Common use of Obligations Absolute; No Mitigation; No Effect On Other Rights Clause in Contracts

Obligations Absolute; No Mitigation; No Effect On Other Rights. (a) The obligations of the Company to make the payment to the Executive, and to make the arrangements, provided for herein are absolute and unconditional and may not be reduced by any circumstances, including without limitation any set-off, counterclaim, recoupment, defense or other right which the Company may have against the Executive or any third party at any time.

Appears in 10 contracts

Samples: Control Severance Agreement (Supervalu Inc), Change of Control Severance Agreement (Supervalu Inc), Continuity Agreement (Emcor Group Inc)

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Obligations Absolute; No Mitigation; No Effect On Other Rights. (a) The obligations of the Company to make the payment to the Executive, and to make the arrangements, provided for herein are absolute and unconditional and may not be reduced by any circumstances, including without limitation any set-off, counterclaim, recoupment, defense or other right which the Company may have against the Executive or any third party at any time.

Appears in 2 contracts

Samples: Continuity Agreement (EMCOR Group, Inc.), Continuity Agreement (Emcor Group Inc)

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