Set Off; No Mitigation. The Company’s obligation to pay Executive the amounts provided hereunder pursuant to Section 5, as applicable, following the Employment Term shall not be subject to set-off for amounts owed by Executive to any Company Group member. Executive shall not be required to mitigate the amount of any payment provided for pursuant to this Agreement by seeking other employment, and such payments owed to Executive by the Company Group shall not be reduced by any compensation or benefits received from any subsequent employer, self-employment or other endeavor.
Appears in 6 contracts
Sources: Employment Agreement (OneMeta Inc.), Employment Agreement (OneMeta Inc.), Employment Agreement (OneMeta Inc.)
Set Off; No Mitigation. The Company’s obligation to pay Executive the amounts provided and to make the arrangements provided hereunder pursuant to Section 5, as applicable, following the Employment Term shall not be subject to set-off for off, counterclaim or recoupment of amounts owed by Executive to any the Company Group memberor its affiliates. Executive shall not be required to mitigate the amount of any payment provided for pursuant to this Agreement by seeking other employment, and such payments owed to Executive by the Company Group shall not be reduced by any compensation or benefits received from any subsequent employer, self-employment employer or other endeavor. Any amounts due under Section 5 of this Agreement are considered reasonable by the Company and are not in the nature of a penalty.
Appears in 5 contracts
Sources: Employment Agreement (Brixmor Operating Partnership LP), Employment Agreement (Brixmor Operating Partnership LP), Employment Agreement (Brixmor Operating Partnership LP)
Set Off; No Mitigation. The Company’s obligation to pay Executive the amounts provided herein and to make the arrangements provided hereunder pursuant to Section 5, as applicable, following the Employment Term shall not be subject to set-off for off, counterclaim or recoupment of amounts owed by Executive to any Company Group member. Executive shall not be required to mitigate the amount of any payment provided for pursuant to this Agreement by seeking other employment, and such payments owed to Executive by the Company Group shall not be reduced by any compensation or benefits received from any subsequent employeremployer (except as provided for in Section 5(d)(i)(C)(iii)), self-employment or other endeavor.
Appears in 2 contracts
Sources: Employment Agreement (Bumble Inc.), Employment Agreement (Bumble Inc.)
Set Off; No Mitigation. The Company’s obligation to pay Executive the amounts provided herein and to make the arrangements provided hereunder pursuant to Section 5, as applicable, following the Employment Term shall not be subject to set-off for off, counterclaim or recoupment of amounts owed by Executive to any Company Group member. Executive shall not be required to mitigate the amount of any payment provided for pursuant to this Agreement by seeking other employment, and such payments owed to Executive by the Company Group shall not be reduced by any compensation or benefits received from any subsequent employeremployer (except as provided for in Section 5(d)(i)(C) pertaining to COBRA), self-employment or other endeavor.
Appears in 2 contracts
Sources: Employment Agreement (Bumble Inc.), Employment Agreement (Bumble Inc.)
Set Off; No Mitigation. The Company’s obligation to pay Executive the amounts provided hereunder pursuant to Section 5, as applicable, following the Employment Term shall not be subject to set-off for amounts owed by Executive to any Company Group member. Executive shall not be required to mitigate the amount of any payment provided for pursuant to this Agreement by seeking other employment, and such payments owed to Executive by the Company Group shall not be reduced by any compensation or benefits received from any subsequent employer, self-employment or other endeavor.
Appears in 2 contracts
Sources: Employment Agreement (OneMeta Inc.), Employment Agreement (OneMeta Inc.)
Set Off; No Mitigation. The Company’s obligation to pay Executive the amounts provided herein and to make the arrangements provided hereunder pursuant to Section 5, as applicable, following the Employment Term shall not be subject to set-off for off, counterclaim or recoupment of amounts owed by Executive to any Company Group member. Executive shall not be required to mitigate the amount of any payment provided for pursuant to this Agreement by seeking other employment, and such payments owed to Executive by the Company Group shall not be reduced by any compensation or benefits received from any subsequent employeremployer (except as provided for in Section 5(d)(i)(C)), self-employment or other endeavor.
Appears in 1 contract
Sources: Employment Agreement (Bumble Inc.)