Common use of Mitigation Clause in Contracts

Mitigation. Executive shall not be required to mitigate the amount of any payment or benefit provided for in this Agreement by seeking other employment or otherwise and there shall be no offset against amounts due Executive under this Agreement on account of any remuneration attributable to any subsequent employment that Executive may obtain.

Appears in 116 contracts

Samples: Employment Agreement (Auxilium Pharmaceuticals Inc), Employment Agreement (NxStage Medical, Inc.), Employment Agreement (Auxilium Pharmaceuticals Inc)

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Mitigation. Executive shall not be required to mitigate damages or the amount of any payment or benefit provided for in under this Agreement by seeking other employment or otherwise and there otherwise, nor shall be no offset against amounts due Executive the amount of any payment provided for under this Agreement on account be reduced by any compensation earned by Executive as a result of employment by another employer or by any remuneration attributable to any subsequent employment that retirement benefits received by Executive may obtainafter the date of the Covered Termination, or otherwise.

Appears in 106 contracts

Samples: Executive Employment Agreement (Petra Acquisition Inc.), Executive Employment Agreement (GEN Restaurant Group, Inc.), Executive Employment Agreement (DocGo Inc.)

Mitigation. Except as otherwise specifically provided herein, Executive shall not be required to mitigate damages or the amount of any payment or benefit provided for in under this Agreement by seeking other employment or otherwise and there otherwise, nor shall be no offset against amounts due Executive the amount of any payment provided for under this Agreement on account be reduced by any compensation earned by Executive as a result of employment by another employer or by any remuneration attributable to any subsequent employment that retirement benefits received by Executive may obtainafter the date of the Covered Termination.

Appears in 72 contracts

Samples: Executive Severance Benefits Agreement (Sunesis Pharmaceuticals Inc), Executive Severance Benefits Agreement (Sunesis Pharmaceuticals Inc), Executive Severance Benefits Agreement (Cv Therapeutics Inc)

Mitigation. Executive shall not be required to mitigate the amount of any payment or benefit provided for in this Agreement by seeking other employment or otherwise otherwise, and there shall be no offset against amounts due Executive under this Agreement on account of any remuneration attributable to any subsequent employment that Executive may obtain.

Appears in 47 contracts

Samples: Employment Agreement (Sungard Capital Corp Ii), Agreement (Sungard Capital Corp Ii), Executive Severance Agreement (Nationwide Life Insurance Co)

Mitigation. Executive shall will not be required to mitigate the amount of any payment or benefit provided for in amounts payable under this Agreement by seeking other employment or otherwise otherwise, and there shall will be no offset against amounts due Executive under this Agreement on account of any remuneration attributable to any subsequent employment that Executive may obtainexcept as specifically provided herein.

Appears in 43 contracts

Samples: Change of Control Agreement (Southwest Bancorp Inc), Employment Agreement (Chaparral Energy, Inc.), Executive Employment Agreement (Business First Bancshares, Inc.)

Mitigation. The Executive shall not be required to mitigate the amount of any payment or benefit provided for in this Agreement by seeking other employment or otherwise and there no such payment shall be no offset against amounts due Executive under this Agreement on account or reduced by the amount of any remuneration attributable compensation or benefits provided to the Executive in any subsequent employment that Executive may obtainemployment.

Appears in 36 contracts

Samples: Retention and Severance Agreement (Hologic Inc), Change of Control Agreement (Hologic Inc), Retention and Severance Agreement (Hologic Inc)

Mitigation. The Executive shall not be required to mitigate the amount of any payment or benefit provided for in this Agreement by seeking other employment or otherwise and there otherwise. None of the Company or any of its affiliates shall be no offset entitled to set off against the amounts due payable to the Executive under this Agreement on account any amounts owed to the Company or any of its affiliates by the Executive, any remuneration attributable to amounts earned by the Executive in other employment after his Termination Date, or any subsequent amounts which might have been earned by the Executive in other employment that Executive may obtainhad he sought such other employment.

Appears in 34 contracts

Samples: Change in Control Agreement (Ferrellgas Partners Finance Corp), Employment Agreement (Ferrellgas Finance Corp), Change in Control Agreement (Ferrellgas Partners Finance Corp)

Mitigation. Executive shall not be required to mitigate damages or the amount of any payment or benefit provided for in under this Agreement by seeking other employment or otherwise, and compensation earned from such employment or otherwise and there shall be no offset against not reduce the amounts due Executive otherwise payable under this Agreement. No amounts payable under this Agreement on account shall be subject to reduction or offset in respect of any remuneration attributable to claims which the Company (or any subsequent employment that Executive other person or entity) may obtainhave against Executive.

Appears in 30 contracts

Samples: Termination Protection Agreement (Thomas & Betts Corp), Termination Protection Agreement (Thomas & Betts Corp), Corporation Termination Protection Agreement (Viewpoint Corp)

Mitigation. Executive shall not be required to mitigate the amount of any payment or benefit provided for in this Agreement by seeking other employment or otherwise and there otherwise, nor shall be no offset against amounts due Executive under the amount of any payment provided for in this Agreement on account be reduced by any compensation earned by Executive as the result of any remuneration attributable to any subsequent employment that Executive may obtainby another employer after the date of termination of Executive’s employment with Employer, or otherwise.

Appears in 21 contracts

Samples: Employment Agreement (Rosetta Resources Inc.), Employment Agreement (Rosetta Resources Inc.), Consulting Agreement (Hyperdynamics Corp)

Mitigation. Executive shall will not be required to mitigate the amount of any payment or benefit payments provided for in under this Agreement by seeking other employment or otherwise and there otherwise, nor shall be no offset against amounts due Executive the amount of payments provided for under this Agreement on account be reduced by any compensation earned by Executive as the result of employment by another employer, by retirement benefits, by offset against any remuneration attributable amount claimed to any subsequent employment that be owed by Executive may obtainto the Company, or otherwise.

Appears in 19 contracts

Samples: Employment Agreement (Miller Energy Resources, Inc.), Employment Agreement (Miller Energy Resources, Inc.), Employment Agreement (Miller Energy Resources, Inc.)

Mitigation. The Executive shall not be required to mitigate damages or the amount of any payment or benefit provided for in under this Agreement by seeking or accepting other employment or otherwise, and compensation earned from such employment or otherwise and there shall be no offset against not reduce the amounts due Executive otherwise payable under this Agreement on account of any remuneration attributable to any subsequent employment that Executive may obtainAgreement.

