Common use of Mitigation of Damages Clause in Contracts

Mitigation of Damages. The Executive will not be required to mitigate damages or the amount of any payment provided for under this Agreement by seeking other employment or otherwise. Except as otherwise specifically provided in this Agreement, the amount of any payment provided for under this Agreement will not be reduced by any compensation earned by the Executive as the result of self-employment or employment by another employer or otherwise.

Appears in 36 contracts

Samples: Change in Control Agreement (American Equity Investment Life Holding Co), Change in Control Agreement (American Equity Investment Life Holding Co), Change in Control Agreement (American Equity Investment Life Holding Co)

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Mitigation of Damages. The Executive will 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. Except as otherwise specifically provided in this Agreement, shall reduce the amount of any payment provided for under this Agreement will not be reduced by any compensation earned by the Executive as the result of self-employment or employment by another employer or otherwiseTermination Amount otherwise payable to him.

Appears in 2 contracts

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

Mitigation of Damages. The Executive will 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. Except as otherwise specifically provided in this Agreement, and, after his termination of employment hereunder, any payments made by the amount of any payment provided for under this Agreement will Company hereunder shall not be reduced by any compensation earned by the amount Executive as the result of self-employment or employment by another employer or otherwisereceives from any other such employment.

Appears in 2 contracts

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

Mitigation of Damages. The Executive will not be required to --------------------- mitigate damages or the amount of any payment provided for under this Agreement by seeking other employment or otherwise. Except as otherwise specifically provided in this Agreement, the amount of any payment provided for under this Agreement will not be reduced by any compensation earned by the Executive as the result of self-employment or employment by another employer or otherwise.

Appears in 2 contracts

Samples: Officer Change in Control Agreement (Gardner Denver Inc), Change in Control Agreement (Gardner Denver Inc)

Mitigation of Damages. The Executive will 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. Except as otherwise specifically provided in this Agreement, shall not reduce the amount of any payment provided for under this Agreement will not be reduced by any compensation earned by the Executive as the result of self-employment Termination Amount or employment by another employer other payments or otherwiseamounts otherwise payable to him.

Appears in 2 contracts

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

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

Appears in 1 contract

Samples: Executive Employment Agreement (Thermoview Industries Inc)

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

Appears in 1 contract

Samples: Employment Agreement (National Wireless Holdings Inc)

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