Common use of No Mitigation; No Offset Clause in Contracts

No Mitigation; No Offset. Executive shall be under no obligation to seek other employment or to otherwise mitigate the obligations of the Company under this Agreement, and there shall be no offset against amounts or benefits due to Executive under this Agreement or otherwise on account of any claim (other than any preexisting debts then due in accordance with their terms) the Company may have against him or any remuneration or other benefit earned or received by Executive after such termination.

Appears in 20 contracts

Samples: Executive Employment Agreement (Pozen Inc /Nc), Executive Employment Agreement (Pozen Inc /Nc), Executive Employment Agreement (Neurologix Inc/De)

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No Mitigation; No Offset. Executive shall be under no obligation to seek other employment or to otherwise mitigate the obligations of the Company under this Agreement, and there shall be no offset against amounts or benefits due to Executive under this Agreement or otherwise on account of any claim (other than any preexisting debts then due in accordance with their terms) the Company may have against him Executive or any remuneration or other benefit earned or received by Executive after such termination.

Appears in 9 contracts

Samples: Executive Employment Agreement (ESGEN Acquisition Corp), Executive Employment Agreement (Zeo Energy Corp.), Executive Employment Agreement (ESGEN Acquisition Corp)

No Mitigation; No Offset. Executive shall be under no obligation to seek other employment or to otherwise mitigate the obligations of the Company under this Agreement, and there shall be no offset against amounts or benefits due to Executive under this Agreement or otherwise on account of any claim (other than any preexisting debts then due in accordance with their terms) the Company may have against him their or any remuneration or other benefit earned or received by Executive after such termination.

Appears in 4 contracts

Samples: Executive Employment Agreement (Alternative Ballistics Corp), Executive Employment Agreement (Alternative Ballistics Corp), Executive Employment Agreement (Alternative Ballistics Corp)

No Mitigation; No Offset. Executive shall be under no obligation to seek mitigate damages or the amount of any payment provided for under this Agreement by seeking other employment or to otherwise mitigate the obligations of the Company under this Agreementotherwise, and there shall be no offset against amounts or benefits due to Executive under this Agreement or otherwise on account of any claim (other than remuneration attributable to any preexisting debts then due in accordance with their terms) the Company subsequent employment that Executive may have against him or any remuneration or other benefit earned or received by Executive after such terminationobtain.

Appears in 4 contracts

Samples: Employment Agreement (Palomar Medical Technologies Inc), Employment Agreement (Palomar Medical Technologies Inc), Employment Agreement (Palomar Medical Technologies Inc)

No Mitigation; No Offset. Executive shall be under no obligation to seek other employment or to otherwise mitigate the obligations of the Company under this Agreement, and there shall be no offset against amounts or benefits due to Executive under this Agreement or otherwise on account of any claim (other than any preexisting debts then due in accordance with their terms) the Company may have against him her or any remuneration or other benefit earned or received by Executive after such termination.

Appears in 3 contracts

Samples: Executive Employment Agreement (Pozen Inc /Nc), Executive Employment Agreement (CoLabs Int'l, Corp.), Executive Employment Agreement (CoLabs Int'l, Corp.)

No Mitigation; No Offset. Executive shall be under no obligation to seek other employment or earn income to otherwise mitigate the obligations of the Company offset amounts due Executive under this Agreement, and there nor shall be no any such amounts offset against any amounts or benefits due to owed Executive under this Agreement or otherwise on account of any claim (other than any preexisting debts then due in accordance with their terms) by the Company may have against him or any remuneration or other benefit earned or received by Executive after such terminationpursuant to this Agreement.

Appears in 3 contracts

Samples: Dimon Incorporated (Dimon Inc), Change in Control Agreement (Standard Commercial Corp), Employment Agreement (Standard Commercial Corp)

No Mitigation; No Offset. Executive shall be under no obligation to seek other employment or to otherwise mitigate the obligations of the Company under this Agreement, and there shall be no offset against amounts or benefits due to Executive under this Agreement or otherwise on account of any claim (other than any preexisting debts then due in accordance with their terms) the Company or its affiliates may have against him or any remuneration or other benefit earned or received by Executive after such termination.

