Mitigation Not Required. In the event the Executive’s employment with the Company terminates for any reason, the Executive shall not be obligated to seek other employment following such termination. However, any amounts due the Executive under this Agreement shall be offset by any remuneration attributable to any subsequent employment that Executive may obtain during the period of payment of compensation under this Agreement following the termination of Executive’s employment with the Company.
Appears in 3 contracts
Samples: Executive Employment Agreement (Ross Stores Inc), Executive Employment Agreement (Ross Stores Inc), Executive Employment Agreement (Ross Stores Inc)
Mitigation Not Required. In the event the Executive’s employment with the Company terminates for any reason, the Executive shall not be obligated to seek other employment following such termination. However, any amounts due the Executive under this Agreement shall be offset by any remuneration attributable to any subsequent employment that the Executive may obtain during the period of payment of compensation under this Agreement following the termination of the Executive’s employment with the Company.
Appears in 1 contract
Mitigation Not Required. In the event the Executive’s 's employment with the Company terminates for any reason, the Executive shall not be obligated to seek other employment following such termination. However, any Any amounts due the Executive under this Agreement shall be offset by any remuneration attributable to any subsequent employment that Executive may obtain during the period of payment of compensation under this Agreement following the termination of Executive’s 's employment with the Company.
Appears in 1 contract
Samples: Ross Stores Inc
Mitigation Not Required. In the event If the Executive’s 's employment with the Company terminates is terminated for any reason, the Executive shall not be obligated to seek other employment following such termination. However; provided, any amounts due however, that the amount of salary and bonus to which the Executive will be entitled under this Agreement paragraph 9 hereof shall be offset reduced by any remuneration attributable to any subsequent employment that the amount of salary and/or bonus earned by the Executive may obtain for services performed for another employer during the period of payment of compensation that the Executive is entitled to receive continued salary or bonus payments under this Agreement following the termination of Executive’s employment with the Companyparagraph 9 hereof.
Appears in 1 contract
Mitigation Not Required. In the event the Executive’s 's employment with the Company terminates for any reason, the Executive shall not be obligated to seek other employment following such termination. However, any Any amounts due the Executive under this Agreement shall be offset by any remuneration attributable to any subsequent employment that Executive he may obtain during the period of payment of compensation under this Agreement following the termination of Executive’s employment with the Companyobtain.
Appears in 1 contract