Common use of Mitigation; Offset Clause in Contracts

Mitigation; Offset. Executive shall not be required to ------------------ mitigate damages resulting from his termination of employment and, during such time, the amounts payable to Executive pursuant to Article V of this Agreement shall not be offset or reduced by any other compensation earned by Executive.

Appears in 4 contracts

Samples: Employment Agreement (Knoll Inc), Employment Agreement (Knoll Inc), Employment Agreement (Knoll Inc)

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Mitigation; Offset. Except as specifically provided hereunder, Executive shall not be required to ------------------ mitigate damages resulting from his termination of employment, and any compensation received by Executive from future employment and, during such time, after the Date of Termination shall not reduce any amounts payable owed to Executive pursuant to Article V of under this Agreement shall not be offset or reduced by any other compensation earned by ExecutiveAgreement.

Appears in 3 contracts

Samples: Employment Agreement (Max Capital Group Ltd.), Employment Agreement (Max Capital Group Ltd.), Employment Agreement (Max Capital Group Ltd.)

Mitigation; Offset. Except as specifically provided hereunder, Executive shall not be required to ------------------ mitigate damages resulting from his termination of employment and, during such time, and the amounts payable to Executive pursuant to Article V of this Agreement shall not be offset or reduced by any other compensation earned by Executive other than with respect to any loans between the Company and Executive.

Appears in 2 contracts

Samples: Employment Agreement (Max Re Capital LTD), Employment Agreement (Max Re Capital LTD)

Mitigation; Offset. Executive shall not be required to ------------------ mitigate damages resulting from his termination of employment and, during such time, the amounts payable to Executive pursuant to Article V of this Agreement shall not be offset or reduced by any other compensation earned by Executive.

Appears in 2 contracts

Samples: Employment Agreement (Knoll Inc), Employment Agreement (Knoll Inc)

Mitigation; Offset. Executive shall not be required to mitigate ------------------ mitigate damages resulting from his her termination of employment and, during such time, the amounts payable to Executive pursuant to Article V of this Agreement shall not be offset or reduced by any other compensation earned by Executive.

Appears in 1 contract

Samples: Employment Agreement (Knoll Inc)

Mitigation; Offset. Except as specifically provided ------------------ hereunder, Executive shall not be required to ------------------ mitigate damages resulting from his termination of employment and, during such time, and the amounts payable to Executive pursuant to Article V of this Agreement shall not be offset or reduced by any other compensation earned by ExecutiveExecutive except as otherwise necessary to secure repayment of the Loan.

Appears in 1 contract

Samples: Employment Agreement (Max Re Capital LTD)

Mitigation; Offset. Except as specifically provided hereunder, -------------------- Executive shall not be required to ------------------ mitigate damages resulting from his termination of employment and, during such time, and the amounts payable to Executive pursuant to Article V of this Agreement shall not be offset or reduced by any other compensation earned by Executive, except to the extent provided by the Signing Bonus.

Appears in 1 contract

Samples: Employment Agreement (Max Re Capital LTD)

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Mitigation; Offset. Except as specifically provided hereunder, ------------------ Executive shall not be required to ------------------ mitigate damages resulting from his termination of employment and, during such time, and the amounts payable to Executive pursuant to Article V of this Agreement shall not be offset or reduced by any other compensation earned by ExecutiveExecutive except as otherwise necessary to secure repayment of the Loan.

Appears in 1 contract

Samples: Employment Agreement (Max Re Capital LTD)

Mitigation; Offset. Except as specifically provided hereunder, Executive shall not be required to ------------------ mitigate damages resulting from his termination of employment and, during such time, and the amounts payable to Executive pursuant to Article V of this Agreement shall not be offset or reduced by any other compensation earned by Executive.

Appears in 1 contract

Samples: Employment Agreement (ALTERRA CAPITAL HOLDINGS LTD)

Mitigation; Offset. Except as specifically provided hereunder, -------------------- Executive shall not be required to ------------------ mitigate damages resulting from his termination of employment and, during such time, and the amounts payable to Executive pursuant to Article V of this Agreement shall not be offset or reduced by any other compensation earned by ExecutiveExecutive except as otherwise necessary to secure repayment of the Loan.

Appears in 1 contract

Samples: Employment Agreement (Max Re Capital LTD)

Mitigation; Offset. Executive shall not be required to mitigate ------------------ mitigate damages resulting from his termination of employment and, during such time, the amounts payable to Executive pursuant to Article V of this Agreement shall not be offset or reduced by any other compensation earned by Executive.

Appears in 1 contract

Samples: Employment Agreement (Knoll Inc)

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