Common use of No Requirement for Mitigation Clause in Contracts

No Requirement for Mitigation. For purposes of clarity, a Director is not required to mitigate his damages if the Director’s contract is terminated before the completion of the guaranteed period, and there shall be no deduction from the Gross Remuneration payable to the Director on account of such mitigation.

Appears in 3 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

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No Requirement for Mitigation. For purposes of clarity, a Director is not required to mitigate his damages if the Director’s contract is terminated before the completion of the guaranteed period, and there shall be no deduction from the Gross Remuneration payable to the Director on account of such mitigation.

Appears in 1 contract

Samples: Collective Agreement

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