Common use of Nondisclosure of Payments Clause in Contracts

Nondisclosure of Payments. Except as expressly required by Federal securities laws or the New York Business Corporation Law, neither party shall disclose any payments under this Agreement unless prior approval of the other party is obtained. Any payment to the Indemnitee that must be disclosed shall, unless otherwise required by law, be described only in Company proxy or information statements relating to special and/or annual meetings of the Company's shareholders, and the Company shall afford the Indemnitee the reasonable opportunity to review all such disclosures and, if requested, to explain in such statement any mitigating circumstances regarding the events reported.

Nondisclosure of Payments. Except as expressly required by Federal securities laws or the New York Business Corporation Lawlaw, neither party shall disclose any payments under this Agreement unless prior approval of the other party is obtained. Any payment payments to the Indemnitee that must be disclosed shall, unless otherwise required by law, be described only in Company proxy or information statements relating to special and/or annual meetings of the Company's ’s shareholders, and the Company shall afford the Indemnitee the reasonable opportunity to review all such disclosures and, if requested, to explain in such statement any mitigating circumstances regarding the events reported.

Nondisclosure of Payments. Except as expressly required by Federal the federal securities laws or the New York Business Corporation Lawother applicable laws, neither party shall disclose any payments under this Agreement unless without the prior approval of the other party is obtainedother. Any payment payments to the Indemnitee that must required to be disclosed shall, unless otherwise required by law, be described only in Company proxy or information statements relating to special and/or annual meetings of the Company's ’s shareholders, and the Company shall afford the Indemnitee the reasonable opportunity to review all such disclosures and, if requested, to explain in such statement any mitigating circumstances regarding the events reported.

Nondisclosure of Payments. Except as expressly required by Federal securities laws or the New York Business Corporation Lawlaw, neither party shall disclose any payments under this Agreement unless prior approval of the other party is obtained. Any payment payments to the Indemnitee that must be disclosed shall, unless otherwise required by law, be described only in Company the Company’s proxy or information statements relating to special and/or annual meetings of the Company's ’s shareholders, and the Company shall afford the Indemnitee the reasonable opportunity to review all such disclosures and, if requested, to explain in such statement any mitigating circumstances regarding the events reported.

Nondisclosure of Payments. Except as expressly required by Federal securities laws or the New York Business Corporation Lawlaw, neither party shall disclose any payments under this Agreement unless prior approval of the other party is obtained. Any payment payments to the Indemnitee that must be disclosed shall, unless otherwise required by law, be described only in Company proxy or information statements relating to special and/or annual meetings of the Company's ’s shareholders, and the Company shall afford the Indemnitee the reasonable opportunity to review all such disclosures and, if requested, to explain in such statement any mitigating circumstances regarding the events reported.