Common use of Mitigation and Set-Off Clause in Contracts

Mitigation and Set-Off. The Executive shall not be required to mitigate the amount of any payment provided for in this Agreement by seeking other employment or otherwise. The Company shall not be entitled to set off against the amounts payable to the Executive under this Agreement any amounts owed to the Company by the Executive, any amounts earned by the Executive in other employment after termination of his employment with the Company, or any amounts which might have been earned by the Executive in other employment had he sought such other employment.

Appears in 27 contracts

Samples: Employment Agreement (Prologis), Employment Agreement (Prologis), Employment Agreement (Prologis)

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Mitigation and Set-Off. The Executive shall not be required to mitigate the amount of any payment provided for in this Agreement by seeking other employment or otherwise. The Company shall not be entitled to set off against the amounts payable to the Executive under this Agreement any amounts owed to the Company by the Executive, any amounts earned by the Executive in other employment after termination of his employment with the Company, or any amounts which might have been earned by the Executive in other employment had he sought such other employment.

Appears in 14 contracts

Samples: Employment Agreement (Atp Oil & Gas Corp), Employment Agreement (Atp Oil & Gas Corp), Employment Agreement (Atp Oil & Gas Corp)

Mitigation and Set-Off. The Executive shall not be required to mitigate the amount of any payment provided for in this Agreement by seeking other employment or otherwise. The Company shall not be entitled to set off against the amounts payable to the Executive under this Agreement any amounts owed to the Company by the Executive, any amounts earned by the Executive in other employment after termination of his employment with the Company, or any amounts which might have been earned by the Executive in other employment had he or she sought such other employment.

Appears in 14 contracts

Samples: Change in Control Agreement (Corelogic, Inc.), Change in Control Agreement (First American Financial Corp), Change in Control Agreement (First American Financial Corp)

Mitigation and Set-Off. The Executive shall not be required to mitigate the amount of any payment provided for in this Agreement by seeking other employment or otherwise. The Company shall not be entitled to set off against the amounts payable to the Executive under this Agreement any amounts owed to the Company by the Executive, any amounts earned by the Executive in other employment after termination of his employment with the Company, Company or any amounts which might have been earned by the Executive in other employment had he sought such other employment; provided, however that Company shall be entitled to set off against the amounts payable to Executive under this Agreement any amounts owed to Company by Executive.

Appears in 10 contracts

Samples: Executive Employment Agreement (Potbelly Corp), Executive Employment Agreement (Potbelly Corp), Executive Employment Agreement (Potbelly Corp)

Mitigation and Set-Off. The Executive shall not be required to mitigate the amount of any payment provided for in this Agreement by seeking other employment or otherwise. The Company Further, the Company’s obligations to make any payments hereunder shall not be entitled subject to set off against the amounts payable to the Executive under this Agreement or affected by any amounts owed to setoff, counterclaims, recoupment, or defenses or other rights which the Company by the Executive, any amounts earned by the may have against Executive in other employment after termination of his employment with the Company, or any amounts which might have been earned by the Executive in other employment had he sought such other employmentothers.

Appears in 10 contracts

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

Mitigation and Set-Off. The Executive shall not be required to mitigate the amount of any payment provided for in this Agreement by seeking other employment or otherwise. The Company Trust shall not be entitled to set off against the amounts payable to the Executive under this Agreement any amounts owed to the Company Trust by the Executive, any amounts earned by the Executive in other employment after termination of his employment with the CompanyTrust, or any amounts which might have been earned by the Executive in other employment had he sought such other employment.

Appears in 9 contracts

Samples: Executive Protection Agreement (Prologis), Executive Protection Agreement (Prologis), Executive Protection Agreement (Prologis)

Mitigation and Set-Off. The Executive shall not be required to mitigate the amount of any payment provided for in this Agreement by seeking other employment or otherwise. The Except as otherwise specifically provided in this Agreement, the Company shall not be entitled to set off against the amounts payable to the Executive under this Agreement any amounts owed to the Company by the Executive, any amounts earned by the Executive in other employment after termination of his employment with the Company, or any amounts which might have been earned by the Executive in other employment had he sought such other employment.

