Common use of No Mitigation Clause in Contracts

No Mitigation. In the event of any termination of employment hereunder, Executive shall be under no obligation to seek other employment, and there shall be no offset against any amounts due Executive under this Agreement on account of any remuneration attributable to any subsequent employment that Executive may obtain.

Appears in 14 contracts

Samples: Employment Agreement, Employment Agreement (Waste Management Inc), Employment Agreement (Waste Management Inc)

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No Mitigation. In the event of any Executive's resignation or termination of the Executive's employment hereunderunder Section 7, the Executive shall be under no obligation to seek other employment, employment and there shall be no offset against any amounts due the Executive under this Agreement on account of any remuneration attributable to any subsequent employment that the Executive may obtain.

Appears in 12 contracts

Samples: Employment Agreement (Accredo Health Inc), Employment Agreement (Accredo Health Inc), Employment Agreement (Accredo Health Inc)

No Mitigation. In the event of any termination of employment hereunder, Executive shall be under no obligation to seek other employmentemployment after his termination of employment with the Company and the obligations of the Company to Executive which arise upon the termination of his employment pursuant to this paragraph 4 shall not be subject to mitigation or offset by any compensation, and there shall be no offset against any amounts due income or benefits earned by, or provided to, Executive under this Agreement on account during the applicable severance payment period other than as provided in the case of any remuneration attributable to any subsequent Benefits if Executive accepts other employment that Executive may obtainduring such period.

Appears in 12 contracts

Samples: Employment Agreement (Jason Industries, Inc.), Employment Agreement (Jason Industries, Inc.), Employment Agreement (Jason Industries, Inc.)

No Mitigation. In the event of any termination of employment hereunder, The Executive shall be under no obligation to seek other employmentemployment following a termination of his employment with the Company or any subsidiary for any reason. In addition, and there shall be no offset against any amounts due to the Executive under this Agreement Article 5 or otherwise on account of any remuneration compensation attributable to any subsequent employment that Executive may obtainemployment.

Appears in 7 contracts

Samples: Employment Agreement (Marsh & McLennan Companies, Inc.), Employment Agreement (Marsh & McLennan Companies, Inc.), Employment Agreement (Marsh & McLennan Companies, Inc.)

No Mitigation. NO OFFSET. In the event of any termination of Executive's employment hereunderunder this Agreement, Executive shall be under no obligation to seek other employment, and there shall be no offset against any amounts due Executive under this Agreement on account of any remuneration attributable to any subsequent employment that Executive may obtain.

Appears in 7 contracts

Samples: Founder's Employment Agreement (AMERICAS ENERGY Co - AECO), Employment Agreement (Repipeline Com Inc), Employment Agreement (Iron Mountain Inc/Pa)

No Mitigation. In the event of any termination of employment hereunderby the Company without Cause, by the Executive for Good Reason, the Executive shall be under no obligation to seek other employment, or otherwise engage in mitigating activity, following the date of termination, and there shall be no offset against any amounts due the Executive under this Agreement on account of any remuneration attributable to any subsequent employment that Executive he may obtain.

Appears in 7 contracts

Samples: Employment Agreement (Medxlink Corp), Employment Agreement (Medxlink Corp), Employment Agreement (Online Holdings Inc)

No Mitigation. In the event of any Executive's resignation or termination of the Executive's employment hereunderunder Section 6, the Executive shall be under no obligation to seek other employment, employment and there shall be no offset against any amounts due the Executive under this Agreement on account of any remuneration attributable to any subsequent employment that the Executive may obtain.

Appears in 7 contracts

Samples: Employment Agreement (Accredo Health Inc), Employment Agreement (Accredo Health Inc), Employment Agreement (Accredo Health Inc)

No Mitigation. In the event of Following any termination of the Executive’s employment hereunder, the Executive shall not be under no obligation obligated to seek other employmentemployment or take any other action by way of mitigation of the amounts payable to the Executive under any of the provisions of his Agreement, and there such amounts shall not be no offset against any amounts due reduced whether or not the Executive under this Agreement on account of any remuneration attributable to any subsequent employment that Executive may obtainobtains other employment.

