No Set-Off; No Mitigation. Except as provided herein, the Company’s obligation to make the payments provided for in this Agreement and otherwise to perform its obligations hereunder shall not be affected by any circumstances, including any set-off, counterclaim, recoupment, defense or other right which the Company may have against Executive or others. In no event shall Executive be obligated to seek other employment or take any other action by way of mitigation of the amounts payable to Executive under any of the provisions of this Agreement, and such amounts shall not be reduced whether or not Executive obtains other employment except as provided in Section 5(d)(iv).
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Sources: Executive Employment Agreement (Calamos Asset Management, Inc. /DE/), Executive Employment Agreement (Calamos Asset Management, Inc. /DE/)
No Set-Off; No Mitigation. Except as provided herein, the Company’s obligation to make the payments provided for in this Agreement and otherwise to perform its obligations hereunder shall not be affected by any circumstances, including without limitation any set-off, counterclaim, recoupment, defense or other right which the Company may have against the Executive or others. 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, and such amounts amounts, other than medical benefits provided in Section 5(c)(v) or Section 6(c)(v), shall not be reduced whether or not the Executive obtains other employment except as provided in Section 5(d)(iv)employment.
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