No Mitigation Duty Sample Clauses
The No Mitigation Duty clause establishes that a party is not required to take steps to reduce or minimize losses or damages resulting from a breach of contract. In practice, this means that if one party fails to fulfill its obligations, the other party is not obligated to seek alternative solutions, such as finding replacement services or goods, to lessen the impact of the breach. This clause is typically used to allocate risk by making the breaching party fully responsible for all resulting losses, regardless of whether the non-breaching party could have taken action to reduce those losses.
No Mitigation Duty. The Corporation shall not be entitled to set off any of the following amounts against the payments or benefits to which the Executive may become entitled under Part Three of this Agreement: (i) any amounts which the Executive may subsequently earn through other employment or service following his termination of employment with the Corporation or (ii) any amounts which the Executive might have potentially earned in other employment or service had he sought such other employment or service.
No Mitigation Duty. The amounts payable to the Executive pursuant to this Section 11 will not be reduced by the amount of any income that the Executive earns or could earn from alternative employment following the Date of Termination. The Company waives any duty that the Executive might have under law to mitigate his damages by seeking alternative employment.
No Mitigation Duty. The Executive shall have no duty to mitigate the amount of the Severance Payment, or the COBRA payments described in Section 3.7(a), by seeking other employment or by taking any other action, and the amount of the Severance Payment shall not be reduced by any income that the Executive receives from subsequent employment.
No Mitigation Duty. The Company shall not be entitled to set off any of the following amounts against the Change in Control Severance Benefits to which you may become entitled under Part Two of this Agreement: (i) any amounts which you may subsequently earn through other employment or service following your termination of employment with the Company or (ii) any amounts which you might have potentially earned in other employment or service had you sought such other employment or service.
No Mitigation Duty. Notwithstanding any other provision of this Agreement, Executive shall not be obligated in any way to mitigate the Employer's obligations to him under this Section 6, and any amounts earned by Executive subsequent to his termination of employment with Employer shall not serve as an offset to the payments due him by the Employer under this Section 6.
No Mitigation Duty. The Company shall not be entitled to set off any of the following amounts against the payments or benefits to which the Employee may become entitled under this Agreement: (i) any amounts which the Employee may subsequently earn through other employment or service following his Termination Date with the Company or (ii) any amounts which the Employee might have potentially earned in other employment or service had he sought such other employment or service.