Common use of Public Statement of Termination Clause in Contracts

Public Statement of Termination. In the event the Executive's employment terminates for any reason, the Company and the Executive shall agree upon a public statement pertaining to the Executive's termination of employment, and the terms of said statement shall not be subject to subsequent modification by either party unless required by law; provided, however, that in the event the Company and the Executive are unable in good faith to agree on such a statement, the Company may make public statements as are necessary to comply with the law.

Appears in 20 contracts

Samples: Employment and Non‑competition Agreement (Fortegra Financial Corp), Employment and Non Competition Agreement (Fortegra Financial Corp), Employment and Non Competition Agreement (Fortegra Financial Corp)

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Public Statement of Termination. In the event the Executive's ’s employment terminates for any reason, the Company and the Executive shall agree upon a public statement pertaining to the Executive's ’s termination of employment, and the terms of said statement shall not be subject to subsequent modification by either party unless required by law; provided, however, that in the event the Company and the Executive are unable in good faith to agree on such a statement, the Company may make public statements as are necessary to comply with the law.

Appears in 7 contracts

Samples: Executive Employment and Non Competition Agreement (Fortegra Group, Inc), Employment and Non Competition Agreement (Fortegra Financial Corp), Employment and Non Competition Agreement (Fortegra Financial Corp)

Public Statement of Termination. In the event the Executive's employment terminates for any reason, the Company and the Executive shall agree upon a public statement pertaining to the Executive's termination of employment, and the terms of said statement shall not be subject to subsequent modification by either party unless required by law; provided, however, that in the event the Company and the Executive are unable in good faith to agree on such a statement, the Company may make public statements as are necessary required to comply with the law.

Appears in 3 contracts

Samples: Executive Employment and Non Competition Agreement (Fortegra Group, Inc), Executive Employment and Non Competition Agreement (Fortegra Group, Inc), Employment and Non Competition Agreement (Fortegra Group, LLC)

Public Statement of Termination. In the event the Executive's employment terminates for any reasonreason other than death of the Executive, the Company and the Executive shall agree upon a public statement pertaining to the Executive's termination of employment, and the terms of said statement shall not be subject to subsequent modification by either party unless required by law; provided, however, that in the event the Company and the Executive are unable in good faith to agree on such a statement, the Company either party may make public statements as are necessary to comply with the law.

Appears in 2 contracts

Samples: Non Competition Agreement (Refco Inc.), Employment and Non Competition Agreement (Refco Information Services, LLC)

Public Statement of Termination. In the event the Executive's ’s employment terminates for any reason, the Company and the Executive Executive, or their respective representatives, shall negotiate in good faith in an effort to mutually agree upon a public statement pertaining to the Executive's ’s termination of employment, and the terms of said statement shall not be subject to subsequent modification by either party unless required by law; provided, however, that in the event the Company and the Executive are unable in good faith to agree on such a statement, the Company may make public statements as are necessary to comply with the applicable law.

Appears in 2 contracts

Samples: Release Agreement (Hope Bancorp Inc), Employment Agreement (Hope Bancorp Inc)

Public Statement of Termination. In the event the Executive's employment terminates for any reason, the Company and the Executive shall agree upon a public statement pertaining to the Executive's termination of employment, and the terms of said statement shall not be subject to subsequent modification by either party unless required by law; provided, however, that in the event the Company and the Executive are unable in good faith to agree on such a statement, the Company and its affiliates may make public statements as are necessary required to comply with the law.

Appears in 2 contracts

Samples: Employment and Non Competition Agreement (Fortegra Group, Inc), Employment and Non Competition Agreement (Fortegra Group, LLC)

Public Statement of Termination. In the event the Executive's employment terminates for any reason, the Company and the Executive shall make best efforts to agree upon a public statement pertaining to the Executive's termination of employment, and the terms of said statement shall not be subject to subsequent modification by either party unless required by law; provided, however, that in the event the Company and the Executive are unable in good faith to agree on such a statement, the Company may make public statements as are necessary to comply with the lawlaw or relevant regulations.

