Liquidated Damages; No Duty to Mitigate Damages. The amounts payable pursuant to Sections 6.2 and 6.3 shall be deemed liquidated damages for the early termination of this Agreement and shall be paid to the Executive regardless of any income the Executive may receive from any other employer, and the Executive shall have no duty of any kind to seek employment from any other employer during the balance of the Term.
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Samples: Consulting Agreement (Carbon Credits International, Inc.), Employment Agreement (Oxford Ventures Inc)
Liquidated Damages; No Duty to Mitigate Damages. The amounts payable pursuant to Sections 6.2 and 6.3 shall be deemed liquidated damages for the early termination of this Agreement and shall be paid to the Executive regardless of any income the Executive may receive from any other employer, and the Executive shall have no duty of any kind to seek employment retention from any other employer during the balance of the Term.
Appears in 1 contract
Samples: Consulting Agreement (Carbon Credits International, Inc.)
Liquidated Damages; No Duty to Mitigate Damages. The amounts payable pursuant to Sections 6.2 5.2 and 6.3 5.3 hereof shall be deemed liquidated damages for the early termination of this Agreement and shall be paid to the Executive regardless of any income the Executive may receive from any other employer, and the Executive shall have no duty of any kind to seek employment from any other employer during the balance of the Termseverance period.
Appears in 1 contract
