Common use of No Duty to Mitigate Clause in Contracts

No Duty to Mitigate. The Executive shall have no duty to seek new employment or other duty to mitigate following a termination of employment as described in this Article 5, and no compensation or benefits described in this Article 5 shall be subject to reduction or offset on account of any subsequent compensation, other than as provided in Section 5.05.

Appears in 24 contracts

Samples: Employment Agreement (Krispy Kreme Doughnuts Inc), Employment Agreement (Krispy Kreme Doughnuts Inc), Employment Agreement (Krispy Kreme Doughnuts Inc)

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No Duty to Mitigate. The Executive shall have no duty to seek new employment or other duty to mitigate following a termination of employment as described in this Article 5Section 5.02 above, and no compensation or benefits described in this Article 5 Section 5.02 shall be subject to reduction or offset on account of any subsequent compensation, other than as provided in Section 5.05.

Appears in 10 contracts

Samples: Employment Agreement, Employment Agreement (ExOne Co), Employment Agreement (CONSOL Energy Inc)

No Duty to Mitigate. The Executive shall have no duty to seek new employment or other duty to mitigate following a termination of employment as described in this Article 5Sections 5.01 and 5.02 above, and no compensation or benefits described in this Article 5 Sections 5.01 and 5.02 shall be subject to reduction or offset on account of any subsequent compensation, other than as provided in Section 5.055.04.

Appears in 8 contracts

Samples: Change in Control Severance Agreement (CONSOL Energy Inc.), Change in Control Severance Agreement (CONSOL Energy Inc.), Change in Control Severance Agreement (CONSOL Energy Inc.)

No Duty to Mitigate. The Executive shall have no duty to seek new employment or other duty to mitigate following a termination of employment as described in this Article 5, and no compensation or benefits described in this Article 5 shall be subject to reduction or offset on account of any subsequent compensation, other than as provided in Section Sections 5.05.

Appears in 3 contracts

Samples: Employment Agreement (Krispy Kreme Doughnuts Inc), Employment Agreement (Krispy Kreme Doughnuts Inc), Employment Agreement (Krispy Kreme Doughnuts Inc)

No Duty to Mitigate. The Except as expressly provided to the contrary therein, the Executive shall have no duty to seek new employment or other duty to mitigate following a termination of employment as described in this Article 5Section 5.02 or 5.03 above, as applicable, and no compensation or benefits described in this Article 5 Section 5.02 or 5.03 shall be subject to reduction or offset on account of any subsequent compensation, other than as provided in Section 5.05compensation received by the Executive.

Appears in 3 contracts

Samples: Employment Agreement (Investment Technology Group Inc), Employment Agreement (Investment Technology Group Inc), Employment Agreement (Investment Technology Group Inc)

No Duty to Mitigate. The Executive shall have no duty to seek new employment or other duty to mitigate following a termination of employment as described in this Article 5Section 5.02 above, and no compensation or benefits described in this Article 5 Section 5.02 shall be subject to reduction or offset on account of any subsequent compensation, other than as provided in Section 5.05. SECTION 5.09.

Appears in 1 contract

Samples: Employment Agreement (ExOne Co)

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No Duty to Mitigate. The Executive shall have no duty to seek new employment or other duty to mitigate following a termination of employment as described in this Article 5Section 5.02 above, and no compensation or benefits described in this Article 5 Section 5.02 shall be subject to reduction or offset on account of any subsequent compensation, other than as provided in Section 5.05compensation received by the Executive.

Appears in 1 contract

Samples: Employment Agreement (Investment Technology Group Inc)

No Duty to Mitigate. The Executive shall have no duty to seek new employment or other duty to mitigate following a termination of employment as described in this Article 5Sections 5.02 and 5.03 above, and no compensation or benefits described in this Article 5 Sections 5.02 and 5.03 shall be subject to reduction or offset on account of any subsequent compensation, other than as provided in Section 5.055.06.

Appears in 1 contract

Samples: Employment Agreement (CONSOL Energy Inc.)

No Duty to Mitigate. The Executive shall have no duty to seek new employment or other duty to mitigate following a termination of employment as described in this Article 5Section 5.02 or 5.03 above, as applicable, and no compensation or benefits described in this Article 5 Section 4.03 (except as expressly set forth in Section 4.03(e)), 5.02 or 5.03 shall be subject to reduction or offset on account of any subsequent compensation, other than as provided in Section 5.05compensation received by the Executive.

Appears in 1 contract

Samples: Employment Agreement (Investment Technology Group, Inc.)

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