Common use of Set Off; No Mitigation Clause in Contracts

Set Off; No Mitigation. The Company’s obligation to pay Executive the amounts provided and to make the arrangements provided hereunder shall be subject to set-off, counterclaim or recoupment of amounts owed by Executive to the Company or its affiliates. Executive shall not be required to mitigate the amount of any payment provided for pursuant to this Agreement by seeking other employment, taking into account the provisions of Section 9 of this Agreement.

Appears in 14 contracts

Samples: Employment Agreement, Employment Agreement (Travelport LTD), Employment Agreement (Travelport LTD)

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Set Off; No Mitigation. The Company’s obligation to pay Executive the amounts provided and to make the arrangements provided hereunder shall be subject to set-off, counterclaim or recoupment of amounts owed by Executive to the Company or its affiliates. However, Executive shall not be required to mitigate the amount of any payment provided for pursuant to this Agreement by seeking other employment, taking into account the provisions of Section 9 of this Agreementemployment or otherwise.

Appears in 11 contracts

Samples: Employment Agreement (Cooper-Standard Holdings Inc.), Employment Agreement (Cooper-Standard Holdings Inc.), Employment Agreement (Cooper-Standard Holdings Inc.)

Set Off; No Mitigation. The Company’s obligation to pay Executive the amounts provided and to make the arrangements provided hereunder shall be subject to set-off, counterclaim or recoupment of amounts owed by Executive to the Company or its affiliates. ; provided, however, that in no event shall Executive shall not be required obligated to mitigate seek other employment or take any other action by way of mitigation of the amount of any payment provided for pursuant amounts payable to this Agreement by seeking other employment, taking into account the provisions of Executive under Section 9 7 of this Agreement.

Appears in 8 contracts

Samples: Retirement Agreement (Finish Line Inc /In/), Retirement Agreement (Finish Line Inc /In/), Employment Agreement (Finish Line Inc /In/)

Set Off; No Mitigation. The Company’s obligation to pay Executive the amounts provided and to make the arrangements provided hereunder shall be subject to set-offset‑off, counterclaim or recoupment of amounts owed by Executive to the Company or its affiliates. ; provided, however, that in no event shall Executive shall not be required obligated to mitigate seek other employment or take any other action by way of mitigation of the amount of any payment provided for pursuant amounts payable to this Agreement by seeking other employment, taking into account the provisions of Executive under Section 9 7 of this Agreement.

Appears in 7 contracts

Samples: Employment Agreement (Finish Line Inc /In/), Employment Agreement (Finish Line Inc /In/), Employment Agreement (Finish Line Inc /In/)

Set Off; No Mitigation. The Company’s 's obligation to pay Executive the amounts provided and to make the arrangements provided hereunder shall be subject to set-off, counterclaim or recoupment of amounts monies owed by Executive to the Company or its affiliatesAffiliates. Executive shall not be required to mitigate the amount of any payment provided for pursuant to this Agreement by seeking other employment, taking into account the provisions of Section 9 of this Agreement.

Appears in 5 contracts

Samples: Employment Agreement (Us Can Corp), Employment Agreement (Us Can Corp), Employment Agreement (Us Can Corp)

Set Off; No Mitigation. The Company’s obligation to pay Executive the amounts provided and to make the arrangements provided hereunder shall be subject to set-off, counterclaim or recoupment of amounts owed by Executive to the Company or its affiliates. Executive shall not be required to mitigate the amount of any payment provided for pursuant to this Agreement by seeking other employment, taking into account the provisions of Section 9 of this Agreement.

Appears in 5 contracts

Samples: Employment Agreement (Chart Industries Inc), Employment Agreement (Chart Industries Inc), Employment Agreement (Chart Industries Inc)

Set Off; No Mitigation. The Company’s 's obligation to pay Executive the amounts provided and to make the arrangements provided hereunder shall be subject to set-off, counterclaim or recoupment of amounts owed by Executive to the Company or its affiliates. However, Executive shall not be required to mitigate the amount of any payment provided for pursuant to this Agreement by seeking other employment, taking into account the provisions of Section 9 of this Agreementemployment or otherwise.

Appears in 5 contracts

Samples: Employment Agreement (Westborn Service Center, Inc.), Employment Agreement (Westborn Service Center, Inc.), Employment Agreement (Westborn Service Center, Inc.)

