No Mitigation or Offset. In the event of any termination of Executive’s employment hereunder, Executive shall be under no obligation to seek other employment or otherwise mitigate the obligations of the Company under this Agreement, and there shall be no offset against amounts due Executive under this Agreement on account of future earnings by Executive.
Appears in 19 contracts
Sources: Employment Agreement (Hoth Therapeutics, Inc.), Employment Agreement (Legacy Education Inc.), Employment Agreement (Sidus Space Inc.)
No Mitigation or Offset. In the event of any termination of Executive’s employment hereunder, Executive shall be under no obligation to seek other employment or otherwise mitigate the obligations of the Company under this Agreement, and there shall be no offset against amounts due Executive under this Agreement on account of future earnings amounts purportedly owing by ExecutiveExecutive to the Company or amounts earned by Executive from any source. Any amounts due to Executive under this Agreement upon termination of employment are considered to be reasonable by the Company and are not in the nature of a penalty.
Appears in 15 contracts
Sources: Employment Agreement (Sotherly Hotels Lp), Employment Agreement (Sotherly Hotels Lp), Employment Agreement (Sotherly Hotels Lp)
No Mitigation or Offset. In the event of any termination of the Executive’s employment hereunderemployment, the Executive shall not be under no obligation required to seek other employment to mitigate damages, and any income earned by the Executive from other employment or otherwise mitigate the self-employment shall not be offset against any obligations of the Company and its Affiliates to Executive under this Agreement, and there shall be no offset against amounts due Executive under this Agreement on account of future earnings by Executive.
Appears in 14 contracts
Sources: Change in Control Severance Agreement (Treace Medical Concepts, Inc.), Change in Control Severance Agreement (Treace Medical Concepts, Inc.), Change in Control Severance Agreement (Treace Medical Concepts, Inc.)
No Mitigation or Offset. In the event of At any termination of the Executive’s employment hereunderemployment, the Executive shall be under have no obligation to seek other employment or otherwise mitigate the obligations of the Company under this Agreement, and there employment. There shall be no offset against amounts due the Executive under this Agreement on account of future earnings any remuneration attributable to any later employment, consultancy, partnership, or other remunerative activity connected with the Executive. However, the Employer may offset any amounts owed by Executive.the Executive to the Employer or any of its subsidiaries or affiliates against amounts due to the Executive under this Agreement
Appears in 11 contracts
Sources: Employment Agreement (FX Real Estate & Entertainment Inc.), Employment Agreement (FX Real Estate & Entertainment Inc.), Employment Agreement (FX Real Estate & Entertainment Inc.)
No Mitigation or Offset. In the event of any termination of Executive’s employment hereunderemployment, the Executive shall be under no obligation to seek other employment or otherwise mitigate employment. Amounts due the obligations of the Company under this Agreement, and there shall be no offset against amounts due Executive under this Agreement on account of future earnings shall not be offset by Executiveany remuneration attributable to any subsequent employment he may obtain.
Appears in 10 contracts
Sources: Change in Control Agreement (Myers Industries Inc), Severance Agreement (Myers Industries Inc), Severance Agreement (Myers Industries Inc)
No Mitigation or Offset. In the event of any termination of the Executive’s employment hereunderfor any reason, the Executive shall be under no obligation to seek other employment or otherwise mitigate the obligations of the Company under this Agreement, and there shall be no offset against amounts due to the Executive under this Agreement on account of future earnings by Executiveany remuneration or benefits from any subsequent employment that he may obtain, except to the extent provided in Section 5.2(d).
Appears in 6 contracts
Sources: Employment Agreement (DLC Realty Trust, Inc.), Employment Agreement (DLC Realty Trust, Inc.), Employment Agreement (DLC Realty Trust, Inc.)
No Mitigation or Offset. In the event of any termination of Executive’s employment hereunder, Executive shall be under no obligation to seek other employment or otherwise mitigate the obligations of the Company under this Agreement, and there shall be no offset against amounts due to Executive under this Agreement on account of future earnings by Executive, except as provided in Section 6.1(e) hereof.
Appears in 6 contracts
Sources: Employment Agreement (Osmotica Pharmaceuticals PLC), Employment Agreement (Osmotica Pharmaceuticals PLC), Employment Agreement (Osmotica Pharmaceuticals PLC)
No Mitigation or Offset. In the event of any termination of Executive’s employment hereunderunder this Agreement, Executive shall be under no obligation to seek other employment or otherwise mitigate the obligations of the Company under this Agreementemployment, and there shall be no offset against amounts due Executive under this Agreement on account of future earnings by Executiveany remuneration attributable to any subsequent employment that Executive may obtain.
