No Mitigation Duty. The Executive shall have no duty to mitigate the amount of the Severance Payment, or the COBRA payments described in Section 3.7(a), by seeking other employment or by taking any other action, and the amount of the Severance Payment shall not be reduced by any income that the Executive receives from subsequent employment.
Appears in 4 contracts
Samples: Change of Control Agreement (International Aluminum Corp), Change of Control Agreement (International Aluminum Corp), Change of Control Agreement (International Aluminum Corp)
No Mitigation Duty. The Executive shall have no duty to mitigate the amount of the Severance Payment, or the COBRA payments described in Section 3.7(a), Payment by seeking other employment or by taking any other action, and the amount of the Severance Payment shall not be reduced by any income that the Executive receives from subsequent employment.
Appears in 2 contracts
Samples: Retention Bonus and Change in Control Agreement (Sigma Additive Solutions, Inc.), Retention Bonus and Change in Control Agreement (Sigma Additive Solutions, Inc.)