Common use of No Mitigation; No Offset Clause in Contracts

No Mitigation; No Offset. In the event of any termination of the Executive's employment under this Agreement, he shall be under no obligation to seek other employment or otherwise in any way to mitigate the amount of any payment provided for in this Paragraph 5, and there shall be no offset against amounts due him under this Agreement on account of any remuneration attributable to any subsequent employment that he may obtain.

Appears in 16 contracts

Samples: Employment Agreement (Mfa Financial, Inc.), Employment Agreement (Mfa Financial, Inc.), Employment Agreement (Mfa Financial, Inc.)

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No Mitigation; No Offset. In the event of any termination of the Executive's ’s employment under this Agreement, he shall be under no obligation to seek other employment or otherwise in any way to mitigate the amount of any payment provided for in this Paragraph Section 5, and there shall be no offset against amounts due him under this Agreement on account of any remuneration attributable to any subsequent employment that he may obtain.

Appears in 13 contracts

Samples: Employment Agreement (Mfa Financial, Inc.), Employment Agreement (Mfa Financial, Inc.), Employment Agreement (Mfa Financial, Inc.)

No Mitigation; No Offset. In the event of any termination of the Executive's ’s employment under this Agreement, he shall be under no obligation to seek other employment or otherwise in any way to mitigate the amount of any payment provided for in this Paragraph 5, and there shall be no offset against amounts due him under this Agreement on account of any remuneration attributable to any subsequent employment that he may obtain.

Appears in 10 contracts

Samples: Employment Agreement (Mfa Financial, Inc.), Employment Agreement (Mfa Mortgage Investments), Employment Agreement (Mfa Mortgage Investments)

No Mitigation; No Offset. In the event of any termination of Executive’s employment with the Executive's employment under this AgreementCompany, he shall will be under no obligation to seek other employment or otherwise in any way to mitigate the amount of any payment or benefit provided for in this Paragraph Section 5, and there shall will be no offset against amounts due him under this Agreement on account of any remuneration attributable to any subsequent employment that he may obtain.

Appears in 6 contracts

Samples: Employment Agreement (Chimera Investment Corp), Employment Agreement (Chimera Investment Corp), Employment Agreement (Chimera Investment Corp)

No Mitigation; No Offset. In the event of any termination of the Executive's employment under this the Agreement, he shall be under no obligation to seek other employment or otherwise in any way to mitigate the amount of any payment provided for in this Paragraph 5employment, and there shall be no offset against amounts due him under this the Agreement on account of any remuneration attributable to any subsequent employment that he may obtain.

Appears in 4 contracts

Samples: Employment Agreement (Players International Inc /Nv/), Employment Agreement (Players International Inc /Nv/), Agreement (Players International Inc /Nv/)

No Mitigation; No Offset. In the event of any termination of the Executive's ’s employment under this Agreement, he shall will be under no obligation to seek other employment or otherwise in any way to mitigate the amount of any payment provided for in this Paragraph Section 5, and there shall will be no offset against amounts due him under this Agreement on account of any remuneration attributable to any subsequent employment that he may obtain.

Appears in 3 contracts

Samples: Employment Agreement (Chimera Investment Corp), Employment Agreement (Chimera Investment Corp), Employment Agreement (Oregon Steel Mills Inc)

No Mitigation; No Offset. In the event of any termination of Executive’s employment with the Executive's employment under this AgreementCompany, he shall will be under no obligation to seek other employment or otherwise in any way to mitigate the amount of any payment or benefit provided for in this Paragraph Section 5, and there shall will be no offset against amounts due him under this Agreement on account of any remuneration attributable to any subsequent employment that he may obtain.. Exhibit 10.3

Appears in 1 contract

Samples: Employment Agreement (Chimera Investment Corp)

No Mitigation; No Offset. In the event of any termination of Executive’s employment with the Executive's employment under this AgreementCompany, he shall will be under no obligation to seek other employment or otherwise in any way to mitigate the amount of any payment or benefit provided for in this Paragraph Section 5, and there shall will be no offset against amounts due him under this Agreement on account of any remuneration attributable to any subsequent employment that he may obtain.. Exhibit 10.2

Appears in 1 contract

Samples: Employment Agreement (Chimera Investment Corp)

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No Mitigation; No Offset. In the event of any termination of the Executive's employment under this Agreement, he shall will be under no obligation to seek other employment or otherwise in any way to mitigate the amount of any payment provided for in this Paragraph Section 5, and there shall will be no offset against amounts due him under this Agreement on account of any remuneration attributable to any subsequent employment that he may obtain.

Appears in 1 contract

Samples: Oregon Steel Mills Employment Agreement (New Cf&i Inc)

No Mitigation; No Offset. In the event of any termination of his employment hereunder, the Executive's employment under this Agreement, he Executive shall not be under no obligation to seek other employment or otherwise in any way required to mitigate the amount of any payment or benefit provided for in this Paragraph 5Agreement by seeking other employment or otherwise and, and there except as set forth expressly under the proviso in Subsection 5(f), no such payment or benefit shall be no offset against amounts due him under this Agreement on account or reduced by the amount of any remuneration attributable compensation or benefit provided to the Executive in any subsequent employment that he may obtainemployment.

Appears in 1 contract

Samples: Share Option Agreement (Reign Sapphire Corp)

No Mitigation; No Offset. In the event of any termination of Executive’s employment with the Executive's employment under this AgreementCompany, he shall will be under no obligation to seek other employment or otherwise in any way to mitigate the amount of any payment or benefit provided for in this Paragraph Section 5, and there shall will be no offset against amounts due him under this Agreement on account of any remuneration attributable to any subsequent employment that he may obtain.. Exhibit 10.5

Appears in 1 contract

Samples: Employment Agreement (Chimera Investment Corp)

No Mitigation; No Offset. In the event of any termination of Executive’s employment with the Executive's employment under this AgreementCompany, he shall will be under no obligation to seek other employment or otherwise in any way to mitigate the amount of any payment or benefit provided for in this Paragraph Section 5, and there shall will be no offset against amounts due him under this Agreement on account of any remuneration attributable to any subsequent employment that he may obtain.. Exhibit 10.4

Appears in 1 contract

Samples: Employment Agreement (Chimera Investment Corp)

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