Appears in 18 contracts

Samples: Change in Control and Termination Agreement (Equity Inns Inc), Change in Control and Termination Agreement (Equity Inns Inc), Change in Control and Termination Agreement (Equity Inns Inc)

Mitigation. Executive shall not be required to mitigate the amount of any payment or benefit provided for in amounts payable under this Agreement by seeking other employment or otherwise otherwise, and there shall be no offset against amounts due Executive under this Agreement on account of subsequent employment. Additionally, amounts owed to Executive under this Agreement shall not be offset by any remuneration attributable claims the Company may have against Executive, and the Company's obligation to make the payments provided for in this Agreement and otherwise to perform its obligations hereunder shall not be affected by any subsequent employment that other circumstances, including, without limitation, any counterclaim, recoupment, defense or other right which the Company may have against Executive may obtainor others.

Appears in 17 contracts

Samples: Employment Agreement (Price Legacy Corp), Employment Agreement (Price Legacy Corp), Employment Agreement (Price Legacy Corp)

Mitigation. The Executive shall not be required to mitigate the amount of any payment or benefit provided for in this Agreement by seeking other employment or otherwise and there otherwise, nor shall be no offset against amounts due any profits, income or earnings or other benefits from any source whatsoever create any mitigation, offset, reduction or any other obligation on the part of Executive under this Agreement on account of any remuneration attributable to any subsequent employment that Executive may obtainhereunder.

Appears in 16 contracts

Samples: Executive Employment Agreement (Crown Holdings Inc), Senior Executive Employment Agreement (Crown Holdings Inc), Senior Executive Employment Agreement (Crown Holdings Inc)

Mitigation. Executive shall not be required to mitigate the amount of any payment or benefit provided for in this under the Agreement by seeking other employment or otherwise and there shall be no offset against amounts due Executive under this Agreement on account of in any remuneration attributable to any subsequent employment that Executive may obtainother manner.

Appears in 16 contracts

Samples: Employment Agreement (Parker Drilling Co /De/), Employment Agreement (Parker Drilling Co /De/), Employment Agreement (Parker Drilling Co /De/)

Mitigation. Executive shall not be required to mitigate the amount of any payment or benefit provided for in amounts payable under this Agreement by seeking other employment or otherwise otherwise, and there shall be no offset against amounts due Executive under this Agreement on account of any remuneration attributable to any subsequent employment that Executive may obtainexcept as specifically provided herein.

Appears in 16 contracts

Samples: Employment Agreement (Exide Technologies), Employment Agreement (Regency Energy Partners LP), And Restated Employment Agreement (Exide Technologies)

Mitigation. Executive shall not be required to mitigate the amount of any payment or benefit provided for in amounts payable under this Agreement by seeking other employment or otherwise otherwise, and there shall be no offset against amounts due Executive under this Agreement on account of subsequent employment. Amounts owed to Executive under this Agreement shall not be offset by any remuneration attributable to claims the Company may have against Executive and such payment shall not be affected by any subsequent employment that other circumstances, including, without limitation, any counterclaim, recoupment, defense, or other right which the Company may have against Executive may obtainor others.

Appears in 16 contracts

Samples: Employment Agreement (Mack Cali Realty Corp), Employment Agreement (United Airlines, Inc.), Employment Agreement (Acadia Realty Trust)

Mitigation. Executive shall not be required to mitigate the amount of any payment or benefit provided for in this Agreement herein by seeking other employment or otherwise and there shall not be no offset entitled to set-off against amounts due Executive under this Agreement on account the amount of any remuneration attributable payments made pursuant hereto with respect to any subsequent employment that compensation earned by Executive may obtainarising from other employment.

Appears in 13 contracts

Samples: Change in Control Agreement (Orrstown Financial Services Inc), Change in Control Agreement (Orrstown Financial Services Inc), Change in Control Agreement (Orrstown Financial Services Inc)

Mitigation. The Executive shall will not be required to mitigate the amount of any payment or benefit provided for in this Agreement by seeking other employment or otherwise and there shall no such payment will be no offset against amounts due Executive under this Agreement on account or reduced by the amount of any remuneration attributable compensation or benefits provided to the Executive in any subsequent employment that Executive may obtainother than as provided under Section 7(b)(ii)(C).

Appears in 13 contracts

Samples: Executive Employment Agreement (Princeton Review Inc), Executive Employment Agreement (Princeton Review Inc), Executive Employment Agreement (Princeton Review Inc)

Mitigation. Except as expressly provided for in this Agreement, the Executive shall not be required to mitigate the amount of any payment or benefit provided for in this Agreement by seeking other employment or otherwise and there shall the payments to be no offset against amounts due made to the Executive under this Agreement on account Sections 9 or 10 shall not be offset reduced in any respect in the event that the Executive shall not pursue alternative employment following the termination of the Executive’s employment with the Company or by the amount of any remuneration attributable compensation or other benefits provided to the Executive in any subsequent employment that Executive may obtainemployment.

Appears in 12 contracts

Samples: Executive Employment Agreement (City Office REIT, Inc.), Executive Employment Agreement (City Office REIT, Inc.), Executive Employment Agreement (City Office REIT, Inc.)

Mitigation. The Executive shall not be required to mitigate the amount of any payment or benefit provided for in this Agreement either by seeking other employment or otherwise and there shall be no offset against amounts due Executive under this Agreement on account otherwise. The amount of any payment provided for herein shall not be reduced by any remuneration attributable to any subsequent employment that the Executive may obtainearn from employment with another employer or otherwise following his Termination Date.

Appears in 12 contracts

Samples: Amendment and Waiver Agreement (Interpublic Group of Companies Inc), Supplemental Agreement (Interpublic Group of Companies, Inc.), Employment Agreement (Interpublic Group of Companies Inc)

Mitigation. Executive shall not be required to mitigate the amount of any payment or benefit provided for in amounts payable under this Agreement by seeking other employment or otherwise otherwise, and there shall be no offset against amounts due Executive under this Agreement on account of any remuneration attributable to any subsequent employment that except as specifically provided herein. Additionally, amounts owed to Executive under this Agreement shall not be offset by any claims the Company may obtain.have against the Executive

Appears in 12 contracts

Samples: Employment Agreement (Susser Holdings CORP), Employment Agreement (Susser Holdings CORP), Employment Agreement (Susser Holdings CORP)

Mitigation. Executive shall not be required to mitigate the amount of any payment or benefit provided for in under this Agreement by seeking other employment or otherwise and there nor will any payments provided for herein be subject to offset in respect of any claims which the Company may have against Executive and, except as specifically provided herein, the amount of any payment or benefit provided for in this Agreement shall not be no reduced by any compensation earned or benefits received by Executive as the result of employment by a future employer, by offset against amounts due Executive under this Agreement on account of any remuneration attributable amount claimed to any subsequent employment that Executive may obtainbe owed by him to the Company, or otherwise.