Appears in 6 contracts

Samples: Employment Agreement (Convergys Corp), Employment Agreement (Stream Global Services, Inc.), Employment Agreement (Stream Global Services, Inc.)

No Mitigation. In the event of any termination of employment hereunderby the Company without Cause, or by the Executive for Good Reason, the Executive shall be under no obligation to seek other employment, or otherwise engage in mitigating activity, following the date of termination, and there shall be no offset against any amounts due the Executive under this Agreement on account of any remuneration attributable to any subsequent employment that Executive he may obtain.

Appears in 4 contracts

Samples: Employment Agreement (Online Holdings Inc), Employment Agreement (Online Holdings Inc), Employment Agreement (Online Holdings Inc)

No Mitigation. In the event of any termination of Executive’s employment hereunderunder this Agreement, Executive shall be under no obligation to seek other employmentemployment or otherwise mitigate the obligations of the Company or the OP under this Agreement, and there shall be no offset against any amounts due Executive under this Agreement or otherwise on account of any remuneration attributable to any subsequent employment that or other benefit earned or received by Executive may obtainafter such termination.

Appears in 3 contracts

Samples: Executive Employment Agreement (Chambers Street Properties), Executive Employment Agreement (Chambers Street Properties), Executive Employment Agreement (Chambers Street Properties)

No Mitigation. In the event of any termination of employment hereunderunder this Section 5, Executive shall be under no obligation to seek other employment, and there shall be no offset against any amounts due to Executive under this Agreement on account of any remuneration attributable to any subsequent employment (including any self-employment) that Executive he may obtain.

Appears in 3 contracts

Samples: Executive Employment Agreement (Select Media Communications Inc), Employment Agreement (Select Media Communications Inc), Executive Employment Agreement (Select Media Communications Inc)

No Mitigation. In the event of any termination of employment hereunderemployment, the Executive shall will be under no obligation to seek other employment, and there shall will be no offset against any amounts due Executive under this Agreement him on account of any remuneration attributable to any subsequent employer or claims asserted by the Company; provided, however, continuing benefit coverage will cease in the event the Executive commences subsequent employment that Executive may obtainwhich provides benefit coverage.

Appears in 3 contracts

Samples: Employment Agreement (Cdsi Holdings Inc), Employment Agreement (Cdsi Holdings Inc), Employment Agreement (Cdsi Holdings Inc)

No Mitigation. In the event of any termination of the employment hereunderof the Executive hereunder prior to the end of the Term, the Executive shall be under no obligation to seek other employment, and there shall be no offset against any amounts due Executive under this Agreement him on account of any remuneration attributable to any subsequent employment that Executive he may obtain.

Appears in 3 contracts

Samples: Executive Compensation Agreement (PharmaCyte Biotech, Inc.), Executive Compensation Agreement (PharmaCyte Biotech, Inc.), Executive Compensation Agreement (PharmaCyte Biotech, Inc.)

No Mitigation. No Offset. In the event of any termination of employment hereunderunder this Section 4, the Executive shall be under no obligation to seek other employment, employment and there shall be no offset against any amounts due the Executive under this Agreement on account of any remuneration attributable to any subsequent employment that Executive he may obtain.

Appears in 3 contracts

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

No Mitigation. In the event of any termination of the Executive's employment hereunderunder Section 7(a)(iv) or (v), the Executive shall be under no obligation to seek other employment, employment and there shall be no offset against any amounts due the Executive under this Agreement on account of any remuneration attributable to any subsequent employment that the Executive may obtain.

