Acknowledgement of Waiver of Claims Under ADEA. Employee acknowledges that he is waiving and releasing any rights he may have under the Age Discrimination in Employment Act of 1967 and its amendments, including the Older Worker Benefits Protection Act (“ADEA”), and that this waiver and release is knowing and voluntary. Employee further acknowledges that he has been advised by this writing that (a) he should consult with an attorney prior to executing this Agreement; (b) he has up to twenty-one (21) days within which to consider this Agreement; (c) he has seven (7) days following the execution of this Agreement to revoke the Agreement (the “Revocation Period”); and (d) this Agreement shall not be effective until the Revocation Period has expired. Notice of revocation shall be made in writing by delivery to the Chief Executive Officer of the Company within the seven-day period provided for herein.
Appears in 1 contract
Samples: Separation Agreement (QRS Corp)
Acknowledgement of Waiver of Claims Under ADEA. The Employee acknowledges that he is waiving and releasing any rights he may have under the Age Discrimination in and Employment Act of 1967 and its amendments, including the Older Worker Benefits Protection Act (“ADEA”), ) and that this waiver and release is knowing and voluntary. The Employee and the Company agree that this waiver and release does not apply to any rights or claims that may arise under ADEA after the Effective Date. The Employee acknowledges that the consideration given for this waiver and release agreement is in addition to anything of value to which the Employee was already entitled. The Employee further acknowledges that he the has been advised by this writing that (ai) he should consult with an attorney prior to executing this Agreement; (bii) he has up to twenty-one (21) days within which to consider this Agreement; (ciii) he has up to seven (7) days following the execution of this Agreement by the parties to revoke the Agreement (the “Revocation Period”)this Agreement; and (div) this Agreement shall not be effective until the Revocation Period has expired. Notice of revocation shall be made in writing by delivery to the Chief Executive Officer of the Company within the seven-day period provided for herein.
Appears in 1 contract
Acknowledgement of Waiver of Claims Under ADEA. Employee acknowledges that he is waiving and releasing any rights he may have under the Age Discrimination in Employment Act of 1967 and its amendments, including the Older Worker Benefits Protection Act (“ADEA”), ) and that this waiver and release is knowing and voluntary. Employee and the Company agree that this waiver and release does not apply to any rights or claims that may arise under ADEA after the Effective Date of this Agreement. Employee acknowledges that the consideration given for this waiver and release Agreement is in addition to anything of value to which Employee was already entitled. Employee further acknowledges that he has been advised by this writing that (a) he should consult with an attorney prior to executing this Agreement; (b) he has up to twenty-one (21) days within which to consider this Agreement; (c) he has seven (7) days following the execution of this Agreement by the parties to revoke the Agreement (the “Revocation Period”)Agreement; and (d) this Agreement shall not be effective until the Revocation Period revocation period has expired. Notice of revocation shall be made in writing by delivery to the Chief Executive Officer of the Company within the seven-day period provided for herein.
Appears in 1 contract
Samples: Severance Agreement (Utstarcom Inc)
Acknowledgement of Waiver of Claims Under ADEA. Employee acknowledges that he he/she is waiving and releasing any rights he he/she may have under the Age Discrimination in Employment Act of 1967 and its amendments, including the Older Worker Benefits Protection Act (“ADEA”), ) and that this waiver and release is knowing and voluntary. Employee further acknowledges that he he/she has been advised by this writing that (a) he he/she should consult with an attorney prior to executing this Agreement; (b) he he/she has up to twenty-one (21) days within which to consider this Agreement; (c) he he/she has seven (7) days following the execution of this Agreement to revoke the Agreement (the “Revocation Periodperiod”); and (d) this Agreement shall not be effective until the Revocation Period has expired. Notice of revocation shall be made in writing by delivery to the Chief Executive Officer of the Company within the seven-seven day period provided for herein.
Appears in 1 contract
Samples: Separation Agreement (QRS Corp)
Acknowledgement of Waiver of Claims Under ADEA. Employee acknowledges that he is waiving and releasing any rights he may have under the Age Discrimination in Employment Act of 1967 and its amendments, including the Older Worker Benefits Protection Act (“ADEA”), and that this waiver and release is knowing and voluntary. Employee further acknowledges that he has been advised by this writing that (a) he should consult with an attorney prior to executing this Agreement; (b) he has up to twenty-one (21) days within which to consider this Agreement; (c) he has seven (7) days following the execution of this Agreement to revoke the Agreement (the “Revocation Period”); and (d) this Agreement shall not be effective until the Revocation Period has expiredexpired (the “Effective Date”). Notice of revocation shall be made in writing by delivery to the Chief Executive Officer Vice President, Finance of the Company within the seven-day period provided for herein.
Appears in 1 contract
Samples: Separation Agreement (QRS Corp)
Acknowledgement of Waiver of Claims Under ADEA. Employee acknowledges that he is waiving and releasing any rights he may have under the Age Discrimination in Employment Act of 1967 and its amendments, including the Older Worker Benefits Protection Act (“ADEA”), ) and that this waiver and release is knowing and voluntary. Employee and Employer agree that this waiver and release does not apply to any rights or claims that may arise under ADEA after the Effective Date of this Agreement. Employee acknowledges that the consideration given for this waiver and release Agreement is in addition to anything of value to which Employee was already entitled. Employee further acknowledges that he has been advised by this writing that that:
(a) he should consult with an attorney prior to executing this Agreement; (b) he has up to twenty-one (21) days within which to consider this Agreement, although Employee may accept the terms of the Agreement at any time within those twenty-one (21) days; (c) he has seven (7) days following the his execution of this Agreement to revoke the Agreement (the “Revocation Period”)this Agreement; and (d) this Agreement shall not be effective until the Revocation Period revocation period has expired. Notice of revocation shall be made in writing by delivery to the Chief Executive Officer of the Company within the seven-day period provided for herein.
Appears in 1 contract
Samples: Severance Agreement