Appears in 5 contracts
Sources: Employment Agreement (Auddia Inc.), Employment Agreement (Aclarion, Inc.), Employment Agreement (Auddia Inc.)
No Mitigation or Offset. In the event of any termination of Executive’s 's employment hereunderwith the Company, Executive shall be under no obligation to seek other employment or otherwise mitigate the obligations of the Company under this Agreement, and there shall be no offset against amounts due the Executive under this Agreement on account of future earnings or any remuneration or other benefit earned or received by Executivethe Executive after such termination.
Appears in 4 contracts
Sources: Employment Agreement (Warp Technology Holdings Inc), Employment Agreement (Warp Technology Holdings Inc), Employment Agreement (Warp Technology Holdings Inc)
No Mitigation or Offset. In the event of At any termination of the Executive’s employment hereunder's employment, the Executive shall be under have no obligation to seek other employment or otherwise mitigate the obligations of the Company under this Agreement, and there employment. There shall be no offset against amounts due the Executive under this Agreement agreement on account of future earnings any remuneration attributable to any later employment, consultancy, partnership, or other remunerative activity connected with the Executive. However, the Employer may offset any amounts owed by Executivethe Executive to the Employer or any of its subsidiaries or affiliates against amounts due to the Executive under this agreement.
Appears in 4 contracts
Sources: Employment Agreement (CKX, Inc.), Employment Agreement (CKX, Inc.), Employment Agreement (CKX, Inc.)
No Mitigation or Offset. In the event of any termination of Executive’s employment hereunderunder this Agreement, the Executive shall be under no obligation to seek other employment or otherwise mitigate the obligations of the Company under this Agreement, and there shall be no offset against amounts due the Executive under this Agreement on account of future earnings by any remuneration attributable to any subsequent employment that he may obtain except (i) as specifically provided in Sections 5.2(iii), 6.2(iii) and 8.2(iii) of this Agreement, or (ii) on account of any claims the Company may have against the Executive.
Appears in 4 contracts
Sources: Employment Agreement (Ultratech Inc), Employment Agreement (Ultratech Inc), Employment Agreement (Ultratech Inc)
No Mitigation or Offset. In the event of any termination of the Executive’s employment hereunderemployment, the Executive shall will be under no obligation to seek other employment or otherwise mitigate the obligations of the Company under this Agreement, and there shall will be no offset against amounts due Executive under any payment or benefit provided for in this Agreement on account of future earnings by Executiveany remuneration or benefits from any subsequent employment that he may obtain.
Appears in 3 contracts
Sources: Employment Agreement (Ameriserv Financial Inc /Pa/), Employment Agreement (Mikros Systems Corp), Employment Agreement (Ameriserv Financial Inc /Pa/)
No Mitigation or Offset. In the event of any termination of Executive’s employment hereunder, Executive shall be under no obligation to seek other employment or otherwise mitigate the obligations of the Company under this Agreement, and there shall be no offset against amounts due Executive under this Agreement on account of future earnings by the Executive. Any amounts due to Executive under this Agreement upon termination of employment are considered to be reasonable by the Company and are not in the nature of a penalty.
Appears in 3 contracts
Sources: Employment Agreement (Univision Communications Inc), Employment and Non Competition Agreement (Univision Communications Inc), Employment Agreement (Univision Communications Inc)
No Mitigation or Offset. In the event of any termination of the Executive’s employment hereunderfor any reason, the Executive shall be under no obligation to seek other employment or otherwise mitigate the obligations of the Company under this Agreement, and there shall be no offset against amounts due Executive under this Agreement to him on account of future earnings by Executiveany remuneration or benefits from any subsequent employment that he may obtain.
Appears in 3 contracts
Sources: Employment Agreement (White Fiber, Inc.), Employment Agreement (Bit Digital, Inc), Employment Agreement (Bit Digital, Inc)
No Mitigation or Offset. In the event of any termination of Executive’s employment hereunderfor any reason, Executive shall be under no obligation to seek other employment or otherwise mitigate the obligations of the Company under this Agreement, and there shall be no offset against amounts due Executive under this Agreement to him on account of future earnings by Executiveany remuneration or benefits from any subsequent employment that he may obtain.
Appears in 3 contracts
Sources: Executive Employment Agreement (DropCar, Inc.), Executive Employment Agreement (Alliqua, Inc.), Executive Employment Agreement (Alliqua, Inc.)
No Mitigation or Offset. In the event of any termination of Executive’s employment hereunder, Executive shall be under no obligation to seek other employment or otherwise mitigate the obligations of the Company under this Agreement, Agreement and there shall be no offset against any amounts due Executive under this Agreement on account of future earnings by Executiveany remuneration attributable to any subsequent employment that Executive may obtain.