Appears in 12 contracts

Samples: Employment Agreement (Werner Holding Co Inc /Pa/), Employment Agreement (Werner Holding Co Inc /De/), Employment Agreement (Werner Holding Co Inc /De/)

Mitigation. Executive shall not be required to mitigate the amount of any payment or benefit provided for in pursuant to this Agreement by seeking other employment or otherwise and shall not be required to mitigate the amount of any such payment if he does obtain other employment, and there shall be no offset against amounts due Executive under this Agreement on account mitigation by the Company of any remuneration attributable to any subsequent employment that Executive may obtainsuch payment if he does obtain other employment.

Appears in 11 contracts

Samples: Change in Control Severance Agreement (Lasalle Hotel Properties), Change in Control Severance Agreement (Pebblebrook Hotel Trust), Change in Control Severance Agreement (Pebblebrook Hotel Trust)

Mitigation. Executive shall not be required to mitigate the amount of any payment or benefit provided for in this Agreement by seeking other employment or otherwise and there shall be no offset against amounts due Executive under this Agreement on account of any remuneration attributable to any subsequent employment that Executive may obtainotherwise.

Appears in 10 contracts

Samples: Employment Agreement (Acnb Corp), Agreement (Fidelity D & D Bancorp Inc), Employment Agreement (Acnb Corp)

Mitigation. Executive shall not be required to mitigate the amount of any payment or benefit provided for in amounts payable under this Agreement by seeking other employment or otherwise, and, except as otherwise provided in Section 10, 11 and 14 of this Agreement, there shall be no offset against amounts or benefits due Executive under this Agreement on account of any remuneration attributable to any subsequent employment that Executive may obtainand/or eligibility for benefits.

Appears in 10 contracts

Samples: Employment Agreement (Kitty Hawk Inc), Employment Agreement (Kitty Hawk Inc), Employment Agreement (Kitty Hawk Inc)

Mitigation. Executive shall not be required to mitigate the amount of any payment or benefit provided for in this Agreement by seeking other employment or otherwise and there nor shall the amount of any payment or benefit provided for in this Agreement be no reduced as the result of employment by another employer or self-employment or offset against amounts due any amount claimed to be owed by Executive under this Agreement on account of to the Company or otherwise, except that Executive shall waive, in a manner acceptable to the Company in its reasonable judgment, all rights to receive any remuneration attributable severance payments or benefits that Executive is entitled to receive pursuant to any subsequent employment that Executive may obtainother Company severance plan or program.

Appears in 9 contracts

Samples: Employment Agreement (Penn Virginia Resource Partners L P), Employment Agreement (Penn Virginia Resource Partners L P), Employment Agreement (Penn Virginia Resource Partners L P)

Mitigation. Executive shall not be required to mitigate the amount of any payment or benefit provided for in pursuant to this Agreement by seeking other employment, and shall not be required to mitigate the amount of any such payment if he does obtain other employment or otherwise and there shall be no offset against amounts due Executive under this Agreement on account mitigation by the Company of any remuneration attributable to any subsequent employment that Executive may obtainsuch payment if he does obtain other employment.

Appears in 9 contracts

Samples: Change in Control Severance Agreement (Lasalle Hotel Properties), Change in Control Severance Agreement (Lasalle Hotel Properties), Change in Control Severance Agreement (Lasalle Hotel Properties)

Mitigation. Executive shall not be required to mitigate the amount of any payment or benefit provided for in this Agreement its Agreement, whether by seeking other employment or otherwise and there otherwise, nor shall be no offset against amounts due Executive under this Agreement on account the amount of any remuneration attributable to payment provided for herein be reduced by any subsequent compensation earned or received by Executive as a result of his employment that Executive may obtainby another employer following his termination hereunder.

Appears in 8 contracts

Samples: Change in Control Severance Agreement (S Y Bancorp Inc), Prichard Agreement (Kentucky Bancshares Inc /Ky/), Change in Control Severance Agreement (S Y Bancorp Inc)

Mitigation. The Executive shall not be required to mitigate the amount of any payment or benefit provided for in this Agreement by seeking other employment or otherwise and there otherwise, nor shall be no offset against amounts due Executive under the amount of any payment provided for in this Agreement on account be reduced by any compensation earned by the Executive as a result of any remuneration attributable to any subsequent employment that Executive may obtainby another employer after the date of Termination, or otherwise.

Appears in 8 contracts

Samples: Change of Control Agreement (Quixote Corp), Change of Control Agreement (Quixote Corp), Change of Control Agreement (Quixote Corp)

Mitigation. The Executive shall not be required to mitigate the amount of any payment or benefit provided for in this Agreement either by seeking other employment or otherwise and there shall be no offset against amounts due Executive under this Agreement on account otherwise. The amount of any payment provided for herein shall not be reduced by any remuneration attributable to any subsequent employment that the Executive may obtainearn from employment with another employer or otherwise following his Qualifying Termination.

Appears in 6 contracts

Samples: Executive Severance Agreement (Gte North Inc), Executive Severance Agreement (Gte Corp), Executive Severance Agreement (Gte Corp)

Mitigation. Executive shall not be required to mitigate damages or the amount of any payment or benefit provided for in under this Agreement by seeking other employment or otherwise and there otherwise, nor shall be no offset against amounts due Executive the amount of any payment provided for under this Agreement on account be reduced by any compensation earned by Executive as a result of any remuneration attributable to any subsequent employment that Executive may obtainby another employer or otherwise.

Appears in 6 contracts

Samples: Executive Employment Agreement (Exar Corp), Executive Employment Agreement (Exar Corp), Consulting Agreement (Exar Corp)

Mitigation. Executive shall not be required to mitigate the amount of ---------- any payment or benefit provided for in this Agreement by seeking other employment or otherwise and there shall be no offset against amounts due Executive under this Agreement on account of any remuneration attributable to any subsequent employment that Executive he may obtain.

