No Mitigation Clause Example from Business Contracts
This example No Mitigation clause appears in
3 contracts
from
2 companies
No Mitigation. The Company agrees that, if the Executive's employment with the Company terminates during the term of this Agreement, the Executive shall not be required to seek other employment or to attempt in any way to reduce any amounts payable to the Executive by the Company pursuant to Section 4 hereof. Further, the amount of any payment or benefit provided for in this Agreement (other than Section 4.1 (C) hereof) shall not be reduced by any compensation earned by the Executive as the result of employmen...t by another employer, by retirement benefits, by offset against any amount claimed to be owed by the Executive to the Company, or otherwise.View More