No Duty to Mitigate Damages. Executive's rights and privileges under this Section 10 shall be considered severance pay in consideration of his past service and his continued service to Employer from the Commencement Date, and his entitlement thereto shall neither be governed by any duty to mitigate his damages by seeking further employment nor offset by any compensation that he may receive from future employment.
Appears in 3 contracts
Samples: Employment Agreement (Luminex Corp), Employment Agreement (Luminex Corp), Employment Agreement (Luminex Corp)
No Duty to Mitigate Damages. The Executive's rights and privileges benefits under this Section 10 7(b) shall be considered severance pay in consideration of his past service and his continued service to Employer from the Commencement Datedate 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 that which he may receive from future employment.
Appears in 2 contracts
Samples: Employment Agreement (Averstar Inc), Employment Agreement (Averstar Inc)
