Common use of Mitigation; Exclusivity of Benefits Clause in Contracts

Mitigation; Exclusivity of Benefits. (a) The Executive shall not be required to mitigate the amount of any benefits hereunder by seeking other employment or otherwise, nor, except as otherwise provided herein, shall the amount of any such benefits be reduced by any compensation earned by the Executive as a result of employment by another employer after the Date of Termination or otherwise.

Appears in 6 contracts

Samples: Amended and Restated Agreement (Laurel Capital Group Inc), Change in Control Severance Agreement (Laurel Capital Group Inc), Control Severance Agreement (Laurel Capital Group Inc)

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Mitigation; Exclusivity of Benefits. (a) The Executive shall not be required to mitigate the amount of any benefits hereunder by seeking other employment or otherwise, nor, otherwise except as otherwise provided hereinin Section 6(d)(B) hereof, nor shall the amount of any such benefits be reduced by any compensation earned by the Executive as a result of employment by another employer after the Date of Termination or otherwise.

Appears in 6 contracts

Samples: Agreement (Pboc Holdings Inc), Agreement (Pboc Holdings Inc), Agreement (Pboc Holdings Inc)

Mitigation; Exclusivity of Benefits. 4 5 (a) The Executive shall not be required to mitigate the amount of any benefits hereunder by seeking other employment or otherwise, nor, except as otherwise provided herein, nor shall the amount of any such benefits be reduced by any compensation earned by the Executive as a result of employment by another employer after the Date of Termination or otherwise.

Appears in 2 contracts

Samples: Agreement (First Keystone Financial Inc), Agreement (First Keystone Financial Inc)

Mitigation; Exclusivity of Benefits. 5 (a) The Executive shall not be required to mitigate the amount of any benefits hereunder by seeking other employment or otherwise, nor, except as otherwise provided herein, nor shall the amount of any such benefits be reduced by any compensation earned by the Executive as a result of employment by another employer after the Date of Termination or otherwise.

Appears in 1 contract

Samples: Change in Control Severance Agreement (Independence Community Bank Corp)

Mitigation; Exclusivity of Benefits. (a) The Executive shall not be required to mitigate the amount of any payments and benefits hereunder by seeking other employment or otherwise, nor, except as otherwise provided herein, shall the amount of any such benefits be reduced by any compensation earned by the Executive as a result of employment by another employer after the Date of Termination or otherwise.

Appears in 1 contract

Samples: Agreement (Commonwealth Bancorp Inc)

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Mitigation; Exclusivity of Benefits. (a) The Executive shall not be required to mitigate the amount of any benefits hereunder by seeking other employment or otherwise, nor, except as otherwise provided herein, nor shall the amount of any such benefits be reduced by any compensation earned by the Executive as a result of employment by another employer corporation after the Date of Termination or otherwise.

Appears in 1 contract

Samples: Employment Agreement (Trans World Gaming Corp)

Mitigation; Exclusivity of Benefits. (a) The Executive shall not be required to mitigate the amount of any benefits hereunder by seeking other employment or otherwise, nor, except as otherwise provided herein, nor shall the amount of any such benefits be reduced by any compensation earned by the Executive as a result of employment by another employer Corporation after the Date of Termination or otherwise.

Appears in 1 contract

Samples: Employment Agreement (Perfumania Com Inc)

Mitigation; Exclusivity of Benefits. (a) The Executive shall not be required to mitigate the amount of any benefits hereunder by seeking other employment or otherwise, nor, except as otherwise provided herein, nor shall the amount of any such benefits be reduced by any compensation earned by the Executive as a result of employment by another employer after the Date of Termination or otherwise. 6 (b) The specific arrangements referred to herein are not intended to exclude any other benefits which may be available to the Executive upon a termination of employment with the Employer pursuant to employee benefit plans of the Employer or otherwise.

Appears in 1 contract

Samples: Employment Agreement (Tappan Zee Financial Inc)

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