No Mitigation Required. The Executive shall not be required to mitigate the amount of any payment provided for in this Agreement, nor shall any payment or benefit provided for in this Agreement be offset by any compensation earned by the Executive as the result of employment by another employer, by retirement benefits (provided that the foregoing shall not cause Section 6 to result in a duplication of benefits provided under any retirement plan), or be offset against any amount claimed to be owed by the Executive to the Corporation, or otherwise.
Appears in 13 contracts
Samples: Change in Control Agreement (Bowater Inc), Change in Control Agreement (Bowater Inc), Change in Control Agreement (Bowater Inc)
No Mitigation Required. The Executive shall not be required to mitigate the amount of any payment provided for in this Agreement, nor shall any payment or benefit provided for in this Agreement be offset by any compensation earned by the Executive as the result of employment by another employer, by retirement benefits (provided that the foregoing shall not cause Section 6 to result in a duplication of benefits provided under any retirement plan)benefits, or be offset against any amount claimed to be owed by the Executive to the Corporation, or otherwise.
Appears in 7 contracts
Samples: Change in Control Agreement (Bowater Inc), Change in Control Agreement (Bowater Inc), Change in Control Agreement (Bowater Inc)
No Mitigation Required. The Executive shall not be required to mitigate the amount of any payment provided for in this Agreement, nor shall any payment or benefit provided for in this Agreement be offset by any compensation earned by the Executive as the result of employment by another employer, by retirement benefits (provided that the foregoing shall not cause Section 6 to result in a duplication of benefits provided under any retirement plan), or be offset against any amount claimed to be owed by the Executive to the Corporationbenefits, or otherwise.
Appears in 4 contracts
Samples: Change in Control Agreement (Resolute Forest Products Inc.), Change in Control Agreement (Resolute Forest Products Inc.), Change in Control Agreement (AbitibiBowater Inc.)
No Mitigation Required. The Executive shall not be required to mitigate the amount of any payment provided for in this Agreement, nor shall any payment or benefit provided for in this Agreement be offset by any compensation earned by the Executive as the result of employment by another employer, by retirement benefits (provided that the foregoing shall not cause Section 6 4 to result in a duplication of benefits provided under any retirement plan), or be offset against any amount claimed otherwise, other than pursuant to be owed by the Executive to the Corporation, or otherwiseSection 6.
Appears in 1 contract
