Riley’s contract also states that “within a reasonably brief period following termination, Coach shall use his or her best efforts to seek and secure substantially comparable employment including the customary and reasonable terms and conditions of compensation at the new employment, without structuring or timing compensation to avoid mitigation.”
For example, if Riley were to take a position that paid $600,000 annually, the $50,000 per month would lower the NU obligations from $170,000 to $120,000.