Common use of No Mitigation of Damages Clause in Contracts

No Mitigation of Damages. In the event that Executive’s employment with the Bank is terminated by the Bank without Cause or is terminated by Executive for Good Reason or upon a Change in Control, Executive shall not be required to mitigate his damages.

Appears in 2 contracts

Samples: Employment Agreement (Commercial National Financial Corp /Pa), Employment Agreement (Commercial National Financial Corp /Pa)

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No Mitigation of Damages. In the event that Executive’s 's employment with the Bank is terminated by the Bank without Cause or is terminated by Executive for Good Reason or upon a Change in Control, Executive shall not be required to mitigate his damages.

Appears in 2 contracts

Samples: Employment Agreement (Commercial National Financial Corp /Pa), Amended and Restated Employment Agreement (Commercial National Financial Corp /Pa)

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No Mitigation of Damages. In the event that Executive’s 's employment with the Bank Company is terminated by the Bank Company without Cause or is terminated by Executive for Good Reason or upon a Change in ControlReason, Executive shall not be required to mitigate his damages.

Appears in 1 contract

Samples: Employment Agreement (Ubics Inc)

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