Appears in 7 contracts

Samples: Employment Agreement (Us Can Corp), Employment Agreement (Usc May Verpackungen Holding Inc), Employment Agreement (Usc May Verpackungen Holding Inc)

Mitigation and Set-Off. The Executive shall not be required to mitigate the amount of any payment provided for in this Agreement by seeking other employment or otherwise. The Company shall not be entitled to set off against the amounts payable to the Executive under this Agreement any amounts owed to the Company by the Executive, any amounts earned by the Executive in other employment after termination of his employment with the Company, or any amounts which might have been earned by the Executive in other employment had he sought such other employment.

Appears in 6 contracts

Samples: 2004 Incentive Plan (Strategic Hotels & Resorts, Inc), Employment Agreement (Republic Property Trust), Employment Agreement (Republic Property Trust)

Mitigation and Set-Off. The Executive shall not be required to mitigate the amount of any payment provided for in this Agreement by seeking other employment or otherwise. The Company shall not be entitled to set set-off against the amounts payable to the Executive under this Agreement any amounts owed to the Company by the Executive, or any amounts earned earned, or which could have been earned, by the Executive in other employment after termination the date of his Termination of Executive’s employment with the Company, or any amounts which might have been earned by the Executive in other employment had he sought such other employment.

Appears in 5 contracts

Samples: Change in Control Agreement (Transmontaigne Inc), Change in Control Agreement (Transmontaigne Inc), Change in Control Agreement (Transmontaigne Inc)

Mitigation and Set-Off. The Executive shall not be required to mitigate the amount of any payment provided for in this Agreement by seeking other employment or otherwise. The Company shall be entitled to set off against amounts payable to the Executive any amounts owed to the Company by the Executive, but the Company shall not be entitled to set off against the amounts payable to the Executive under this Agreement any amounts owed to the Company by the Executive, any amounts earned by the Executive in other employment after termination of his employment with the Company, or any amounts which might have been earned by the Executive in other employment had he sought such other employmentemployment been sought.

Appears in 4 contracts

Samples: Employment Agreement (Emtec Inc/Nj), Employment Agreement (Emtec Inc/Nj), Employment Agreement (Emtec Inc/Nj)

Mitigation and Set-Off. The Executive shall not be required to mitigate the amount of any payment provided for in this Agreement by seeking other employment or otherwise. The Company shall not be entitled to set set-off against the amounts payable to the Executive under this Agreement any amounts owed to the Company by the Executiveearned, any amounts earned or which could have been earned, by the Executive in other employment after termination the date of his Termination of Executive's employment with the Company, or any amounts which might have been earned by the Executive in other employment had he sought such other employment.

Appears in 4 contracts

Samples: Change in Control Agreement (Planetcad Inc), Change in Control Agreement (Planetcad Inc), Change in Control Agreement (Planetcad Inc)

Mitigation and Set-Off. The Executive shall not be required to mitigate the amount of any payment provided for in this Agreement by seeking other employment or otherwise. The Company shall not be entitled to set off against the amounts payable to the Executive under this Agreement any amounts owed to the Company by the Executive, any amounts earned by the Executive in other employment after termination of his Executive’s employment with the Company, or any amounts which might have been earned by the Executive in other employment had he Executive sought such other employment.

Appears in 4 contracts

Samples: Change in Control Agreement, Change in Control Agreement, Change in Control Agreement (Gallagher Arthur J & Co)

Mitigation and Set-Off. The Executive shall not be required to mitigate the amount of any payment or benefit provided for in this Agreement by seeking other employment or otherwise. The Company shall not be entitled to set off against the amounts payable to the Executive under this Agreement any amounts owed to the Company by the Executive, any amounts earned by the Executive in other employment after termination of his employment with the Company, or any amounts which might have been earned by the Executive in other employment had he sought such other employment.

Appears in 3 contracts

Samples: Agreement (Zenith Electronics Corp), Agreement (Zenith Electronics Corp), Employment Agreement (Zenith Electronics Corp)

Mitigation and Set-Off. The Executive shall not be required to mitigate the amount of any payment provided for in this Agreement by seeking other employment or otherwise. The Company shall not be entitled to set off against the amounts payable to the Executive under this Agreement any amounts owed to the Company by the Executive, any amounts earned by the Executive in other employment after termination of his his/her employment with the Company, Company or any amounts which might have been earned by the Executive in other employment had he he/she sought such other employment; provided, however that Company shall be entitled to set off against the amounts payable to Executive under this Agreement any amounts owed to Company by Executive.

