EMPLOYEE agrees not to issue, disseminate or otherwise make public any written or oral statements likely to disparage or harm ZAIS’ business or reputation or the reputation of any executive or employee of ZAIS or its affiliates. EMPLOYEE acknowledges that any breach by her of this non-disparagement agreement will subject her to substantial monetary damages. Nothing in this paragraph shall prohibit EMPLOYEE from providing, in good faith, factual information, not subject to any claim of attorney-client privilege or attorney work product, concerning EMPLOYER required by law or legal or regulatory proceeding. This Agreement does not prohibit or restrict EMPLOYEE (or EMPLOYEE’S attorney) from initiating communications directly with, or responding to any inquiry from, or providing testimony before, the Securities and Exchange Commission, any self-regulatory organization or any other state or federal regulatory authority. This non-disparagement agreement will survive EMPLOYEE’S termination of employment.