Common use of Full Settlement; No Mitigation Clause in Contracts

Full Settlement; No Mitigation. 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 set-off, counterclaim, recoupment, defense or other claim, right or action which the Company may have against Employee or others. In no event shall Employee be obligated to seek other employment or take any other action by way of mitigation of the amounts payable to Employee under any of the provisions of this Agreement and such amounts shall not be reduced whether or not Employee obtains other employment.

Appears in 16 contracts

Samples: Employment Agreement (Lirum Therapeutics, Inc.), Employment Agreement (Lirum Therapeutics, Inc.), Employment Agreement (Nuvectis Pharma, Inc.)

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Full Settlement; No Mitigation. The CompanyEmployer’s obligation to make the payments provided for in this Agreement and otherwise to perform its obligations hereunder shall not be affected by any set-off, counterclaim, recoupment, defense or other claim, right or action which the Company Employer may have against Employee or others. In no event shall Employee be obligated to seek other employment or take any other action by way of mitigation of the amounts payable to Employee under any of the provisions of this Agreement and such amounts shall not be reduced whether or not Employee obtains other employment.

Appears in 3 contracts

Samples: Change in Control Severance Agreement (Southern National Bancorp of Virginia Inc), Change in Control Severance Agreement (Southern National Bancorp of Virginia Inc), Change in Control Severance Agreement (Southern National Bancorp of Virginia Inc)

Full Settlement; No Mitigation. 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 set-off, counterclaim, recoupment, defense or other claim, right or action which the Company may have against Employee or others. In no event shall Employee be obligated to seek other employment or take any other action by way of mitigation of the amounts payable to Employee under any of the provisions of this Agreement and and, except as set forth in Section 6(e)(iv), such amounts shall not be reduced whether or not Employee obtains other employment.

Appears in 3 contracts

Samples: Employment Agreement (CommScope Holding Company, Inc.), Employment Agreement (CommScope Holding Company, Inc.), Employment Agreement (CommScope Holding Company, Inc.)

Full Settlement; No Mitigation. The CompanyEmployer’s obligation to make the payments provided for in this Agreement and otherwise to perform its obligations hereunder shall not be affected by any set-off, counterclaim, recoupment, defense or other claim, right or action which the Company Employer may have against Employee or others. In no event shall Employee be obligated to seek other employment or take any other action by way of mitigation of the amounts payable to Employee under any of the provisions of this Agreement and such amounts shall not be reduced whether or not Employee obtains other employment.. ​

Appears in 1 contract

Samples: Control Severance Agreement (Primis Financial Corp.)

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Full Settlement; No Mitigation. 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 set-off, counterclaim, recoupment, defense or other claim, right or action which the Company may have against Employee Xxxxxx or others. In no event shall Employee Xxxxxx be obligated to seek other employment or take any other action by way of mitigation of the amounts payable to Employee Feehan under any of the provisions of this Agreement and such amounts shall not be reduced whether or not Employee Xxxxxx obtains other employment.

Appears in 1 contract

Samples: Employment Agreement (FirstCash Holdings, Inc.)

Full Settlement; No Mitigation. 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 set-off, counterclaim, recoupment, defense or other claim, right or action which the Company may have against Employee the Chairman or others. In no event shall Employee the Chairman be obligated to seek other employment or take any other action by way of mitigation of the amounts payable to Employee the Chairman under any of the provisions of this Agreement and such amounts shall not be reduced whether or not Employee the Chairman obtains other employment.

Appears in 1 contract

Samples: Employment Agreement (CommScope Holding Company, Inc.)

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