Common use of No Obligation to Mitigate Damages Clause in Contracts

No Obligation to Mitigate Damages. Employee shall not be required to mitigate damages or the amount of any payment provided for under this Agreement by seeking other employment or otherwise, nor shall the amount of any payment provided for under this Agreement be reduced by any compensation earned by Employee as a result of employment by another employer or by retirement benefits after the Date of Termination, or otherwise, except to the extent provided in Section 3 above.

Appears in 8 contracts

Samples: Employment Agreement (Watkins Johnson Co), Severance Agreement (Watkins Johnson Co), Severance Agreement (Watkins Johnson Co)

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No Obligation to Mitigate Damages. The Employee shall not be required to mitigate damages or the amount of any payment provided for under this Agreement by seeking other employment or otherwise, nor nor, except as provided in Sections 4.6(a) and 4.6(b), shall the amount of any payment or benefit provided for under this Agreement be reduced by any compensation earned by the Employee as a the result of employment by another employer or by retirement benefits after the Date of TerminationTermination Date, or otherwise, except to the extent provided in Section 3 above.

Appears in 7 contracts

Samples: Appendix Agreement (Timken Co), Severance Agreement (TimkenSteel Corp), Severance Agreement (Timken Co)

No Obligation to Mitigate Damages. The Employee shall not be required to mitigate damages or the amount of any payment provided for under this Agreement by seeking other employment or otherwise, nor shall the amount of any payment provided for under this Agreement be reduced by any compensation earned by the Employee as a result of employment by another employer or by retirement benefits or by other benefits, either before the date of this Agreement or after the Date date of Termination, or otherwise, except to termination of his employment with the extent provided in Section 3 aboveCompany under this Agreement.

Appears in 5 contracts

Samples: Employment Agreement (Campo Electronics Appliances & Computers Inc), Employment Agreement (Campo Electronics Appliances & Computers Inc), Employment Agreement (Campo Electronics Appliances & Computers Inc)

No Obligation to Mitigate Damages. Employee shall not be required to mitigate damages or the amount of any payment provided for under in this Agreement by seeking other employment or otherwise, nor shall the amount of any payment provided for under this Agreement be reduced by any compensation earned by Employee as a result of employment by another employer or by retirement benefits after the Date of Terminationbenefits, or otherwise, except to the extent provided in Section 3 above.

Appears in 4 contracts

Samples: Incentive Agreement (Tech Sym Corp), Incentive Agreement (Tech Sym Corp), Incentive Agreement (Tech Sym Corp)

No Obligation to Mitigate Damages. The Employee shall not be required to mitigate damages or the amount of any payment provided for under this Agreement by seeking other employment or otherwise, nor shall and, except as provided in Sections 4.6(a) and 4.6(b), the amount of any payment or benefit provided for under this Agreement shall not be reduced by any compensation earned by the Employee as a the result of employment by another employer or by retirement benefits after the Date of TerminationTermination Date, or otherwise, except to the extent provided in Section 3 above.. NAI-1509265674v6

Appears in 2 contracts

Samples: Severance Agreement (TimkenSteel Corp), Severance Agreement (TimkenSteel Corp)

No Obligation to Mitigate Damages. The Employee shall not be required to mitigate damages or the amount of any payment provided for under this Agreement by seeking other employment or otherwise, nor shall the amount of any payment provided for under this Agreement be reduced by any compensation earned by the Employee as a the result of employment by another employer or by retirement benefits after the Date of TerminationTermination Date, or otherwise, except to the extent provided in Section 3 above.

Appears in 1 contract

Samples: Severance Agreement (Timken Co)

No Obligation to Mitigate Damages. The Employee shall not be required to mitigate damages or the amount of any payment provided for under this Agreement by seeking other employment or otherwise, nor shall the amount of any payment provided for under this Agreement be reduced by any compensation earned by the Employee as a result of employment by another employer or by retirement benefits after the Date of Termination, or otherwise, except to the extent provided in Section 3 4 above.

Appears in 1 contract

Samples: Severance Agreement (Watkins Johnson Co)

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No Obligation to Mitigate Damages. The Employee shall not be required to mitigate damages or the amount of any payment provided for under this Agreement by seeking other employment or otherwise, nor nor, except as provided in Sections 4.5(a) and 4.5(b), shall the amount of any payment or benefit provided for under this Agreement be reduced by any compensation earned by the Employee as a the result of employment by another employer or by retirement benefits after the Date of TerminationTermination Date, or otherwise, except to the extent provided in Section 3 above.

Appears in 1 contract

Samples: Appendix Agreement (Timken Co)

No Obligation to Mitigate Damages. Employee shall not be required to mitigate damages or the amount of any payment provided for under this Agreement by seeking other employment or otherwise, nor shall the amount of any payment provided for under this Agreement be reduced by any compensation earned by Employee as a result of employment by another employer or by retirement benefits after the Date of Termination, or otherwise, except to the extent provided in Section 3 above.

Appears in 1 contract

Samples: Employment Agreement (Watkins Johnson Co)

No Obligation to Mitigate Damages. The Employee shall not be required to mitigate damages or the amount of any payment provided for under this Agreement by seeking other employment or otherwise, nor shall the . The amount of any payment provided for to the Employee under this Agreement shall not be reduced by any compensation earned by the Employee as a the result of employment by another employer or by retirement benefits after the Date termination of Termination, or otherwise, except to the extent provided in Section 3 aboveher Employment under this Agreement.

Appears in 1 contract

Samples: Employment Agreement (American Water Works Co Inc)

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