No Duty to Mitigate Damages. The Employee's benefits under this Agreement 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 6 contracts
Samples: Change in Control Agreement (Urstadt Biddle Properties Inc), Change of Control Agreement (Urstadt Biddle Properties Inc), Change of Control Agreement (Urstadt Biddle Properties Inc)
No Duty to Mitigate Damages. The Employee's ’s benefits under this Agreement Section 2.01(a) 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: Change of Control Severance Agreement (National Dentex Corp /Ma/), Change of Control Severance Agreement (National Dentex Corp /Ma/)
No Duty to Mitigate Damages. The Employee's benefits under this Agreement shall be considered severance pay in consideration of his her past service and his her continued 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: Change in Control Agreement (Urstadt Biddle Properties Inc)
No Duty to Mitigate Damages. The Employee's benefits under this ther Agreement shall be considered severance pay in consideration of his her past service and his her continued service from the date of this ther 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: Change in Control Agreement (Urstadt Biddle Properties Inc)
No Duty to Mitigate Damages. The Employee's benefits under this Agreement 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 she may receive from future employment.
Appears in 1 contract
Samples: Change in Control Agreement (Urstadt Biddle Properties Inc)