Appears in 6 contracts

Samples: Employment Agreement (Waypoint Financial Corp), Employment Agreement (Harris Financial Inc), Employment Agreement (Harris Financial Inc)

Mitigation. The Executive shall not be required to mitigate the amount of any payment or benefit other benefits provided for in under this Agreement by seeking other employment and none of these payments or otherwise and there shall other benefits may be no offset against amounts due Executive under this Agreement on account of reduced by any remuneration attributable to any subsequent employment salary or other benefits that Executive may obtainearn.

Appears in 6 contracts

Samples: Employment Agreement (VDC Communications Inc), Employment Agreement (VDC Communications Inc), Employment Agreement (VDC Corp LTD)

Mitigation. The Executive shall not be obligated to seek other employment in mitigation of the amounts payable or arrangements made under any provision of this Agreement, and the obtaining of any such other employment shall in no event effect any reduction of the Bank's obligation to make the payments and arrangements required to mitigate the amount of any payment or benefit provided for in this Agreement by seeking other employment or otherwise and there shall be no offset against amounts due Executive made under this Agreement on account of any remuneration attributable to any subsequent employment that Executive may obtainAgreement.

Appears in 5 contracts

Samples: Employment Agreement (First Bancorp /Pr/), Employment Agreement (First Bancorp /Pr/), Employment Agreement (First Bancorp /Pr/)

Mitigation. The Executive shall not be required to mitigate the amount of any payment or benefit provided for in this Agreement by seeking other employment or otherwise and there shall be no offset against amounts due Executive under this Agreement on account of any remuneration attributable to any subsequent employment that Executive may obtainotherwise.

Appears in 5 contracts

Samples: Employment Agreement (Ari Network Services Inc /Wi), Employment Agreement (Ari Network Services Inc /Wi), Employment Agreement (Ari Network Services Inc /Wi)

Mitigation. Executive shall not be required to mitigate the amount of any payment or benefit provided for in this Agreement by seeking other employment or otherwise and there shall be no offset against amounts due Executive under this Agreement on account of any remuneration attributable to any subsequent employment employment, insurance or other proceeds that Executive may obtain.

Appears in 5 contracts

Samples: Employment Agreement (RAIT Financial Trust), Employment Agreement (RAIT Financial Trust), Employment Agreement (RAIT Financial Trust)

Mitigation. Executive shall not be required to mitigate the amount of any payment or benefit provided for in this Agreement by seeking other employment or otherwise and there shall be no offset against amounts due Executive under this Agreement on account of any remuneration attributable to any subsequent employment that Executive may obtainotherwise.

Appears in 5 contracts

Samples: Employment Agreement (Ari Network Services Inc /Wi), Employment Agreement (Ari Network Services Inc /Wi), Employment Agreement (Ari Network Services Inc /Wi)

Mitigation. The Executive shall will not be required to mitigate the amount of any payment or benefit provided for in this Agreement by seeking other employment or otherwise and there shall no such payment will be no offset against amounts due Executive under this Agreement on account or reduced by the amount of any remuneration attributable compensation or benefits provided to the Executive in any subsequent employment that Executive may obtainother than as provided under Sections 7(b)(ii)(D) and 7(b)(v)(D).

Appears in 5 contracts

Samples: Employment Agreement (Polymedica Corp), Employment Agreement (Polymedica Corp), Employment Agreement (Polymedica Corp)

Mitigation. The Executive shall not be required to mitigate the amount of any payment or benefit provided for in this Agreement by seeking other employment or otherwise and there shall be no offset against amounts due the Executive under this Agreement on account of any remuneration attributable to any subsequent employment that the Executive may obtain.

Appears in 4 contracts

Samples: Employment Agreement (Atlas Resource Partners, L.P.), Employment Agreement (Atlas Resource Partners, L.P.), Employment Agreement (Titan Energy, LLC)

Mitigation. The Executive shall not be required to mitigate the amount of any payment or benefit provided for in pursuant to this Agreement by seeking other employment or otherwise employment, and there shall be no offset against amounts any amount or benefit due to the Executive under this Agreement Agreement, or otherwise, on account of any remuneration attributable to any subsequent or other benefit earned or received by the Executive after termination of his employment that Executive may obtainhereunder.

Appears in 4 contracts

Samples: Employment Agreement (Pxre Group LTD), Employment Agreement (Pxre Group LTD), Employment Agreement (Pxre Group LTD)

Mitigation. Executive shall not be required to mitigate the amount of any payment or benefit provided for in required to be paid to Executive pursuant to this Agreement Agreement, whether by seeking other employment or otherwise and there otherwise, nor shall the amount of any such payment be no offset against amounts due Executive under this Agreement reduced on account of any remuneration attributable to any subsequent compensation earned by Executive as a result of employment that Executive may obtainby another Person.

Appears in 4 contracts

Samples: Severance Agreement (FTS International, Inc.), Severance Agreement (FTS International, Inc.), Severance Agreement (FTS International, Inc.)

Mitigation. The Executive shall not be required to mitigate the amount of any payment or benefit provided for in this Agreement by seeking other employment or otherwise and there shall be no offset against amounts due the Executive under this Agreement on account of any remuneration attributable to any subsequent employment that Executive may obtain.

Appears in 4 contracts

Samples: Retention Agreement (Winn Dixie Stores Inc), Retention Agreement (Winn Dixie Stores Inc), Retention Agreement (Winn Dixie Stores Inc)

Mitigation. Executive shall not be required to mitigate the amount of any payment or benefit provided for in this Agreement by seeking other employment or otherwise and there otherwise, nor shall be no offset against amounts due Executive under this Agreement on account the amount of any remuneration attributable to payment or benefit provided for herein be reduced by any subsequent compensation or any retirement benefit heretofore or hereafter earned by Executive as the result of employment that Executive may obtainby any other person, firm or corporation.

Appears in 4 contracts

Samples: Employment Agreement (Atlas America Inc), Employment Agreement (Atlas Energy, L.P.), Employment Agreement (Atlas America Inc)

Mitigation. Executive shall not be required to mitigate the amount of any payment payment, benefit or benefit entitlement provided for in pursuant to this Agreement or otherwise by seeking other employment or otherwise employment, and shall not be required to mitigate the amount of there shall be no offset against amounts due Executive under this Agreement on account of any remuneration attributable to any subsequent employment that Executive may obtainsuch payment, benefit or entitlement if he does obtain other employment.

