as the Employer deems necessary to protect its interests. The Executive agrees to cooperate reasonably with the Employer, whether during employment or thereafter, in the prosecution or defense of all threatened claims or actual litigation in which the Employer is or may become a party, whether now pending or hereafter brought, in which the Executive has knowledge or relevant facts or issues. The Executive shall be reimbursed for his reasonable expenses for travel time due to cooperating with the prosecution or defense of any litigation for the Employer.

Appears in 7 contracts

Samples: Agreement of Employment (Performance Capital Management LLC), Agreement of Employment (Performance Capital Management LLC), Agreement of Employment (Performance Capital Management LLC)

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