No Setoff. The Company’s obligation to make the payments provided for in this Agreement and otherwise to perform its obligations hereunder shall not be affected by a setoff, counterclaim, recoupment, defense or other claim, right or action which the Company may have against the Executive or others. In no event shall the Executive be obligated to seek other employment or take other action by way of mitigation of the amounts payable to the Executive under the provisions of this Agreement.
Appears in 30 contracts
Samples: Employment Agreement (Chatham Lodging Trust), Employment Agreement (Chatham Lodging Trust), Employment Agreement (Chatham Lodging Trust)
No Setoff. The Company’s obligation to make the payments provided for in this Agreement and otherwise to perform its obligations hereunder shall not be affected by a setoffany set-off, counterclaim, recoupment, defense or other claim, right right, or action which the Company may have against the Executive or others. In no event shall the Executive be obligated to seek other employment or take any other action by way of mitigation of the amounts payable payable, or benefits to be provided to the Executive under any of the provisions of this Agreement, and such amounts shall not be reduced whether or not the Executive obtains or seeks to obtain other employment.
Appears in 12 contracts
Samples: Employment Agreement (Newpark Resources Inc), Employment Agreement (Newpark Resources Inc), Employment Agreement (Newpark Resources Inc)
No Setoff. The Company’s 's obligation to make the payments provided for in this Agreement and otherwise to perform its obligations hereunder shall not be affected by a setoff, counterclaim, recoupment, defense or other claim, right or action which the Company may have against the Executive or others. In no event shall the Executive be obligated to seek other employment or take other action by way of mitigation of the amounts payable to the Executive under the provisions of this Agreement.
Appears in 4 contracts
Samples: Employment Agreement (Innkeepers Usa Trust/Fl), Employment Agreement (Innkeepers Usa Trust/Fl), Employment Agreement (Innkeepers Usa Trust/Fl)
No Setoff. The Company’s obligation to make the payments provided for in this Agreement and otherwise to perform its obligations hereunder shall not be affected by a setoffany set-off, counterclaim, recoupment, defense or other claim, right right, or action which the Company may have against the Executive or others. In no event shall the Executive be obligated to seek other employment or take any other action by way of mitigation of the amounts payable payable, or benefits to the be provided to Executive under any of the provisions of this Agreement, and such amounts shall not be reduced whether or not Executive obtains or seeks to obtain other employment.
Appears in 2 contracts
Samples: Employment Agreement (Newpark Resources Inc), Employment Agreement (Newpark Resources Inc)
No Setoff. The Company’s obligation to make the payments provided for in this Agreement and otherwise to perform its obligations hereunder shall not be affected by a setoff, any set-off counterclaim, recoupment, defense or other claim, right right, or action which the Company may have against the Executive or others. In no event shall the Executive be obligated to seek other employment or take any other action by way of mitigation of the amounts payable payable, or benefits to be provided to the Executive under any of the provisions of this Agreement, and such amounts shall not be reduced whether or not the Executive obtains or seeks to obtain other employment.
Appears in 1 contract
