Common use of Sxxxxxxx-Xxxxx Act of 2002 Clause in Contracts

Sxxxxxxx-Xxxxx Act of 2002. Notwithstanding anything herein to the contrary, if TRA determines, in its good faith judgment, that any transfer or deemed transfer of funds hereunder is likely to be construed as a personal loan prohibited by Section 13(k) of the Exchange Act and the rules and regulations promulgated thereunder, then such transfer or deemed transfer shall not be made to the extent necessary or appropriate so as not to violate the Exchange Act and the rules and regulations promulgated thereunder.

Appears in 4 contracts

Samples: Employment Agreement (True Religion Apparel Inc), Employment Agreement (True Religion Apparel Inc), Employment Agreement (True Religion Apparel Inc)

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