Mitigation; Exclusivity of Benefits. (a) The Executive shall not be required to mitigate the amount of any benefits hereunder by seeking other employment or otherwise, nor shall the amount of any such benefits be reduced by any compensation earned by the Executive as a result of employment by another employer after the Date of Termination or otherwise.
Mitigation; Exclusivity of Benefits. (a) The Executive shall not be required to mitigate the amount of any benefits hereunder by seeking other employment or otherwise, nor, except as otherwise provided herein, shall the amount of any such benefits be reduced by any compensation earned by the Executive as a result of employment by another employer after the Date of Termination or otherwise.
Mitigation; Exclusivity of Benefits. (a) Unless the Executive's employment is terminated for Disability, Retirement, death or pursuant to Section 5(c)(ii) hereof, the Executive shall be required to mitigate the amount of any payments and benefits hereunder by seeking other employment or otherwise. In the event that the Executive obtains other employment during the period that the Executive is receiving payments pursuant to Section 5(c)(i)(A) hereof, the cash amounts to be paid to the Executive pursuant thereto shall be reduced by any cash compensation received by the Executive as a result of employment by another employer after the Date of Termination.
Mitigation; Exclusivity of Benefits. (a) The Officer shall not be required to mitigate the amount of any benefits hereunder by seeking other employment or otherwise.
Mitigation; Exclusivity of Benefits a) The Executive shall not be required to mitigate the amount of any benefits hereunder by seeking other employment or otherwise, nor shall the amount of any such benefits be reduced by any compensation earned by the Executive as a result of employment by another employer after the Date of Termination or otherwise so long as the Executive has not breached this Agreement. In the event of any breach of this Agreement by the Executive following the Date of Termination, the Executive shall immediately repay to the Corporation all severance payments paid to him under Section 6 hereof and all amounts paid to him under Section 7 hereof, plus interest at the rate of 10% per annum from the date of such breach until all such severance payments and other amounts have been repaid in full to the Corporation.
Mitigation; Exclusivity of Benefits. (a) In the event that the Employers are required to make payments to the Executive pursuant to Section 5 hereof in connection with a termination of Executive's employment for other than Good Reason, the cash severance amount required to be paid by the Employers shall be reduced during each year that such payments are required to be made by 50% of any payments made to the Executive by any other employer. In all other circumstances, the Executive shall not be required to mitigate the amount of any benefits hereunder by seeking other employment or otherwise, nor shall the amount of any such benefits be reduced by any compensation earned by the Executive as a result of employment by another employer after the Date of Termination or otherwise.
Mitigation; Exclusivity of Benefits. (a) The Officer shall not be required to mitigate the amount of any benefits hereunder by seeking other employment or otherwise. However, the amount of severance compensation payable by the Employer under Section 2(c)(A) shall be reduced to the extent the Officer earns compensation from any source for services rendered by the Officer within one year following the Date of Termination.
Mitigation; Exclusivity of Benefits. (a) You shall not be required to mitigate the amount of any benefits to be paid to his hereunder by seeking other employment or otherwise.
Mitigation; Exclusivity of Benefits. (a) The Consultant shall not be required to mitigate the amount of any benefits hereunder by seeking other employment or otherwise, nor shall the amount of any such benefits be reduced by any compensation earned by the Consultant from other services after the Date of Termination or otherwise.
Mitigation; Exclusivity of Benefits. (a) The Executive, unless terminated for Retirement, Change in Control of the Bank, or Disability, shall be required to mitigate the amount of any payments and benefits hereunder by seeking other employment or otherwise. In the event that the Executive obtains other employment during the period that the Executive is receiving payments pursuant to Section 5(c)(i)(A) hereof, the cash amounts to be paid to the Executive pursuant thereto shall be reduced by any compensation received by the Executive as a result of employment by another employer after the Date of Termination.
