Mitigation or Offset Clause Samples

Mitigation or Offset. Executive shall be required to mitigate the damages provided by this Section 5 by seeking substitute employment or otherwise and there shall be an offset of the payments or benefits set forth in this Section 5.

Mitigation or Offset. Executive shall not be required to seek other employment or to reduce any amount payable to her under Article 6 or 8 hereof, and no such amount shall be reduced on account of any compensation received by Executive from other employment. However, the Company's obligation to pay any amount under this Agreement shall be reduced by any amount owed by the Executive to the Company.

Mitigation or Offset. The Executive shall not be required to seek other employment or to reduce any amount payable to the Executive under Article 5 of this Agreement, and no such amount shall be reduced on account of any compensation received by the Executive from other employment. However, STAAR’s obligation to pay any amount under this Agreement shall be reduced by any amount owed by the Executive to STAAR.

Mitigation or Offset. (a) Executive shall not be required to seek other employment (in the event of a termination of employment with the Company) or to reduce any amount payable to him under Article 3 or 5 hereof, and no such amount shall be reduced on account of any compensation received by Executive from other employment which may be obtained in the event of a termination of employment with the Company. However, Allergan's obligation to pay any amount under this Agreement shall be reduced by any amount owed by the Executive to Allergan or the Company.

Mitigation or Offset. ▇▇▇▇ shall be under no obligation to seek other employment and there shall be no offset against any amounts due ▇▇▇▇ under this Agreement.