Common use of No Mitigation; Limited Offset Clause in Contracts

No Mitigation; Limited Offset. The Company agrees that, if the Executive's employment with the Company terminates during the Term, the Executive is not required to seek other employment or to attempt in any way to reduce any amounts payable to the Executive by the Company pursuant to Section 7(h) or 8 hereof. Further, the amount of any payment or benefit provided for in this Agreement (other than Section 8(e) or the second sentence of Section 8(c)(iv) hereof) shall not be reduced by any compensation earned by the Executive as the result of employment by another employer, by retirement benefits, by offset against any amount claimed to be owed by the Executive to the Company (unless such amount is evidenced by a promissory note signed by the Executive), or otherwise.

No Mitigation; Limited Offset. The Company agrees ----------------------------- that, if the Executive's employment with the Company terminates during the Term, the Executive is not required to seek other employment or to attempt in any way to reduce any amounts payable to the Executive by the Company pursuant to Section 7(h) 6 hereof or 8 Section 7.4 hereof. Further, the amount of any payment or benefit provided for in this Agreement (other than Section 8(e) or the second sentence of Section 8(c)(iv6.1(B) hereof) shall not be reduced by any compensation earned by the Executive as the result of employment by another employer, by retirement benefits, by offset against any amount claimed to be owed by the Executive to the Company (unless such amount is evidenced by a promissory note signed by the Executive)Company, or otherwise.