Common use of No Mitigation or Offset Clause in Contracts

No Mitigation or Offset. In the event of any termination of employment, the Executive shall be under no obligation to seek other employment. Amounts due the Executive under this Agreement shall not be offset by any remuneration attributable to any subsequent employment he may obtain.

Appears in 10 contracts

Samples: Change in Control Agreement (Myers Industries Inc), Severance Agreement (Myers Industries Inc), Severance Agreement (Myers Industries Inc)

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No Mitigation or Offset. In the event of any termination of employmentthe Executive’s employment for any reason, the Executive shall be under no obligation to seek other employment. Amounts employment and there shall be no offset against amounts due to the Executive under this Agreement shall not be offset by on account of any remuneration attributable to or benefits from any subsequent employment that he may obtain, except to the extent provided in Section 5.2(d).

Appears in 6 contracts

Samples: Employment Agreement (DLC Realty Trust, Inc.), Employment Agreement (DLC Realty Trust, Inc.), Employment Agreement (DLC Realty Trust, Inc.)

No Mitigation or Offset. In the event of any termination of employmentemployment under Section 4, the Executive shall be under no obligation to seek other employment. Amounts employment and there shall be no offset against amounts due the Executive under this Agreement shall not be offset by on account of any remuneration attributable to any subsequent employment that he may obtainobtain or other service that he may provide.

Appears in 4 contracts

Samples: Employment and Noncompetition Agreement (Blackbaud Inc), Employment and Noncompetition Agreement (Blackbaud Inc), Employment and Noncompetition Agreement (Blackbaud Inc)

No Mitigation or Offset. In the event of any termination of the Executive’s employment, the Executive shall will be under no obligation to seek other employment. Amounts due the Executive under employment and there will be no offset against any payment or benefit provided for in this Agreement shall not be offset by on account of any remuneration attributable to or benefits from any subsequent employment that he may obtain.

Appears in 3 contracts

Samples: Release Agreement (Ameriserv Financial Inc /Pa/), Employment Agreement (Mikros Systems Corp), Release Agreement (Ameriserv Financial Inc /Pa/)

No Mitigation or Offset. In the event of any termination of employmentExecutive’s employment for any reason, the Executive shall be under no obligation to seek other employment. Amounts employment and there shall be no offset against amounts due the Executive under this Agreement shall not be offset by to him on account of any remuneration attributable to or benefits from any subsequent employment that he may obtain.

Appears in 3 contracts

Samples: Executive Employment Agreement (DropCar, Inc.), Executive Employment Agreement (Alliqua, Inc.), Executive Employment Agreement (Alliqua, Inc.)

No Mitigation or Offset. In the event of any termination of employmentthe Executive’s employment for any reason, the Executive shall be under no obligation to seek other employment. Amounts employment and there shall be no offset against amounts due the Executive under this Agreement shall not be offset by to him on account of any remuneration attributable to or benefits from any subsequent employment that he may obtain.

Appears in 2 contracts

Samples: Employment Agreement (Bit Digital, Inc), Employment Agreement (Bit Digital, Inc)

No Mitigation or Offset. In the event of any termination of employmentthe Executive’s employment for any reason, the Executive shall be under no obligation to seek other employment. Amounts employment and there shall be no offset against amounts due the Executive under this Agreement shall not be offset by to her on account of any remuneration attributable to or benefits from any subsequent employment he that she may obtain.

Appears in 2 contracts

Samples: Employment Agreement (Childrens Place Retail Stores Inc), Employment Agreement (Childrens Place Retail Stores Inc)

No Mitigation or Offset. In the event of any termination of employmentExecutive's employment under this Agreement, the Executive shall be under no obligation to seek other employment. Amounts , and there shall be no offset against amounts due the Executive under this Agreement shall not be offset by on account of any remuneration attributable to any subsequent employment he that Executive may obtain.

Appears in 1 contract

Samples: Employment Agreement (Aclarion, Inc.)

No Mitigation or Offset. In the event of any termination of Executive’s employment, the Executive shall will be under no obligation to seek other employment. Amounts due the Executive under employment and there will be no offset against any payment or benefit provided for in this Agreement shall not be offset by on account of any remuneration attributable to or benefits from any subsequent employment that he may obtain.

Appears in 1 contract

Samples: Executive Employment Agreement (Penn Millers Holding Corp)

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No Mitigation or Offset. In the event of At any termination of the Executive’s employment, the Executive shall be under have no obligation to seek other employment. Amounts There shall be no offset against amounts due the Executive under this Agreement shall not be offset by on account of any remuneration attributable to any subsequent employment he later employment, consultancy, partnership, or other remunerative activity connected with the Executive. However, the Employer may obtainoffset any amounts owed by the Executive to the Employer or any of its subsidiaries or affiliates against amounts due to the Executive under this Agreement.

Appears in 1 contract

Samples: Employment Agreement (FX Real Estate & Entertainment Inc.)

No Mitigation or Offset. In the event of any termination of employment, the Executive shall be under no obligation to seek other employment. Amounts due the Executive under this Agreement shall not be offset by any remuneration attributable to any subsequent employment he the Executive may obtain.

Appears in 1 contract

Samples: Employment Agreement (Myers Industries Inc)

No Mitigation or Offset. In the event of any termination of employment, the Executive shall be under no obligation to seek other employment. Amounts due the Executive under this Agreement shall not be offset by any remuneration attributable to any subsequent employment he may obtain.. 10996058 v4

Appears in 1 contract

Samples: Change in Control Agreement (Myers Industries Inc)

No Mitigation or Offset. In the event of any termination of Executive’s employment, the Executive shall will be under no obligation to seek other employment. Amounts due the Executive under employment and there will be no offset against any payment or benefit provided for in this section or elsewhere in this Agreement shall not be offset by on account of any remuneration attributable to or benefits from any subsequent employment that he may obtain.

Appears in 1 contract

Samples: Agreement (Sovereign Bancorp Inc)

No Mitigation or Offset. In the event of any termination of employment, the Executive shall be under no obligation to seek other employment. Amounts Except as provided in Section 2(a)(i)(A) with respect to the Health Care Coverage, amounts due the Executive under this Agreement shall not be offset by any remuneration attributable to any subsequent employment he Executive may obtain.

Appears in 1 contract

Samples: Severance Agreement (Myers Industries Inc)

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