CHARACTER OF TERMINATION PAYMENTS; MITIGATION. The amounts payable to Executive upon any termination of this Agreement shall be considered severance pay in consideration of past services rendered on behalf of the Employer and his continued service from the date hereof to the date he becomes entitled to such payments. Executive shall have no duty to mitigate his damages by seeking other employment and, should Executive actually receive compensation from any such other employment, the payments required hereunder shall not be reduced or offset by any such other compensation.
Appears in 11 contracts
Samples: Employment Agreement (CannLabs, Inc.), Employment Agreement (DDS Technologies Usa Inc), Employment Agreement (Radiant Logistics, Inc)
CHARACTER OF TERMINATION PAYMENTS; MITIGATION. The amounts payable to the Executive upon any termination of this Agreement shall be considered severance pay in consideration of past services rendered on behalf of the Employer and his continued service from the date hereof Effective Date to the date he becomes entitled to such payments. The Executive shall have no duty to mitigate his damages by seeking other employment and, should the Executive actually receive compensation from any such other employment, the payments required hereunder shall not be reduced or offset by any such other compensation.
Appears in 5 contracts
Samples: Employment Agreement (Redwood Green Corp.), Employment Agreement (Armada Water Assets Inc), Employment Agreement (Armada Water Assets Inc)
CHARACTER OF TERMINATION PAYMENTS; MITIGATION. The amounts payable to Executive upon any termination of this Agreement shall be considered severance pay in consideration of past services rendered on behalf of the Employer and his her continued service from the date hereof to the date he she becomes entitled to such payments. Executive shall have no duty to mitigate his her damages by seeking other employment and, should Executive actually receive compensation from any such other employment, the payments required hereunder shall not be reduced or offset by any such other compensation.
Appears in 4 contracts
Samples: Employment Agreement (CannLabs, Inc.), Employment Agreement (DDS Technologies Usa Inc), Employment Agreement (DDS Technologies Usa Inc)
CHARACTER OF TERMINATION PAYMENTS; MITIGATION. The amounts payable to the Executive upon any termination of this Agreement shall be considered severance pay in consideration of past services rendered on behalf of the Employer and his continued service from the date hereof Effective Date to the date he becomes entitled to such payments. The Executive shall have no duty to mitigate his damages by seeking other employment and, should the Executive actually receive compensation from any such other employment, the payments required hereunder under this Agreement shall not be reduced or offset by any such other compensation.
Appears in 2 contracts
Samples: Employment Agreement (Cryomass Technologies, Inc.), Employment Agreement (Andina Gold Corp.)
