Common use of Disparaging Statements Clause in Contracts

Disparaging Statements. Each of the Parties hereto agree that, from and after the date of this Agreement, each such Party will refrain from making any statement about the other which could be construed disparaging, including but not limited to, statements regarding business practices, financial condition, and the integrity of each of the Parties and, as the case may be, its current and former officers, directors, employees, shareholders, attorneys and accountants, agents, and successors and assigns. For the purposes of this Paragraph 4, disparaging statements shall not include the disclosure or making of truthful testimony compelled by or made under or in connection with a judicial action, governmental investigation or other legal mandate. In addition, the parties shall mutually agree as to the content, timing and means of making or issuing of either (i) any press release or other public comment, statement or filing or (ii) any response to any media or other public or private questions or inquiries concerning Hills’ departure from any office or position with or separation from the Company.

Appears in 2 contracts

Sources: Mutual Release and Waiver Agreement (Safety Quick Lighting & Fans Corp.), Mutual Release and Waiver Agreement (Safety Quick Lighting & Fans Corp.)