Common use of Mitigation; Exclusivity of Benefits Clause in Contracts

Mitigation; Exclusivity of Benefits. (a) The Officer shall not be required to mitigate the amount of any benefits hereunder by seeking other employment or otherwise.

Appears in 13 contracts

Samples: Change in Control Severance Agreement (Sterling Banks, Inc.), Change in Control Severance Agreement (Sterling Banks, Inc.), Employment Agreement (Union First Market Bankshares Corp)

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Mitigation; Exclusivity of Benefits. (a) The Officer shall not be required to mitigate the amount of any benefits hereunder by seeking other employment or otherwise, nor shall the amount of any such benefits be reduced by any compensation earned by the Officer as a result of employment by another employer after the Date of Termination or otherwise, except as set forth in Section 5(h)(B)(ii) hereof.

Appears in 2 contracts

Samples: Employment Agreement (Willow Financial Bancorp, Inc.), Employment Agreement (Willow Financial Bancorp, Inc.)

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Mitigation; Exclusivity of Benefits. (a) The Officer shall not be required to mitigate the amount of any benefits to be paid to her hereunder by seeking other employment or otherwise.

Appears in 1 contract

Samples: Employment Agreement (Union First Market Bankshares Corp)

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