Common use of No Mitigation or Offset Clause in Contracts

No Mitigation or Offset. The Executive will not be required to mitigate the amount of any payment provided for in this Agreement by seeking employment or otherwise; nor will any amounts or benefits payable or provided hereunder be reduced in the event he does secure employment, except as otherwise provided herein.

Appears in 12 contracts

Samples: Release Agreement (First Priority Financial Corp.), Employment Agreement (Main Street Bancorp Inc), Employment Agreement (Main Street Bancorp Inc)

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No Mitigation or Offset. The Executive will not be required to mitigate the amount of any payment provided for in this Agreement by seeking employment or otherwise; nor will any amounts or benefits payable or provided hereunder be reduced in the event he does not secure employment, except as otherwise provided herein.

Appears in 6 contracts

Samples: Employment Agreement (Sterling Financial Corp /Pa/), Employment Agreement (Sterling Financial Corp /Pa/), Employment Agreement (Sterling Financial Corp /Pa/)

No Mitigation or Offset. The Executive will not be required to mitigate the amount of any payment provided for in this Agreement by seeking employment or otherwise; nor will any amounts or benefits payable or provided hereunder be reduced in the event he does secure employment, except as may otherwise be provided herein.

Appears in 5 contracts

Samples: Agreement (Medifast Inc), Agreement (Medifast Inc), Agreement (Medifast Inc)

No Mitigation or Offset. The Executive will not be required to mitigate the amount of any payment provided for in this Agreement by seeking employment or otherwise; nor will any amounts or benefits payable or provided hereunder be reduced in the event he does secure employment, except as otherwise provided herein.

Appears in 5 contracts

Samples: Change in Control Agreement (First Priority Financial Corp.), Change in Control Agreement (First Priority Financial Corp.), Change in Control Agreement (First Priority Financial Corp.)

No Mitigation or Offset. The Executive will shall not be required to mitigate the amount of any payment or benefit provided for in this Agreement by seeking employment or otherwise; nor will shall any amounts or benefits payable or provided hereunder be reduced in the event he does secure employment, except as otherwise provided herein.

Appears in 4 contracts

Samples: Employment Agreement (Codorus Valley Bancorp Inc), Employment Agreement (Codorus Valley Bancorp Inc), Employment Agreement (Codorus Valley Bancorp Inc)

No Mitigation or Offset. The (i) Except as otherwise provided in this Agreement, the Executive will shall not be required to mitigate the amount of any payment provided for in this Agreement by seeking other employment or otherwise; , nor will shall the amount of any amounts or benefits payable or payment provided hereunder for herein be reduced in by any compensation earned by the event he does secure employment, except Executive as otherwise provided hereinthe result of employment by another employer.

Appears in 4 contracts

Samples: Change in Control Severance Agreement (Peerless Systems Corp), Change of Control Severance Agreement (Datalink Corp), Control Severance Agreement (Peerless Systems Corp)

No Mitigation or Offset. The Executive will shall not be required to mitigate the amount of any payment or benefit provided for in this Agreement by seeking employment or otherwise; nor will any . No amounts or benefits payable or to be provided hereunder to the Executive under this Agreement shall be reduced in by or offset against any other amounts paid or payable to, or received or to be received, by the event he does secure employmentExecutive from any source, except as otherwise provided hereinincluding without limitation another employer.

Appears in 3 contracts

Samples: Employment Agreement (First Liberty Bank Corp), Employment Agreement (First Liberty Bank Corp), Employment Agreement (First Liberty Bank Corp)

No Mitigation or Offset. The Executive will not be required to mitigate the amount of any payment provided for in this Agreement by seeking employment or otherwise; nor will any amounts or benefits payable or provided hereunder be reduced in the event he he/she does secure employment, except as otherwise provided herein.

Appears in 3 contracts

Samples: Change in Control Agreement (Sterling Financial Corp /Pa/), Change in Control Agreement (Sterling Financial Corp /Pa/), Change in Control Agreement (Sterling Financial Corp /Pa/)

No Mitigation or Offset. The Executive will shall not be required to mitigate the amount of any payment provided for in this Agreement by seeking employment or otherwise; nor will shall any amounts or benefits payable or provided hereunder be reduced in the event he does secure employment, except as otherwise provided herein.

Appears in 3 contracts

Samples: Employment Agreement (Harleysville National Corp), Agreement (Sidhu Special Purpose Capital Corp.), Agreement (Sovereign Bancorp Inc)

No Mitigation or Offset. The Executive will not be required to mitigate the amount of any payment provided for in this Agreement by seeking employment or otherwise; nor will any amounts or benefits payable or provided hereunder be reduced in the event he does not secure employment, except as otherwise provided herein.

