Common use of No Obligation to Mitigate Damages; No Offset Clause in Contracts

No Obligation to Mitigate Damages; No Offset. The Executive shall not be required to mitigate damages or the amount of any payment provided for under this Agreement by seeking other employment or otherwise. No amounts paid to or earned by Executive following his termination of employment with the Company shall reduce or be set off against any amounts payable to Executive under this Agreement.

Appears in 3 contracts

Samples: Employment Agreement (Hertz Corp), Employment Agreement (Hertz Global Holdings Inc), Employment Agreement (Wyeth)

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No Obligation to Mitigate Damages; No Offset. The Executive shall not be required to mitigate damages or the amount of any payment provided for under this Agreement by seeking other employment or otherwise. No amounts paid to or earned by Executive following his termination of employment with the Company shall reduce or be set off against any amounts payable to Executive under this Agreement.

Appears in 2 contracts

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

No Obligation to Mitigate Damages; No Offset. The Executive shall not be required to mitigate damages or the amount of any payment provided for under this Agreement by seeking other employment or otherwise. No amounts paid to or earned by the Executive following his termination of employment with the Company shall reduce or be set off against any amounts payable to the Executive under this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Hertz Corp)

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No Obligation to Mitigate Damages; No Offset. The Executive shall not be required to mitigate damages or the amount of any payment provided for under this Amended and Restated Employment Agreement by seeking other employment or otherwise. No amounts paid to or earned by Executive following his her termination of employment with the Company shall reduce or be set off against any amounts payable to Executive under this Amended and Restated Employment Agreement.

Appears in 1 contract

Samples: Employment Agreement (Hertz Corp)

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