Set Off; No Mitigation. The Company’s obligation to pay Executive the amounts provided and to make the arrangements provided hereunder shall be subject to set-bona fide set off, counterclaim or recoupment in good faith of amounts owed by Executive to the Company or its affiliates. Executive shall not be required to mitigate the amount of any payment provided for pursuant to this Agreement by seeking other employment, taking into account the provisions of Section 9 of this Agreement.

Appears in 5 contracts

Samples: Employment Agreement (Chart Industries Inc), Employment Agreement (Chart Industries Inc), Employment Agreement (Chart Industries Inc)

Set Off; No Mitigation. The Company’s obligation to pay or provide Executive the amounts provided payments and to make the arrangements provided hereunder benefits in accordance with Sections 3, 4, and 5 hereof shall be subject to set-off, counterclaim or recoupment of amounts owed by Executive to the Company Company, its subsidiaries or its affiliatesdirect parent entities. Executive shall not be required to mitigate the amount of any payment provided for pursuant to this Agreement by seeking other employment, taking into account the provisions of Section 9 of this Agreementand such payments shall not be reduced by any compensation or benefits received from any subsequent employer, self-employment or other endeavor.

Appears in 5 contracts

Samples: Employment Agreement, Employment Agreement (Invitation Homes Inc.), Employment Agreement (Invitation Homes Inc.)

Set Off; No Mitigation. The Company’s obligation to pay Executive the amounts provided and to make the arrangements provided hereunder shall be subject to set-off, counterclaim or recoupment of amounts owed by Executive to the Company or its affiliates, except to the extent such set-off would result in a violation of Section 409A of the Code (as defined below). Executive shall not be required to mitigate the amount of any payment provided for pursuant to this Agreement by seeking other employment, taking into account the provisions of Section 9 of this Agreementand such payments shall not be reduced by any compensation or benefits received from any subsequent employer or other endeavor.

Appears in 4 contracts

Samples: Employment Agreement (Hilton Worldwide Holdings Inc.), Employment Agreement (Hilton Worldwide Holdings Inc.), Employment Agreement (Hilton Worldwide Holdings Inc.)

Set Off; No Mitigation. The Company’s obligation to pay Executive the amounts provided and to make the arrangements provided hereunder shall be subject to set-off, counterclaim or recoupment of amounts owed by Executive to the Company or its affiliates. Executive shall not be required to mitigate the amount of any payment provided for pursuant to this Agreement by seeking other employment, taking into account the provisions of Section 9 8(a)(i), (ii) and (iii) of this Agreement, and such payments shall not be reduced by any compensation or benefits received from any subsequent employer or other endeavor except as provided at Section 7(c)(iii)(D)(ii).

Appears in 4 contracts

Samples: Employment Agreement (Pinnacle Foods Finance LLC), Employment Agreement (Pinnacle Foods Finance LLC), Employment Agreement (Pinnacle Foods Finance LLC)

Set Off; No Mitigation. The Company’s obligation to pay Executive the amounts provided and to make the arrangements provided hereunder shall be subject to set-off, counterclaim or recoupment of amounts owed by Executive to the Company or its affiliates. Executive shall not be required to mitigate the amount of any payment provided for pursuant to this Agreement by seeking other employment, taking into account the provisions of and such payments shall not be reduced by any compensation or benefits received from any subsequent employer or other endeavor, except as provided in Section 9 of this Agreement7(c)(ii)(C)(ii).

Appears in 4 contracts

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

Set Off; No Mitigation. The Company’s obligation to pay Executive the amounts provided and to make the arrangements provided hereunder shall be subject to set-off, counterclaim or recoupment of amounts owed by Executive to the Company or its affiliates. The Company agrees that, if Executive’s employment is terminated hereunder, Executive shall not be required obligated to mitigate seek other employment in mitigation of the amount of amounts payable or arrangements made under any payment provided for pursuant to this Agreement by seeking other employment, taking into account the provisions of Section 9 provision of this Agreement, and the obtaining of any such other employment shall in no event effect any reduction of the Company’s obligations to make the payments and arrangements required to be made under this Agreement.

Appears in 4 contracts

Samples: Employment Agreement (Renewable Energy Group, Inc.), Employment Agreement (Renewable Energy Group, Inc.), Employment Agreement (Renewable Energy Group, Inc.)