Appears in 3 contracts

Samples: Employment Agreement (Potbelly Corp), Executive Employment Agreement (Potbelly Corp), Executive Employment Agreement (Potbelly Corp)

Mitigation and Set-Off. The Executive shall not be required to ---------------------- mitigate the amount of any payment provided for in this Agreement by seeking other employment or otherwise. The Company shall not be entitled to set off against the amounts payable to the Executive under this Agreement any amounts owed to the Company by the Executive, any amounts earned by the Executive in other employment after termination of his employment with the Company, or any amounts which might have been earned by the Executive in other employment had he sought such other employment.

Appears in 3 contracts

Samples: Employment Agreement (Catellus Development Corp), Employment Agreement (Catellus Development Corp), Change in Control Agreement (Security Capital Group Inc/)

Mitigation and Set-Off. The Executive shall not be required to mitigate the amount of any payment provided for in this Agreement by seeking other employment or otherwise. The Company shall not be entitled to set set-off against the amounts payable to the Executive under this Agreement any amounts owed to the Company by the Executive, any amounts earned by the Executive in other employment after termination Termination of his or her employment with the Company, or any amounts which might have been earned by the Executive in other employment had he or she sought such other employment.

Appears in 2 contracts

Samples: Change in Control Agreement (Archstone Smith Operating Trust), Change in Control Agreement (Archstone Smith Trust)

Mitigation and Set-Off. The Executive shall not be required to mitigate the amount of any payment provided for in this Agreement by seeking other employment or otherwise. The Company shall be entitled to set off against amounts payable to the Executive any amounts owed to the Company by the Executive, but the Company shall not be entitled to set off against the amounts payable to the Executive under this Agreement any amounts owed to the Company by the Executive, any amounts earned by the Executive in other employment after termination of his employment with the Company, or any amounts which might have been earned by the Executive in other employment had he sought such other employment.

Appears in 2 contracts

Samples: Employment Agreement (Comdisco Inc), Employment Agreement (Comdisco Holding Co Inc)

Mitigation and Set-Off. The Executive shall not be required to mitigate the amount of any payment provided for in this Agreement by seeking other employment or otherwise. The Company shall not be entitled to set off against the amounts payable to the Executive under this Agreement any amounts owed to the Company by the Executive, any amounts earned by the Executive in other employment after termination of his employment with the Company, or any amounts which might have been earned by the Executive in other employment had he she sought such other employment.

Appears in 2 contracts

Samples: Agreement Regarding Change in Control (Ameritech Corp /De/), Agreement Regarding Change in Control (Ameritech Corp /De/)

Mitigation and Set-Off. The Executive shall not be required to mitigate the amount of any payment provided for in this Agreement by seeking other employment or otherwise. The Company shall not be entitled to set off against the amounts payable to the Executive under this Agreement any amounts owed to the Company by the Executive, any amounts earned by the Executive in other employment after termination of his her employment with the Company, or any amounts which might have been earned by the Executive in other employment had he she sought such other employment.

Appears in 2 contracts

Samples: Employment Agreement (Prologis), Agreement Regarding Change in Control (Ameritech Corp /De/)

Mitigation and Set-Off. The Executive shall not be required to mitigate the amount of any payment provided for in this Agreement by seeking other employment or otherwise. The Except as otherwise specifically provided in this Agreement, the Company shall not be entitled to set off against the amounts payable to the Executive under this Agreement any amounts owed to the Company by the Executive, any amounts earned by the Executive in other employment after termination of his employment with the Company, or any amounts which might have been earned by the Executive in other employment had he sought such other employment.

Appears in 2 contracts

Samples: Change in Control Agreement (Us Can Corp), Change in Control Agreement (Us Can Corp)

Mitigation and Set-Off. The Executive shall not be required to mitigate the amount of any payment provided for in this Agreement by seeking other employment or otherwise. The Company shall not be entitled to set off against the amounts payable to the Executive under this Agreement any amounts owed to the Company by the Executive, any amounts earned by the Executive in other employment after termination of his her employment with the Company, or any amounts which might have been earned by the Executive in other employment had he she sought such other employment. 10.

