Common use of Mitigation Not Required Clause in Contracts

Mitigation Not Required. In the event the Executive’s employment with the Company terminates for any reason, the Executive shall not be obligated to seek other employment following such termination. However, any amounts due the Executive under Sections 8(a)(i); 8(a)(ii); 8(d)(i)(2)(a),(b),(c) or (d); and/or any additional salary provided under Section 8(d)(i)(1) of this Agreement shall be offset by any cash remuneration, health care coverage and/or estate planning reimbursements attributable to any subsequent employment that the Executive may obtain during the period of payment of compensation under this Agreement following the termination of the Executive’s employment with the Company.

Appears in 15 contracts

Samples: Executive Employment Agreement (Ross Stores Inc), Executive Employment Agreement (Ross Stores Inc), Executive Employment Agreement (Ross Stores Inc)

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Mitigation Not Required. In the event the Executive’s employment with the Company terminates for any reason, the Executive shall not be obligated to seek other employment following such termination. However, any amounts due the Executive under Sections 8(a)(i); 8(a)(ii); 8(d)(i)(2)(a),(b),(c8(e)(i)(2)(a),(b),(c) or (d); and/or any additional salary provided under Section 8(d)(i)(18(e)(i)(1) of this Agreement shall be offset by any cash remuneration, health care coverage and/or estate planning reimbursements attributable to any subsequent employment that the Executive may obtain during the period of payment of compensation under this Agreement following the termination of the Executive’s employment with the Company.

Appears in 6 contracts

Samples: Executive Employment Agreement (Ross Stores Inc), Executive Employment Agreement (Ross Stores Inc), Executive Employment Agreement (Ross Stores Inc)

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Mitigation Not Required. In the event the Executive’s 's employment with the Company terminates for any reason, the Executive shall not be obligated to seek other employment following such termination. However, any amounts due the Executive under Sections 8(a)(i); 8(a)(ii); 8(d)(i)(2)(a),(b),(c8(d)(i)(2)(a),(b), (c) or (d); and/or any additional salary provided under Section 8(d)(i)(1) of this Agreement shall be offset by any cash remuneration, health care coverage and/or estate planning reimbursements attributable to any subsequent employment that the Executive may obtain during the period of payment of compensation under this Agreement following the termination of the Executive’s 's employment with the Company. 18.

Appears in 1 contract

Samples: Executive Employment Agreement (Ross Stores Inc)

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