Appears in 2 contracts
Sources: Employment Agreement (Itt Industries Inc), Employment Agreement (Itt Corp)
No Mitigation or Offset. In the event of any termination of Executive’s employment hereunderunder this Restated Agreement, the Executive shall be under no obligation to seek other employment or otherwise mitigate the obligations of the Company under this Agreement, and there shall be no offset against amounts due the Executive under this Restated Agreement on account of future earnings by any remuneration attributable to any subsequent employment that he may obtain except on account of any claims the Company may have against the Executive.
Appears in 2 contracts
Sources: Employment Agreement (Ultratech Inc), Employment Agreement (Ultratech Inc)
No Mitigation or Offset. In the event of any Executive’s termination of Executive’s employment hereunder, Executive shall be under no obligation to seek other employment or otherwise mitigate the obligations of the Company under this Agreement, and there no benefit payable hereunder shall be no offset against amounts due Executive under this Agreement on account of future earnings by Executivesubject to offset.
Appears in 2 contracts
Sources: Employment Agreement (Care Investment Trust Inc.), Employment Agreement (Care Investment Trust Inc.)
No Mitigation or Offset. In the event of any termination of the Executive’s employment hereunderfor any reason, the Executive shall be under no obligation to seek other employment or otherwise mitigate the obligations of the Company under this Agreement, and there shall be no offset against amounts due Executive under this Agreement to her on account of future earnings by Executiveany remuneration or benefits from any subsequent employment that she may obtain.
Appears in 2 contracts
Sources: Employment Agreement (Childrens Place Retail Stores Inc), Employment Agreement (Childrens Place Retail Stores Inc)
No Mitigation or Offset. In the event of any termination of Executive’s employment hereunder, Executive shall be under no obligation to seek other employment or otherwise mitigate the obligations of the Company under this Agreement, and there shall be no offset against amounts due Executive under this Agreement on account of future earnings by Executive, except as provided in Section 6.1(e) hereof.
Appears in 1 contract
No Mitigation or Offset. In the event of any termination of Executive’s employment hereunder, Executive shall be under no obligation to seek other employment or otherwise mitigate the obligations of the Company Employer under this Agreement, and there shall be no offset against amounts due Executive under this Agreement on account of future earnings by Executive.
Appears in 1 contract
Sources: Employment Agreement (CPG Newco LLC)
No Mitigation or Offset. In the event of any termination of Executive’s employment hereunder, Executive shall be under no obligation to seek other employment or otherwise mitigate the obligations of the Company under this Agreement, and there shall be no offset against amounts due Executive under this Agreement on account of future earnings by Executive, except as provided in Section 6.1(d) hereof.
Appears in 1 contract
No Mitigation or Offset. In the event of any termination of Executive’s employment hereunderemployment, the Executive shall be under no obligation to seek other employment or otherwise mitigate employment. Amounts due the obligations of the Company under this Agreement, and there shall be no offset against amounts due Executive under this Agreement on account of future earnings shall not be offset by Executiveany remuneration attributable to any subsequent employment the Executive may obtain.
Appears in 1 contract
No Mitigation or Offset. In the event of any termination of Executive’s 's employment hereunder, Executive shall be under no obligation to seek other employment or otherwise mitigate the obligations of the Company under this Agreement, and there shall be no offset against amounts due Executive under this Agreement on account of future earnings by Executive.
Appears in 1 contract
No Mitigation or Offset. In the event of At any termination of the Executive’s employment hereunderemployment, the Executive shall be under have no obligation to seek other employment or otherwise mitigate the obligations of the Company under this Agreement, and there employment. There shall be no offset against amounts due the Executive under this Agreement on account of future earnings any remuneration attributable to any later employment, consultancy, partnership, or other remunerative activity connected with the Executive. However, the Employer may offset any amounts owed by Executivethe Executive to the Employer or any of its subsidiaries or affiliates against amounts due to the Executive under this Agreement.
Appears in 1 contract
Sources: Employment Agreement (FX Real Estate & Entertainment Inc.)
No Mitigation or Offset. In the event of any termination of Executive’s 's employment hereunder, Executive shall be under no obligation to seek other employment or otherwise mitigate the obligations of and the Company under this Agreement, and there shall not be no entitled to offset against any amounts due to Executive under this Agreement (other than as expressly provided in Sections 2.03(a)(iv)) on account of future earnings by any remuneration attributable to any subsequent employment that Executive may obtain or any claims the Company may have against Executive.
