Common use of Waiver of Jury Trial; Attorneys’ Fees Clause in Contracts

Waiver of Jury Trial; Attorneys’ Fees. The parties both waive any right to trial by jury in any action brought under this Agreement, specifically including actions to enforce or interpret the protective covenant set forth in paragraph 7 of the Agreement. In the event of litigation between the Employee and the Bank, of any kind whatsoever, regardless of whether it involves this Agreement, or otherwise, the prevailing party shall be entitled to the award of a reasonable attorney's fee, an award of costs of action, and recovery of any litigation expenses reasonably incurred by counsel.

Appears in 3 contracts

Samples: Employment Agreement (American Bancshares Inc \Fl\), Employment Agreement (American Bancshares Inc \Fl\), Employment Agreement (American Bancshares Inc \Fl\)

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Waiver of Jury Trial; Attorneys’ Fees. The parties both waive any right to trial by jury in any action brought under this Agreement, specifically including actions to enforce or interpret the protective covenant set forth in paragraph 7 of the Agreement. In the event of litigation between the Employee and the BankABI, of any kind whatsoever, regardless of whether it involves this Agreement, or otherwise, the prevailing party shall be entitled to the award of a reasonable attorney's fee, an award of costs of action, and recovery of any litigation expenses reasonably incurred by counsel.

Appears in 2 contracts

Samples: Employment Agreement (American Bancshares Inc \Fl\), Employment Agreement (American Bancshares Inc \Fl\)

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Waiver of Jury Trial; Attorneys’ Fees. The Each of the parties both waive any to this agreement hereby irrevocably waives all right to a trial by jury in any action, proceeding or counterclaim arising out of or relating to this agreement or the transactions contemplated hereby. If either party shall commence an action brought under or proceeding to enforce any provisions of this Agreement, specifically including actions to enforce or interpret the protective covenant set forth in paragraph 7 of the Agreement. In the event of litigation between the Employee and the Bank, of any kind whatsoever, regardless of whether it involves this Agreement, or otherwise, then the prevailing party in such action or proceeding shall be entitled to reimbursed by the award other party for its reasonable attorneys’ fees and other costs and expenses incurred in the investigation, preparation and prosecution of a reasonable attorney's fee, an award of costs of action, and recovery of any litigation expenses reasonably incurred by counselsuch action or proceeding.

Appears in 1 contract

Samples: Registration Rights Agreement (Hepalife Technologies Inc)

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