No Duty to Mitigate Losses. Employee shall have no duty to find new employment following the termination of his employment under circumstances which require Company to pay any amount to Employee pursuant to this Article. Any salary or remuneration received by Employee from a third party for the providing of personal services (whether by employment or by functioning as an independent contractor) following the termination of his employment under circumstances pursuant to which paragraphs 6.1, 6.2, 6.3, or 6.4 apply shall not reduce Company's obligation to make a payment to Employee (or the amount of such payment) pursuant to the terms of any such paragraph.
Appears in 4 contracts
Samples: Employment Agreement (Spinnaker Exploration Co), Employment Agreement (Spinnaker Exploration Co), Employment Agreement (Spinnaker Exploration Co)
No Duty to Mitigate Losses. Employee shall have no duty to find new employment following the termination of his employment under circumstances which require the Company to pay any amount to Employee pursuant to this Articleparagraph 13. Any salary or remuneration received by Employee from a third party for the providing of personal services (whether by employment or by functioning as an independent contractor) following the termination of his employment under circumstances pursuant to which paragraphs 6.1, 6.2, 6.3, or 6.4 apply with the Company shall not reduce the Company's ’s obligation to make a payment to Employee (or the amount of such payment) pursuant to the terms of any such paragraphparagraph 13.
Appears in 2 contracts
Samples: Employment Agreement (Boots & Coots International Well Control Inc), Employment Agreement (Boots & Coots International Well Control Inc)
No Duty to Mitigate Losses. Employee shall have no duty to find new employment following the termination of his employment under circumstances which require Company to pay any amount to Employee pursuant to this Article. Any salary or remuneration received by Employee from a third party for the providing of personal services (whether by employment or by functioning as an independent contractor) following the termination of his employment under circumstances pursuant to which paragraphs 6.1, 6.2, 6.3, 7.1 or 6.4 7.2 apply shall not reduce Company's obligation to make a payment to Employee (or the amount of such payment) pursuant to the terms of any such paragraph.
Appears in 1 contract
Samples: Employment Agreement (Enron Corp)
No Duty to Mitigate Losses. Employee shall have no duty to find new employment following the termination of his employment under circumstances which require the Company to pay any amount to Employee pursuant to this Articleparagraph 13. Any salary or remuneration received by Employee from a third party for the providing of personal services (whether by employment or by functioning as an independent contractor) following the termination of his employment under circumstances pursuant to which paragraphs 6.1, 6.2, 6.3, or 6.4 apply with the Company shall not reduce the Company's obligation to make a payment to Employee (or the amount of such payment) pursuant to the terms of any such paragraphparagraph 13.
Appears in 1 contract
Samples: Employment Agreement (Boots & Coots International Well Control Inc)
No Duty to Mitigate Losses. Employee shall have no duty to find new employment following the termination of his employment under circumstances which require Company to pay any amount to Employee pursuant to this Article. Any salary or remuneration received by Employee from a third party for the providing of personal services (whether by employment or by functioning as an independent contractor) following the termination of his employment under circumstances pursuant to which paragraphs 6.1, 6.2, 6.3, 7.1 or 6.4 7.2 apply shall not reduce Company's obligation to make a payment to Employee (or the amount of such payment) pursuant to the terms of any such paragraph.. 7.5
Appears in 1 contract
Samples: Employment Agreement
