Full Settlement; Resolution of Disputes. (a) The Company’s obligation to make 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 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, except as provided in
Appears in 11 contracts
Samples: Executive Employment Agreement (Pogo Producing Co), Executive Employment Agreement (Pogo Producing Co), Executive Employment Agreement (Pogo Producing Co)
Full Settlement; Resolution of Disputes. (a) The Company’s 's obligation to make any 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 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, except as provided inin Section 3(b)(3), such amounts shall not be reduced whether or not Executive obtains other employment.
Appears in 3 contracts
Samples: Severance Agreement (Commonwealth Industries Inc/De/), Severance Agreement (Commonwealth Industries Inc/De/), Severance Agreement (Commonwealth Industries Inc/De/)
Full Settlement; Resolution of Disputes. (a) The Company’s obligation to make any payments provided for in this Agreement and otherwise to perform its obligations hereunder shall not be affected by any subject to set-off, counterclaim, recoupment, defense counterclaim or other claim, right or action which recoupment of amounts owed by the Executive to the Company may have against or its affiliates. In addition, the Executive or others. In no event shall the Executive not 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, except as provided inAgreement.
Appears in 2 contracts
Samples: Severance Agreement (Federal Mogul Corp), Severance Agreement (Federal Mogul Corp)
Full Settlement; Resolution of Disputes. (a) The Company’s 's obligation to make any 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 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, except as provided inin Section 3(b) hereof, such amounts shall not be reduced whether or not Executive obtains other employment.
Appears in 1 contract
Samples: Change in Control Severance Agreement (One Valley Bancorp Inc)
Full Settlement; Resolution of Disputes. (a) The Company’s obligation to make any 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 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, except as provided inin Section 3(b), such amounts shall not be reduced whether or not Executive obtains other employment.
Appears in 1 contract
