Common use of No Mitigation; No Offset Clause in Contracts

No Mitigation; No Offset. The Executive shall not be required to mitigate the amount of any payment or benefit provided in this Section 10 by seeking other employment or otherwise. Further, except as provided in Section 10, the amount of any payment or benefits provided for in this Section 10 shall not be reduced by any compensation earned by the Executive as a result of employment by another employer.

Appears in 27 contracts

Samples: Employment Agreement (Viasys Healthcare Inc), Employment Agreement (Viasys Healthcare Inc), Employment Agreement (Viasys Healthcare Inc)

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No Mitigation; No Offset. The Executive shall not be required to mitigate the amount of any payment or benefit provided in this Section 10 by seeking other employment or otherwise. Further, except as provided in this Section 10, the amount of any payment or benefits provided for in this Section 10 shall not be reduced by any compensation earned by the Executive as a result of employment by another employeremployer or be offset by any amount claimed to be owed by the Executive to the Company.

Appears in 6 contracts

Samples: Employment Agreement (Viasys Healthcare Inc), Employment Agreement (Viasys Healthcare Inc), Employment Agreement (Viasys Healthcare Inc)

No Mitigation; No Offset. The Executive shall not be required to mitigate the amount of any payment or benefit provided in this Section 10 11 by seeking other employment or otherwise. Further, except as provided in this Section 1011, the amount of any payment or benefits provided for in this Section 10 11 shall not be reduced by any compensation earned by the Executive as a result of employment by another employeremployer or be offset by any amount claimed to be owed by the Executive to the Company.

Appears in 3 contracts

Samples: Employment Agreement (Viasys Healthcare Inc), Employment Agreement (Viasys Healthcare Inc), Employment Agreement (Viasys Healthcare Inc)

No Mitigation; No Offset. The Executive shall not be required to mitigate the amount of any payment or benefit provided in this Section 10 by seeking other employment or otherwise. Further, except as provided in Section 10Sections 10(b) (vi) and 10 (d) (ii), the amount of any payment or benefits provided for in this Section 10 shall not be reduced by any compensation earned by the Executive as a result of employment by another employeremployer or be offset by any amount claimed to be owed by the Executive to the Company.

Appears in 2 contracts

Samples: Employment Agreement (Thermo Electron Corp), Stock Option Agreement (Thermo Electron Corp)

No Mitigation; No Offset. The Executive shall not be required to mitigate the amount of any payment or benefit provided in this Section 10 by seeking other employment or otherwise. Further, except as provided in Section 10Sections 10(b)(vi) and 10(d)(vii), the amount of any payment or benefits provided for in this Section 10 shall not be reduced by any compensation earned by the Executive as a result of employment by another employeremployer or be offset by any amount claimed to be owed by the Executive to the Company.

Appears in 2 contracts

Samples: Employment Agreement (Thermo Electron Corp), Employment Agreement (Thermo Electron Corp)

No Mitigation; No Offset. The Executive shall not be required to mitigate the amount of any payment or benefit provided in this Section 10 or Section 11 by seeking other employment or otherwise. Further, except as provided in Sections 10(b)(vi), 10(d)(ii) and Section 1011(b), the amount of any payment or benefits provided for in this Section 10 or Section 11 shall not be reduced by any compensation earned by the Executive as a result of employment by another employeremployer or be offset by any amount claimed to be owed by the Executive to the Company.

Appears in 1 contract

Samples: Employment Agreement (Thermo Electron Corp)

No Mitigation; No Offset. The Executive shall not be required to mitigate the amount of any payment or benefit provided in this Section 10 12 by seeking other employment or otherwise. Further, except as provided in Section 10Sections 12(b)(v) and 12(d)(v), the amount of any payment or benefits provided for in this Section 10 12 shall not be reduced by any compensation earned eamed by the Executive as a result of employment by another employeremployer or be offset by any amount claimed to be owed by the Executive to the Company.

Appears in 1 contract

Samples: Employment Agreement (Viasys Healthcare Inc)

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No Mitigation; No Offset. The Executive shall not be required to mitigate the amount of any payment or benefit provided in this Section 10 11 or Section 12 by seeking other employment or otherwise. Further, except as provided in Sections 11(b)(vi), 11(d)(ii) and Section 1012(a), the amount of any payment or benefits provided for in this Section 10 11 or Section 12 shall not be reduced by any compensation earned by the Executive as a result of employment by another employeremployer or be offset by any amount claimed to be owed by the Executive to the Company.

Appears in 1 contract

Samples: Employment Agreement (Thermo Electron Corp)

No Mitigation; No Offset. The Executive shall not be required to mitigate the amount of any payment or benefit provided in this Section 10 12 by seeking other employment or otherwise. Further, except as provided in Section 10Sections 12(b)(v) and 12(d)(v), the amount of any payment or benefits provided for in this Section 10 12 shall not be reduced by any compensation earned by the Executive as a result of employment by another employeremployer or be offset by any amount claimed to be owed by the Executive to the Company.

Appears in 1 contract

Samples: Employment Agreement (Viasys Healthcare Inc)

No Mitigation; No Offset. The Executive shall not be required to mitigate the amount of any payment or benefit provided in this Section 10 or Section 11 by seeking other employment or otherwise. Further, except as provided in Sections 10(b)(vi), 10(d)(ii) and Section 1011(a), the amount of any payment or benefits provided for in this Section 10 or Section 11 shall not be reduced by any compensation earned by the Executive as a result of employment by another employeremployer or be offset by any amount claimed to be owed by the Executive to the Company.

Appears in 1 contract

Samples: Employment Agreement (Thermo Fisher Scientific Inc.)

No Mitigation; No Offset. The Executive shall not be required to mitigate the amount of any payment or benefit provided in this Section 10 13 by seeking other employment or otherwise. Further, except as provided in Section 10Sections 13(b) (viii) and 13(d) (viii), the amount of any payment or benefits provided for in this Section 10 13 shall not be reduced by any compensation earned by the Executive as a result of employment by another employeremployer or be offset by any amount claimed to be owed by the Executive to the Company.

Appears in 1 contract

Samples: Employment Agreement (Viasys Healthcare Inc)

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