No Mitigation Clause Example from Business Contracts

This example No Mitigation clause appears in 4 contracts from 1 company

No Mitigation. The Company agrees that the Employee is not required to seek other employment or to attempt in any way to reduce the Severance Payments. No payment or benefit provided for in this Agreement will be reduced by any compensation earned by the Employee as the result of employment by another employer, by retirement benefits, by offset against any amount claimed to be owed by the Employee to the Company, or otherwise.