Mitigation. In no event shall the Executive be obligated 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. Any severance benefits payable to the Executive shall not be subject to reduction for any compensation received from other employment.
Appears in 24 contracts
Sources: Employment Agreement, Employment Agreement, Employment Agreement (Federal Home Loan Bank of Des Moines)
Mitigation. In no event shall the Executive be obligated 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. Any severance benefits payable to the Executive shall not be subject to reduction for any compensation received from other employment.
Appears in 23 contracts
Sources: Employment Agreement (Nodechain, Inc.), Employment Agreement (Nodechain, Inc.), Employment Agreement (Nodechain, Inc.)
Mitigation. In no event shall the Executive be obligated 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. Any severance benefits payable to the Executive shall not be subject to reduction for any compensation received from other employment.
Appears in 20 contracts
Sources: Transition Employment Agreement (Spectrum Brands Holdings, Inc.), Employment Agreement (Spectrum Brands Holdings, Inc.), Employment Agreement (Spectrum Brands, Inc.)
Mitigation. In no event shall the Executive be obligated to seek other employment or take any other action by way of mitigation of the amounts (including amounts for damages for breach) payable to the Executive under any of the provisions of this Agreement. Any severance benefits payable to the Executive , and such amounts shall not be subject to reduction for any compensation received from reduced whether or not the Executive obtains other employment.
Appears in 19 contracts
Sources: Separation Pay Agreement (Vapotherm Inc), Separation Pay Agreement (Vapotherm Inc), Separation Pay Agreement (Vapotherm Inc)
Mitigation. In no event shall the Executive be obligated 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. Any severance benefits payable to Agreement nor shall the Executive shall not amount of any payment or benefit hereunder be subject to reduction for reduced by any compensation received from other employmentearned by Executive as a result of employment by another employer.
Appears in 17 contracts
Sources: Severance and Change of Control Agreement (SMART Global Holdings, Inc.), Severance and Change of Control Agreement, Severance and Change of Control Agreement (SMART Global Holdings, Inc.)
Mitigation. In no event shall the Executive be obligated 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. Any severance benefits payable to the Executive , and except as set forth in Section 4, such amounts shall not be subject to reduction for any compensation received from reduced whether or not the Executive obtains other employment.
Appears in 14 contracts
Sources: Executive Change in Control Agreement, Executive Change in Control Agreement (Advanced Energy Industries Inc), Executive Change in Control Agreement (Advanced Energy Industries Inc)
Mitigation. In no event shall the Executive be obligated to seek other employment or to take any other action by way of mitigation of the amounts payable to the Executive under any of the provisions of this Agreement. Any severance benefits payable to the Executive shall not be subject to reduction for any compensation received from other employmentSection 6.
Appears in 13 contracts
Sources: Employment Agreement (United Homes Group, Inc.), Employment Agreement (Century Communities, Inc.), Employment Agreement (Century Communities, Inc.)
Mitigation. In no event shall the Executive be obligated 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. Any severance benefits payable to the Executive Agreement and, except as provided in section 3.4, such amounts shall not be subject to reduction for any compensation received from reduced whether or not Executive obtains other employment.
Appears in 13 contracts
Sources: Change of Control Agreement (Ch2m Hill Companies LTD), Executive Change of Control Agreement (Ch2m Hill Companies LTD), Executive Change of Control Agreement (Ch2m Hill Companies LTD)
Mitigation. In no event shall the Executive be obligated 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. Any severance benefits payable to , nor shall the Executive shall not amount of any payment hereunder be subject to reduction for reduced by any compensation received from other employmentearned by Executive as a result of employment by another employer.
Appears in 12 contracts
Sources: Executive Severance Agreement (Snyder's-Lance, Inc.), Executive Severance Agreement (Snyder's-Lance, Inc.), Executive Severance Agreement (Snyder's-Lance, Inc.)
Mitigation. In no event shall the Executive be obligated 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. Any severance benefits payable to the Executive shall not be subject to reduction for any compensation received from other employment.
