Common use of No Obligation to Mitigate Clause in Contracts

No Obligation to Mitigate. The Executive shall not be required to mitigate damages or the amount of any payment provided for under this Agreement by seeking other employment or otherwise, nor, except as set forth in Section 4(d), shall the amount of any payment provided for under this Agreement be reduced by any compensation earned by the Executive as the result of employment by another employer after the Date of Termination, or otherwise.

Appears in 16 contracts

Samples: Severance Compensation Agreement (Comarco Inc), Severance Compensation Agreement (Comarco Inc), Severance Compensation Agreement (Comarco Inc)

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No Obligation to Mitigate. The Executive shall not be required to mitigate damages or the amount of any payment provided for under this Agreement by seeking other employment or otherwiseemployment, nor, except as set forth in Section 4(d), nor shall the amount of any payment provided for under this Agreement be reduced by any compensation earned by the Executive as the a result of employment by another employer after the Date of Termination, Termination or otherwise.

Appears in 7 contracts

Samples: Control Severance Agreement (United Community Banks Inc), United Community Banks (United Community Banks Inc), United Community Banks (United Community Banks Inc)

No Obligation to Mitigate. The Executive shall not be required to mitigate damages or the amount of any payment or benefit provided for under in this Agreement by seeking other employment or otherwise, nor, except as set forth in Section 4(d), nor shall the amount of any payment provided for under in this Agreement be reduced by any compensation earned by the Executive as the a result of employment by another employer after the Date of Termination, termination or otherwise.

Appears in 7 contracts

Samples: Executive Employment Agreement (Hemisphere Energy Corp), Executive Employment Agreement (Hemisphere Energy Corp), Executive Employment Agreement (Hemisphere Energy Corp)

No Obligation to Mitigate. The Executive shall not be required to mitigate damages or the amount of any payment provided for under this Agreement by seeking other employment or otherwise, nor, except as set forth in Section 4(d), nor shall the amount of any payment provided for under this Agreement be reduced by any compensation earned by the Executive as the a result of employment by another employer after the Date of Termination, Termination or otherwise, except as provided in Section 4.4 with respect to benefits coverages.

Appears in 7 contracts

Samples: Severance Agreement (Acuity Brands Inc), Severance Agreement (Zep Inc.), Severance Agreement (Acuity Brands Inc)

No Obligation to Mitigate. The Executive shall not be required to mitigate damages or the amount of any payment provided for under this Agreement by seeking other employment or otherwise, nor, except as set forth in Section 4(d), nor shall the amount of any payment provided for under this Agreement be reduced by any compensation earned by the Executive as the a result of employment by another employer after the Date of Termination, Termination or otherwise, except as provided in Section 4 with respect to benefits coverages.

Appears in 3 contracts

Samples: Severance Agreement (Acuity Brands Inc), Severance Agreement (Acuity Brands Inc), Severance Agreement (Acuity Brands Inc)

No Obligation to Mitigate. The Executive shall not be required to mitigate damages or the amount of any payment provided for under this Agreement by seeking other employment or otherwise, nor, except as set forth in Section 4(d), nor shall the amount of any payment provided for under this Agreement be reduced by any compensation earned by the Executive as the a result of employment by another employer after the Date of Termination, Termination or otherwise, except as provided in Section 4.2 with respect to benefits coverages.

Appears in 2 contracts

Samples: Severance Agreement (Zep Inc.), Severance Agreement (Zep Inc.)

No Obligation to Mitigate. The Executive shall not be required to mitigate damages or the amount of any payment provided for under this Agreement by seeking other employment or otherwise, nor, except as set forth in Section 4(d), nor shall the amount of any payment provided for under this Agreement be reduced by any compensation earned by the Executive as the a result of employment by another employer after the Date of Termination, Termination or otherwise, except as provided in Section 4.7 with respect to benefits coverages.

Appears in 2 contracts

Samples: Severance Agreement (Acuity Brands Inc), Severance Agreement (Acuity Brands Inc)

No Obligation to Mitigate. The Executive shall not be required to mitigate damages or the amount of any payment provided for under this Agreement by seeking other employment or otherwise, nor, except as set forth in Section 4(d), nor shall the amount of any payment provided for under this Agreement be reduced by any compensation earned by the Executive as the a result of employment by another employer after the Date of Termination, Termination or otherwise, except as provided in Section 4.5 with respect to benefits coverages.

Appears in 2 contracts

Samples: Severance Agreement (Acuity Brands Inc), Severance Agreement (Acuity Brands Inc)

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No Obligation to Mitigate. The Executive shall not be required to mitigate damages or the amount of any payment provided for under in this Agreement by seeking other employment or otherwise, norotherwise and, except as set forth provided in Section 4(d)4(a)(iii) and 4(d)(iii) hereof, no payment hereunder shall be offset or reduced by the amount of any payment compensation or benefits provided for under this Agreement be reduced by to Executive in any compensation earned by the Executive as the result of employment by another employer after the Date of Termination, or otherwisesubsequent employment.

Appears in 1 contract

Samples: Employment Agreement (Countrywide Financial Corp)

No Obligation to Mitigate. The Executive shall not be required to mitigate damages or the amount of any payment provided for under this Agreement by seeking other employment or otherwise, nor, except as set forth in Section 4(d), nor shall the amount of any payment provided for under this Agreement be reduced by any compensation earned by the Executive as the a result of employment by another employer after the Date of Termination, Termination or otherwise, except as provided in Section 4.6 with respect to benefits coverages.

Appears in 1 contract

Samples: Severance Agreement (Acuity Brands Inc)

No Obligation to Mitigate. The 6.1 Executive shall not be required to mitigate damages or the amount of any payment provided for under this Agreement by seeking other employment or otherwise, nor, except as set forth in Section 4(d), nor shall the amount of any payment provided for under this Agreement be reduced by any compensation earned by the Executive as the result of employment by another employer any other person after the Date termination of Terminationemployment with PIA, or otherwise, except as provided in Section 3.

Appears in 1 contract

Samples: Severance Compensation Agreement (Pia Merchandising Services Inc)

No Obligation to Mitigate. The Executive shall not be required to mitigate damages or the amount of any payment provided for under in this Agreement by seeking other employment or otherwise, norotherwise and, except as set forth provided in Section 4(d)4(a)(iii) and 4(d)(iii) hereof, no payment hereunder shall be offset or reduced by the amount of any payment compensation or benefits provided for under this Agreement be reduced by to Executive in any compensation earned by the Executive as the result of employment by another employer after the Date of Termination, or otherwise.subsequent employment. (h)

Appears in 1 contract

Samples: Employment Agreement

No Obligation to Mitigate. The Executive shall not be required to mitigate damages or the amount of any payment provided for under this Agreement by seeking other employment or otherwise, nor, except as set forth in Section 4(d), nor shall the amount of any payment provided for under this Agreement be reduced by any compensation earned by the Executive as the a result of employment by another employer after the Date of Termination, Resignation or otherwise, except as provided in Section 4.4 with respect to benefits coverages.

Appears in 1 contract

Samples: Separation Agreement (Zep Inc.)

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