Common use of Mitigation of Damages Clause in Contracts

Mitigation of Damages. Executive shall not be required to mitigate damages or the amount of any payment provided for under this Agreement by seeking other employment or otherwise after the termination of his employment hereunder.

Appears in 31 contracts

Samples: Employment Agreement (Medcath Corp), Employment Agreement (Medcath Corp), Employment Agreement (Medcath Corp)

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Mitigation of Damages. Executive shall not be required to mitigate damages or the amount of any payment provided for under this Agreement by seeking other employment (which may include self-employment) or otherwise otherwise, and, after the his termination of his employment hereunder, any payments made by the Company hereunder shall not be reduced by any amount Executive receives from any other such employment.

Appears in 2 contracts

Samples: Employment Agreement (7th Level Inc), Employment Agreement (Learn2 Corp)

Mitigation of Damages. Executive shall not be required to mitigate damages or the amount of any payment provided for under this Agreement by seeking other employment or otherwise after the termination of his her employment hereunder.

Appears in 2 contracts

Samples: Employment Agreement (Medcath Corp), Employment Agreement (Qmed Inc)

Mitigation of Damages. Executive shall not be required to mitigate damages or the amount of any payment provided for under this Agreement by seeking other employment or otherwise after the termination of his employment hereunder, and no amounts earned by Executive, whether from self-employment, as a common-law employee or otherwise, shall reduce the amount of any Termination Amount otherwise payable to him.

Appears in 2 contracts

Samples: Employment Agreement (Aep Industries Inc), Employment Agreement (Aep Industries Inc)

Mitigation of Damages. Executive shall not be required to mitigate any damages or the amount of any payment provided for under this Agreement by seeking other employment or otherwise after the termination of his employment hereunder, and any amounts earned by Executive, whether from self-employment, as a common-law employee or otherwise, shall not reduce the amount of any Termination Amount or other payments or amounts otherwise payable to him.

Appears in 2 contracts

Samples: Employment Agreement (Range Resources Corp), Employment Agreement (Domain Energy Corp)

Mitigation of Damages. The Executive shall not be required to mitigate damages or the amount of any payment or benefits provided for under this Agreement by seeking other employment or otherwise after the termination of his employment hereunder.

Appears in 2 contracts

Samples: Employment Agreement (CNB Corp /Sc/), Employment Agreement (CNB Corp /Sc/)

Mitigation of Damages. Executive shall not be required to mitigate damages or the amount of any payment provided for under this Agreement by seeking other employment or otherwise after the termination of his [his/her] employment hereunder.

Appears in 1 contract

Samples: Employment Agreement (Hotjobs Com LTD)

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Mitigation of Damages. Executive shall not be required to mitigate damages or the amount of any payment provided for under this Agreement by seeking other employment or otherwise after otherwise, nor shall the termination amount of his any payment provided for under this Agreement be reduced by any compensation earned by the Executive as the result of self-employment hereunderor employment by another employer or otherwise.

Appears in 1 contract

Samples: Executive Employment Agreement (Thermoview Industries Inc)

Mitigation of Damages. The Executive shall not be required to mitigate damages or the amount of any payment provided for under this Agreement by seeking other employment or otherwise otherwise, nor shall the amount of any payment provided for under this Agreement be reduced by any compensation earned by the Executive as a result of employment by another Company after the termination Date of his employment hereunderTermination, or otherwise, except to the extent provided in Section 7 above.

Appears in 1 contract

Samples: Employment Agreement (National Wireless Holdings Inc)

Mitigation of Damages. The Executive shall not be required to mitigate his damages or the amount of any payment provided for under this Agreement by seeking alternative employment in the event that the Company breaches this Agreement, nor shall the Base Termination Payment nor the payments due under Sections 11 or 12 be reduced by any earnings that the Executive may receive from any other employment or otherwise after the termination of his employment hereundersource.

Appears in 1 contract

Samples: Employment Agreement (Magnetek Inc)

Mitigation of Damages. Executive shall not be required to --------------------- mitigate damages or the amount of any payment provided for under this Agreement by seeking other employment or otherwise after the termination of his employment hereunder.

Appears in 1 contract

Samples: Employment Agreement (Brunos Inc)

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