No Duty to Mitigate. In no event shall Executive be obligated to seek other employment or take any other action by way of mitigation of the amounts payable to Executive under any provisions of this Agreement and such amounts shall not be reduced regardless of whether Executive obtains other employment.
Appears in 7 contracts
Samples: Employment Agreement (Xenith Bankshares, Inc.), Employment Agreement (Xenith Bankshares, Inc.), Employment Agreement (Xenith Bankshares, Inc.)
No Duty to Mitigate. In no event shall the Executive be obligated to seek other employment or take any other action by way of mitigation of the amounts payable to the Executive under any of the provisions of this Agreement and and, except as provided in Section 6, such amounts shall not be reduced regardless of whether or not the Executive obtains other employment.
Appears in 7 contracts
Samples: Change of Control Agreement (Hologic Inc), Change of Control Agreement (Hologic Inc), Change of Control Agreement (Hologic Inc)
No Duty to Mitigate. In no event shall the Executive be obligated to seek other employment or take any other action by way of mitigation of the amounts payable to the Executive under any of the provisions of this Agreement and such amounts and, except as contemplated by Section 4(b) hereof, any benefits payable to the Executive hereunder shall not be reduced regardless of whether Executive obtains subject to reduction for any compensation received from other employment.
Appears in 6 contracts
Samples: Severance Agreement (Chase Corp), Severance Agreement (Chase Corp), Severance Agreement (Chase Corp)
No Duty to Mitigate. In no event shall Executive be obligated to seek other employment or take any other action by way of mitigation of the amounts payable to Executive under any provisions of this Agreement and, except as provided in Agreement paragraph 8 (and Agreement paragraphs 6(c), 7(b) and 7(c) regarding health insurance coverage), such amounts shall not be reduced regardless of whether Executive obtains other employment.
Appears in 5 contracts
Samples: Employment Agreement (Atlantic Capital Bancshares, Inc.), Employment Agreement (Atlantic Capital Bancshares, Inc.), Employment Agreement (Atlantic Capital Bancshares, Inc.)
No Duty to Mitigate. In no event shall the Executive be obligated to seek other employment or take any other action by way of mitigation of the amounts payable to the Executive under any of the provisions of this Agreement and except as specifically provided in Section 4(a)(iii), such amounts shall not be reduced regardless of whether or not the Executive obtains other employment.
Appears in 5 contracts
Samples: Employment Agreement (Bristow Group Inc), Employment Agreement (Bristow Group Inc), Employment Agreement (Bristow Group Inc)
No Duty to Mitigate. In no event shall the Executive be obligated to seek other employment or take any other action by way of mitigation of the amounts payable to the Executive under any of the provisions of this Agreement and and, such amounts shall not be reduced regardless of whether or not the Executive obtains other employment.
Appears in 4 contracts
Samples: Release Agreement (Placer Sierra Bancshares), Release Agreement (Placer Sierra Bancshares), Release Agreement (Placer Sierra Bancshares)
No Duty to Mitigate. In no event shall Executive be obligated to seek other employment or take any other action by way of mitigation of the amounts payable to Executive under any of the provisions of this Agreement and such amounts shall not be reduced regardless of whether or not Executive obtains other employment; provided, however, that any loans, advances or other amounts owed by Executive to the Company may be offset by the Company against amounts payable to Executive under this Section 4, but any such offset shall not change the timing of any payments provided for in this Section 4.
Appears in 4 contracts
Samples: Employment Agreement (Digital Generation, Inc.), Employment Agreement (Digital Generation, Inc.), Employment Agreement (Digital Generation, Inc.)
No Duty to Mitigate. In no event shall the Executive be obligated to ------------------- seek other employment or take any other action by way of mitigation of the amounts amount payable to the Executive under any of the provisions of this Agreement agreement and such amounts shall not be reduced regardless of whether or not the Executive obtains other employment.
Appears in 3 contracts
Samples: Executive Severance Agreement (Option Care Inc/De), Executive Severance Agreement (Option Care Inc/De), Executive Severance Agreement (Option Care Inc/De)
No Duty to Mitigate. In no event shall the Executive be obligated to seek other employment or take any other action by way of mitigation of the amounts payable to the Executive under any of the provisions of this Agreement and, except as contemplated by Sections 3(b) and such amounts 4(c)(iii)(B) hereof, any benefits payable to the Executive hereunder shall not be reduced regardless of whether Executive obtains subject to reduction for any compensation received from other employment.
Appears in 3 contracts
Samples: Executive Agreement (PTC Inc.), Executive Agreement, Executive Agreement (Parametric Technology Corp)
No Duty to Mitigate. In no event shall the Executive be obligated to seek other employment or take any other action by way of mitigation of the amounts payable to the Executive under any of the provisions of this Agreement and, except as contemplated by Sections 2(b) and such amounts 3(c)(iii)(B)hereof, any benefits payable to the Executive hereunder shall not be reduced regardless of whether Executive obtains subject to reduction for any compensation received from other employment. 10.