Appears in 11 contracts
Sources: Employment Agreement (Federal Home Loan Bank of Des Moines), Employment Agreement (Federal Home Loan Bank of Des Moines), Employment Agreement (Federal Home Loan Bank of Des Moines)
Mitigation. In no event shall the Executive be obligated to seek other employment or take any other action by way of mitigation of to mitigate the amounts payable to the Executive under any of the provisions of this Agreement. Any severance benefits payable to , nor shall the Executive shall not amount of any payment hereunder be subject to reduction for reduced by any compensation received from other employmentearned as result of Executive’s employment by another employer.
Appears in 9 contracts
Sources: Employment Agreement (Graham Packaging Co Inc.), Employment Agreement (Graham Packaging Co Inc.), Employment Agreement (Graham Packaging Co Inc.)
Mitigation. In no event shall the Executive be obligated 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. Any severance benefits payable to Notwithstanding this Section 8, the Executive shall not continue to be subject to reduction all of the restrictions provided for any compensation received from other employmentin Section 9 of this Agreement during the Severance Period.
Appears in 9 contracts
Sources: Employment Agreement (Arcadia Resources, Inc), Employment Agreement (Arcadia Resources, Inc), Employment Agreement (Arcadia Resources, Inc)
Mitigation. In no event shall the Executive be obligated 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. Any severance benefits payable to the Executive shall not be subject to reduction for any compensation received from other employment.
Appears in 8 contracts
Sources: Employment Agreement (SB/RH Holdings, LLC), Employment Agreement (SB/RH Holdings, LLC), Employment Agreement (SB/RH Holdings, LLC)
Mitigation. In no event shall the Executive be obligated 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. Any severance benefits Agreement and except as provided in Section V.B.2, any amounts payable pursuant to the Executive this Section V shall not be subject to reduction for any reduced by compensation received from other employmentthe Executive earns on account of employment with another employer.
Appears in 7 contracts
Sources: Employment Agreement (Volato Group, Inc.), Employment Agreement (Volato Group, Inc.), Employment Agreement (Volato Group, Inc.)
Mitigation. In no event shall the Executive be obligated to seek other employment or take any other action by way of mitigation of to mitigate the amounts payable to the Executive under any of the provisions of this Agreement. Any severance benefits payable to , nor shall the Executive shall not amount of any payment hereunder be subject to reduction for reduced by any compensation received from other employmentearned as result of Executive's employment by another employer.
Appears in 7 contracts
Sources: Employment Agreement (GPC Capital Corp Ii), Employment Agreement (Graham Packaging Co), Employment Agreement (Graham Packaging Co)
Mitigation. In no event shall the Executive be obligated 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. Any severance benefits Agreement and any amounts payable pursuant to the Executive this Section 4 shall not be subject to reduction for any reduced by compensation received from other employmentthe Executive earns on account of employment with another employer.
Appears in 6 contracts
Sources: Employment Agreement (THUMZUP MEDIA Corp), Employment Agreement (THUMZUP MEDIA Corp), Employment Agreement (Mercury Systems Inc)
Mitigation. In no event shall the Executive be obligated 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. Any severance benefits Agreement and except as provided in Section 2.2(c) or Section 2.4(a)(iii), any amounts payable pursuant to the Executive this Section 2 shall not be subject to reduction for any reduced by compensation received from other employmentthe Executive earns on account of employment with another employer.
Appears in 6 contracts
Sources: Separation Pay Agreement (Shockwave Medical, Inc.), Separation Pay Agreement (Shockwave Medical, Inc.), Separation Pay Agreement (ShockWave Medical, Inc.)
Mitigation. In no event shall the Executive be obligated 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. Any Except as otherwise set forth herein with respect to health, prescription drug, dental, disability and life insurance benefits, any severance benefits payable to the Executive shall not be subject to reduction for any compensation received from other employment.
Appears in 5 contracts
Sources: Employment Agreement (Geospatial Corp), Employment Agreement (Geospatial Holdings, Inc.), Employment Agreement (Geospatial Holdings, Inc.)
Mitigation. In no event shall the Executive be obligated 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. Any severance benefits payable to , nor shall the amount of any payment thereunder be reduced by any compensation earned by the Executive shall as a result of employment by another employer not be subject to reduction for any compensation received from other employmentin violation of this Agreement.
Appears in 5 contracts
Sources: Employment Agreement (Flexpetz Holdings Inc), Employment Agreement (King Capital Holdings Inc), Employment Agreement (Chaolei Marketing & Finance Co.)