Appears in 4 contracts

Samples: Employment Agreement (Pxre Group LTD), Employment Agreement (Pxre Group LTD), Employment Agreement (Pxre Group LTD)

Mitigation. Executive shall not be required to mitigate the amount of any payment or benefit provided for in amounts ---------- payable under this Agreement by seeking other employment or otherwise otherwise, and there shall be no offset against amounts due Executive under this Agreement on account of any remuneration attributable to any subsequent employment that Executive may obtainexcept as specifically provided herein.

Appears in 4 contracts

Samples: Employment Agreement (Petro Stopping Centers L P), Employment Agreement (Petro Stopping Centers L P), Employment Agreement (Petro Stopping Centers L P)

Mitigation. Executive shall not be required to mitigate the amount of any payment or benefit provided for in this Agreement by seeking other employment or otherwise and there shall be no offset against amounts due Executive under this Agreement on account of any remuneration attributable to any subsequent employment that Executive he may obtain.

Appears in 3 contracts

Samples: Employment Agreement (North Atlantic Energy Corp /Nh), Employment Agreement (Harris Financial Inc), Employment Agreement (North Atlantic Energy Corp /Nh)

Mitigation. The Executive shall not be required to mitigate the amount of any payment or benefit benefits provided for in by this Agreement by seeking other employment or otherwise and there otherwise. Further the amount of any payment or benefits provided for in this Agreement shall not be no reduced by any compensation earned by the Executive as a result of employment by another employer, by retirement benefits, by offset against amounts due any amount claimed to be owed by the Executive under this Agreement on account of any remuneration attributable to any subsequent employment that Executive may obtainthe Company or otherwise.

Appears in 3 contracts

Samples: Executive Transition Agreement (Kadant Inc), Executive Transition Agreement (Kadant Inc), Executive Transition Agreement (Kadant Inc)

Mitigation. The Executive shall not be required to mitigate the amount of any payment or benefit benefits provided for in this Agreement by seeking other employment or otherwise and there otherwise. Further, the amount of any payment or benefits provided for in this Agreement shall not be no reduced by any compensation earned by the Executive as a result of employment by another employer, by retirement benefits, by offset against amounts due any amount claimed to be owed by the Executive under this Agreement on account of any remuneration attributable to any subsequent employment that Executive may obtainthe Company or otherwise.

Appears in 3 contracts

Samples: Form of Executive Retention Agreement (Commvault Systems Inc), Executive Severance and Retention Agreement (Oclaro, Inc.), Form of Executive Retention Agreement (Commvault Systems Inc)

Mitigation. Executive shall not be required to mitigate the amount of any payment or benefit provided for in pursuant to this Agreement by seeking other employment or otherwise employment, and there shall not be no offset against amounts due Executive under this Agreement on account required to mitigate the amount of any remuneration attributable to any subsequent employment that Executive may obtainsuch payment if he does obtain other employment.

Appears in 3 contracts

Samples: Employment Agreement (Pxre Group LTD), Employment Agreement (SVT Inc), Employment Agreement (SVT Inc)

Mitigation. Executive shall not be required to mitigate the amount of any payment or benefit provided for in pursuant to this Agreement by seeking other employment or otherwise and there shall be no offset against amounts due Executive under employment, taking into account the provisions of Section 9 of this Agreement on account of any remuneration attributable to any subsequent employment that Executive may obtainAgreement.

Appears in 3 contracts

Samples: Employment Agreement (Polypore International, Inc.), Employment Agreement (Polypore, Inc.), Employment Agreement (Polypore International, Inc.)

Mitigation. The Executive shall is not be required to seek other employment or otherwise mitigate the amount of any payment or benefit provided for in payments to be made by the Company pursuant to this Agreement Agreement, and employment by seeking other employment the Executive will not reduce or otherwise and there shall be no offset against affect any amounts or benefits due the Executive under pursuant to this Agreement on account of any remuneration attributable to any subsequent employment that Executive may obtainAgreement.

Appears in 3 contracts

Samples: Termination Benefits Agreement (Henry Jack & Associates Inc), Termination Benefits Agreement (Henry Jack & Associates Inc), Termination Benefits Agreement (Henry Jack & Associates Inc)

Mitigation. Executive shall not be required to mitigate the amount of ---------- any payment payment, benefit, or benefit other Trust obligation provided for in this Agreement by seeking other employment or otherwise and there no such payment, benefit or other Trust obligation shall be no offset against amounts due Executive under this Agreement on account or reduced by the amount of any remuneration attributable compensation or benefits provided to Executive in any subsequent employment that Executive may obtainemployment.

Appears in 3 contracts

Samples: Employment Agreement (Federal Realty Investment Trust), Executive Agreement (Federal Realty Investment Trust), Executive Agreement (Federal Realty Investment Trust)

Mitigation. Executive shall not be required to mitigate the amount of any payment or benefit provided for in pursuant to this Agreement by seeking other employment or otherwise and there shall be no offset against amounts due Executive under the amount of any payment provided for pursuant to this Agreement on account shall not be reduced by any compensation earned as a result of any remuneration attributable to any subsequent Executive’s other employment that Executive may obtainor otherwise.

Appears in 2 contracts

Samples: Employment Agreement (MP Materials Corp. / DE), Employment Agreement (MP Materials Corp. / DE)

Mitigation. The Executive shall not be required to mitigate the amount of any payment or benefit provided for in amounts payable pursuant to this Agreement by seeking other employment or otherwise and there otherwise, nor shall such payments be no offset against amounts due Executive under this Agreement reduced on account of any remuneration earned by the Executive attributable to employment by another employer, by retirement benefits, by offset against any subsequent employment that amount claimed to be owed by the Executive may obtainto the Company, or otherwise.

Appears in 2 contracts

Samples: Employment Agreement (Jennifer Convertibles Inc), Employment Agreement (Jennifer Convertibles Inc)

Mitigation. The Executive shall not be required to mitigate the amount of any payment or benefit provided for in this Agreement by seeking other employment or otherwise otherwise, and there shall be no offset against amounts due Executive under the amount of any payment or benefit provided for in this Agreement on account shall not be reduced by any compensation earned by the Executive as a result of any remuneration attributable to any subsequent employment that Executive may obtainby another employee or by retirement benefits except as provided in Sections 2(b) and 2(c) hereof.

