Common use of Mitigation and Offset Clause in Contracts

Mitigation and Offset. Executive shall not be required to mitigate the amount of any payment provided for in this Agreement by seeking employment or otherwise, nor to offset the amount of any payment provided for in this Agreement by amounts earned as a result of Executive's employment or self-employment during the period he is entitled to such payment.

Appears in 15 contracts

Samples: Employment Agreement (DCX Inc), Employment Agreement (Morrison Knudsen Corp//), Employment Agreement (Morrison Knudsen Corp//)

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Mitigation and Offset. 13.0 Executive shall not be required to mitigate the amount of any payment provided for in this Agreement by seeking employment or otherwise, nor to offset the amount of any payment provided for in this Agreement by amounts earned as a result of Executive's employment or self-employment during the period he is entitled to such payment.

Appears in 9 contracts

Samples: Team Financial Inc /Ks, Team Financial Inc /Ks, Employment Agreement (Team Financial Inc /Ks)

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Mitigation and Offset. Executive shall not be required to mitigate the amount of any payment provided for in amounts payable under this Agreement by seeking other employment or otherwise, nor to and there shall be no offset the amount of any payment provided for in against amounts due Executive under this Agreement by amounts earned as a result on account of Executive's employment or self-employment during the period he is entitled to such paymentsubsequent employment.

Appears in 7 contracts

Samples: Restricted Stock Unit Agreement (Global Crossing LTD), Employment Agreement (Global Crossing LTD), Employment Agreement (Global Crossing LTD)

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