Common use of No Duty of Mitigation Clause in Contracts

No Duty of Mitigation. The Executive shall not be required to mitigate the amount of any payment or benefit provided for in this Agreement by seeking other employment or otherwise, nor shall the amount of any payment or benefit provided for in this Agreement be reduced by any compensation earned by the Executive as the result of employment by another employer, by retirement benefits after the date of termination of this Agreement or otherwise. 5.3

Appears in 9 contracts

Samples: Employment Agreement (FCB Financial Corp), Employment Agreement (FCB Financial Corp), Employment Agreement (FCB Financial Corp)

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No Duty of Mitigation. The Executive shall not be required to mitigate --------------------- the amount of any payment or benefit provided for in this Agreement by seeking other employment or otherwise, nor shall the amount of any payment or benefit provided for in this Agreement be reduced by any compensation earned by the Executive as the result of employment by another employer, by retirement benefits after the date of termination of this Agreement or otherwise. 5.3.

Appears in 6 contracts

Samples: Employment Agreement (Equality Bancorp Inc), Employment Agreement (Equality Bancorp Inc), Employment Agreement (Equality Bancorp Inc)

No Duty of Mitigation. The Executive shall not be required to mitigate the amount of any payment or benefit provided for in this Agreement by seeking other employment or otherwise, nor shall the amount of any payment or benefit provided for in this Agreement be reduced by any compensation earned by the Executive as the result of employment by another employer, by retirement benefits after the date of termination of this Agreement or otherwise. 5.3.

Appears in 3 contracts

Samples: Merger Agreement (Osb Financial Corp), Merger Agreement (FCB Financial Corp), Employment Agreement (Anchor Bancorp Wisconsin Inc)

No Duty of Mitigation. The Executive shall not be required to mitigate the amount of any payment or benefit provided for in this Agreement by seeking other employment or otherwise, nor shall the amount of any payment or benefit provided for in this Agreement be reduced by any compensation earned by the Executive as the result of employment by another employer, by retirement benefits after the date of termination of this Agreement or otherwise. 5.3185

Appears in 1 contract

Samples: Merger Agreement (Osb Financial Corp)

No Duty of Mitigation. The Executive shall not be required to mitigate the amount of any payment or benefit provided for in this Agreement by seeking other employment or otherwise, nor shall the amount of any payment or benefit provided for in this Agreement be reduced by any compensation earned by the Executive as the result of employment by another employer, by retirement benefits after the date of termination of this Agreement or otherwise. 5.3.

Appears in 1 contract

Samples: Employment Agreement (Midwest Federal Financial Corp)

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No Duty of Mitigation. The Executive shall not be required to mitigate the amount of any payment or benefit provided for in this Agreement by seeking other employment or otherwise, nor shall the amount of any payment or benefit provided for in this Agreement be reduced by any compensation earned by the Executive as the result of employment by another employer, by retirement benefits after the date of termination of this Agreement or otherwise. 5.314.

Appears in 1 contract

Samples: Employment Agreement (Midwest Federal Financial Corp)

No Duty of Mitigation. The Executive shall not be required to mitigate the amount of any payment or benefit provided for in this Agreement by seeking other employment or otherwise, nor shall the amount of any payment or benefit provided for in this Agreement be reduced by any compensation earned by the Executive as the result of employment by another employer, by retirement benefits after the date of termination of this Agreement or otherwise. 5.3158

Appears in 1 contract

Samples: Merger Agreement (Osb Financial Corp)

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