Set Off; No Mitigation. The Company’s 's obligation to pay Executive the amounts provided and to make the arrangements provided hereunder shall be subject to set-off, counterclaim or recoupment of amounts owed by Executive to the Company or its affiliates. Executive shall not be required to mitigate the amount of any payment provided for pursuant to this Agreement by seeking other employment, taking into account the provisions of Section 9 of this Agreement.

Appears in 4 contracts

Samples: Employment Agreement (Cohen & Steers Inc), Employment Agreement (Cohen & Steers Inc), Employment Agreement (Cohen & Steers Inc)

Set Off; No Mitigation. The Company’s obligation to pay Executive the amounts provided and to make the arrangements provided hereunder shall be subject to set-off, counterclaim or recoupment of amounts owed by Executive to the Company or its affiliates. Executive shall not be required to mitigate the amount of any payment provided for pursuant to this Agreement by seeking other employment, taking into account the provisions of and such payments shall not be reduced by any compensation or benefits received from any subsequent employer or other endeavor, except as provided in Section 9 of this Agreement6(c)(ii)(D).

Appears in 3 contracts

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

Set Off; No Mitigation. The Company’s obligation to pay Executive the amounts provided and to make the arrangements provided hereunder shall be subject to set-off, counterclaim or recoupment of amounts owed by Executive to the Company or its affiliates. ; provided, however, that in no event shall Executive shall not be required obligated to mitigate seek other employment or taken any other action by way of mitigation of the amount of any payment provided for pursuant amounts payable to this Agreement by seeking other employment, taking into account the provisions of Executive under Section 9 7 of this Agreement.

Appears in 3 contracts

Samples: Employment Agreement (Finish Line Inc /In/), Employment Agreement (Finish Line Inc /In/), Employment Agreement (Finish Line Inc /In/)

Set Off; No Mitigation. The Company’s obligation to pay Executive the amounts provided and to make the arrangements provided hereunder shall only be subject to set-off, counterclaim or recoupment of for bona fide and documented debts, personal expenses and other amounts owed by Executive to the Company or its affiliatesCompany, except to the extent such set off would result in a violation of Section 409A of the Code. Executive shall not be required to mitigate the amount of any payment provided for pursuant to this Agreement by seeking other employment, taking into account the provisions of Section 9 of this Agreementand such payments shall not be reduced by any compensation or benefits received from any subsequent employer or other endeavor.

Appears in 2 contracts

Samples: Employment Agreement (Candela Medical, Inc.), Employment Agreement (Candela Medical, Inc.)

Set Off; No Mitigation. The Company’s obligation to pay or provide Executive the amounts provided payments and to make the arrangements provided hereunder benefits in accordance with Sections 3, 4 and 5 hereof shall be subject to set-off, counterclaim or recoupment of amounts owed by Executive to the Company Company, its subsidiaries or its affiliatesdirect parent entities. Executive shall not be required to mitigate the amount of any payment provided for pursuant to this Agreement by seeking other employment, taking into account the provisions of Section 9 of this Agreementand such payments shall not be reduced by any compensation or benefits received from any subsequent employer, self-employment or other endeavor.

Appears in 2 contracts

Samples: Employment Agreement (Invitation Homes Inc.), Employment Agreement (Invitation Homes Inc.)

Set Off; No Mitigation. The Company’s obligation to pay Executive the amounts provided and to make the arrangements provided hereunder shall be subject to set-set off, counterclaim counterclaim, or recoupment of amounts owed by Executive to the Company or its affiliates. ; provided, however, that in no event shall Executive shall not be required obligated to mitigate seek other employment or take any other action by way of mitigation of the amount of any payment provided for pursuant amounts payable to this Agreement by seeking other employment, taking into account the provisions of Executive under Section 9 8 of this Agreement.. (i)

Appears in 2 contracts

Samples: Employment Agreement (NAAC Holdco, Inc.), Employment Agreement (NAAC Holdco, Inc.)

Set Off; No Mitigation. The Company’s obligation to pay the Executive the amounts provided and to make the arrangements provided hereunder shall not be subject to set-off, counterclaim or recoupment of amounts owed by the Executive to the Company or its affiliates. The Executive shall not be required obligated to mitigate the amount of any payment provided for pursuant to this Agreement Salary Continuation Payments payable hereunder by seeking other employment, taking into account or otherwise, nor shall the provisions of Section 9 of this Agreementamounts payable to the Executive hereunder be reduced by compensation earned by the Executive by any subsequent employer.

