Common use of Mitigation; No Offset Clause in Contracts

Mitigation; No Offset. In the event of any termination of employment under this Section 10, the Executive shall be obligated to seek other employment. There shall be no offset against amounts due the Executive under this Agreement on account of any remuneration attributable to any subsequent employment that he may obtain except as specifically provided in this Section 10.

Appears in 4 contracts

Samples: Employment Agreement (Kmart Holding Corp), Employment Agreement (Kmart Holding Corp), Employment Agreement (Kmart Holding Corp)

AutoNDA by SimpleDocs

Mitigation; No Offset. In the event of any termination of employment under this Section 10, the Executive shall be obligated to seek other employment. There shall be no offset against amounts due the Executive under this Agreement on account of any remuneration attributable to any subsequent employment that he she may obtain except as specifically provided in this Section 10.

Appears in 2 contracts

Samples: Employment Agreement (Kmart Holding Corp), Employment Agreement (Kmart Holding Corp)

AutoNDA by SimpleDocs

Mitigation; No Offset. In the event of any termination of employment under this Section 1011, the Executive shall be obligated to seek other employmentemployment which is suitable for Executive based on his education and work experience. There shall be no offset against amounts due the Executive under this Agreement on account of any remuneration attributable to any subsequent employment that he may obtain except as specifically provided in this Section 1011.

Appears in 2 contracts

Samples: Employment Agreement (Kmart Holding Corp), Employment Agreement (Kmart Holding Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.