Appears in 3 contracts

Samples: Employment Agreement (Victory Capital Holdings, Inc.), Employment Agreement (Acnb Corp), Employment Agreement (Acnb Corp)

No Mitigation or Offset. The Executive will shall not be required to mitigate the amount of any payment or benefit provided for in this Agreement by seeking employment or otherwise; nor will shall any amounts or benefits payable or provided hereunder be reduced in the event he does secure employment, except as may otherwise be provided herein.

Appears in 2 contracts

Samples: Employment Agreement (Peoples First Inc), Employment Agreement (Peoples First Inc)

No Mitigation or Offset. The Executive will shall not be required to mitigate the amount of any payment provided for in this Agreement by seeking employment or otherwise; nor will shall any amounts or benefits payable or provided hereunder be reduced in the event he does secure employment, except as otherwise provided herein.

Appears in 2 contracts

Samples: Release Agreement (Eastern Insurance Holdings, Inc.), Release Agreement (Eastern Insurance Holdings, Inc.)

No Mitigation or Offset. The Executive will shall not be required to mitigate the amount of any payment provided for in this Agreement by seeking employment or otherwise; nor will shall any amounts or benefits payable or provided hereunder be reduced in the event he Executive does secure employment, except as otherwise provided herein.

Appears in 1 contract

Samples: Employment Agreement (Acnb Corp)

No Mitigation or Offset. The Executive will shall not be required to mitigate the amount of any payment or benefit provided for in this Agreement by seeking employment or otherwise; nor will shall any amounts amount or benefits benefit payable or provided hereunder be reduced in the event he does secure employment, except as otherwise provided herein.

Appears in 1 contract

Samples: Employment Agreement (Sterling Banks, Inc.)

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No Mitigation or Offset. The Executive will not be required to mitigate the amount of any payment provided for in section 2(c) or section 4 of this Agreement by seeking employment or otherwise; nor will any amounts or benefits payable or provided hereunder thereunder be reduced in the event he Executive does secure employment, except as otherwise provided herein.

Appears in 1 contract

Samples: Employment Agreement (Sterling Financial Corp /Pa/)

No Mitigation or Offset. The Executive will not be required to mitigate the amount of any payment provided for in this Agreement by seeking employment or otherwise; nor will any amounts or benefits payable or provided hereunder be reduced in the event he does not secure employment, except as otherwise provided herein.. EXHIBIT 10.10 EXECUTION COPY 02/28/02

Appears in 1 contract

Samples: Employment Agreement (Sterling Financial Corp /Pa/)

No Mitigation or Offset. The Executive will shall not be required to mitigate the amount of any payment or benefit provided for in this Agreement by seeking employment or otherwise; nor will shall any amounts or benefits payable or provided hereunder be reduced in the event he or she does secure employment, except as otherwise provided herein.

Appears in 1 contract

Samples: Change in Control Agreement (Sovereign Bancorp Inc)

No Mitigation or Offset. The Executive will not be required to ----------------------- mitigate the amount of any payment provided for in this Agreement by seeking employment or otherwise; nor will any amounts or benefits payable or provided hereunder be reduced in the event he does secure employment, except as otherwise provided herein.

Appears in 1 contract

Samples: Employment Agreement (Main Street Bancorp Inc)

No Mitigation or Offset. The Executive will shall not be required to mitigate the amount of any payment provided for in this Agreement by seeking employment or otherwise; nor will shall any amounts or benefits payable or provided hereunder be reduced in the event he she does secure employment, except as otherwise provided herein.. SE Employment Contract f 10

Appears in 1 contract

Samples: Employment Agreement (Eastern Insurance Holdings, Inc.)

No Mitigation or Offset. The Executive will shall not be required to mitigate the amount of any payment provided for in this Agreement by seeking employment or otherwise; nor will shall any amounts or benefits payable or provided hereunder be reduced in the event he she does secure employment, except as otherwise provided herein.

Appears in 1 contract

Samples: Release Agreement (Eastern Insurance Holdings, Inc.)

No Mitigation or Offset. The Executive will not be required to mitigate the amount of any payment provided for in this Agreement by seeking employment or otherwise; nor will any amounts or benefits payable or provided hereunder be reduced in the event he does not secure employment, except as otherwise provided hereinin this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Sterling Financial Corp /Pa/)

No Mitigation or Offset. The Executive will shall not be required to mitigate the amount of any payment provided for in this Agreement by seeking employment or otherwise; nor will shall any amounts or benefits payable or provided hereunder be reduced in the event he does secure employment, except as otherwise provided herein.. RG Employment Contract f 10

Appears in 1 contract

Samples: Employment Agreement (Eastern Insurance Holdings, Inc.)

No Mitigation or Offset. The Executive will shall not be required to mitigate the amount of any payment or benefit provided for in this Agreement by seeking employment or otherwise; nor will shall any amounts or benefits payable or provided hereunder be reduced in the event he he/she does secure employment, except as otherwise provided herein.

Appears in 1 contract

Samples: Change in Control Agreement (Sovereign Bancorp Inc)

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