Mitigation. In no event shall the Executive be obligated 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. Any severance benefits payable to the Executive , and such amounts shall not be subject to reduction for any compensation received from reduced whether or not the Executive obtains other employment.
Appears in 5 contracts
Sources: Employment Agreement (MFN Financial Corp), Employment Agreement (MFN Financial Corp), Employment Agreement (MFN Financial Corp)
Mitigation. In no event shall the Executive be obligated 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. Any severance benefits payable to the Executive Agreement and such amounts shall not be subject to reduction for any compensation received from reduced, regardless of whether the Executive obtains other employment.
Appears in 4 contracts
Sources: Employment Agreement (Alliancebernstein Holding L.P.), Employment Agreement (Alliancebernstein Holding L.P.), Employment Agreement (Alliancebernstein L.P.)
Mitigation. In no event shall the Executive be obligated 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. Any severance benefits payable to Agreement nor shall the amount of any payment or benefit hereunder be reduced by any compensation earned by Executive shall as a result of employment by another employer, including, but not be subject to reduction limited to, Executive’s eligibility for any compensation received from other employmentretiree health benefits.
Appears in 4 contracts
Sources: Employment Agreement (CVS HEALTH Corp), Employment Agreement (Aetna Inc /Pa/), Employment Agreement (Aetna Inc /Pa/)
Mitigation. In no event shall the Executive be obligated 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. Any severance benefits Agreement and, any amounts payable pursuant to the Executive this Section 4 shall not be subject to reduction for any reduced by compensation received from other employmentthe Executive earns on account of employment with a subsequent employer.
Appears in 4 contracts
Sources: Employment Agreement (Royale Energy, Inc.), Employment Agreement (Royale Energy, Inc.), Employment Agreement (Royale Energy, Inc.)
Mitigation. In no event shall the Executive be obligated 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. Any severance benefits payable , and, except with respect to the Executive COBRA Payments and the Outplacement Payments, any amounts payable pursuant to this Agreement shall not be subject to reduction for any reduced by compensation received from other employmentthat Executive earns on account of employment with another employer.
Appears in 4 contracts
Sources: Employment Agreement (Construction Partners, Inc.), Executive Employment Agreement (National Commerce Corp), Executive Employment Agreement (National Commerce Corp)
Mitigation. In no event shall the Executive be obligated 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. Any severance benefits payable to the Executive , and except as set forth in paragraph 4 above, such amounts shall not be subject to reduction for any compensation received from reduced whether or not the Executive obtains other employment.
Appears in 3 contracts
Sources: Executive Change in Control Severance Agreement (TTM Technologies Inc), Executive Change in Control Severance Agreement (TTM Technologies Inc), Executive Change in Control Severance Agreement (TTM Technologies Inc)
Mitigation. In no event shall the Executive be obligated 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. Any severance benefits , and any amounts payable pursuant to the Executive this Agreement shall not be subject to reduction for any reduced by compensation received from other employmentthat Executive earns on account of employment with another employer.
Appears in 3 contracts
Sources: Executive Employment Agreement (National Commerce Corp), Executive Employment Agreement (National Commerce Corp), Executive Employment Agreement (National Commerce Corp)
Mitigation. In no event shall the Executive be obligated 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. Any severance benefits Agreement and except as provided in Section 2.1(c) (with respect to medical insurance continuation), any amounts payable pursuant to the Executive Section 2 shall not be subject to reduction for any reduced by compensation received from other employmentExecutive earns on account of employment with another employer.
Appears in 3 contracts
Sources: Change in Control Agreement (Flagstar Bancorp Inc), Change in Control Agreement (Flagstar Bancorp Inc), Change in Control Agreement (Flagstar Bancorp Inc)
Mitigation. In no event shall the Executive be obligated 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. Any severance benefits payable to agreement, nor shall the Executive shall not amount of any payment hereunder be subject to reduction for reduced by any compensation received from earned by Executive as a result of employment by another employer, other employmentthan as provided in Paragraph 2.5(e) herein.
