Common use of Acknowledgment of Compliance Clause in Contracts

Acknowledgment of Compliance. Because this Waiver includes a release and waiver as to claims under the AGE DISCRIMINATION IN EMPLOYMENT ACT (“ADEA”), my signature below acknowledges that it complies with the Older Worker Benefit Protection Act of 1990, as amended (“OWBPA”) and further acknowledges that I confirm, understand, and agree to the terms and conditions of this Waiver; that these terms are written in lay person terms, and that I have been fully advised of my right to seek the advice and assistance of consultants, including an attorney, as well as tax advisors, to review this agreement. It also acknowledges that I do not waive any rights or claims under the ADEA that may arise after the date this Waiver is signed by me, and specifically, that under this Waiver, I am receiving consideration beyond anything of value to which I am already entitled. It is understood by me that I have been advised to consult with an attorney of my choice before signing. I also understand that I have up to forty-five (45) full days to consider whether to sign this release and agreement. By signing this release on the date shown below, I knowingly and voluntarily elect to forego waiting the portion then remaining of the forty-five (45) full days to consider whether to sign this Waiver.