Appears in 1 contract
Sources: Employment Agreement (Razorfish Inc)
No Mitigation or Offset. In the event of any termination of Executive’s employment hereunderwith the Company, Executive shall be under no obligation to seek other employment or otherwise mitigate the obligations of the Company under this Agreement, and there shall be no offset against amounts due the Executive under this Agreement on account of future earnings any remuneration or other benefit earned or received by Executivethe Executive after such termination.
Appears in 1 contract
No Mitigation or Offset. In the event of any termination of Executive’s employment hereunderwith the Company, Executive shall be under no obligation to seek other employment or otherwise mitigate the obligations of the Company under this Agreement, and there shall be no offset against amounts due the Executive under this Agreement on account of future earnings or any remuneration or other benefit earned or received by Executivethe Executive after such termination.
Appears in 1 contract
Sources: Employment Agreement (Warp Technology Holdings Inc)
No Mitigation or Offset. In the event of any termination of Executive’s employment hereunderunder this Agreement, the Executive shall be under no obligation to seek other employment or otherwise mitigate the obligations of the Company under this Agreement, and there shall be no offset against amounts due the Executive under this Agreement on account of future earnings by any remuneration attributable to any subsequent employment that he may obtain except on account of any claims the Company may have against the Executive.
Appears in 1 contract
Sources: Employment Agreement (Ultratech Inc)
No Mitigation or Offset. In the event of any termination of Executive’s employment deployment hereunder, Executive shall be under no obligation to seek other employment or otherwise mitigate the obligations of the Company under this Agreement, and there shall be no offset against amounts due Executive under this Agreement on account of future earnings by Executive.
Appears in 1 contract
No Mitigation or Offset. In the event of any termination of Executive’s 's employment hereunderunder this Agreement, Executive shall be under no obligation to seek other employment or otherwise mitigate the obligations of the Company under this Agreementemployment, and there shall be no offset against amounts due Executive under this Agreement on account of future earnings by Executiveany remuneration attributable to any subsequent employment that Executive may obtain.
Appears in 1 contract
No Mitigation or Offset. In the event of any termination of the Executive’s employment hereunder, the Executive shall be under no obligation to seek other employment or otherwise mitigate the obligations of the Company under this Agreement, and there shall be no offset against amounts due to the Executive under this Agreement on account of future earnings by the Executive.
Appears in 1 contract
Sources: Transition Employment and Separation Agreement (Nortek Inc)
No Mitigation or Offset. In the event of any termination of Executive’s 's employment hereunder, Executive shall be under no obligation to seek other employment or otherwise mitigate the obligations of the Company under this Agreement, and there shall be no offset against any amounts due Executive under this Agreement on account of future earnings by Executiveany remuneration attributable to any subsequent employment that Executive may obtain.
Appears in 1 contract
No Mitigation or Offset. In the event of any termination of Executive’s 's employment hereunder, Executive shall be under no obligation to seek other employment or otherwise mitigate the obligations of the Company under this Agreement, and there shall be no offset against amounts due to Executive under this Agreement on account of future earnings by Executive, except as provided in Section 6.l(e) hereof.
Appears in 1 contract
Sources: Employment Agreement (Osmotica Pharmaceuticals PLC)
No Mitigation or Offset. In the event of At any termination of the Executive’s employment hereunderemployment, the Executive shall be under have no obligation to seek other employment or otherwise mitigate the obligations of the Company under this Agreement, and there employment. There shall be no offset against amounts due the Executive under this Agreement agreement on account of future earnings any remuneration attributable to any later employment, consultancy, partnership, or other remunerative activity connected with the Executive. However, the Employer may offset any amounts owed by Executivethe Executive to the Employer or any of its subsidiaries or affiliates against amounts due to the Executive under this agreement.
Appears in 1 contract
Sources: Employment Agreement (CKX, Inc.)
No Mitigation or Offset. In the event of any termination of Executive’s employment hereunderemployment, Executive shall will be under no obligation to seek other employment or otherwise mitigate the obligations of the Company under this Agreement, and there shall will be no offset against amounts due Executive under any payment or benefit provided for in this Agreement on account of future earnings by Executiveany remuneration or benefits from any subsequent employment that he may obtain.
Appears in 1 contract
Sources: Executive Employment Agreement (Penn Millers Holding Corp)
No Mitigation or Offset. In the event of any termination of ----------------------- Executive’s 's employment hereunder, Executive shall be under no obligation to seek other employment or otherwise mitigate the obligations of the Company under this Agreement, and there shall be no offset against amounts due Executive under this Agreement on account of future earnings amounts purportedly owing by ExecutiveExecutive to the Company or amounts earned by Executive from any source. Any amounts due to Executive under this Agreement upon termination of employment are considered to be reasonable by the Company and are not in the nature of a penalty.
Appears in 1 contract
Sources: Employment Agreement (Sunterra Corp)