Common use of No Offset or Mitigation Clause in Contracts

No Offset or Mitigation. All amounts payable by the Company hereunder shall be paid without notice or demand. The Executive shall not be obligated to seek other employment in mitigation of the amounts payable or arrangements made under this Agreement, and the obtaining of any other employment shall not result in a reduction of the Company’s obligations to make the payments, benefits and arrangements required to be made under this Agreement.

Appears in 6 contracts

Samples: Employment Agreement (MRV Communications Inc), Employment Agreement (MRV Communications Inc), Employment Agreement (MRV Communications Inc)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!