Common use of No Offset or Mitigation Clause in Contracts

No Offset or Mitigation. Except for such monies due and owing the Company, if Executive’s employment with the Company is terminated for any reason, the Company will have no right of offset, nor will Executive be under any duty or obligation to seek or accept alternative or substitute employment at any time after the effective date of such termination or otherwise mitigate any amounts payable by the Company to Executive.

Appears in 8 contracts

Samples: Interim Executive Agreement (Envestnet, Inc.), Executive Agreement (Envestnet, Inc.), Executive Agreement (Envestnet, Inc.)

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No Offset or Mitigation. Except for such monies due and owing to the Company, if Executive’s employment with the Company is terminated for any reason, the Company will have no right of offset, nor will Executive be under any duty or obligation to seek or accept alternative or substitute employment at any time after the effective date of such termination or otherwise mitigate any amounts payable by the Company to Executive.

Appears in 2 contracts

Samples: Severance Agreement and General Release (Outbrain Inc.), Severance Agreement and General Release (Outbrain Inc.)

No Offset or Mitigation. Except for offset to such monies due and owing to the Company, if Executive’s employment with the Company is terminated for any reason, the Company will have no right of offset, nor will Executive be under any duty or obligation to seek or accept alternative or substitute employment at any time after the effective date of such termination or otherwise mitigate any amounts payable by the Company to Executive.

Appears in 1 contract

Samples: Severance Agreement and General Release (Outbrain Inc.)

No Offset or Mitigation. Except for such monies due and owing the Company, if If Executive’s 's employment with the Company is terminated for any reason, the Company will have no right of offset, nor will Executive be under any duty or obligation to seek or accept alternative or substitute employment at any time after the effective date of such termination or otherwise mitigate any amounts payable by the Company to Executive.

Appears in 1 contract

Samples: Employment Agreement (Playboy Enterprises Inc)

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No Offset or Mitigation. Except for such monies due and owing to the Company, if Executive’s employment with the Company is terminated for any reason, then the Company will have no right of offset, nor will Executive be under any duty or obligation to seek or accept alternative or substitute employment at any time after the effective date of such termination or otherwise mitigate any amounts payable by the Company to Executive.

Appears in 1 contract

Samples: Employment Agreement (Assured Guaranty LTD)

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