Common use of Full Settlement Clause in Contracts

Full Settlement. Employer’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 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 amount shall not be reduced whether or not Employee obtains other employment.

Appears in 15 contracts

Samples: Agreement and General Release (Farmers & Merchants Bancorp), Agreement and General Release (Farmers & Merchants Bancorp), Non Disclosure Agreement (Farmers & Merchants Bancorp)

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

Appears in 10 contracts

Samples: Fourth Amended Severance Compensation Agreement (Pershing Gold Corp.), Third Amended Severance Compensation Agreement (Pershing Gold Corp.), Second Amended Severance Compensation Agreement (Pershing Gold Corp.)

Full Settlement. Employer’s obligation to make the payments provided for in this Agreement and otherwise to perform its obligations hereunder shall not be not be affected by any set off, counterclaim, recoupment, defense or other claim, right or action which 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 amount shall not be reduced whether or not Employee obtains other employment.

Appears in 9 contracts

Samples: Disclosure Agreement (Farmers & Merchants Bancorp), Employment Agreement (Farmers & Merchants Bancorp), Employment Agreement (Farmers & Merchants Bancorp)

Full Settlement. EmployerThe 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 set-off, counterclaim, recoupment, defense or other claim, right or action which Employer the Company may have against the Employee or others. In no event shall the Employee be obligated to seek other employment or take any other action by way of mitigation of the amounts payable to the Employee under any of the provisions of this Agreement and such amount Agreement. Upon termination of the Employee’s employment during the Employment Period, the Employee shall not be reduced whether entitled to any benefits or not Employee obtains payments other employmentthan as provided in this Agreement.

Appears in 5 contracts

Samples: Change in Control Employment Agreement (Digene Corp), Change in Control Employment Agreement (Digene Corp), Change in Control Employment Agreement (Digene Corp)

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

Appears in 4 contracts

Samples: Employment Agreement (ECO Integrated Technologies, Inc.), Employment Agreement (ECO Integrated Technologies, Inc.), Employment Agreement (ECO Integrated Technologies, Inc.)

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

Appears in 4 contracts

Samples: Employment Agreement (Zions Bancorporation /Ut/), Employment Agreement (Zions Bancorporation /Ut/), Employment Agreement (Zions Bancorporation /Ut/)

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

Appears in 3 contracts

Samples: Change of Control Agreement (Regions Financial Corp), Control Agreement (Regions Financial Corp), Change of Control Agreement (Regions Financial Corp)

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

Appears in 2 contracts

Samples: Change in Control Agreement (Colonial Bancgroup Inc), Change in Control Agreement (Colonial Bancgroup Inc)

Full Settlement. Employer’s 's obligation to make the payments provided for in this Agreement and otherwise to perform its obligations hereunder hereunder, shall not be affected by any set set-off, counterclaim, recoupment, defense or other claim, right or action which Employer may have against Employee Executive, 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 amount shall not be reduced whether or not Employee obtains other employmentotherwise.

Appears in 2 contracts

Samples: Employment Agreement (McIi Holdings Usa Inc), Employment Agreement (McIi Holdings Usa Inc)

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Full Settlement. EmployerThe Company’s obligation to make the payments provided for in payment and other obligations under this Agreement and otherwise to perform its obligations hereunder shall not be affected by any set set-off, counterclaim, recoupment, defense defense, or other claim, right right, or action which Employer may have against the Employee or others. In The Employee shall have no event shall Employee be obligated obligation to seek other employment or take any other action by way of mitigation of the otherwise mitigate his or her damages under this Agreement and amounts payable to the Employee under any of the provisions of this Agreement and such amount shall not be reduced whether or not the Employee obtains other employment, except as provided in Section 4(b)(iii) of this Agreement.

Appears in 2 contracts

Samples: Severance Agreement (Devon Energy Corp/De), Severance Agreement (Devon Energy Corp/De)

Full Settlement. Employer’s 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 circumstances, including, without limitation, any set-off, counterclaim, recoupment, defense or other claim, right or action which Employer the Company may have against the Employee or othersothers whether by reason of the subsequent employment of the Employee or otherwise. In no event shall the Employee be obligated to seek other employment or take any other action by way of mitigation of the amounts payable to the Employee under any of the provisions of this Agreement and such amount shall not be reduced whether or not Employee obtains other employmentAgreement.

Appears in 1 contract

Samples: Employment Agreement (Home Interiors & Gifts Inc)

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

Appears in 1 contract

Samples: Employment Agreement (Streamline Health Solutions Inc.)

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

Appears in 1 contract

Samples: Change of Control Employment Agreement (Aspen Insurance Holdings LTD)

Full Settlement. Employer’s The obligation of Employer to make the payments provided for in this Agreement and otherwise to perform its their obligations hereunder shall not be affected by any set set-off, counterclaim, recoupment, defense or other claim, right or action which Employer may have against Employee the Executive 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 amount shall not be reduced whether or not Employee obtains other employment.

Appears in 1 contract

Samples: Change In (Yankee Energy System Inc)

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