No Duty to Mitigate Damages. The Executive's benefits under Section 7(b) shall be considered severance pay in consideration of his past service and his continued service from the date of this Agreement, and his entitlement thereto shall neither be governed by any duty to mitigate his damages by seeking further employment nor offset by any compensation which he may receive from future employment.
Appears in 2 contracts
Samples: Employment Agreement (Averstar Inc), Employment Agreement (Averstar Inc)
No Duty to Mitigate Damages. The Executive's benefits under Section 7(b) shall be considered severance pay in consideration of his past service and his continued her service from the date of this Agreement, and his her entitlement thereto shall neither be governed by any duty to mitigate his her damages by seeking further employment nor offset by any compensation which he she may receive from future employment.
Appears in 1 contract
Samples: Employment Agreement (Averstar Inc)
No Duty to Mitigate Damages. The Executive's benefits under Section 7(b) 2 shall be considered severance pay in consideration of his past service and his continued service from the date of this Agreement, and his entitlement thereto shall neither be governed by any duty to mitigate his damages by seeking further employment nor offset by any compensation which he may receive from future employment.
Appears in 1 contract
Samples: Change of Control Severance Agreement (Holmes Group Inc)
No Duty to Mitigate Damages. The Executive's benefits under Section 7(b) Sections 2 and 3 shall be considered severance pay in consideration of his past service and his continued service from the date of this Agreement, and his entitlement thereto shall neither be governed by any duty to mitigate his damages by seeking further employment nor offset by any compensation which he may receive from future employment.
Appears in 1 contract
