Common use of Termination of an Action is Nonconclusive Clause in Contracts

Termination of an Action is Nonconclusive. The termination of any Action, no matter by whom brought, by judgment, order, settlement, conviction, or upon a plea of nolo contendere or its equivalent, shall not, of itself, create a presumption that the Director has not met the applicable standard(s) of conduct set forth in Paragraph 2 of this Agreement.

Termination of an Action is Nonconclusive. The termination of any ----------------------------------------- Action, no matter by whom brought, by judgment, order, settlement, conviction, or upon a plea of nolo contendere or its equivalent, shall not, of itself, create a presumption that the Director has not met the applicable standard(s) of conduct set forth in Paragraph 2 of this Agreement.

Termination of an Action is Nonconclusive. The termination of any Action, no matter by whom brought, by judgment, order, settlement, conviction, or upon a plea of nolo contendere or its equivalent, shall not, of itself, create a presumption that the Director Officer has not met the applicable standard(s) of conduct set forth in Paragraph 2 of this Agreement.