Common use of No Mitigation Required Clause in Contracts

No Mitigation Required. In the event that this Agreement or the employment of the Executive hereunder is terminated, the Executive shall not be obligated to mitigate his damages nor the amount of any payment provided for in this Agreement by seeking other employment or otherwise, and except for the termination of benefits pursuant to Section 3(d), the acceptance of employment elsewhere after termination shall in no way reduce the amount of Severance Compensation payable hereunder.

Appears in 9 contracts

Samples: Special Termination Agreement (Advanced Neuromodulation Systems Inc), Special Termination Agreement (Advanced Neuromodulation Systems Inc), Special Termination Agreement (Advanced Neuromodulation Systems Inc)

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No Mitigation Required. In the event that this Agreement or the employment of the Executive hereunder is terminated, the Executive shall not be obligated to mitigate his damages nor or the amount of any payment provided for in this Agreement by seeking other employment or otherwise, and except for the termination of benefits pursuant to Section 3(d3(b), the acceptance of employment elsewhere after termination shall in no way reduce the amount of Severance Compensation payable hereunder.

Appears in 8 contracts

Samples: Special Termination Agreement (Bearingpoint Inc), Special Termination Agreement (Bearingpoint Inc), Special Termination Agreement (Bearingpoint Inc)

No Mitigation Required. In the event that this Agreement or the employment of the Executive hereunder is terminated, the Executive shall not be obligated to mitigate his damages nor the amount of any payment provided for in this Agreement by seeking other employment or otherwise, and except for the termination of benefits pursuant to Section 3(d), the acceptance of employment elsewhere after termination shall in no way reduce the amount of Severance Compensation payable hereunder.

Appears in 3 contracts

Samples: Agreement (Peerless Manufacturing Co), Agreement (Peerless Manufacturing Co), Agreement (Peerless Manufacturing Co)

No Mitigation Required. In the event that this Agreement or the ---------------------- employment of the Executive hereunder is terminated, the Executive shall not be obligated to mitigate his damages nor or the amount of any payment provided for in this Agreement by seeking other employment or otherwise, and except for the termination of benefits pursuant to Section 3(d), the acceptance of employment elsewhere after termination shall in no way reduce the amount of Severance Compensation payable hereunder.

Appears in 2 contracts

Samples: Special Termination Agreement (KPMG Consulting Inc), Special Termination Agreement (KPMG Consulting Inc)

No Mitigation Required. In the event that this Agreement or the employment of the Executive hereunder is terminated, the Executive shall not be obligated to mitigate his damages nor the amount of any payment provided for in this Agreement by seeking other employment or otherwise, and except for the termination of benefits pursuant to Section 3(d), the acceptance of employment elsewhere after termination shall in no way reduce the amount of Severance Compensation payable hereunder.

Appears in 2 contracts

Samples: Agreement (Peerless Manufacturing Co), K) Agreement (Peerless Manufacturing Co)

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No Mitigation Required. In the event that this Agreement or the employment of the Executive hereunder is terminated, the Executive shall not be obligated to mitigate his damages nor the amount of any payment provided for in this Agreement by seeking other employment or otherwise, and except for the termination of benefits pursuant to Section 3(d), the acceptance of employment elsewhere after termination shall in no way reduce the amount of Severance Compensation any amounts or compensation or benefits payable hereunderunder this Agreement.

Appears in 1 contract

Samples: Severance Agreement (PMFG, Inc.)

No Mitigation Required. In the event that this Agreement or the employment of the Executive hereunder is terminated, the Executive shall not be obligated to mitigate his damages nor or the amount of any payment provided for in this Agreement by seeking other employment or otherwise, and except for the termination of benefits pursuant to Section 3(d3(b), the acceptance of employment elsewhere after termination shall in no way reduce the amount of Severance Compensation payable hereunder.

Appears in 1 contract

Samples: Special Termination Agreement (Bearingpoint Inc)

No Mitigation Required. In the event that this Agreement or the employment of the Executive hereunder is terminated, the Executive shall not be obligated to mitigate his her damages nor or the amount of any payment provided for in this Agreement by seeking other employment or otherwise, and except for the termination of benefits pursuant to Section 3(d3(b), the acceptance of employment elsewhere after termination shall in no way reduce the amount of Severance Compensation payable hereunder.

Appears in 1 contract

Samples: Special Termination Agreement (Bearingpoint Inc)

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