Common use of Mitigation Not Required Clause in Contracts

Mitigation Not Required. As a condition of any payment hereunder, Executive shall not be required to mitigate the amount of such payment by seeking other employment or otherwise, nor will any profits, income, earnings or other benefits from any source whatsoever create any mitigation, offset, reduction or any other obligation on the part of Executive under this Agreement.

Appears in 39 contracts

Samples: Executive Employment Agreement (Renasant Corp), Executive Employment Agreement (Renasant Corp), Executive Employment Agreement (Renasant Corp)

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Mitigation Not Required. As a condition of any payment hereunder, Executive shall not be required to mitigate the amount of such payment any payment(s) provided for in this Agreement either by seeking other employment or otherwise. Furthermore, nor will the Company shall not be entitled to set off or reduce any profits, income, earnings or other benefits from any source whatsoever create any mitigation, offset, reduction or any other obligation on the part of payments owed to Executive under this AgreementAgreement by the amount of earnings or benefits received by Executive in any future employment.

Appears in 11 contracts

Samples: Executive Employment Agreement, Executive Employment Agreement (Goodman Networks Inc), Executive Employment Agreement (Goodman Networks Inc)

Mitigation Not Required. As Except as provided in Section 3.1d hereof, as a condition of any payment hereunder, Executive shall not be required to mitigate the amount of such payment by seeking other employment or otherwise, nor will any profits, income, earnings or other benefits from any source whatsoever create any mitigation, offset, reduction or any other obligation on the part of Executive under this Agreement.

Appears in 10 contracts

Samples: Employment Agreement, Executive Employment Agreement (Cleco Corp), Executive Employment Agreement (Cleco Corp)

Mitigation Not Required. As a condition of any payment hereunder, Executive shall is not be required to mitigate the amount of such any payment provided for in this Agreement by seeking other employment or otherwise, nor will otherwise and no payment shall be reduced by compensation or benefits provided to Executive in any profits, income, earnings or other benefits from any source whatsoever create any mitigation, offset, reduction or any other obligation on the part of Executive under this Agreementsubsequent employment except as provided in Section 3.1(b)(4).

Appears in 1 contract

Samples: Severance Protection Agreement (CBT Corp /Ky/)

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Mitigation Not Required. As a condition of any payment hereunder, Executive shall not be required to mitigate the amount of such payment by seeking other employment or otherwiseemployment, nor will any profits, income, earnings or other benefits from any source whatsoever create any mitigation, offset, reduction or any other obligation on the part of Executive under this Agreement.

Appears in 1 contract

Samples: Executive Employment Agreement (Renasant Corp)

Mitigation Not Required. As a condition of any payment hereunder, Executive shall not be required to mitigate the amount of such payment by seeking other employment or otherwise, nor will any profits, income, earnings or other benefits from any source whatsoever create any mitigation, offset, reduction or any other obligation on the part of Executive under this Agreement. Notwithstanding the foregoing and Section 6.2, the offset referenced in Section 3.1d shall be effective.

Appears in 1 contract

Samples: Employment Agreement (Hibernia Corp)

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