Common use of Age Discrimination Claims Clause in Contracts

Age Discrimination Claims. If the Release is not enforceable with respect to any Claim based on any federal, state or local age discrimination laws, and a legal or other proceeding is initiated by Executive against PrinceRidge, IFMI and/or IFMI Parent with respect to any such Claim, then the parties hereto agree that the non-prevailing party in such proceeding shall pay all of the costs and expenses (including, without limitation, all attorneys’ fees) incurred by the prevailing party in connection with such proceeding.

Appears in 3 contracts

Samples: Separation, Release and Repurchase Agreement (Institutional Financial Markets, Inc.), Separation, Release and Repurchase Agreement (Institutional Financial Markets, Inc.), Separation, Release and Repurchase Agreement (Institutional Financial Markets, Inc.)

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Age Discrimination Claims. If the Release is not enforceable with respect to any Claim based on any federal, state or local age discrimination laws, and a legal or other proceeding is initiated by Executive against PrinceRidgeParent, IFMI the Company and/or IFMI Parent a Released Party with respect to any such Claim, then the parties hereto agree that the non-prevailing party in such proceeding shall pay all of the costs and expenses (including, without limitation, all attorneys’ fees) incurred by the prevailing party in connection with such proceeding.

Appears in 1 contract

Samples: Employment Agreement (Institutional Financial Markets, Inc.)

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