Common use of No Duty to Mitigate Clause in Contracts

No Duty to Mitigate. Executive shall not be required to mitigate damages or the amount of any payment provided for under this Agreement by seeking other employment or otherwise, nor will any payments hereunder be subject to offset in the event Executive does mitigate.

Appears in 23 contracts

Samples: Executive Employment Agreement (Vail Resorts Inc), Employment Agreement (Vici Properties Inc.), Employment Agreement (Vici Properties Inc.)

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No Duty to Mitigate. Executive shall not be required to mitigate damages or the amount of any payment made or benefit provided for under hereunder. The Company may offset any payment due hereunder by the amount of damages to the Company resulting from any breach of this Agreement by seeking other employment or otherwise, nor will any payments hereunder be subject to offset in the event Executive does mitigateExecutive.

Appears in 23 contracts

Samples: Executive Agreement (CIPHERLOC Corp), Executive Agreement (Data I/O Corp), Confidentiality and Non Competition Agreement (Cutter & Buck Inc)

No Duty to Mitigate. Executive shall not be required to mitigate damages or the amount of any payment provided for under damages that Executive may incur or other payments to be made to Executive hereunder as a result of any termination or expiration of this Agreement by seeking other employment or otherwiseAgreement, nor will shall any payments hereunder to Executive be subject to offset in the event reduced by any other payments Executive does mitigatemay receive.

Appears in 12 contracts

Samples: Employment Agreement (Castle Brands Inc), Employment Agreement (Castle Brands Inc), Employment Agreement (Castle Brands Inc)

No Duty to Mitigate. Executive shall not be required to mitigate damages or the amount of any payment provided for under damages that Executive may incur or other payments to be made to Executive hereunder as a result of any termination or expiration of this Agreement by seeking other employment or otherwiseAgreement, nor will shall any payments hereunder to Executive be subject to offset in the event reduced by any other payments Executive does mitigatemay receive, except as set forth herein.

Appears in 10 contracts

Samples: Employment Agreement, Employment Agreement (HF Foods Group Inc.), Employment Agreement (HF Foods Group Inc.)

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No Duty to Mitigate. Executive shall not be required to mitigate damages or the amount of any payment made or benefit provided for under hereunder and any amounts payable shall not be reduced by any other earnings. The Company may offset any payment due hereunder by the amount of damages to the Company resulting from any breach of this Agreement by seeking other employment or otherwise, nor will any payments hereunder be subject to offset in the event Executive does mitigateExecutive.

Appears in 1 contract

Samples: Executive Agreement (CIPHERLOC Corp)

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