Appears in 3 contracts
Sources: Compensation and Benefits Assurance Agreement (Whirlpool Corp /De/), Compensation and Benefits Assurance Agreement (Whirlpool Corp /De/), Compensation and Benefits Assurance Agreement (Whirlpool Corp /De/)
Mitigation. In no event shall the Executive be obligated 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. Any severance benefits payable , nor shall any employment of the Executive affect the obligations of the Company to the Executive shall not be subject to reduction for any compensation received from other employmentunder this Agreement.
Appears in 3 contracts
Sources: Employment Agreement (Applied Minerals, Inc.), Severance Agreement (Flow International Corp), Employment Agreement (Flow International Corp)
Mitigation. In no event shall the Executive be obligated 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. Any severance benefits payable to the Executive Agreement and such amounts shall not be subject to reduction for any compensation received from reduced whether or not Executive obtains other employment.
Appears in 3 contracts
Sources: Executive Employment Agreement (Cooperative Computing Inc /De/), Employment Agreement (Innofone Com Inc), Employment Agreement (Innofone Com Inc)
Mitigation. In no event shall the Executive be obligated to seek other employment or take any other action by way of mitigation of the amounts payable to the Executive him under any of the provisions of this Agreement. Any severance benefits payable to the Executive , and such amounts shall not be subject to reduction for any compensation received from reduced whether or not the Executive obtains other employment.
Appears in 3 contracts
Sources: Employment Agreement (Marimed Inc.), Employment Agreement (Marimed Inc.), Employment Agreement (Marimed Inc.)
Mitigation. In no event shall the Executive be obligated 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. Any severance benefits payable to the Executive , and except as set forth in Section 4 , such amounts shall not be subject to reduction for any compensation received from reduced whether or not the Executive obtains other employment.
Appears in 3 contracts
Sources: Executive Change in Control Agreement (Advanced Energy Industries Inc), Executive Change in Control Agreement (Advanced Energy Industries Inc), Executive Change in Control Agreement (Advanced Energy Industries Inc)
Mitigation. In no event shall the Executive be obligated to seek other employment or take any other action by way of mitigation of to mitigate the amounts payable to the Executive under any of the provisions of this Agreement. Any severance , nor shall the amount of any payment hereunder be reduced by any compensation earned as result of the Executive’s employment by another employer, except that any continued welfare benefits payable provided for by Section 4.3 shall not duplicate any benefits that are provided to the Executive and his family by such other employer and shall not be subject secondary to reduction for any compensation received from coverage provided by such other employmentemployer.
Appears in 3 contracts
Sources: Employment Agreement (Anchor Glass Container Corp /New), Employment Agreement (Anchor Glass Container Corp /New), Employment Agreement (Anchor Glass Container Corp /New)
Mitigation. In no event shall will the Executive be obligated to seek other employment or take any other action by way of mitigation of the amounts (including amounts for damages for breach) payable to the Executive under any of the provisions of this Agreement. Any severance benefits payable to Agreement and those amounts will not be reduced simply because the Executive shall not be subject to reduction for any compensation received from obtains other employment.
Appears in 2 contracts
Sources: Employment Agreement (JOANN Inc.), Employment Agreement (Jo-Ann Stores Inc)
Mitigation. In no event shall the Executive be obligated 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. Any Except as otherwise set forth herein with respect to health, prescription drug, dental disability and life insurance benefits, any severance benefits payable to the Executive shall not be subject to reduction for any compensation received from other employment.
Appears in 2 contracts
Sources: Employment Agreement (Geospatial Corp), Employment Agreement (Geospatial Corp)
Mitigation. In no event shall the Executive be obligated 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 provision of this Agreement. Any severance benefits Agreement and any amounts payable to the Executive pursuant to this Section 6 shall not be subject to reduction for reduced by any compensation received from other employmentearned by the Executive on account of employment with another employer following the termination of his employment hereunder.
Appears in 2 contracts
Sources: Employment Agreement (BSD Medical Corp), Employment Agreement (BSD Medical Corp)
Mitigation. In no event shall the Executive be obligated 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. Any severance benefits payable to , provided that if the Executive obtains other employment during the Employment Period, the amounts otherwise required to be paid hereunder (other than Accrued Obligations) shall not be subject to reduction for reduced by any compensation received from amounts he is paid as a result of such other employmentemployment during the Employment Period.
