Common use of Full Settlement Clause in Contracts

Full Settlement. 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 such amounts shall not be reduced whether or not the Executive obtains other employment.

Appears in 23 contracts

Samples: Employment Agreement (Merit Medical Systems Inc), Employment Agreement (Merit Medical Systems Inc), Employment Agreement (Merit Medical Systems Inc)

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Full Settlement. 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 such amounts shall not be reduced as a result of a mitigation duty whether or not the Executive obtains other employment.

Appears in 22 contracts

Samples: Severance and Employment Continuation Agreement (Westinghouse Air Brake Technologies Corp), Change in Control and Severance Agreement (Tabula Rasa HealthCare, Inc.), Employment Agreement (Covetrus, Inc.)

Full Settlement. In no event The Executive 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 such amounts shall not be reduced whether or not the Executive obtains other employmentAgreement.

Appears in 14 contracts

Samples: Employment Agreement (Goodys Family Clothing Inc /Tn), Employment Agreement (Goodys Family Clothing Inc /Tn), Employment Agreement (Goodys Family Clothing Inc /Tn)

Full Settlement. 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 otherwise provided in subsections 5(a)(iv) and such amounts 15(e), the amount of any payment or benefit provided for in this Agreement shall not be reduced whether or not by any compensation earned by the Executive obtains other employmentas the result of employment by another employer, by retirement benefits, by offset against any amount claimed to be owed by the Executive to the Company, or otherwise.

Appears in 12 contracts

Samples: Employment Agreement (CastlePoint Holdings, Ltd.), Employment Agreement (CastlePoint Holdings, Ltd.), Employment Agreement (CastlePoint Holdings, Ltd.)

Full Settlement. In no event shall the Executive be obligated to seek other employment or take any other action by way of mitigation of the any amounts payable to the Executive under any of the provisions of this Agreement Section 5 and such amounts shall not be reduced as a result of a mitigation duty whether or not the Executive obtains other employment. To the extent permitted by applicable law, the Company shall pay directly to the Executive all reasonable legal fees and expenses reasonably incurred by the Executive in connection with the negotiation and preparation of this Agreement.

Appears in 10 contracts

Samples: Employment Agreement (Primerica, Inc.), Employment Agreement (Primerica, Inc.), Transition Agreement (Primerica, Inc.)

Full Settlement. In no event shall the Executive be obligated to seek other employment or take any other action by way of mitigation of the any amounts payable to the Executive under any of the provisions of this Agreement Section 6 and such amounts shall not be reduced as a result of a mitigation duty whether or not the Executive obtains other employment. To the extent permitted by applicable law, the Company shall pay directly to the Executive all reasonable legal fees and expenses reasonably incurred by the Executive in connection with the negotiation and preparation of this Agreement.

Appears in 6 contracts

Samples: Employment Agreement (Primerica, Inc.), Employment Agreement (Primerica, Inc.), Employment Agreement (Primerica, Inc.)

Full Settlement. 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 and, such amounts shall not be reduced whether or not the Executive obtains other employment. Except as provided in Section 16(f), the Firm’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 Firm may have against the Executive.

Appears in 6 contracts

Samples: Agreement Relating to Retention and Noncompetition and Other Covenants (Lazard Group LLC), Retention and Noncompetition Agreement (Lazard LTD), Retention and Noncompetition Agreement (LAZ-MD Holdings LLC)

Full Settlement. 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 Agreement, and such amounts shall not be reduced as a result of a mitigation duty whether or not the Executive obtains other employment.

Appears in 5 contracts

Samples: Employment Agreement (Eagle Bulk Shipping Inc.), Employment Agreement (Eagle Bulk Shipping Inc.), Employment Agreement (Eagle Bulk Shipping Inc.)

Full Settlement. 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 otherwise provided in subsections 5(a)(iv) and such amounts 16(e), the amount of any payment or benefit provided for in this Agreement shall not be reduced whether or not by any compensation earned by the Executive obtains other employmentas the result of employment by another employer, by retirement benefits, by offset against any amount claimed to be owed by the Executive to the Company, or otherwise.

Appears in 5 contracts

Samples: Employment Agreement (Tower Group, Inc.), Employment Agreement (Tower Group, Inc.), Employment Agreement (Tower Group, Inc.)

Full Settlement. In Except as expressly provided for herein, 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 such amounts shall not be reduced whether or not the Executive obtains other employment.

Appears in 4 contracts

Samples: Employment Agreement (MP Materials Corp. / DE), Employment Agreement (MP Materials Corp. / DE), Employment Agreement (MP Materials Corp. / DE)

Full Settlement. In no event shall will 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 such the amounts shall will not be reduced as a result of a mitigation duty whether or not the Executive obtains other employment. To the extent permitted by applicable law, the Company will reimburse the Executive for all legal costs and expenses reasonably incurred (and documented in invoices) in connection with any dispute under this Agreement, so long as the Executive substantially prevails in the dispute.

Appears in 3 contracts

Samples: Employment Agreement (Freescale Semiconductor Holdings I, Ltd.), Employment Agreement (Freescale Semiconductor Holdings I, Ltd.), Employment Agreement (Freescale Semiconductor Holdings I, Ltd.)

Full Settlement. 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 otherwise provided in subsections 4(a)(iv), 5 and such amounts 14(e), the amount of any payment or benefit provided for in this Agreement shall not be reduced whether or not by any compensation earned by the Executive obtains other employmentas the result of employment by another employer, by retirement benefits, by offset against any amount claimed to be owed by the Executive to the Company, or otherwise.