Appears in 2 contracts

Samples: Employment Agreement (Engility Holdings, Inc.), Employment Agreement (Engility Holdings, Inc.)

Set Off; No Mitigation. The Company’s obligation to pay Executive the amounts provided and to make the arrangements payments provided for in this Agreement and otherwise to perform its obligations hereunder shall be subject to set-off, counterclaim counterclaim, recoupment, defense, or recoupment of amounts owed by other claim, right or action that the Company may have against Executive to the Company extent such set-off or its affiliatesother action does not violate Section 409A of the Code. In no event shall Executive shall not be required obligated to mitigate seek other employment or take any other action by way of mitigation of the amount amounts payable to Executive under any of any payment provided for pursuant to this Agreement by seeking other employment, taking into account the provisions of Section 9 of this Agreement.

Appears in 2 contracts

Samples: Employment Agreement (Graftech International LTD), Employment Agreement (Sunpower Corp)

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Set Off; No Mitigation. The Company’s obligation to pay Executive the amounts provided and to make the arrangements provided hereunder shall be subject to set-off, counterclaim or recoupment of amounts owed by Executive to the Company or its affiliates. ; provided, however, that in no event shall Executive shall not be required obligated to mitigate seek other employment or take any other action by way of mitigation of the amount of any payment provided for pursuant amounts payable to this Agreement by seeking other employment, taking into account the provisions of Executive under Section 9 8 of this Agreement.

Appears in 2 contracts

Samples: Retirement Agreement (Finish Line Inc /In/), Employment Agreement (Stonegate Mortgage Corp)

Set Off; No Mitigation. The Company’s obligation to pay Executive the amounts provided and to make the arrangements provided hereunder shall not be subject to set-offset‑off, counterclaim or recoupment of amounts owed by Executive to the Company or its affiliatessubsidiaries. Executive shall not be required to mitigate the amount of any payment provided for pursuant to this Agreement by seeking other employment, taking into account the provisions of and such payments shall not be reduced by any compensation or benefits received from any subsequent employer or other endeavor, except as provided in Section 9 of this Agreement6(c)(iii)(E).

Appears in 2 contracts

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

Set Off; No Mitigation. The Company’s obligation to pay Executive the amounts provided herein and to make the arrangements provided hereunder shall be subject to set-off, counterclaim or recoupment of amounts owed by Executive to the any Company or its affiliatesGroup member. Executive shall not be required to mitigate the amount of any payment provided for pursuant to this Agreement by seeking other employment, taking into account the provisions of Section 9 of this Agreementand such payments shall not be reduced by any compensation or benefits received from any subsequent employer, self- employment or other endeavor.

Appears in 2 contracts

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

Set Off; No Mitigation. The Company’s obligation to pay Executive the amounts provided and to make the arrangements provided hereunder shall not be subject to set-off, counterclaim or recoupment of amounts owed by Executive to the Company or its affiliates, except for the Promote Set-Off. Executive shall not be required to mitigate the amount of any payment provided for pursuant to this Agreement by seeking other employment, taking into account the provisions of Section 9 of this Agreementand such payments shall not be reduced by any compensation or benefits received from any subsequent employer, self-employment or other endeavor.

Appears in 1 contract

Samples: Employment Agreement (Nevada Property 1 LLC)

Set Off; No Mitigation. The Company’s obligation to pay Executive the amounts provided and to make the arrangements provided hereunder shall be subject to set-off, counterclaim or recoupment of amounts owed by Executive to the Company or its affiliates. Executive shall not be required to mitigate the amount of any payment provided for pursuant to this Agreement by seeking other employment, taking into account the provisions of and such payments shall not be reduced by any compensation or benefits received from any subsequent employer or other endeavor except as provided at Section 9 of this Agreement7(c)(iii)(C)(ii).

Appears in 1 contract

Samples: Employment Agreement (Ahny-Iv LLC)

Set Off; No Mitigation. The Company’s obligation to pay Executive the amounts provided herein and to make the arrangements provided hereunder shall not be subject to set-off, counterclaim or recoupment of amounts owed by Executive to the any Company or its affiliatesGroup member. Executive shall not be required to mitigate the amount of any payment provided for pursuant to this Agreement by seeking other employment, taking into account the provisions of Section 9 of this Agreementand such payments shall not be reduced by any compensation or benefits received from any subsequent employer, self-employment or other endeavor.

