No Mitigation Clause Example from Business Contracts

This example No Mitigation clause appears in 2 contracts from 1 company

No Mitigation. The Company agrees that, if the Executive's employment with the Company terminates during the Term, the Executive is not 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 6 hereof. Further, except as specifically provided in Sections 6.1(B) and 6.1(G) hereof, no payment or benefit provided for in this Agreement shall be reduced by any compensation earned by the Executive as the result of employment by anot...her employer, by retirement benefits, by offset against any amount claimed to be owed by the Executive to the Company, or otherwise. View More Arrow