Appears in 3 contracts

Samples: Employment Agreement (Acreedo Health Inc), Employment Agreement (Acreedo Health Inc), Employment Agreement (Acreedo Health Inc)

No Mitigation. In the event of any termination of Executive’s employment hereunderhereunder by the Company for reasons other than cause, Executive shall be under no obligation to seek other employment, nor shall he be prohibited from pursuing other employment and there shall be no offset against any amounts due the Executive under this Agreement on account of any remuneration attributable to any subsequent employment that Executive may obtain.

Appears in 3 contracts

Samples: Employment Agreement (News Corp), Employment Agreement (News Corp), Employment Agreement (News Corp)

No Mitigation. In the event of any termination of the Executive’s employment hereunderunder this Section 4, the Executive shall be under no obligation to seek other employment, and there shall be no offset against any amounts due Executive payable under this Agreement on account of any remuneration attributable to any subsequent employment that shall be reduced by mitigation whether or not the Executive may obtainobtains other employment.

Appears in 2 contracts

Samples: Employment Agreement (Intelsat LTD), Employment Agreement (Intelsat LTD)

No Mitigation. No Offset. In the event of any termination of employment hereunderunder this Section 12, the Executive shall be under no obligation to seek other employment, employment and there shall be no offset against any amounts due the Executive under this Agreement on account of any remuneration attributable to any subsequent employment that Executive he may obtainobtain except as specifically provided in this Section 12.

Appears in 2 contracts

Samples: Employment Agreement (Nabors Industries Inc), Employment Agreement (Nabors Industries Inc)

No Mitigation. In the event of any termination of employment hereunderemployment, Executive shall be under no obligation to seek other employment, employment and there shall be no offset against any amounts due Executive under this the Agreement on account of any remuneration attributable to any subsequent employment that Executive may obtain.

Appears in 2 contracts

Samples: Executive Employment Agreement (Homeaway Inc), Executive Employment Agreement (CreditCards.com, Inc.)

No Mitigation. In the event of Following any termination of the Executive’s employment hereunder, the Executive shall not be under no obligation obligated to seek other employmentemployment or take any other action by way of mitigation of the amounts payable to the Executive under any of the provisions of this Agreement, and there such amounts shall not be no offset against any amounts due reduced whether or not the Executive under this Agreement on account of any remuneration attributable to any subsequent employment that Executive may obtainobtains other employment.

Appears in 2 contracts

Samples: Employment Agreement (Stream Global Services, Inc.), Employment Agreement (Global BPO Services Corp)

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No Mitigation. In the event of any termination of employment hereunderemployment, the Executive shall be under no obligation to seek other employment, employment and there shall be no offset against any amounts due Executive him under this the Agreement on account of any remuneration attributable to any subsequent employment that Executive he may obtain.

Appears in 2 contracts

Samples: Employment Agreement (Playboy Com Inc), Employment Agreement (Viking Systems Inc)

No Mitigation. In the event of any Executive’s resignation or termination of Executive’s employment hereunder, Executive shall be under have no obligation to seek other employment, employment or otherwise mitigate damages and there shall be no offset against any amounts due Executive under this Agreement on account of for any remuneration attributable to any subsequent employment that the Executive may obtain.

Appears in 1 contract

Samples: Executive Employment Agreement (Priority Healthcare Corp)

No Mitigation. In the event of any termination of the Executive’s employment hereunderunder this Section 4, the Executive shall be under no obligation to seek other employment, and there shall be no offset against any amounts due Executive payable under this Agreement on account of any remuneration attributable to any subsequent employment that shall be reduced by mitigation whether or not the Executive may obtainobtains other employment.

Appears in 1 contract

Samples: Employment Agreement (Intelsat LTD)

No Mitigation. In the event of any the termination of Executive's employment hereunderfor any reason, Executive he shall be under no obligation to seek other employment, employment and there shall be no offset against any amounts due the Executive under this Agreement hereunder on account of any remuneration attributable to the Executive may obtain from any subsequent employment that Executive may obtainemployment.

