No Obligation to Mitigate. Executive shall not be required to seek other employment or otherwise to mitigate Executive’s damages upon any termination of employment, and any compensation or benefits received from any other employment of Executive shall not mitigate or reduce the obligations of the Bank and the Company or the rights of Executive hereunder.
Appears in 23 contracts
Samples: Employment Agreement (Rockville Financial, Inc. /CT/), Employment Agreement (Rockville Financial, Inc. /CT/), Employment Agreement (Rockville Financial, Inc. /CT/)
No Obligation to Mitigate. Executive shall not be required to seek other employment or otherwise to mitigate Executive’s damages upon any termination of employment, and any compensation or benefits received from any other employment of Executive shall not mitigate or reduce the obligations of the Bank and the Company or the rights of Executive hereunder.
Appears in 8 contracts
Samples: Employment Agreement (Dupont Fabros Technology, Inc.), Employment Agreement (Dupont Fabros Technology, Inc.), Employment Agreement (Dupont Fabros Technology, Inc.)
No Obligation to Mitigate. Executive shall not be required to seek other employment or otherwise to mitigate Executive’s damages upon any termination of employmentemployment and the Severance Benefits, and any compensation or benefits received from any other employment of Executive except to the extent expressly provided herein, shall not mitigate or reduce the obligations be reduced on account of the Bank and the Company or the rights of Executive hereundersuch subsequent employment.
Appears in 2 contracts
Samples: Restricted Stock Agreement (Career Education Corp), Restricted Stock Agreement (Career Education Corp)
No Obligation to Mitigate. Executive shall not be required to seek other employment or otherwise to mitigate Executive’s 's damages upon hereunder, nor shall the amount of any termination of employment, and payment hereunder be reduced by any compensation or earned by the Executive as a result of employment by another employer; provided, however, that any health and other insurance benefits received from any other employment of Executive provided for this Termination Agreement shall not mitigate or reduce the obligations of the Bank duplicate any benefits that are provided to Executive and the Company or the rights of Executive hereunderhis family by such other employer and shall be secondary to any coverage provided by such other employer.
Appears in 1 contract
Samples: Termination and Change of Control Agreement (Walbro Corp)
No Obligation to Mitigate. Executive shall not be required to seek other employment or otherwise to mitigate Executive’s 's damages upon any termination of employment, and any compensation or benefits received from any other employment of Executive shall not mitigate or reduce the obligations of the Bank and the Company or the rights of Executive hereunder.
Appears in 1 contract
Samples: Employment Agreement (Dupont Fabros Technology, Inc.)
No Obligation to Mitigate. Executive shall not be required to seek other employment or otherwise to mitigate Executive’s 's damages upon any termination on or after Executive's Date of employmentTermination, and the amount of any payment or benefit provided for in this Agreement shall not be reduced by any compensation or benefits received from any other earned by Executive as the result of employment of Executive shall not mitigate by another employer or reduce the obligations of the Bank and the Company or the rights of Executive hereunderby retirement benefits.
Appears in 1 contract
No Obligation to Mitigate. Executive shall not be required to seek other employment or otherwise to mitigate Executive’s damages upon any termination of employment, and any compensation or benefits received from any other employment of Executive shall not mitigate or reduce the obligations of the Bank and the Company Employers or the rights of Executive hereunder.
Appears in 1 contract
Samples: Employment Agreement (United Financial Bancorp, Inc.)
