Enforceability of Covenants. Director and Buyer agree that Director’s obligations under these nondisclosure covenants are separate and distinct from other provisions of this Agreement, and a failure or alleged failure of Seller and Buyer to perform their obligations under any provision of this Agreement or other agreements with Director shall not constitute a defense to, or waiver of the enforceability of, these nondisclosure covenants. Nothing in this provision or this Agreement shall limit any rights or remedies otherwise available to Seller, Buyer, or any Affiliated Company under federal, state or local law.
Appears in 3 contracts
Samples: Agreement and Plan of Merger (Carolina Financial Corp), Employment Agreement (First Community Corp /Sc/), Agreement and Plan of Merger (Congaree Bancshares Inc)
Enforceability of Covenants. Director Director, Buyer, and Buyer Seller agree that Director’s obligations under these nondisclosure covenants are separate and distinct from other provisions of this Agreement, and a failure or alleged failure of Seller and Buyer to perform their obligations under any provision of this Agreement or other agreements with Director shall not constitute a defense to, or waiver of the enforceability of, of these nondisclosure covenants. Nothing in this provision or this Agreement shall limit any rights or remedies otherwise available to Seller, Buyer, Buyer or any Affiliated Company under federal, state or local law.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (SCBT Financial Corp), Agreement and Plan of Merger (TSB Financial CORP)
Enforceability of Covenants. Director and Buyer agree that Director’s obligations under these nondisclosure covenants are separate and distinct from other provisions of this Agreement, and a failure or alleged failure of Seller and Buyer to perform their obligations under any provision of this Agreement or other agreements with Director shall not constitute a defense to, or waiver of the enforceability of, these nondisclosure covenants. Nothing in this provision or this Agreement shall limit any rights or remedies otherwise available to Seller, Buyer, Buyer or any Affiliated Company under federal, state or local law.
Appears in 1 contract
Samples: Agreement and Plan of Merger (First National Bancshares Inc /Sc/)