Common use of No Obligation to Mitigate Damages Clause in Contracts

No Obligation to Mitigate Damages. Executive shall not be required to mitigate damages or the amount of any payment provided for under this Agreement by seeking (and no payment otherwise required hereunder shall be reduced on account of) other employment or otherwise, nor will any payments hereunder be subject to offset in respect of any claims which the Company may have against Executive.

Appears in 24 contracts

Samples: Employment Agreement (Emcor Group Inc), Employment Agreement (Emcor Group Inc), Employment Agreement (Emcor Group Inc)

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No Obligation to Mitigate Damages. The Executive shall not be required to mitigate damages or the amount of any payment provided for under this Agreement by seeking (and no payment otherwise required hereunder shall be reduced on account of) other employment or otherwise, nor will any payments hereunder be subject to offset in respect shall the amount of any claims which the Company may have against Executive.payment provided for under this

Appears in 1 contract

Samples: Severance Compensation Agreement (Elek Tek Inc)

No Obligation to Mitigate Damages. The Executive shall not be required to mitigate damages or the amount of any payment provided for under this Agreement by seeking (and no payment otherwise required hereunder shall be reduced on account of) other employment or otherwise, nor will any payments hereunder be subject to offset in respect shall the amount of any claims which payment provided for under this Agreement be reduced by any compensation earned by the Company may have against ExecutiveExecutive as the result of employment by another employer after the Date of Termination, or otherwise.

Appears in 1 contract

Samples: Severance Compensation Agreement (Elek Tek Inc)

No Obligation to Mitigate Damages. Executive shall not be required to mitigate damages or the amount of any payment specifically provided for under this Agreement by seeking (and no payment otherwise required hereunder shall be reduced on account of) other employment or otherwise, nor will any payments hereunder be subject to offset in respect shall the amount of any claims which payment provided for under this Agreement be reduced by any compensation earned by Executive as the Company may have against Executiveresult of employment by another employer after the termination of his employment hereunder or otherwise.

Appears in 1 contract

Samples: Employment Agreement (Global Payment Technologies Inc)

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No Obligation to Mitigate Damages. The Executive shall not be required to mitigate damages or the amount of any payment provided for under this Agreement by seeking (and no payment otherwise required hereunder shall be reduced on account of) other employment or otherwise, nor will any payments hereunder be subject to offset in respect of any claims which the Company may have against Executive.

Appears in 1 contract

Samples: Employment Agreement (U S Vision Inc)

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