Appears in 2 contracts

Samples: Severance Benefits Agreement (Skytel Communications Inc), Severance Benefits Agreement (Skytel Communications Inc)

Mitigation. Executive shall not be required to mitigate the amount of any payment or benefit provided for in amounts payable under this Agreement by seeking other employment or otherwise otherwise, and there shall be no offset against amounts due Executive under this Agreement on account of any remuneration attributable to any subsequent employment that except as specifically provided herein. Additionally, subject to Section 5(g), amounts due to Executive under this Agreement shall not be offset by any claims the Company may obtainhave against Executive.

Appears in 2 contracts

Samples: Employment Agreement (Basanite, Inc.), Employment Agreement (Basanite, Inc.)

Mitigation. Executive shall not be required to mitigate the amount of any payment or benefit provided for in this Agreement by seeking other employment or otherwise and there shall be no offset against amounts due Executive under this Agreement on account of any remuneration attributable to any subsequent employment that Executive may obtain. 9.

Appears in 2 contracts

Samples: Employment Agreement (Concord Efs Inc), Employment Agreement (Concord Efs Inc)

Mitigation. Executive shall not be required to mitigate the amount of any payment or benefit provided for in amounts payable pursuant to this Agreement by seeking other employment or otherwise and there shall be no offset against amounts due Executive under this Agreement on account of any remuneration attributable to any subsequent employment that Executive may obtainotherwise.

Appears in 2 contracts

Samples: Employment Agreement (Sharper Image Corp), Employment Agreement (Sharper Image Corp)

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Mitigation. Executive shall not be required to mitigate the amount of ---------- any payment or benefit provided for in this Agreement by seeking other employment or otherwise and there shall be no offset against amounts due Executive under this Agreement on account of any remuneration attributable to any subsequent employment that Executive may obtain.

Appears in 2 contracts

Samples: Employment Agreement (Fore Systems Inc /De/), Employment Agreement (Immunomedics Inc)

Mitigation. Executive shall not be required to mitigate the amount of any payment or benefit provided for in this Agreement by seeking other employment or otherwise and there nor shall the amount of any payment or benefit provided for in this Agreement be no reduced by any compensation earned or benefit received by Executive as the result of employment by another employer or self-employment, by retirement benefits, by offset against amounts due any amount claimed to be owed by Executive under this Agreement on account of any remuneration attributable to any subsequent employment that Executive may obtainthe Company or otherwise.

Appears in 2 contracts

Samples: Retirement Agreement (Complete Production Services, Inc.), Retirement Agreement (Complete Production Services, Inc.)

Mitigation. The Executive shall will not be required obligated to mitigate the amount of any payment or benefit provided for in this Agreement by seeking seek other employment or otherwise and there shall be no offset against in mitigation of the amounts due Executive payable under this Agreement on account Agreement, and obtaining other employment will in no event effect any reduction of any remuneration attributable the Company’s obligations to any subsequent employment that Executive may obtainmake the severance benefit payment required under this Agreement.

Appears in 2 contracts

Samples: Executive Retention Agreement (McClatchy Co), Executive Retention Agreement (McClatchy Co)

Mitigation. Executive shall not be required to mitigate the amount of any payment or benefit provided for in amounts payable under this Agreement by seeking other employment or otherwise and otherwise, and, notwithstanding Section 8 hereof, there shall be no offset against amounts due Executive under this Agreement on account of any remuneration attributable to any subsequent employment that Executive may obtainexcept as specifically provided herein.

Appears in 2 contracts

Samples: Employment Agreement (Fleming Companies Inc /Ok/), Employment Agreement (Fleming Companies Inc /Ok/)

Mitigation. The Executive shall not be required to mitigate the amount of any payment or benefit provided for in this Agreement by seeking other employment or otherwise and there otherwise, nor shall be no offset against amounts due any profits, income or earnings or other benefits from any source whatsoever create any mitigation, offset, reduction or any other obligation on the part of the Executive under this Agreement on account of any remuneration attributable to any subsequent employment that Executive may obtainhereunder.

Appears in 2 contracts

Samples: Executive Employment Agreement (Crown Holdings Inc), Executive Employment Agreement (Crown Holdings Inc)

Mitigation. Executive shall will not be required to mitigate the amount of any payment or benefit provided for in amounts payable under this Agreement by seeking other employment or otherwise otherwise, and there shall will be no offset against amounts due Executive under this Agreement on account of any remuneration attributable to any subsequent employment that Executive may obtain.except as specifically provided herein. LA\2083111.2

Appears in 1 contract

Samples: Employment Agreement (Chaparral Energy, Inc.)

Mitigation. Executive shall not be required to mitigate the amount of ---------- any payment payment, benefit, or benefit other Company obligation provided for in this Agreement by seeking other employment or otherwise and there no such payment, benefit or other Company obligation shall be no offset against amounts due Executive under this Agreement on account or reduced by the amount of any remuneration attributable compensation or benefits provided to Executive in any subsequent employment that Executive may obtainemployment.

Appears in 1 contract

Samples: Executive Employment Agreement (Tellium Inc)

Mitigation. The Executive shall not be required to mitigate the amount of any payment or benefit provided for in this Agreement by seeking other employment or otherwise and there otherwise, nor shall be no offset against amounts due any profits, income or earnings or other benefits from any source whatsoever createany mitigation, offset, reduction or any other obligation on the part of Executive under this Agreement on account of any remuneration attributable to any subsequent employment that Executive may obtainhereunder.

Appears in 1 contract

Samples: Executive Employment Agreement (Crown Holdings Inc)

Mitigation. Executive shall not be required to mitigate the amount of any payment or other benefit provided for in required to be paid to Executive pursuant to this Agreement Agreement, whether by seeking other employment or otherwise and there otherwise, nor shall the amount of any such payment or other benefit be no offset against amounts due Executive under this Agreement reduced on account of any remuneration attributable to any subsequent compensation earned by Executive as a result of employment that Executive may obtainby another Person.

Appears in 1 contract

Samples: Employment Agreement (FTS International, Inc.)

Mitigation. The Executive shall will not be required to mitigate the amount of any payment or benefit provided for in this Agreement by seeking seek other employment or otherwise and there shall be no offset against amounts due Executive under this Agreement on account mitigate the value of any remuneration attributable to severance benefits or payments contemplated by this Agreement, nor will any subsequent employment benefits or payments be reduced by any earnings or benefits that the Executive may obtainreceive from any other source. Amounts payable hereunder will not be subject to set-off, counterclaim, recoupment, defense or other right which the Company may have against the Executive or others.

