Common use of No Mitigation Duty Clause in Contracts

No Mitigation Duty. The amounts payable to the Executive pursuant to this Section 11 will not be reduced by the amount of any income that the Executive earns or could earn from alternative employment following the Date of Termination. The Company waives any duty that the Executive might have under law to mitigate his damages by seeking alternative employment.

Appears in 5 contracts

Samples: Employment Agreement (Alico, Inc.), Employment Agreement (Alico, Inc.), Employment Agreement (Alico, Inc.)

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No Mitigation Duty. The amounts payable to the Executive pursuant to this Section 11 will not be reduced by the amount of any income that the Executive earns or could earn from alternative employment following the Date of Termination. The Company waives any duty that the Executive might have under law to mitigate his damages by seeking alternative employmentemployment and the Company shall have no right to offset any amounts owed to the Company with amounts payable under this Section 11.

Appears in 3 contracts

Samples: Employment Agreement (Alico Inc), Employment Agreement (Alico Inc), Employment Agreement (Alico Inc)

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No Mitigation Duty. The amounts payable to the Executive pursuant to this Section Sections 11 will not be reduced by the amount of any income that the Executive earns or could earn from alternative employment following the Date of Termination. The Company waives any duty that the Executive might have under law to mitigate his damages by seeking alternative employment.

Appears in 1 contract

Samples: Employment Agreement (Alico Inc)

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