Common use of Mitigation Obligation Clause in Contracts

Mitigation Obligation. The Executive shall mitigate damages including the amount of any payment provided for pursuant to Section 13 by seeking other employment or otherwise; provided, however, that the Executive is under no obligation to mitigate any amount provided for by insurance policies under Section 13 hereof.

Appears in 5 contracts

Samples: Employment Agreement (Bioenvision Inc), Employment Agreement (Bioenvision Inc), Employment Agreement (Electropharmacology Inc)

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Mitigation Obligation. The Executive shall mitigate damages including the amount of any payment provided for pursuant to Section 13 by seeking other employment or otherwise; provided, however, that the Executive is under no obligation to mitigate any amount provided for by insurance policies under Section 13 hereof.

Appears in 1 contract

Samples: Employment Agreement (Bioenvision Inc)

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