Common use of Mitigation; Offset Clause in Contracts

Mitigation; Offset. Following a Change of Control Termination, Executive is not required to seek other employment or to attempt in any way to reduce any amounts payable to the Executive by pursuant to this Article VII. The amount of any payment or benefit provided for in this Agreement shall not be reduced by any compensation earned by Executive as the result of employment by another employer, by retirement benefits, by offset against any amount claimed to be owed by Executive to Parent Corporation, any Subsidiary or otherwise.

Appears in 15 contracts

Samples: Executive Employment Agreement (Ceridian Corp /De/), Executive Employment Agreement (Ceridian Corp /De/), Executive Employment Agreement (Ceridian Corp /De/)

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Mitigation; Offset. Following a Change of Control Termination, Executive is not required to seek other employment or to attempt in any way to reduce any amounts payable to the Executive by pursuant to this Article VII. The amount of any payment or benefit provided for in this Agreement shall not be reduced by any compensation earned by Executive as the result of employment by another employer, by retirement benefits, or by offset against any amount claimed to be owed by Executive to Parent Corporation, any Subsidiary Ceridian or otherwise.

Appears in 5 contracts

Samples: Executive Employment Agreement (Ceridian Corp /De/), Executive Employment Agreement (Comdata Network, Inc. Of California), Executive Employment Agreement (Comdata Network, Inc. Of California)

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Mitigation; Offset. Following a Change of Control Termination, Executive is not required to seek other employment or to attempt in any way to reduce any amounts payable to the Executive by pursuant to this Article VII. The Subject to Section 8.11, the amount of any payment or benefit provided for in this Agreement shall not be reduced by any compensation earned by Executive as the result of employment by another employer, by retirement benefits, or by offset against any amount claimed to be owed by Executive to Parent Corporation, any Subsidiary Stream or otherwise.

Appears in 1 contract

Samples: Executive Employment Agreement (Stream Global Services, Inc.)

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