Appears in 2 contracts

Samples: Executive Employment Agreement (Netegrity Inc), Executive Employment Agreement (Netegrity Inc)

Public Statement of Termination. In the event the Executive's Employee's employment terminates for any reason, the Company and the Executive shall agree upon a public statement pertaining to the Executive's termination of employment, and the terms of said statement shall not be subject to subsequent modification by either party unless required by law; provided, however, that in the event the Company and the Executive are unable in good faith to agree on upon such a statement, the Company may make public statements as are necessary to comply with the law.

Appears in 2 contracts

Samples: Employment Agreement (Semele Group Inc), Employment Agreement (Semele Group Inc)

Public Statement of Termination. In the event the Executive's employment terminates for any reason, the Company and the Executive shall agree upon a public statement pertaining to the Executive's termination of employment, and the terms of said statement shall not be subject to subsequent modification by either party unless required by law; provided, however, that in the event the Company and the Executive are unable in good faith to agree on such a statement, the Company may make public statements as are necessary to comply with the law.to

Appears in 2 contracts

Samples: Executive Employment Agreement (Voicetek Corp), Executive Employment Agreement (Voicetek Corp)

Public Statement of Termination. In the event the Executive's employment terminates for any reason, the Company and the Executive shall agree upon a public statement pertaining to the Executive's termination of employment, and the terms of said statement such statements agreed to by the parties shall not be subject to subsequent modification by either party unless required by law; provided, however, that in the event the Company and the Executive are unable in good faith to agree on such a statement, the Company or the Executive may make public statements as are necessary to comply with the law.

Appears in 2 contracts

Samples: Employment and Non Competition Agreement (Rival Co), Execution Copy (Holmes Products Corp)

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Public Statement of Termination. In the event the Executive's Employee’s employment terminates for any reason, the Company and the Executive Employee shall agree upon a public statement pertaining to the Executive's Employee’s termination of employment, and the terms of said statement shall not be subject to subsequent modification by either party unless required by law; provided, however, that in the event the Company and the Executive Employee are unable in good faith to agree on such a statement, the Company may make public statements as are necessary to comply with the law.

Appears in 1 contract

Samples: Employment and Non Competition Agreement (United Industries Corp)

Public Statement of Termination. In the event the If Executive's ’s employment terminates for any reason, the Company Employer and the Executive shall agree upon a public statement pertaining to the Executive's ’s termination of employment, and the terms of said such statement shall not be subject to subsequent modification by either party hereto unless required by applicable law; provided, however, that in if the event the Company Employer and the Executive are unable in good faith to agree on such a statement, the Company Employer may make such public statements as are necessary required to comply with the applicable law, if any.

Appears in 1 contract

Samples: Executive Employment Agreement (Westcott Products Corp)

Public Statement of Termination. In the event the ------------------------------- Executive's employment terminates for any reason, the Company and the Executive shall agree upon a public statement pertaining to the Executive's termination of employment, and the terms of said statement shall not be subject to subsequent modification by either party unless required by law; provided, however, that in the event the Company and the Executive are unable in good faith to agree on such a statement, the Company may make public statements as are necessary to comply with the law.

Appears in 1 contract

Samples: Employment And (Weigh Tronix LLC)

Public Statement of Termination. In the event the Executive's ’s employment terminates for any reason, the Company and the Executive Executive, or their respective representatives, shall negotiate in good faith in an effort to mutually agree upon a public statement pertaining to the Executive's ’s termination of employment, and the terms of said statement shall not be subject to subsequent modification by either party unless required by law; provided, however, that in the event the Company and the Executive are unable in good faith to agree on such a statement, the Company may make public statements as are necessary to comply with the applicable law.

Appears in 1 contract

Samples: Employment Agreement (BBCN Bancorp Inc)

Public Statement of Termination. In the event the Executive's ’s employment terminates for any reason, the Company and the Executive Executive, or their respective representatives, shall negotiate in good faith in an effort to mutually agree upon a public statement pertaining to the Executive's ’s termination of employment, and the terms of said statement shall not be subject to subsequent modification by either party unless required by law; provided, however, that in the event the Company and the Executive are unable in good faith to agree on such a statement, the Company may make public statements as are necessary to comply with the applicable law. Section 13.11.

Appears in 1 contract

Samples: Employment Agreement (Hope Bancorp Inc)

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