Appears in 3 contracts
Samples: Executive Agreement (PTC Inc.), Executive Agreement (PTC Inc.), Executive Agreement (PTC Inc.)
No Duty to Mitigate. In no event shall the Executive be obligated to seek other employment or take any other action by way of mitigation of the amounts payable to the Executive under any of the provisions of this Agreement and and, except as provided in Section 17, such amounts shall not be reduced regardless of whether or not the Executive obtains other employment.
Appears in 2 contracts
Samples: Employment Agreement (Poet Technologies Inc.), Employment Agreement (Poet Technologies Inc.)
No Duty to Mitigate. In no event shall the Executive be obligated to seek other employment or take any other action by way of mitigation of the amounts payable to the Executive under any of the provisions of this Agreement and such amounts and, except as contemplated by Section 4(b) hereof, any Severance Benefits payable to the Executive hereunder shall not be reduced regardless of whether Executive obtains subject to reduction for any compensation received from other employment.
Appears in 2 contracts
Samples: Severance Agreement (Chase Corp), Severance Agreement (Chase Corp)
No Duty to Mitigate. In no event shall Executive be obligated to seek other employment or take any other action by way of mitigation of the amounts payable to Executive under any of the provisions of this Agreement and such amounts shall not be reduced regardless of whether or not Executive obtains other employment; provided, however, that any loans, advances or other amounts owed by Executive to the Company may be offset by the Company against amounts payable to Executive under this Section 4.
Appears in 2 contracts
Samples: Stock Option Agreement (Image Entertainment Inc), Stock Option Agreement (Image Entertainment Inc)
No Duty to Mitigate. In no event shall the Executive be obligated to seek other employment or take any other action by way of mitigation of the amounts payable to the Executive under any of the provisions of this Agreement and such amounts Agreement, nor shall not the amount of any payment hereunder be reduced regardless reduced, except as otherwise specifically provided herein, by any compensation earned by the Executive as a result of whether Executive obtains other employmentemployment by another employer.
Appears in 2 contracts
Samples: Employment Agreement (Thomas & Betts Corp), Employment Agreement (Thomas & Betts Corp)
No Duty to Mitigate. In no event shall the Executive be obligated to seek other employment or take any other action by way of mitigation of the amounts payable to the Executive under any of the provisions of this Agreement Plan, and such amounts shall not be reduced regardless of whether or not the Executive obtains other employment.
Appears in 2 contracts
Samples: I Agreement (Kimberly Clark Corp), Ii Agreement (Kimberly Clark Corp)
No Duty to Mitigate. In no event shall the Executive be obligated to seek other employment or take any other action by way of mitigation of the amounts payable to the Executive under any of the provisions of this Agreement and except as specifically provided in Section 4(a)(iv), such amounts shall not be reduced regardless of whether or not the Executive obtains other employment.
Appears in 1 contract
No Duty to Mitigate. In no event The Executive shall Executive not be obligated to seek other employment or take any other action by way of mitigation of the amounts payable to the Executive under any of the provisions of this Agreement and Agreement, and, other than the Benefit Severance as defined in Section 5.1.3.(A), such amounts shall not be reduced regardless of whether or not the Executive obtains other employment.
Appears in 1 contract
No Duty to Mitigate. In no event shall will the Executive be obligated to seek other employment or take any other action by way of mitigation of the amounts payable to the Executive under any of the provisions of this Agreement, nor will the amount of any payment under this Agreement and such amounts shall not be reduced regardless reduced, except as otherwise specifically provided herein, by any compensation earned by the Executive as a result of whether Executive obtains other employmentemployment by another employer.
Appears in 1 contract
No Duty to Mitigate. In no event shall the Executive be obligated to seek other employment or take any other action by way of mitigation of the amounts payable to the Executive under any of the provisions of this Agreement and, except as contemplated by Sections 3(b) and such amounts 4(c)(iii)(B) hereof, any benefits payable to the Executive hereunder shall not be reduced regardless of whether Executive obtains subject to reduction for any compensation received from other employment. 10.
Appears in 1 contract
Samples: Executive Agreement (PTC Inc.)
No Duty to Mitigate. In no event shall the Executive be obligated to seek other employment or take any other action by way of mitigation of the amounts payable to the Executive under any of the provisions of this Agreement and such amounts shall not be reduced regardless of whether Executive obtains other employment.and, except as contemplated by Sections 2(c) and
Appears in 1 contract
Samples: Executive Agreement (Costa Inc)