Common use of No Mitigation Required Clause in Contracts

No Mitigation Required. In no event shall the Executive be obligated to seek other employment or take any other action by way of mitigation of the amounts payable to the Executive under any of the provisions of this Agreement and such amounts shall not be reduced whether or not the Executive obtains other employment.

Appears in 38 contracts

Samples: Severance Agreement (National Oilwell Varco Inc), Employment Agreement (National Oilwell Varco Inc), Employment Agreement (NOW Inc.)

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No Mitigation Required. In no event shall the The Executive be obligated is not required to seek other employment or take to attempt in any other action by way of mitigation of the to reduce any amounts payable to the Executive under by the Company hereunder. Except as set forth in Section 4.1(d) and (f), the amount of any of the provisions of payment or benefit provided for in this Agreement and such amounts shall not be reduced whether or not by any compensation earned by the Executive obtains other employmentas the result of employment by another employer, by retirement benefits, by offset against any amount claimed to be owed by the Executive to the Company, or otherwise.

Appears in 9 contracts

Samples: Change in Control Severance Agreement (Stanley, Inc.), Noncompetition Agreement (Stanley, Inc.), Noncompetition Agreement (Stanley, Inc.)

No Mitigation Required. In no event shall the Executive be obligated to seek other employment or take any other action by way of mitigation of the amounts payable to the Executive under any of the provisions of this Agreement and and, except as specifically provided in Section 5(a)(ii), such amounts shall not be reduced whether or not the Executive obtains other employment.

Appears in 7 contracts

Samples: Change in Control Agreement (Lexmark International Inc /Ky/), Change in Control Agreement (Lexmark International Inc /Ky/), Change in Control (Lexmark International Inc /Ky/)

No Mitigation Required. In no event shall the will Executive be obligated to seek other employment or take any other action by way of mitigation of the amounts payable to the Executive under any of the provisions of this Agreement Agreement, and such amounts shall will not be reduced (except as otherwise specifically provided herein) whether or not the Executive obtains other employment.

Appears in 3 contracts

Samples: Executive Employment Agreement (WaferGen Bio-Systems, Inc.), Executive Employment Agreement (WaferGen Bio-Systems, Inc.), Executive Employment Agreement (WaferGen Bio-Systems, Inc.)

No Mitigation Required. In no event shall the Executive be obligated to seek other employment or take any other action by way of mitigation of the amounts payable to the Executive under any of the provisions of this Agreement and and, except as provided in Section 3(a)(iii), such amounts shall not be reduced whether or not the Executive obtains other employment.

Appears in 2 contracts

Samples: Change of Control Executive Severance Agreement (SM Energy Co), Change of Control Executive Severance Agreement (SM Energy Co)

No Mitigation Required. In no event Executive shall the Executive not be obligated to seek other employment or take any other action by way of in mitigation of the amounts payable to the Executive 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 provisions of Companies' obligations to make the payments and arrangements required to be made under this Agreement and such amounts shall not be reduced whether or not the Executive obtains other employmentAgreement.

Appears in 1 contract

Samples: Executive Retention Agreement (Laclede Steel Co /De/)

No Mitigation Required. In no event shall the Executive be obligated to seek other employment or take any other action by way of mitigation of the amounts payable to the Executive under any of the provisions of this Agreement and such amounts shall not be reduced whether or not the Executive obtains other employment.

Appears in 1 contract

Samples: Executive Employment Agreement (NOV Inc.)

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No Mitigation Required. In no event shall the Executive be obligated to seek other employment or take any other action by way of mitigation of the amounts payable to the Executive under any of the provisions of this Agreement and except as expressly provided, such amounts shall not be reduced whether or not the Executive obtains other employment.

Appears in 1 contract

Samples: Employment Agreement (Bell Industries Inc /New/)

No Mitigation Required. In no event Executive shall the Executive not be obligated to seek other employment or take any other action by way of in mitigation of the amounts payable to the Executive 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 provisions of Company's obligations to make the payments and arrangements required to be made under this Agreement and such amounts shall not be reduced whether or not the Executive obtains other employmentAgreement.

Appears in 1 contract

Samples: Executive Retention Agreement (Laclede Steel Co /De/)

No Mitigation Required. In no event shall the Executive be ---------------------- obligated to seek other employment or take any other action by way of mitigation of the amounts payable to the Executive under any of the provisions of this Agreement and and, except as provided in Section 3(a)(iii), such amounts shall not be reduced whether or not the Executive obtains other employment.

Appears in 1 contract

Samples: Severance Agreement (St Mary Land & Exploration Co)

No Mitigation Required. In no event Executive shall the Executive not be obligated to seek other employment or take any other action by way of mitigation of the amounts payable to the Executive under any of the provisions of this Agreement and such amounts shall not be reduced whether or not the Executive obtains other employmentAgreement.

Appears in 1 contract

Samples: Employment Agreement (Net Element, Inc.)

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