Mitigation; Set Off. The Executive shall not be required to mitigate the amount of any payment provided for in this Section 9 by seeking other employment or otherwise. In addition, the amount of any payment or benefit provided for in this Agreement (other than Section 9(d)(iii) hereof) shall not be reduced by any compensation earned by the Executive as the result of employment by another employer or by retirement benefit, and, except as provided in Section 9(c) hereof, shall not be reduced by offset against any amount claimed to be owed by the Executive of the Company, or otherwise.
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Samples: Employment Agreement (Ust Inc), Employment Agreement (Ust Inc)
Mitigation; Set Off. The Executive shall not be required to mitigate the amount of any payment provided for in this Section 9 by seeking other employment or otherwise. In addition, the amount of any payment or benefit provided for in this Agreement (other than Section 9(d)(iii) hereof) shall not be reduced by any compensation earned by the Executive as the result of employment by another employer or by retirement benefit, and, except as provided in Section 9(c(9)(c) hereof, shall not be reduced by offset against any amount claimed to be owed by the Executive of to the Company, or otherwise.
Appears in 1 contract
Samples: Employment Agreement (Ust Inc)
Mitigation; Set Off. The Executive shall not be required to mitigate the amount of any payment provided for in this Section 9 by seeking other employment or otherwise. In addition, the amount of any payment or benefit provided for in this Agreement (other than Section 9(d)(iii) hereof) shall not be reduced by any compensation earned by the Executive as the result of employment by another employer or by retirement benefit, and, except as provided in Section 9(c(9)(c) hereof, shall not be reduced by offset against any amount claimed to be owed by the Executive of to the Company, or otherwise. 10.
Appears in 1 contract
