Common use of No Obligation to Mitigate Damages Clause in Contracts

No Obligation to Mitigate Damages. The Executive shall not be obligated to seek other employment in mitigation of amounts payable or arrangements made under the provisions of this Agreement and the obtaining of any such other employment shall in no event effect any reduction of the Company's obligations to make the payments and arrangements required to be made under this Agreement.

Appears in 5 contracts

Samples: Employment Agreement (Consumers Energy Co), Employment Agreement (Consumers Energy Co), Employment Agreement (CMS Energy Corp)

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No Obligation to Mitigate Damages. The Executive shall not be obligated to seek other employment in mitigation mitigating of amounts payable or arrangements made under the provisions of this Agreement and the obtaining of any such other employment shall in no event effect any reduction of the CompanyCorporation's obligations to make the payments and arrangements required to be made under this Agreement.

Appears in 4 contracts

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

No Obligation to Mitigate Damages. The Executive shall not be obligated to seek other employment in mitigation of amounts payable or arrangements made under the provisions of this Agreement and the obtaining of any such other employment shall in no event effect any reduction of the CompanyCorporation's obligations to make the payments and arrangements required to be made under this Agreement.

Appears in 4 contracts

Samples: Change in Control Employment Agreement (Tellabs Inc), Continuation Agreement (Universal Electronics Inc), Salary Continuation Agreement (Universal Electronics Inc)

No Obligation to Mitigate Damages. The Executive shall not be obligated to seek other employment in mitigation of amounts payable or arrangements made under the provisions of this Agreement and the obtaining of any such other employment shall in no event effect any reduction of the CompanyEmployer's obligations to make the payments and arrangements required to be made under this Agreement.

Appears in 3 contracts

Samples: Transitional Employment Agreement (Mb Financial Inc /Md), Transitional Employment Agreement (Midwest Banc Holdings Inc), Transitional Employment Agreement (Midwest Banc Holdings Inc)

No Obligation to Mitigate Damages. The Executive shall not be obligated to seek other employment in mitigation of amounts payable or arrangements made under the provisions of this Agreement and the obtaining of any such other employment shall in no event effect any reduction of the CompanyCorporation's obligations to make the payments and arrangements required to be made under this Agreement.

Appears in 2 contracts

Samples: Employment Agreement (Consumers Energy Co), Employment Agreement (CMS Energy Corp)

No Obligation to Mitigate Damages. The Executive shall not be obligated to seek other employment in mitigation of or otherwise take steps to mitigate or reduce the amounts payable or arrangements made provided for under the provisions of this Agreement Agreement, and the obtaining of any such other employment shall in no event effect not reduce any reduction of the Company's ’s obligations to make the payments and arrangements required to be made under this Agreement.

Appears in 2 contracts

Samples: Severance Agreement (Cracker Barrel Old Country Store, Inc), Change of Control Agreement (Cracker Barrel Old Country Store, Inc)

No Obligation to Mitigate Damages. The Executive shall not be obligated to seek other employment in mitigation of amounts payable or arrangements made under the provisions of this Agreement and the obtaining of any such other employment shall in no event effect any reduction of the Company's Corporation’s obligations to make the payments and arrangements required to be made under this Agreement.

Appears in 2 contracts

Samples: Executive Agreement (Tellabs Inc), Executive Agreement (Tellabs Inc)

No Obligation to Mitigate Damages. The Executive shall not be obligated to seek other employment in mitigation of amounts payable or arrangements made under the provisions of this Agreement and the obtaining of any such other employment shall in no event effect any reduction of the Company's Corporation’s obligations to make the payments and arrangements required to be made under this AgreementAgreement other than the obligation to provide medical and health benefits to the Executive.

Appears in 2 contracts

Samples: Change in Control Agreement (Spectrum Control Inc), Change in Control Agreement (Spectrum Control Inc)

No Obligation to Mitigate Damages. The Executive shall not be --------------------------------- obligated to seek other employment in mitigation of amounts payable or arrangements made under the provisions of this Agreement and the obtaining of any such other employment shall in no event effect any reduction of the CompanyEmployer's obligations to make the payments and arrangements required to be made under this Agreement.

Appears in 1 contract

Samples: Release and Severance Agreement (First Oak Brook Bancshares Inc)

No Obligation to Mitigate Damages. The Executive shall not be obligated required to seek mitigate damages or the amount of any payment provided for under this Agreement by seeking other employment in mitigation of amounts payable or arrangements made under the provisions of this Agreement and the obtaining of any such other employment shall in no event effect any reduction of the Company's obligations to make the payments and arrangements required to be made under this Agreementotherwise.

Appears in 1 contract

Samples: Employment Agreement (U S Vision Inc)

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No Obligation to Mitigate Damages. The Executive shall not be obligated to seek other employment in mitigation of amounts payable or arrangements made under the provisions of this Agreement and the obtaining of any such other employment shall in no event effect any reduction of the Company's Employer’s obligations to make the payments and arrangements required to be made under this Agreement.

Appears in 1 contract

Samples: Transitional Employment Agreement (Midwest Banc Holdings Inc)

No Obligation to Mitigate Damages. The Executive shall not be obligated to seek other employment in mitigation of amounts payable or arrangements made under the provisions of this Agreement and the obtaining of any such other employment shall in no event effect any reduction of the Company's obligations to make the payments and arrangements required to be made under this Agreement.an

Appears in 1 contract

Samples: Change in Control Employment Agreement (Tellabs Inc)

No Obligation to Mitigate Damages. The Executive shall not be obligated to seek other employment in mitigation of amounts payable or arrangements made under the provisions of this Agreement Agreement, and the obtaining of any such other employment shall in no event effect any reduction of the CompanyCorporation's obligations to make the payments and arrangements required to be made under this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Clarcor Inc)

No Obligation to Mitigate Damages. The Executive shall not be obligated to seek other employment in mitigation of amounts payable or arrangements made under the provisions of this Agreement and the obtaining of any such other employment shall in no event effect any reduction of the Company's Companies' obligations to make the payments and arrangements required to be made under this Agreement.

Appears in 1 contract

Samples: Employment Agreement (CMS Energy Corp)

No Obligation to Mitigate Damages. The Executive shall not be obligated to seek other employment in mitigation of amounts payable or arrangements made under the provisions of this Agreement and the obtaining of any such other employment shall in no event effect any reduction of the CompanyCorporation's obligations to make the payments and arrangements required to be made under this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Clarcor Inc)

No Obligation to Mitigate Damages. The Executive shall not be --------------------------------- obligated to seek other employment in mitigation of amounts payable or arrangements made under the provisions of this Agreement and the obtaining of any such other employment shall in no event effect any reduction of the CompanyEmployer's obligations to make the payments and arrangements required to be made under this Agreement. 9.

Appears in 1 contract

Samples: Transitional Employment Agreement (First Oak Brook Bancshares Inc)

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