Appears in 1 contract

Samples: Employment Agreement (K2 Design Inc)

No Mitigation. In the event of any termination of the Executive's employment hereunder, the Executive shall be under no obligation to seek other employment, employment and there shall be no offset against any amounts due the Executive under this Agreement on account of any remuneration attributable to any subsequent employment that the Executive may obtain. Any amounts payable hereunder shall be paid without setoff or counterclaim.

Appears in 1 contract

Samples: Employment Agreement (Delias Corp)

No Mitigation. In the event of any termination of employment hereunder, Executive shall be under no obligation to seek other employmentemployment after her termination of employment with the Company and the obligations of the Company to Executive which arise upon the termination of her employment pursuant to this paragraph 4 shall not be subject to mitigation or offset by any compensation, and there shall be no offset against any amounts due income or benefits earned by, or provided to, Executive under this Agreement on account during the applicable severance payment period other than as provided in the case of any remuneration attributable to any subsequent Benefits if Executive accepts other employment that Executive may obtainduring such period.

Appears in 1 contract

Samples: Employment Agreement (Jason Industries, Inc.)

No Mitigation. In the event of any termination of the Executive's employment hereunderunder Section 7(a) (iv) or (v), the Executive shall be under no obligation to seek other employment, employment and there shall be no offset against any amounts due the Executive under this Agreement on account of any remuneration attributable to any subsequent employment that the Executive may obtain.

Appears in 1 contract

Samples: Employment Agreement (Acreedo Health Inc)

No Mitigation. In the event of any termination of the employment hereunderof Executive to which this Section 2 applies, Executive shall be under have no obligation to seek other employment, employment in mitigation of damages; and there no compensation received by Executive from other employment or other sources shall be no offset against any considered as a mitigation of amounts due owing to Executive under this Agreement on account of any remuneration attributable to any subsequent employment that Executive may obtainhereunder.

Appears in 1 contract

Samples: Change of Control Agreement (Wherehouse Entertainment Inc)

No Mitigation. In the event of Following any termination of the Executive’s employment hereunder, the Executive shall not be under no obligation obligated to seek other employmentemployment or take any other action by way of mitigation of the amounts payable to the Executive under any of the provisions of her Agreement, and there such amounts shall not be no offset against any amounts due reduced whether or not the Executive under this Agreement on account of any remuneration attributable to any subsequent employment that Executive may obtainobtains other employment.

Appears in 1 contract

Samples: Employment Agreement (Global BPO Services Corp)

No Mitigation. No Offset. In the event of any termination of employment hereunderunder this Section 7.10, the Executive shall be under no obligation to seek other employment, employment and there shall be no offset against any amounts due the Executive under this Agreement on account of any claims asserted by the Company or any remuneration attributable to any subsequent employment that Executive he may obtain.

Appears in 1 contract

Samples: Employment Agreement (Ydi Wireless Inc)

No Mitigation. In Following the event of any termination of Executive's employment hereunder, Executive shall not be under no obligation obligated to seek other employment, and there shall be no offset against employment or take any other action by way of mitigation of the amounts due payable to Executive under this Agreement on account of any remuneration attributable to any subsequent employment that Executive may obtainSection 12.

Appears in 1 contract

Samples: Employment Agreement (Proffitts Inc)

No Mitigation. In the event of the Executive's employment is terminated for any termination of employment hereunderreason whatever, the Executive shall be under no obligation to seek other employment, and there shall be no offset against any amounts due Executive under this Agreement on account of any remuneration attributable to any subsequent employment that Executive may obtain.and

Appears in 1 contract

Samples: Employment Agreement (Nahc Inc)

No Mitigation. In the event of Following any termination of employment hereunderemployment, Executive shall be under no obligation to seek other employment, employment with respect to any of his rights or benefits arising under this Agreement and there shall be no offset against any the amounts due Executive under this Agreement hereunder on account of any remuneration attributable to or benefits provided by any subsequent employment that Executive he may obtain.

Appears in 1 contract

Samples: Special Bonus and Option Agreement (Toys R Us Inc)

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