Appears in 1 contract

Samples: Employment Agreement (Borland Software Corp)

Mitigation. Executive shall not be required obligated to mitigate the amount of any payment or benefit provided for in this Agreement by seeking seek other employment or otherwise and there shall be no offset against in mitigation of the amounts due Executive payable under any provision of this Agreement on account of any remuneration attributable to any subsequent employment that Executive may obtainAgreement.

Appears in 1 contract

Samples: Employment Agreement (Kellwood Co)

Mitigation. Executive shall not be required to mitigate the amount of any payment or benefit provided for in under this Agreement by seeking other employment or otherwise and there the amount of any payment or benefit provided for in this Agreement shall not be no reduced by any compensation earned or benefits received by Executive as the result of employment by a future employer, by offset against any amount claimed to be owed by him to the Company (except amounts due Executive under this Agreement on account of any remuneration attributable owed to the Company pursuant to any subsequent employment loan or other advance that Executive may obtainis then due), or otherwise.

Appears in 1 contract

Samples: Employment Agreement (Werner Holding Co Inc /De/)

Mitigation. Executive shall not be required to mitigate the amount of any payment or benefit provided for in this Agreement by seeking other employment or otherwise otherwise, and except as other specifically provided herein, there shall be no offset against amounts due Executive under this Agreement on account of any remuneration attributable to any subsequent employment that Executive may obtain.

Appears in 1 contract

Samples: Employment Agreement (Vertrue Inc)

Mitigation. Executive shall not be required to mitigate the ---------- amount of any payment payment, benefit, or benefit other Trust obligation provided for in this Agreement by seeking other employment or otherwise and there no such payment, benefit or other Trust obligation shall be no offset against amounts due Executive under this Agreement on account or reduced by the amount of any remuneration attributable compensation or benefits provided to Executive in any subsequent employment that Executive may obtainemployment.

Appears in 1 contract

Samples: Executive Agreement (Federal Realty Investment Trust)

Mitigation. Executive shall not be required to mitigate the amount of any payment or benefit provided for in amounts payable under this Agreement by seeking other employment or otherwise otherwise, and there shall be no offset against amounts due Executive under this Agreement on account of any remuneration attributable subsequent employment. Additionally, amounts owed to any subsequent employment that Executive may obtain.under this

Appears in 1 contract

Samples: Employment Agreement (New Plan Excel Realty Trust Inc)

Mitigation. Except as may be otherwise expressly stated in this Agreement, the Executive shall not be required to mitigate the amount of any payment or other benefit provided for in required to be paid to the Executive pursuant to this Agreement Agreement, whether by seeking other employment or otherwise and there otherwise, nor shall the amount of any such payment or other benefit be no offset against amounts due Executive under this Agreement reduced on account of any remuneration attributable to any subsequent compensation earned by the Executive as a result of his employment that Executive may obtainby another person.

Appears in 1 contract

Samples: Employment Agreement (Global Industries LTD)

Mitigation. Executive shall not be required to mitigate the amount of any payment or benefit provided for in this Agreement by seeking other employment mployment or otherwise and there shall be no offset against amounts due Executive under this Agreement on account of any remuneration attributable to any subsequent employment that Executive may obtain.

Appears in 1 contract

Samples: Employment Agreement (Northeast Utilities System)

Mitigation. The Executive shall is not be required to seek other employment or otherwise mitigate the amount of any payment or benefit provided for in payments to be made by the Company pursuant to this Agreement Agreement, and employment by seeking other employment the Executive will not reduce or otherwise and there shall be no offset against affect any amounts or benefits due the Executive under pursuant to this Agreement on account of any remuneration attributable to any subsequent employment that Executive may obtainAgreement, except as otherwise provided in Section 10(c).

Appears in 1 contract

Samples: Termination Benefits Agreement (McDonnell Douglas Corp)

Mitigation. Executive shall not be required to mitigate damages or the amount of any payment or benefit provided for in under this Agreement by seeking or accepting other employment or otherwise, and compensation earned from such employment or otherwise and there shall be no offset against not reduce the amounts due Executive otherwise payable under this Agreement on account of any remuneration attributable to any subsequent employment that Executive may obtainAgreement.

Appears in 1 contract

Samples: Benefits Agreement (Ethyl Corp)

Mitigation. The Executive shall not be required to mitigate the amount of any payment or benefit benefits provided for in by this Agreement by seeking other employment or otherwise and there otherwise. Further the amount of any payment or benefits provided for in this Agreement shall not be no reduced by any compensation earned by the Executive as a result of employment by another employer, by retirement benefits or other compensation, by offset against amounts due any amount claimed to be owed by the Executive under this Agreement on account of any remuneration attributable to any subsequent employment that Executive may obtainthe Company or otherwise.

Appears in 1 contract

Samples: Transition and Executive Chairman Agreement (Kadant Inc)

Mitigation. The Executive shall not be required to mitigate the amount of any payment or benefit provided for in this Agreement by seeking other employment or otherwise and there no such payment shall be no offset against amounts due Executive under this Agreement on account or reduced by the amount of any remuneration attributable compensation or benefits provided to the Executive in any subsequent employment that Executive may obtain.employment. ​

Appears in 1 contract

Samples: Severance and Change of Control Agreement (Idera Pharmaceuticals, Inc.)

Mitigation. Executive shall not be required to mitigate the amount of any premium payment or other benefit provided for in this Agreement by seeking other employment or otherwise and there shall be no offset against amounts due Executive under this Agreement on account of any remuneration attributable to any subsequent employment that Executive may obtainemployment.

Appears in 1 contract

Samples: Health Coverage (Federal Realty Investment Trust)

Mitigation. Executive shall not be required to mitigate the amount of any payment or benefit provided for in amounts payable under this Agreement by seeking other employment or otherwise, and, except as otherwise and provided in Section 13 of this Agreement, there shall be no offset against amounts due Executive under this Agreement on account of any remuneration attributable to any subsequent employment that Executive may obtainemployment.

Appears in 1 contract

Samples: Employment Agreement (Kitty Hawk Inc)

Mitigation. Executive shall not be required to mitigate the amount of any payment or benefit provided for in under this Agreement by seeking other employment or otherwise otherwise, and there shall be no offset against amounts due Executive under this Agreement on account of any remuneration attributable to any subsequent employment that Executive may obtain.

