Common use of No Mitigation Required Clause in Contracts

No Mitigation Required. In no event shall the Employee be obligated to seek other employment or take any other action by way of mitigation of the amounts payable to the Employee under any of the provisions of this Agreement and such amounts shall not be reduced whether or not the Employee obtains other employment.

Appears in 11 contracts

Samples: Change of Control Agreement (Grant Prideco Inc), Change of Control Agreement (Universal Compression Inc), Change of Control Agreement (Universal Compression Inc)

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No Mitigation Required. In no event shall the Employee be obligated to seek other employment or take any other action by way of mitigation of the amounts payable to the Employee under any of the provisions of this Agreement and and, except as provided in Section 3(a)(iii), such amounts shall not be reduced whether or not the Employee obtains other employment.

Appears in 2 contracts

Samples: Change of Control Severance Agreement (SM Energy Co), Change of Control Severance Agreement (SM Energy Co)

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No Mitigation Required. In no event shall the Employee be obligated to seek other employment or take any other action by way of mitigation of the amounts payable to the Employee under any of the provisions terms of this Agreement Agreement, and all such amounts shall not be reduced whether or not the Employee obtains other employment.

Appears in 1 contract

Samples: Change of Control Agreement (T-3 Energy Services Inc)

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