Future Litigation Clause Samples
The Future Litigation clause outlines how potential legal disputes that may arise after the agreement is signed will be handled. Typically, this clause specifies the procedures for addressing future claims, such as requiring parties to notify each other of any impending lawsuits or disputes, and may set out preferred forums or methods for resolution, like arbitration or mediation. Its core function is to provide a clear framework for managing unforeseen legal conflicts, thereby reducing uncertainty and helping both parties understand their rights and obligations if litigation becomes necessary in the future.
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Future Litigation. In any litigation between or among Parties, this Agreement shall not preclude discovery of Common Interest Materials, and this Agreement shall not preclude Parties from obtaining disclosure of Common Interest Materials or alter the obligations of Parties to disclose Common Interest Materials under applicable rules of Civil Procedure.
Future Litigation. (a) With respect to future Litigation, as soon as practicable after the identification of such Litigation by any Party, the Principals and any other relevant Party shall consult in good faith for the purpose of securing an agreement between the Principals regarding an appropriate allocation of responsibility for such Litigation among the Parties in accordance with the statement of intent set forth in Section 1 of this Agreement. It is the intent of the Parties that the responsibility for the Litigation be assumed fully by one Party, or that the Principals agree to allocate responsibility for such Litigation among the Parties in the same fashion as envisioned for the Schedule C Litigation.
(b) If the Principals are unable to allocate responsibility for any Litigation within a reasonable period of time following identification of such Litigation, but in any event by the earlier to occur of (x) the date by which action must be taken in connection with such Litigation to avoid prejudice to one of the Parties in connection therewith or (y) the 30th day after identification of the Litigation, then the Principals may agree that such allocations shall be as determined by any third party (such as an outside law firm) who has been granted authority by the Principals to determine such allocation, or any party may elect to cause any such allocation of responsibility to be determined by an Arbitrator as described in Section 9 hereof.
Future Litigation. Dominion and Casinovations, on behalf of themselves, their respective successors, predecessors, parents, affiliates, subsidiaries, divisions, including, but not limited to their respective officers, directors, stockholders, managers, employees, advisors, consultants, insurers, attorneys, heirs, executors, administrators and authorized representatives, covenant and agree to forever refrain from instituting, prosecuting, maintaining, or assisting with any claims, suits and actions against the other, which arise out of, or is or may be, in whole or in part, based upon, related to or connected with the Shares, the Subscription Agreement and any other matter related thereto as they relate to Dominion and Casinovations.
Future Litigation. Seller shall promptly advise Buyer in writing of the commencement or threat against any of the Companies of (i) any claim, litigation or proceeding, and (ii) any Tax audit.
Future Litigation. During his employment and thereafter, Employee also agrees to participate in any future litigation arising out of the period of his employment with the Company by giving advice, participating in discovery, and giving deposition and trial testimony as may be necessary, as well as participation in other activities related to such litigation.
Future Litigation. The Company will notify the Purchaser in writing of any action, suit, proceeding, inquiry or investigation filed or initiated against the Company or its Subsidiaries within three (3) Business Days of the initiation of the same.
Future Litigation. In the event that HLEG becomes engaged in any legal dispute with any governmental authority or other third party (whether formally commenced or otherwise), the issues of which Rodriguez may be familiar with, Rodriguez agrees t▇ ▇▇▇▇▇ ▇ooperate with and assis▇ ▇▇▇▇, ▇t HLEG's request, in addressing and dealing with the matter, provided HLEG agrees to reimburse Rodriguez for all reasonable, prior- approved cost▇ ▇▇▇▇▇▇▇d by him in order to comply with this section.
Future Litigation. The Parties covenant and agree to forever refrain from encouraging, instituting, prosecuting, maintaining, assisting or participating in, any legal proceedings, suits or actions against any of the Released Parties, except if necessary to enforce this Agreement.
Future Litigation. If demand shall be made or suit shall be instituted against Buyer or Seller seeking payment or other performance of any contract, commitment or obligation of Company, Seller or Buyer, respectively, will provide such assistance and cooperation as shall be reasonably necessary for Buyer or Seller, respectively, to comply with or defend against such demand or suit.
Future Litigation. Executive agrees that if he/she is solicited or contacted by any law firm or agent of any law firm regarding the Employer or his/her employment or other association with the Employer, or if he/she is ordered or subpoenaed to testify or produce information in connection with any claim against the Employer, he/she will immediately notify the Employer. Executive also agrees to make himself/herself fully and reasonably available to assist the Employer and its representatives with any investigation or with its prosecution and/or defense of any legal proceedings involving matters of which he/she may have relevant knowledge. Should Executive be named, in his individual capacity, as a defendant in a lawsuit based solely on duties he performed at Employer’s instruction or directly related to his job duties with Employer, Employer agrees to defend an indemnify Executive. Executive understands and agrees that Employer’s obligation to defend and indemnify does not include acts involving Executive’s gross negligence, intentional torts, misconduct, or other intentional, unlawful actions.