Common use of Acknowledgement of Waiver of Claims Under ADEA Clause in Contracts

Acknowledgement of Waiver of Claims Under ADEA. The provisions of this Paragraph 7 only apply if I am at least 40 years old, as of the date I execute this General Release. If I am 40 years of age or older as of the date I execute this General Release, I acknowledge that by signing this General Release I am waiving and releasing any rights I may have under the Age Discrimination in Employment Act of 1967 ("ADEA") and that I have done so knowingly and voluntarily. This General Release does not apply to any rights or claims that may arise under ADEA after the Release Date. I acknowledge that I am required to execute this General Release as a condition of receiving either Retention Payment under the Retention Agreement. I further acknowledge that I have been advised by this writing: To consult with an attorney prior to executing this General Release; I have up to twenty-one (21) days within which to consider this General Release; I have seven (7) days following my execution of this General Release to revoke my acceptance of the General Release; and This General Release shall not be effective until the revocation period has expired, and I acknowledge that I shall not receive any Retention Payment that is due and payable under the Retention Agreement until after expiration of the seven (7) day revocation period, assuming that I have not revoked my acceptance of this General Release during the revocation period. I acknowledge, agree to and accept all the terms of this General Release. /s/ Xxxxx X. Xxxx 10/04/02

Appears in 1 contract

Samples: Termination Agreement (Portland General Electric Co /Or/)

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Acknowledgement of Waiver of Claims Under ADEA. The provisions of this Paragraph 7 only apply if I am at least 40 years old, as of the date I execute this General Release. If I am 40 years of age or older as of the date I execute this General Release, I acknowledge that by signing this General Release I am waiving and releasing any rights I may have under the Age Discrimination in Employment Act of 1967 ("ADEA") and that I have done so knowingly and voluntarily. This General Release does not apply to any rights or claims that may arise under ADEA after the Release Date. I acknowledge that I am required to execute this General Release as a condition of receiving either Retention Payment under the Retention Agreement. I further acknowledge that I have been advised by this writing: To consult with an attorney prior to executing this General Release; I have up to twenty-one (21) days within which to consider this General Release; I have seven (7) days following my execution of this General Release to revoke my acceptance of the General Release; and This General Release shall not be effective until the revocation period has expired, and I acknowledge that I shall not receive any Retention Payment that is due and payable under the Retention Agreement until after expiration of the seven (7) day revocation period, assuming that I have not revoked my acceptance of this General Release during the revocation period. I acknowledge, agree to and accept all the terms of this General Release. Xxxxxx Xxxx /s/ Xxxxx X. Xxxxxx Xxxx 10/04/0210-9-02

Appears in 1 contract

Samples: Termination Agreement (Portland General Electric Co /Or/)

Acknowledgement of Waiver of Claims Under ADEA. The provisions of this Paragraph 7 only apply if I am at least 40 years old, as of the date I execute this General Release. If I am 40 years of age or older as of the date I execute this General Release, I acknowledge that by signing this General Release I am waiving and releasing any rights I may have under the Age Discrimination in Employment Act of 1967 ("ADEA") and that I have done so knowingly and voluntarily. This General Release does not apply to any rights or claims that may arise under ADEA after the Release Date. I acknowledge that I am required to execute this General Release as a condition of receiving either Retention Payment under the Retention Agreement. I further acknowledge that I have been advised by this writing: To consult with an attorney prior to executing this General Release; I have up to twenty-one (21) days within which to consider this General Release; I have seven (7) days following my execution of this General Release to revoke my acceptance of the General Release; and This General Release shall not be effective until the revocation period has expired, and I acknowledge that I shall not receive any Retention Payment that is due and payable under the Retention Agreement until after expiration of the seven (7) day revocation period, assuming that I have not revoked my acceptance of this General Release during the revocation period. I acknowledge, agree to and accept all the terms of this General Release. Xxxx Xxxxxx /s/ Xxxxx X. Xxxx 10/04/02Xxxxxx 10/2/02

Appears in 1 contract

Samples: Termination Agreement (Portland General Electric Co /Or/)

Acknowledgement of Waiver of Claims Under ADEA. The provisions of this Paragraph 7 only apply if I am at least 40 years old, as of the date I execute this General Release. If I am 40 years of age or older as of the date I execute this General Release, I acknowledge that by signing this General Release I am waiving and releasing any rights I may have under the Age Discrimination in Employment Act of 1967 ("ADEA") and that I have done so knowingly and voluntarily. This General Release does not apply to any rights or claims that may arise under ADEA after the Release Date. I acknowledge that I am required to execute this General Release as a condition of receiving either Retention Payment under the Retention Agreement. I further acknowledge that I have been advised by this writing: To consult with an attorney prior to executing this General Release; I have up to twenty-one (21) days within which to consider this General Release; I have seven (7) days following my execution of this General Release to revoke my acceptance of the General Release; and This General Release shall not be effective until the revocation period has expired, and I acknowledge that I shall not receive any Retention Payment that is due and payable under the Retention Agreement until after expiration of the seven (7) day revocation period, assuming that I have not revoked my acceptance of this General Release during the revocation period. I acknowledge, agree to and accept all the terms of this General Release. /s/ Xxxxx X. Xxxx 10/04/02Xxxxxx 10/2/02

Appears in 1 contract

Samples: Termination Agreement (Portland General Electric Co /Or/)

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Acknowledgement of Waiver of Claims Under ADEA. The provisions of this Paragraph 7 only apply if I am at least 40 years old, as of the date I execute this General Release. If I am 40 years of age or older as of the date I execute this General Release, I acknowledge that by signing this General Release I am waiving and releasing any rights I may have under the Age Discrimination in Employment Act of 1967 ("ADEA") and that I have done so knowingly and voluntarily. This General Release does not apply to any rights or claims that may arise under ADEA after the Release Date. I acknowledge that I am required to execute this General Release as a condition of receiving either Retention Payment under the Retention Agreement. I further acknowledge that I have been advised by this writing: To consult with an attorney prior to executing this General Release; I have up to twenty-one (21) days within which to consider this General Release; I have seven (7) days following my execution of this General Release to revoke my acceptance of the General Release; and This General Release shall not be effective until the revocation period has expired, and I acknowledge that I shall not receive any Retention Payment that is due and payable under the Retention Agreement until after expiration of the seven (7) day revocation period, assuming that I have not revoked my acceptance of this General Release during the revocation period. I acknowledge, agree to and accept all the terms of this General Release. /s/ Xxxxx Xxxx X. Xxxx 10/04/02Xxxxxx October 2, 2002

Appears in 1 contract

Samples: Termination Agreement (Portland General Electric Co /Or/)

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