Appears in 3 contracts

Samples: Employment Agreement (Teva Pharmaceutical Industries LTD), Employment Agreement (Teva Pharmaceutical Industries LTD), Employment Agreement

No Mitigation; No Offset. In no event shall the Executive shall be under no obligation obligated to seek other employment or to otherwise mitigate the obligations take any other action by way of mitigation of the Company amounts payable under this Agreement, and there . There shall be no offset by the Company against amounts or benefits due to Executive the Executive's entitlements under this Agreement for any compensation or otherwise other amounts that he earns from subsequent employment or engagement of his services or on account of any claim (other than any preexisting debts then due in accordance with their terms) that the Company may have against him or him. In no event shall the Company have a right of offset against any remuneration or other benefit earned or received by account that the Executive after such terminationmaintains with the Company, including without limitation, his brokerage account, on account of any claims arising under this Agreement.

Appears in 3 contracts

Samples: Settlement and Release Agreement (Morgan Stanley), Settlement and Release Agreement (Morgan Stanley), Settlement and Release Agreement (Morgan Stanley)

No Mitigation; No Offset. In no event shall the Executive shall be under no obligation obligated to seek other employment or to otherwise mitigate the obligations take any other action by way of mitigation of the Company amounts payable under this Agreement, and there . There shall be no offset by the Company against amounts or benefits due to Executive the Executive's entitlements under this Agreement for any compensation or otherwise other amounts that he earns from subsequent employment or engagement of his services on account of any claim (other than any preexisting debts then due in accordance with their terms) that the Company may have against him or him. In no event shall the Company have a right of offset against any remuneration or other benefit earned or received by account that the Executive after such terminationmaintains with the Company, including without limitation, his brokerage account, on account of any claims arising under this Agreement.

Appears in 2 contracts

Samples: Settlement and Release Agreement (Morgan Stanley), Settlement and Release Agreement (Morgan Stanley)

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No Mitigation; No Offset. The Executive shall be is under no obligation to seek other employment or to otherwise mitigate the obligations of the Company under this Agreement, and there shall will be no offset against amounts or benefits due to the Executive under this Agreement or otherwise on account of any claim (other than any preexisting debts then due in accordance with their terms) the Company may have against him or any remuneration or other benefit earned or received by the Executive after such termination.

Appears in 2 contracts

Samples: Employment Agreement (M.D.C. Holdings, Inc.), Employment Agreement (M.D.C. Holdings, Inc.)

No Mitigation; No Offset. Executive shall be under no obligation to seek other employment or to otherwise mitigate the obligations of the Company under this Agreement, and there shall be no offset against amounts or benefits due to Executive under this Agreement or otherwise on account of any claim (other than any preexisting debts then due in accordance with their terms) the Company may have against him his or any remuneration or other benefit earned or received by Executive after such termination.

Appears in 1 contract

Samples: Executive Employment Agreement (CoLabs Int'l, Corp.)

No Mitigation; No Offset. Except as may otherwise be provided in this Agreement, in no event shall the Executive shall be under no obligation obligated to seek other employment or to otherwise mitigate the obligations take any other action by way of mitigation of the Company amounts payable under this Agreement, and there . There shall be no offset by the Company against amounts or benefits due to Executive the Executive's entitlements under this Agreement for any compensation or otherwise other amounts that he earns from subsequent employment or engagement of his services on account of any claim (other than any preexisting debts then due in accordance with their terms) that the Company may have against him or any remuneration or other benefit earned or received by Executive after such terminationhim.

Appears in 1 contract

Samples: Execution Copy Settlement and Release Agreement (Morgan Stanley)

No Mitigation; No Offset. Executive shall be under no obligation to seek other employment or to otherwise mitigate the obligations of the Company under this Agreement, and there shall be no offset against amounts or benefits due to Executive under this Agreement or otherwise on account of any claim (other than any preexisting debts then due in accordance with their terms) the Company or its affiliates may have against him or any remuneration or other benefit earned or received by Executive after such termination.

Appears in 1 contract

Samples: Employment Agreement (Charter Communications Inc /Mo/)

No Mitigation; No Offset. Except as may otherwise be provided in this Agreement, in no event shall the Executive shall be under no obligation obligated to seek other employment or to otherwise mitigate the obligations take any other action by way of mitigation of the Company amounts payable under this Agreement, and there . There shall be no offset by the Company against amounts or benefits due to Executive the Executive’s entitlements under this Agreement for any compensation or otherwise other amounts that he earns from subsequent employment or engagement of his services or on account of any claim (other than any preexisting debts then due in accordance with their terms) that the Company may have against him or any remuneration or other benefit earned or received by Executive after such terminationhim.

Appears in 1 contract

Samples: Separation Agreement (Regent Communications Inc)

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