Appears in 2 contracts

Samples: Executive Separation Agreement (Quaker Oats Co), Executive Separation Agreement (Quaker Oats Co)

Mitigation and Set-Off. The Executive shall not be required to ---------------------- mitigate the amount of any payment provided for in this Agreement by seeking other employment or otherwise. The Company shall not be entitled to set off against the amounts payable to the Executive under this Agreement any amounts owed to the Company by the Executive, any amounts earned by the Executive in other employment after termination of his employment with the Company, or any amounts which might have been earned by the Executive in other employment had he or she sought such other employment.

Appears in 2 contracts

Samples: Change in Control Agreement (First American Financial Corp), Change In (First American Financial Corp)

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Mitigation and Set-Off. The Executive shall not be required to mitigate the amount of any payment provided for in this Agreement by seeking other employment or otherwise. The Company SHR and the Employer shall not be entitled to set off against the amounts payable to the Executive under this Agreement any amounts owed to the Company by the Executive, any amounts earned by the Executive in other employment after termination of his Executive’s employment with the Company, or any amounts which might have been earned by the Executive in other employment had he Executive sought such other employment. However, to the extent not inconsistent with Section 409A, the Company shall be entitled to set off against amounts payable to Executive under this Agreement any amounts owed to the Company by Executive.

Appears in 1 contract

Samples: Form Of Agreement (Strategic Hotels & Resorts, Inc)

Mitigation and Set-Off. The Executive shall not be required to mitigate the amount of any payment provided for in this Agreement by seeking other employment or otherwise. The Except as otherwise specifically provided in this Agreement, the Company shall not be entitled to set off against the amounts payable to the Executive under this Agreement any amounts owed to the Company by the Executive, any amounts earned by the Executive in other employment after termination of his her employment with the Company, or any amounts which might have been earned by the Executive in other employment had he she sought such other employment.

Appears in 1 contract

Samples: Employment Agreement (Usc May Verpackungen Holding Inc)

Mitigation and Set-Off. The Executive shall not be required to mitigate the amount of any payment provided for in this Agreement by seeking other employment or otherwise. The Company shall not be entitled to set off against the amounts payable to the Executive under this Agreement hereunder any amounts owed to the Company by the ExecutiveCompany, any amounts earned (or foregone) by the Executive in other employment after termination of his employment with the Company, or any amounts which that might have been earned by the Executive in other employment had he sought such other employment.

Appears in 1 contract

Samples: Retirement and Separation Agreement (Commonwealth Edison Co)

Mitigation and Set-Off. The Executive shall not be required to mitigate the amount of any payment provided for in this Agreement by seeking other employment or otherwise. The Company Neither the Company, nor the Employer nor any of their respective subsidiaries or affiliates shall not be entitled to set set-off against the amounts payable to the Executive under this Agreement any amounts owed to the Company by the Executive, any amounts earned by the Executive in other employment after termination of his employment with the Companyemployment, or any amounts which might have been earned by the Executive in other employment had he sought such other employment.

Appears in 1 contract

Samples: Employment Agreement (Archstone)

Mitigation and Set-Off. The Executive shall not be required to mitigate the amount of any payment provided for in this Agreement by seeking other employment or otherwise. The Company shall not be entitled to set off against the amounts payable to the Executive under this Agreement any amounts owed to the Company by the Executive, any amounts earned by the Executive in other employment after termination of his employment with the Company, or any amounts which might have been earned by the Executive in other employment had he sought such other employment. 10.

Appears in 1 contract

Samples: Executive Separation Agreement (Quaker Oats Co)

Mitigation and Set-Off. The Executive shall not be required to mitigate the amount of any payment provided for in this Agreement by seeking other employment or otherwise. The Company Trust shall not be entitled to set off against the amounts payable to the Executive under this Agreement any amounts owed to the Company Trust by the Executive, any amounts earned by the Executive in other employment after termination of his her employment with the CompanyTrust, or any amounts which might have been earned by the Executive in other employment had he she sought such other employment.

