Common use of No Mitigation; Offset Clause in Contracts

No Mitigation; Offset. In the event of any termination of employment and service hereunder, the Executive shall be under no obligation to seek other employment, and there shall be no offset against any amounts due Executive under this Agreement on account of any remuneration attributable to any subsequent employment that Executive may obtain. The preceding sentence shall not limit the Company’s right to enforce the termination provisions set forth in Section 4 above or the repayment or recoupment provisions in Section 22(d) and Section 23 below.

Appears in 12 contracts

Samples: Employment Agreement (Adagio Therapeutics, Inc.), Employment Agreement (Adagio Therapeutics, Inc.), Employment Agreement (Adagio Therapeutics, Inc.)

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No Mitigation; Offset. In the event of any termination of employment and service hereunder, the Executive shall be under no obligation to seek other employment, and there shall be no offset against any amounts due Executive under this Agreement on account of any remuneration attributable to any subsequent employment that Executive may obtain. The preceding sentence shall not limit the Company’s right to enforce the termination provisions set forth in Section 4 above or the repayment or recoupment provisions in Section 22(d) and Section 23 below.

Appears in 4 contracts

Samples: Employment Agreement (Invivyd, Inc.), Employment Agreement (Invivyd, Inc.), Employment Agreement (Invivyd, Inc.)

No Mitigation; Offset. In the event of any termination of employment and service hereunder, the Executive shall be under no obligation to seek other employment, and there shall be no offset against any amounts due Executive under this Agreement on account of any remuneration attributable to any subsequent employment that Executive may obtain. The preceding sentence shall not limit the Company’s right to enforce the termination provisions set forth in discontinue payments due to a violation of Continuing Obligations or exercise its recoupment rights under Section 4 above or the repayment or recoupment provisions in Section 22(d) and Section 23 below11.

Appears in 2 contracts

Samples: Executive Employment Agreement (Epsilon Energy Ltd.), Executive Employment Agreement (Epsilon Energy Ltd.)

No Mitigation; Offset. In the event of any termination of employment and service hereunder, the Executive shall be under no obligation to seek other employment, and there shall be no offset against any amounts due Executive under this Agreement on account of any remuneration attributable to any subsequent employment that Executive may obtain. The amounts payable hereunder shall not be subject to set off, counterclaim, recoupment or defense. The preceding sentence shall not limit the Company’s right to enforce the recoupment, offset, suspension and termination provisions set forth in Section 4 7(c) above or the repayment or recoupment provisions provision in Section 22(d) and Section 23 14 below.

Appears in 1 contract

Samples: Employment and Services Agreement (Navistar International Corp)

No Mitigation; Offset. In the event of any termination of employment and service hereunder, the Executive shall be under no obligation to seek other employment, and there shall be no offset against any amounts due Executive under this Agreement on account of any remuneration attributable to any subsequent employment that Executive may obtain. The preceding sentence shall not limit the Company’s right to enforce the termination provisions set forth in Section 4 3 above or the repayment or recoupment provisions in Section 22(d21(d) and Section 23 22 below.. DM_US 180923310-7.115049.0011

Appears in 1 contract

Samples: Employment Agreement (Adagio Therapeutics, Inc.)

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No Mitigation; Offset. In the event of any termination of employment and service hereunder, the Executive shall be under no obligation to seek other employment, and there shall be no offset against any amounts due Executive under this Agreement on account of any remuneration attributable to any subsequent employment that Executive may obtain. The amounts payable hereunder shall not be subject to set off, counterclaim, recoupment or defense. The preceding sentence shall not limit the Company’s right to enforce the recoupment, offset, suspension and termination provisions set forth in Section 4 7(c) above or the repayment or recoupment provisions provision in Section 22(d) and Section 23 15 below.

Appears in 1 contract

Samples: Employment and Services Agreement (Navistar International Corp)

No Mitigation; Offset. In the event of any termination of employment and service hereunder, the Executive shall be under no obligation to seek other employment, and there shall be no offset against any amounts due Executive under this Agreement on account of any remuneration attributable to any subsequent employment that Executive may obtain. The preceding sentence shall not limit the Company’s right to enforce the recoupment, offset, suspension and termination provisions set forth in Section 4 7(c) above or the repayment or recoupment provisions provision in Section 22(d) and Section 23 16 below.

Appears in 1 contract

Samples: Employment and Services Agreement (Navistar International Corp)

No Mitigation; Offset. In the event of any termination of employment and service hereunder, the Executive shall be under no obligation to seek other employment, and there shall be no offset against any amounts due Executive under this Agreement on account of any remuneration attributable to any subsequent employment that Executive may obtain. The amounts payable hereunder shall not be subject to set off, counterclaim, recoupment or defense. The preceding sentence shall not limit the Company’s right to enforce the recoupment, offset, suspension and termination provisions set forth in Section 4 7 (c) above or the repayment or recoupment provisions provision in Section 22(d) and Section 23 15 below.

Appears in 1 contract

Samples: Employment and Services Agreement (Navistar International Corp)

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