Appears in 3 contracts

Samples: Severance Agreement (Pma Capital Corp), Severance Agreement (Pma Capital Corp), Severance Agreement (Pma Capital Corp)

Full Settlement. In no event shall the Executive be obligated to seek other employment or or, unless otherwise expressly provided herein, take any other action by way of mitigation of the amounts payable to the Executive under any of the provisions of this Agreement Agreement, and such amounts shall not be reduced whether or not the Executive obtains other employment, except as expressly provided in Section 5(a)(2) herein.

Appears in 3 contracts

Samples: Employment Agreement (Gillette Co), Employment Agreement (Gillette Co), Employment Agreement (Gillette Co)

Full Settlement. 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 such amounts shall not be reduced whether or not the Executive obtains other employment, except for the offset described in Section 7.1(e).

Appears in 2 contracts

Samples: Employment Agreement (MULTI COLOR Corp), Employment Agreement (MULTI COLOR Corp)

Full Settlement. 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 such amounts Agreement, nor shall not the amount of any payment Table of Contents hereunder be reduced whether or not reduced, except as otherwise specifically provided herein, by any compensation earned by the Executive obtains other employmentas a result of employment by another employer.

Appears in 1 contract

Samples: Employment Agreement (Shiloh Industries Inc)

Full Settlement. 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 such amounts the amount of any payment or benefit provided for in this Agreement shall not be reduced whether or not by any compensation earned by the Executive obtains other employmentas the result of employment by another employer, by retirement benefits, by offset against any amount claimed to be owed by the Executive to the Company, or otherwise.

Appears in 1 contract

Samples: Employment Agreement (Aspen Insurance Holdings LTD)

Full Settlement. In no event shall the Executive be obligated to seek other employment or take any other action by way of mitigation of the any amounts payable to the Executive under any of the provisions of this Agreement Section 5 and such amounts shall not be reduced as a result of a mitigation duty whether or not the Executive obtains other employment.

Appears in 1 contract

Samples: Employment Agreement (Primerica, Inc.)

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Full Settlement. 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 Amended Agreement and such amounts shall not be reduced whether or not the Executive obtains other employment.

Appears in 1 contract

Samples: Employment Agreement (Premier Exhibitions, Inc.)

Full Settlement. 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 otherwise provided in subsections 5(a)(iv) and such amounts 5(e), the amount of any payment or benefit provided for in this Agreement shall not be reduced whether or not by any compensation earned by the Executive obtains other employmentas the result of employment by another employer, by retirement benefits, by offset against any amount claimed to be owed by the Executive to the Company, or otherwise.

Appears in 1 contract

Samples: Employment Agreement (Tower Group, Inc.)

Full Settlement. In no event shall Following a termination of employment, the Executive shall 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 such amounts shall not be reduced whether or not the Executive obtains other employment.

Appears in 1 contract

Samples: Employment Agreement (Ben & Jerrys Homemade Inc)

Full Settlement. 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 or accrued to the Executive under any of the provisions of this Agreement and such amounts and accruals shall not be reduced as a result of a mitigation duty whether or not the Executive obtains other employment.

Appears in 1 contract

Samples: Employment Agreement (Trump Entertainment Resorts Funding Inc)

Full Settlement. 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 such amounts and, except as otherwise provided in subsection 15(e), the amount of any payment or benefit provided for in this Agreement shall not be reduced whether or not by any compensation earned by the Executive obtains other employmentas the result of employment by another employer, by retirement benefits, by offset against any amount claimed to be owed by the Executive to the Company, or otherwise.

Appears in 1 contract

Samples: Employment Agreement (Tower Group International, Ltd.)

Full Settlement. 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 otherwise provided in subsections 4(a)(iv) and such amounts 13(e), the amount of any payment or benefit provided for in this Agreement shall not be reduced whether or not by any compensation earned by the Executive obtains other employmentas the result of employment by another employer, by retirement benefits, by offset against any amount claimed to be owed by the Executive to the Company, or otherwise.

Appears in 1 contract

Samples: Severance Agreement (Pma Capital Corp)

Full Settlement. 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 set forth in Sections 5(a)(ii) and 6(c), such amounts shall not be reduced as a result of a mitigation duty whether or not the Executive obtains other employment.

Appears in 1 contract

Samples: Employment Agreement (Freescale Semiconductor, Ltd.)

Full Settlement. 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 such amounts shall not be reduced as a result of a mitigation duty whether or not the Executive obtains other employment.. ​ ​ ​ ​ ​

Appears in 1 contract

Samples: Change in Control and Severance Agreement (Tabula Rasa HealthCare, Inc.)

Full Settlement. In no event shall the Executive will 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 such amounts shall not be reduced whether or not the Executive obtains other employmentAgreement.

Appears in 1 contract

Samples: Employment Agreement (Moscow Cablecom Corp)

Full Settlement. 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 such amounts Agreement, nor shall not the amount of any payment hereunder be reduced whether or not reduced, except as otherwise specifically provided herein, by any compensation earned by the Executive obtains other employmentas a result of employment by another employer.

Appears in 1 contract

Samples: Employment Agreement (Standard Products Co)

Full Settlement. 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 such amounts shall not be reduced as a result of a mitigation duty whether or not the Executive obtains other employment.

Appears in 1 contract

Samples: Employment Agreement (Interpace Biosciences, Inc.)

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