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 (CMS Energy Corp), 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 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), Change in Control and Salary 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 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 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 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 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)

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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 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 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 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)

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