Common use of No Duty to Mitigate Damages Clause in Contracts

No Duty to Mitigate Damages. Executive’s benefits under this Exhibit C shall be considered severance pay in consideration of his past service and his continued service from the date of this Agreement, and his entitlement thereto shall neither be governed by any duty to mitigate his damages by seeking further employment nor offset by any compensation which he may receive from future employment.

Appears in 36 contracts

Samples: Employment Agreement, Employment Agreement (TJX Companies Inc /De/), Employment Agreement (TJX Companies Inc /De/)

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No Duty to Mitigate Damages. Executive’s benefits under this Exhibit C shall be considered severance pay in consideration of his her past service and his her continued service from the date of this Agreement, and his her entitlement thereto shall neither be governed by any duty to mitigate his her damages by seeking further employment nor offset by any compensation which he she may receive from future employment.

Appears in 12 contracts

Samples: Employment Agreement (TJX Companies Inc /De/), Employment Agreement (TJX Companies Inc /De/), Employment Agreement (TJX Companies Inc /De/)

No Duty to Mitigate Damages. Executive’s 's benefits under this Exhibit C shall be considered severance pay in consideration of his past service and his continued service from the date of this Agreement, and his entitlement thereto shall neither be governed by any duty to mitigate his damages by seeking further employment nor offset by any compensation which he may receive from future employment.

Appears in 9 contracts

Samples: Employment Agreement (TJX Companies Inc /De/), Employment Agreement (TJX Companies Inc /De/), Employment Agreement (TJX Companies Inc /De/)

No Duty to Mitigate Damages. Executive’s 's benefits under this Exhibit C shall be considered severance pay in consideration of his past service and his continued service from the date of this Agreement, and his entitlement thereto shall be neither be (x) governed by any duty to mitigate his damages by seeking further employment nor (y) (except as expressly provided in this Exhibit C) offset by any compensation which he may receive from future employment.

Appears in 3 contracts

Samples: Employment Agreement (TJX Companies Inc /De/), Employment Agreement (TJX Companies Inc /De/), Employment Agreement (TJX Companies Inc /De/)

No Duty to Mitigate Damages. The Executive’s 's benefits under this Exhibit C Section 2.01(a) shall be considered severance pay in consideration of his past service and his continued service from the date of this Agreement, and his entitlement thereto shall neither be governed by any duty to mitigate his damages by seeking further employment nor offset by any compensation which he may receive from future employment.

Appears in 3 contracts

Samples: Change of Control Severance Agreement (National Dentex Corp /Ma/), Change of Control Severance Agreement (National Dentex Corp /Ma/), Change of Control Severance Agreement (National Dentex Corp /Ma/)

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No Duty to Mitigate Damages. The Executive’s 's benefits under this Exhibit C Sections 2 and 3 shall be considered severance pay in consideration of his past service and his continued service from the date of this Agreement, and his entitlement thereto shall neither be governed by any duty to mitigate his damages by seeking further employment nor offset by any compensation which he may receive from future employment.

Appears in 1 contract

Samples: Termination Benefit Agreement (Averstar Inc)

No Duty to Mitigate Damages. Executive’s 's benefits under this Exhibit C E shall be considered severance pay in consideration of his past service and his continued service from the date of this Agreement, and his entitlement thereto shall neither be governed by any duty to mitigate his damages by seeking further employment nor offset by any compensation which he may receive from future employment.

Appears in 1 contract

Samples: Employment Agreement (TJX Companies Inc /De/)

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