Appears in 1 contract

Samples: Employment Agreement (Bumble Inc.)

Set Off; No Mitigation. The Company’s obligation to pay Executive the amounts provided and to make the arrangements arrangement provided hereunder shall be subject to set-off, counterclaim or recoupment of amounts owed by Executive to the Company or its affiliates. ; provided, however, that in no event shall Executive shall not be required obligated to mitigate seek other employment or taken any other action by way of mitigation of the amount of any payment provided for pursuant amounts payable to this Agreement by seeking other employment, taking into account the provisions of Executive under Section 9 7 of this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Finish Line Inc /In/)

Set Off; No Mitigation. The Company’s obligation to pay Executive the amounts provided and to make the arrangements provided hereunder shall be subject to set-off, counterclaim or recoupment of amounts owed by Executive to the Company or its affiliates. Executive shall not be required to mitigate the amount of any payment provided for pursuant to this Agreement by seeking other employment, taking into account the provisions of and such payments shall not be reduced by any compensation or benefits received from any subsequent employer or other endeavor, except as provided in Section 9 of this Agreement7(c)(iii)(D)(ii).

Appears in 1 contract

Samples: Employment Agreement (Ahny-Iv LLC)

Set Off; No Mitigation. The Company’s obligation to pay Executive the amounts provided and to make the arrangements provided hereunder shall only be subject to set-off, counterclaim or recoupment of for bona fide and documented debts, personal expenses and other amounts owed by Executive to the Company or its affiliatesexcept to the extent such set off would result in a violation of Section 409A of the Code. Executive shall not be required to mitigate the amount of any payment provided for pursuant to this Agreement by seeking other employment, taking into account the provisions of Section 9 of this Agreementand such payments shall not be reduced by any compensation or benefits received from any subsequent employer or other endeavor.

Appears in 1 contract

Samples: Employment Agreement (Candela Medical, Inc.)

Set Off; No Mitigation. The Company’s obligation to pay Executive the amounts provided and to make the arrangements provided hereunder shall be subject to set-off, counterclaim or recoupment of amounts owed by Executive to the Company or its affiliates. Executive shall not be required to mitigate the amount of any payment provided for pursuant to this Agreement by seeking other employment, taking into account the provisions of Section 9 of this Agreementand such payments shall not be reduced by any compensation or benefits received from any subsequent employer or other endeavor.

Appears in 1 contract

Samples: Employment Agreement (Apria Healthcare Group Inc)

Set Off; No Mitigation. The Company’s obligation to pay Executive the amounts provided and to make the arrangements provided hereunder shall be subject to set-off, counterclaim or recoupment of amounts owed by Executive to the Company or its affiliates. Executive shall not be required to mitigate the amount of any payment provided for pursuant to this Agreement by seeking other employment, taking into account the provisions of Section 9 10 of this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Travelport LTD)

Set Off; No Mitigation. The Company’s obligation to pay Executive the amounts provided and to make the arrangements provided hereunder shall be subject to set-off, counterclaim or recoupment of undisputed amounts owed by Executive to the Company or its affiliates. The Company agrees that, if Executive’s employment is terminated hereunder, Executive shall not be required obligated to mitigate seek other employment in mitigation of the amount of amounts payable or arrangements made under any payment provided for pursuant to this Agreement by seeking other employment, taking into account the provisions of Section 9 provision of this Agreement, and the obtaining of any such other employment shall in no event effect any reduction of the Company’s obligations to make the payments and arrangements required to be made under this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Renewable Energy Group, Inc.)

Set Off; No Mitigation. The Company’s 's obligation to pay Executive the amounts provided and to make the arrangements provided hereunder shall be subject to set-off, counterclaim or recoupment of amounts owed by Executive to the Company or its affiliates. ; provided, however, that in no event shall Executive shall not be required obligated to mitigate seek other employment or take any other action by way of mitigation of the amount of any payment provided for pursuant amounts payable to this Agreement by seeking other employment, taking into account the provisions of Executive under Section 9 3 of this Agreement.

Appears in 1 contract

Samples: Severance Agreement (Vectren Corp)

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