Appears in 1 contract

Samples: Employment Agreement (STR Holdings, Inc.)

Mitigation. Executive shall not be required to mitigate the amount of any payment or benefit provided for in this Agreement by seeking other employment or otherwise and there otherwise, nor shall the amount of any payment or benefit provided for in this Agreement be no reduced by any compensation or benefit earned by Executive as a result of employment by another employer, self-employment earnings, by retirement benefits, by offset against amounts due any amount claimed to be owing by Executive under this Agreement on account of any remuneration attributable to any subsequent employment that Executive may obtainthe Company, or otherwise.

Appears in 1 contract

Samples: Employment Agreement (Mission Resources Corp)

Mitigation. Executive shall not be required to mitigate the amount of any payment or benefit provided for in amounts payable under this Agreement by seeking other employment or otherwise otherwise, and there shall be no offset against amounts due Executive under this Agreement on account of any remuneration attributable to any subsequent employment that Executive may obtainemployment.

Appears in 1 contract

Samples: Employment Agreement (New Plan Excel Realty Trust Inc)

Mitigation. The Executive shall will not be required to mitigate the amount of any payment or benefit provided for in this Agreement by seeking other employment or otherwise and there shall no such payment will be no offset against amounts due Executive under this Agreement on account or reduced by the amount of any remuneration attributable compensation or benefits provided to the Executive in any subsequent employment that Executive may obtainother than as provided under Section 7(b)(ii)(D).

Appears in 1 contract

Samples: Employment Agreement (Polymedica Corp)

Mitigation. Executive shall not be obligated to seek other employment in mitigation of the amounts payable or arrangements made under any provision of this Agreement, and the obtaining of any such other employment shall in no event effect any reduction of the Company’s obligation to make the payments and arrangements required to mitigate the amount of any payment or benefit provided for in this Agreement by seeking other employment or otherwise and there shall be no offset against amounts due Executive made under this Agreement on account of any remuneration attributable to any subsequent employment that Executive may obtainAgreement.

Appears in 1 contract

Samples: Employment Agreement (First Bancorp /Pr/)

Mitigation. Executive shall not be required to mitigate the amount of any payment or benefit provided for in this Agreement by seeking other employment or otherwise and there otherwise, nor shall any reduction be no offset against amounts due Executive under this Agreement on account of made for any remuneration attributable to any subsequent employment other compensation that Executive may obtainearns from a subsequent employer (including self-employment).

Appears in 1 contract

Samples: Employment Agreement (Naked Brand Group Inc.)

Mitigation. The Executive shall not be required to mitigate the amount of any payment or benefit provided for in this Agreement agreement by seeking other employment or otherwise and there no such payment shall be no offset against amounts due Executive under this Agreement on account or reduced by the amount of any remuneration attributable compensation or benefits provided to the Executive in any subsequent employment that Executive may obtainor otherwise.

Appears in 1 contract

Samples: Separation Agreement (Hologic Inc)

Mitigation. The Executive shall not be required to mitigate the amount of any payment or benefit provided for in amounts payable pursuant to this Agreement by seeking other employment or otherwise otherwise, and there no payments or benefits shall be no offset against amounts due Executive under this Agreement on account of any remuneration attributable subject to any subsequent employment that Executive may obtainmitigation.

Appears in 1 contract

Samples: Employment Agreement (Sharper Image Corp)

Mitigation. Except as otherwise specifically provided herein, Executive shall not be required to mitigate the amount of any payment or benefit provided for in under this Agreement by seeking other employment or otherwise and there self-employment, nor shall be no offset against amounts due Executive the amount of any payment provided for under this Agreement on account be reduced by any compensation earned by Executive as a result of any remuneration attributable to any subsequent employment that Executive may obtain.by

Appears in 1 contract

Samples: Security Agreement (Neurocrine Biosciences Inc)

Mitigation. Executive shall not be required to mitigate the amount of any payment or benefit provided for in under this Agreement by seeking other employment or otherwise and there nor will any payments provided for herein be subject to offset in respect of any claims which the Company may have against Executive and, except as specifically provided herein, the amount of any payment or benefit provided for in this Agreement shall not be no reduced by any compensation earned or benefits received by Executive as the result of employment by another employer, by offset against amounts due Executive under this Agreement on account of any remuneration attributable amount claimed to any subsequent employment that Executive may obtainbe owed by him to the Company, or otherwise.

Appears in 1 contract

Samples: Employment Agreement (Color Tile Inc)

Mitigation. The Executive shall not be required to mitigate the amount of any payment or benefit provided for in this Agreement by seeking other employment or otherwise otherwise, and there no such payment shall be no offset against amounts due Executive under this Agreement on account or reduced by the amount of any remuneration attributable compensation or benefits provided to the Executive in any subsequent employment that Executive may obtainemployment. 5.

Appears in 1 contract

Samples: Control Agreement (Barefoot Inc /De)

Mitigation. The Executive shall not be required to mitigate the amount of any payment or benefit provided for in this Agreement agreement by seeking other employment or otherwise and there no such payment shall be no offset against amounts due Executive under this Agreement on account or reduced by the amount of any remuneration attributable compensation or benefits provided to the Executive in any subsequent employment that Executive may obtainemployment.

Appears in 1 contract

Samples: Separation Agreement (Hologic Inc)

Mitigation. Executive shall not be required to mitigate the amount of any payment or benefit provided for in this Agreement by seeking other employment or otherwise and there otherwise. Employer shall not be no offset entitled to set off against the amounts due payable to Executive under this Agreement on account any amounts earned by Executive in other employment after termination of his employment with Employer, or any remuneration attributable to any subsequent amounts which might have been earned by Executive in other employment that Executive may obtainhad he sought such other employment.

Appears in 1 contract

Samples: Transition Agreement (Diligent Board Member Services, Inc.)

Mitigation. Executive shall not be required to mitigate the amount of any payment or benefit provided for in amounts payable under this Agreement by seeking other employment or otherwise and otherwise, and, not withstanding Section 8 hereof, there shall be no offset against amounts due Executive under this Agreement on account of any remuneration attributable to any subsequent employment that Executive may obtainexcept as specifically provided herein.

Appears in 1 contract

Samples: Employment Agreement (Fleming Companies Inc /Ok/)

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