Common use of No Obligation to Seek Other Employment Clause in Contracts

No Obligation to Seek Other Employment. If Mr./Ms. [Insert Name]’s employment with the Company terminates during the Term, Mr./Ms. [Insert Name] will not be required to seek other employment or to attempt in any way to reduce any amounts payable to Mr./Ms. [Insert Name] by the Company pursuant to this Agreement.

Appears in 2 contracts

Samples: Change in Control Agreement (Ferro Corp), Change in Control Agreement (Ferro Corp)

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