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 10 contracts

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

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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 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 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: Employment Agreement (New Cf&i Inc)

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