Common use of No Duty of Mitigation Clause in Contracts

No Duty of Mitigation. The Company acknowledges that it would be very difficult and generally impracticable to determine the ability of, or extent to which, Executive could mitigate any lost wages or other damages he may incur by reason of a Severance or Change of Control or other termination of employment. The Company has taken this into account in entering into this Agreement and, accordingly, the Company acknowledges and agrees that Executive shall have no duty to mitigate any such damages and that Executive shall be entitled to receive his entire Severance Benefits regardless of any income which he may receive from other sources following his Severance.

Appears in 5 contracts

Samples: Employment Agreement (Alliance Imaging Inc /De/), Employment Agreement (Alliance Imaging Inc /De/), Employment Agreement (Alliance Imaging Inc /De/)

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No Duty of Mitigation. The Company acknowledges that it would be very difficult and generally impracticable to determine the ability of, or extent to which, Executive could mitigate any lost wages or other damages he she may incur by reason of a Severance or Change of Control or other termination of employment. The Company has taken this into account in entering into this Agreement and, accordingly, the Company acknowledges and agrees that Executive shall have no duty to mitigate any such damages and that Executive shall be entitled to receive his her entire Severance Benefits regardless of any income which he she may receive from other sources following his her Severance.

Appears in 1 contract

Samples: Employment Agreement (Alliance Imaging Inc /De/)

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