Appears in 1 contract

Samples: Executive Protection Agreement (Prologis)

Mitigation and Set-Off. The Executive shall not be required to mitigate the amount of any payment provided for in this Agreement by seeking other employment or otherwise. The Company shall not be entitled to set set-off against the amounts payable to the Executive under this Agreement any amounts owed to the Company by the Executive, any amounts earned earned, or which could have been earned, by the Executive in other employment after termination the date of his Termination of Executive's employment with the Company, or any amounts which might have been earned by the Executive in other employment had he sought such other employment.

Appears in 1 contract

Samples: Change in Control Agreement (Planetcad Inc)

Mitigation and Set-Off. The Executive shall not be required to mitigate the amount of any payment provided for in this Agreement by seeking other employment or otherwise. The Company shall not be entitled to set set-off against the amounts payable to the Executive under this Agreement any amounts owed to the Company by the Executive, or any amounts earned earned, or which could have been earned, by the Executive in other employment after termination the date of his employment with the Company, or any amounts which might have been earned by the Executive in other employment had he sought such other employmentExecutive’s Termination.

Appears in 1 contract

Samples: Change in Control Agreement (Transmontaigne Inc)

Mitigation and Set-Off. The Executive shall not be required to ---------------------- mitigate the amount of any payment provided for in this Agreement by seeking other employment or otherwise. The Company shall not be entitled to set off against the amounts payable to the Executive under this Agreement any amounts owed to the Company by the Executive, any amounts earned by the Executive in other employment after termination of his employment with by the Company, or any amounts which might have been earned by the Executive in other employment had he sought such other employment.

Appears in 1 contract

Samples: Employment Agreement (Catellus Development Corp)

Mitigation and Set-Off. The Executive shall not be required to mitigate the amount of any payment provided for in this Agreement by seeking other employment or otherwise. The Company shall not be entitled to set off against the amounts payable to the Executive under this Agreement any amounts owed to the Company by the Executive, any amounts earned by the Executive in other employment after termination of his employment with the Company, or any amounts which might have been earned by the Executive in other employment had he sought such other employment. 5 10.

Appears in 1 contract

Samples: Executive Separation Agreement (Quaker Oats Co)

Mitigation and Set-Off. The Executive shall not be required to mitigate the amount of any payment provided for in this Agreement by seeking other employment or otherwise. The Company shall not be entitled to set off against the amounts payable to the Executive under this Agreement any amounts owed to the Company by the Executive, any amounts earned by the Executive in other employment after termination of his Executive's employment with the Company, or any amounts which might have been earned by the Executive in other employment had he Executive sought such other employment.

Appears in 1 contract

Samples: Change in Control (Gallagher Arthur J & Co)

Mitigation and Set-Off. The Executive shall not be required to mitigate the amount of any payment provided for in this Agreement by seeking other employment or otherwise. The Except for amounts owed pursuant to the promissory note set forth in Exhibit B, the Company shall not be entitled to set off against the amounts payable to the Executive under this Agreement any amounts owed to the Company by the Executive, any amounts earned by the Executive in other employment after termination of his employment with the Company, or any amounts which might have been earned by the Executive in other employment had he sought such other employment.

Appears in 1 contract

Samples: Employment Agreement (Trenwick Group LTD)

Mitigation and Set-Off. The Executive shall not be required to mitigate the amount of any payment provided for in this Agreement by seeking other employment or otherwise. The Company shall not be entitled to set any set-off against the amounts payable by Company to the Executive under this Agreement for any amounts owed to the Company by the Executive, any amounts earned by the Executive in claims or other employment after termination of his employment with the Company, or any amounts which might have been earned by the Executive in other employment had he sought such other employmentreason.

Appears in 1 contract

Samples: Employment Agreement (Devry Inc)

Mitigation and Set-Off. The Executive shall not be required to mitigate the amount of any payment provided for in this Agreement by seeking other employment or otherwise. The Company shall not be entitled to set off against the amounts payable to the Executive under this Agreement any amounts owed to the Company by the Executive, any amounts earned by the Executive in other employment after termination of his her employment with the Company, Company or any amounts which might have been earned by the Executive in other employment had he she sought such other employment; provided, however that Company shall be entitled to set off against the amounts payable to Executive under this Agreement any amounts owed to Company by Executive.

Appears in 1 contract

Samples: Executive Employment Contract (Potbelly Corp)

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