Appears in 2 contracts
Sources: Employment Agreement (HSN Inc), Employment Agreement (HSN Inc)
Mitigation. In no event shall the Executive be obligated 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 Compensation and Benefits Assurance Agreement. Any severance benefits payable to , nor shall the Executive shall not amount of any payment hereunder be subject to reduction for reduced by any compensation received from earned by Executive as a result of employment by another employer, other employmentthan as provided in Subparagraph 4(c)(v) herein.
Appears in 2 contracts
Sources: Compensation and Benefits Assurance Agreement (Lance Inc), Compensation and Benefits Assurance Agreement (Lance Inc)
Mitigation. In no event shall the Executive be obligated 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. Any severance benefits payable to the Executive Agreement and such amounts shall not be subject to reduction for any compensation received from offset or otherwise reduced whether or not the Executive obtains other employment.
Appears in 2 contracts
Sources: Employment Agreement (Inventiv Health Inc), Employment Agreement (Inventiv Health Inc)
Mitigation. In no event shall the Executive be obligated 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. Any severance benefits payable to , nor shall the Executive shall not amount of any payment hereunder be subject to reduction for reduced by any compensation received from earned by Executive as a result of employment by another employer, other employmentthan as provided in Subparagraph 4(c)(v) herein.
Appears in 2 contracts
Sources: Compensation and Benefits Assurance Agreement (Lance Inc), Compensation and Benefits Assurance Agreement (Lance Inc)
Mitigation. In no event shall the Executive be obligated 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. Any severance benefits payable to the Executive , and such amounts shall not be subject to reduction for any compensation received from reduced whether or not Executive obtains other employment.
Appears in 2 contracts
Sources: Employment Agreement (Cme Group Inc.), Employment Agreement (Cme Group Inc.)
Mitigation. In no event shall the Executive be obligated 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. Any Except as otherwise set forth herein with respect to health insurance benefits, any severance benefits payable to the Executive shall not be subject to reduction for any compensation received from other employment.
Appears in 1 contract
Mitigation. In no event shall the Executive be obligated to seek other employment or take any other action by way of mitigation of to mitigate the amounts payable to the Executive under any of the provisions of this Agreement. Any severance benefits payable to , nor shall the Executive shall not amount of any payment hereunder be subject to reduction for reduced by any compensation received from other employmentearned as result of the Executive's employment by another employer.
Appears in 1 contract
Sources: Employment Agreement (Anchor Glass Container Corp /New)
Mitigation. In no event shall the Executive be obligated 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. Any severance benefits payable to the Executive shall not be subject to reduction for any compensation received from other employment.
Appears in 1 contract
Mitigation. In no event shall the Executive be obligated 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. Any severance benefits payable to the Executive shall not be subject to reduction for any compensation received from other employment.15
Appears in 1 contract
Sources: Employment Agreement
Mitigation. In no event The Executive shall the Executive not be obligated 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. Any severance benefits payable to , nor shall the amount of any payment hereunder be reduced by any compensation earned by the Executive shall not be subject to reduction for any compensation received from other employmentas a result of employment by another employer.
Appears in 1 contract
Sources: Change of Control Severance Agreement (Telemundo Group Inc)
Mitigation. In no event shall the Executive be obligated 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. Any severance benefits payable to the Executive , and except as set forth inSection 4 , such amounts shall not be subject to reduction for any compensation received from reduced whether or not the Executive obtains other employment.
Appears in 1 contract
Sources: Executive Change in Control Agreement (Advanced Energy Industries Inc)
Mitigation. In no event shall the Executive be obligated 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. Any severance benefits payable to the Executive Agreement and except as expressly provided, such amounts shall not be subject to reduction for any compensation received from reduced whether or not Executive obtains other employment.
Appears in 1 contract
Mitigation. In no event shall the Executive be obligated 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. Any severance benefits payable to , nor shall the Executive shall not amount of any payment hereunder be subject to reduction for reduced by any compensation received from other employmentearned by Executive as a result of employment by a subsequent employer.
Appears in 1 contract
Mitigation. In no event shall the Executive be obligated 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. Any severance benefits payable to the Executive shall not be subject to reduction for any compensation received from other employmentemployment except as provided for welfare benefits in subsection 5.2.2.
