No Requirement to Mitigate; Survival Clause Samples
The "No Requirement to Mitigate; Survival" clause establishes that a party is not obligated to take steps to reduce or minimize damages or losses resulting from a breach of contract. In practice, this means that if one party suffers harm due to the other party's actions, they are not required to seek alternative solutions or remedies to lessen the impact of that harm. Additionally, the clause typically states that certain rights or obligations will continue to remain in effect even after the contract ends. This clause serves to protect the injured party's full entitlement to damages and ensures that key provisions of the agreement remain enforceable beyond its termination.
No Requirement to Mitigate; Survival. Executive shall not be required to mitigate the amount of any payment provided for under this Agreement by seeking other employment or in any other manner. Notwithstanding anything to the contrary in this Agreement, the termination of Executive’s employment shall not impair the rights or obligations of any Party.
No Requirement to Mitigate; Survival. Executive shall not be required to mitigate the amount of any payment provided for under this Agreement by seeking other employment or in any other manner.
No Requirement to Mitigate; Survival. Executive shall not be required to mitigate the amount of any payment or benefit provided for under this Agreement by seeking other employment or in any other manner. No amount that has been paid to or earned by the Executive pursuant to this Agreement shall be subject to offset, except (i) as provided for in this Agreement, (ii) in accordance with the terms of the Company’s Compensation Recovery Policy effective as of date hereof or as otherwise required by law or the listing rules of the stock exchange upon which the Company's securities are listed or (iii) by any other severance benefits, pay in lieu of notice, or other similar benefits payable to Executive in connection with Employee’s termination of employment pursuant to any applicable legal requirement. Notwithstanding anything to the contrary in this Agreement, the termination of Executive’s employment shall not impair the rights or obligations of any Party.
No Requirement to Mitigate; Survival. You shall not be required to mitigate the amount of any payment provided for under this Agreement by seeking other employment or in any other manner. Notwithstanding anything to the contrary in this Agreement, the termination of your employment shall not impair the rights or obligations of any party.