Common use of Mitigation of Damages Clause in Contracts

Mitigation of Damages. In no event shall the Executive be obliged to seek other employment or take any other action by way of mitigation of the amounts payable to the Executive under any of the provisions of this Agreement, nor shall the amount of any payment hereunder be reduced by any compensation earned by the Executive as a result of employment by another employer, except as set forth in this Agreement.

Appears in 30 contracts

Sources: Executive Employment Agreement (KAMAN Corp), Executive Employment Agreement (KAMAN Corp), Executive Employment Agreement (Clinical Data Inc)

Mitigation of Damages. In no event shall the Executive be obliged to seek other employment or take any other action by way of mitigation of the amounts severance benefits payable to the Executive under any of the provisions of this Agreement, nor shall the amount of any payment severance benefit hereunder be reduced by any compensation earned by the Executive as a result of employment by another employer, except as set forth in this Agreement.

Appears in 28 contracts

Sources: Employment Agreement (Lisata Therapeutics, Inc.), Employment Agreement (Lisata Therapeutics, Inc.), Consultancy and Employment Agreement (INX LTD)

Mitigation of Damages. In no event shall the Executive be obliged to seek other employment or take any other action by way of mitigation of the amounts payable to the Executive under any of the provisions of this Agreement, nor shall the amount of any payment hereunder be reduced by any compensation earned by the Executive as a result of employment by another employer, except as set forth in this Agreement.any

Appears in 1 contract

Sources: Executive Employment Agreement (Clinical Data Inc)