Common use of Mitigation and Offset Clause in Contracts

Mitigation and Offset. If the Employee’s employment is terminated during the term of this Agreement pursuant to the provisions of paragraph 6(d), above, the Employee shall be under no duty or obligation to seek or accept other employment, and no payment or benefits of any kind due him under this Agreement shall be reduced, suspended or in any way offset by any subsequent employment. The obligation of the Employer to make the payments provided for in this Agreement shall not be affected by any circumstance including, by way of example rather than limitation, any set-off, counterclaim, recoupment, defense, or other right that the Employer may assert, or due to any other employment or source of income obtained by the Employee.

Appears in 13 contracts

Samples: Employment Agreement (Global Cancer Technology, Inc.), Employment Agreement (PSM Holdings Inc), Merger Agreement (PSM Holdings Inc)

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