Appears in 1 contract
Sources: Employment Agreement (Gatx Corp)
Mitigation. In no event shall the Executive be obligated 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. Any severance benefits Agreement and except as provided in Sections 2.1(c) and 2.2(c) (with respect to medical insurance continuation), any amounts payable pursuant to the Executive Section 2 shall not be subject to reduction for any reduced by compensation received from other employmentExecutive earns on account of employment with another employer.
Appears in 1 contract
Sources: Severance and Change in Control Agreement (LSB Industries Inc)
Mitigation. In no event shall the Executive be obligated 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. Any severance benefits Agreement and except as provided in Sections 5.2(c) and 5.3(c), any amounts payable pursuant to the Executive this Section shall not be subject to reduction for any reduced by compensation received from other employmentor benefits the Executive earns on account of employment with another employer.
Appears in 1 contract
Mitigation. In no event shall the Executive be obligated 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. Any severance benefits payable to agreement, nor shall the Executive shall not amount of any payment hereunder be subject to reduction for reduced by any compensation received from earned by Executive as a result of employment by another employer, other employmentthan as provided in Paragraph 2.5(e) hereof.
Appears in 1 contract
Sources: Compensation and Benefits Assurance Agreement (Whirlpool Corp /De/)
Mitigation. In no event The Executive shall the Executive not be obligated 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. Any severance benefits , and the amount payable to the Executive under this Agreement shall not be subject to reduction for any compensation received from reduced in the event that Executive obtains other employment.
Appears in 1 contract
Sources: Executive Employment Agreement (Taylor Capital Group Inc)
Mitigation. In no event shall the Executive be obligated to seek other employment and, except as otherwise expressly provided in 4(c)(iii) or 4(d) with respect to participation in certain Employee Benefit Plans, also the Executive shall not be obligated to take any other action by way of mitigation of the amounts payable to the Executive under any of the provisions of this Agreement. Any severance benefits payable to the Executive Agreement and such amounts shall not be subject to reduction for any compensation received from reduced whether or not the Executive obtains other employment.
Appears in 1 contract
Sources: Employment Agreement (Mykrolis Corp)
Mitigation. In no event shall the Executive be obligated to seek other employment or to take any other action by way of mitigation of the amounts payable to the Executive under any of the provisions of this AgreementSection 6. Any severance benefits payable to the Executive shall not be subject to reduction for any compensation received from other employment.12
Appears in 1 contract
Mitigation. In no event shall the Executive be obligated 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. Any severance benefits payable , nor shall any employment of the Executive affect the obligations of the Company to the Executive shall not be subject to reduction for any compensation received from other employmentunder this Agreement except as provided in 7.2.1.
Appears in 1 contract
Mitigation. In no event shall the Executive be obligated 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 Amended Agreement. Any severance benefits payable , nor shall any employment of the Executive affect the obligations of the Company to the Executive shall not be subject to reduction for any compensation received from other employmentunder this Amended Agreement.
Appears in 1 contract
Mitigation. In no event shall the Executive be obligated 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. Any severance benefits Agreement and except as provided in Section 5.2(c), any amounts payable pursuant to the Executive this Section shall not be subject to reduction for any reduced by compensation received from other employmentthe Executive earns on account of employment with another employer.
Appears in 1 contract
Mitigation. In no event shall the Executive be obligated to seek other employment or take any other action by way of mitigation of to mitigate the amounts payable or benefits provided to the Executive under any of the provisions of this Agreement. Any severance , nor shall any such payments or benefits payable to be reduced by any earnings or benefits that the Executive shall not be subject to reduction for may receive from any compensation received from other employmentsource.
Appears in 1 contract
Sources: Retention Agreement (Maxygen Inc)
Mitigation. In no event The Executive shall the Executive not be obligated 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. Any severance benefits , and the amount payable to the Executive under this Agreement shall not be subject to reduction for any compensation received from reduced whether or not the Executive obtains other employment.
Appears in 1 contract
Sources: Executive Employment Agreement (Taylor Capital Group Inc)
Mitigation. In no event shall the Executive be obligated 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. Any severance benefits payable to the Executive shall not be subject to reduction for any compensation received from other employment.
Appears in 1 contract