Common use of No Duty to Seek Other Employment Clause in Contracts

No Duty to Seek Other Employment. Amounts payable to the Executive under this Agreement shall not be reduced by the amount of any compensation received by the Executive from any other employer or source, and the Executive shall not be under any obligation to seek other employment or gainful pursuit as a result of this Agreement.

Appears in 9 contracts

Samples: Change of Control Agreement (Meridian Medical Technologies Inc), Change of Control Agreement (Meridian Medical Technologies Inc), Change of Control Agreement (CFX Corp)

AutoNDA by SimpleDocs

No Duty to Seek Other Employment. Amounts payable to the Executive under this Agreement shall not be reduced by the amount of any compensation received by the Executive from any other employer or sourcesource during the Pay-Out Period, and the Executive shall not be under any obligation to seek other employment or gainful pursuit during such Pay-Out Period as a result of this Agreement.

Appears in 1 contract

Samples: Change of Control Agreement (CFX Corp)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.