Acknowledgment of Waiver of Claims under ADEA. Employee acknowledges that Employee is waiving and releasing any rights Employee may have under the Age Discrimination in Employment Act of 1967 (“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 the 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 Employee has been advised by this writing that (a) Employee should consult with an attorney prior to executing this Agreement; (b) Employee has at least twenty-one (21) days within which to consider this Agreement; (c) Employee has seven (7) days following the execution of this Agreement by the parties to revoke the Agreement; (d) this Agreement shall not be effective until the revocation period has expired; and (e) nothing in this Agreement prevents or precludes Employee from challenging or seeking a determination in good faith of the validity of this waiver under the ADEA, nor does it impose any condition precedent, penalties or costs for doing so, unless specifically authorized by federal law. Any revocation should be in writing and delivered to the Vice-President of Human Resources at the Company by close of business on the seventh day from the date that Employee signs this Agreement.
Appears in 11 contracts
Samples: Change of Control Agreement, Change of Control Agreement (Juniper Networks Inc), Severance Agreement (Juniper Networks Inc)
Acknowledgment of Waiver of Claims under ADEA. Employee acknowledges that Employee is knowingly and voluntarily waiving and releasing any rights Employee may have under the Age Discrimination in Employment Act of 1967 (“ADEA”) , and that this the consideration given for the waiver and release in this Section 3 is knowing and voluntaryin addition to anything of value to which Employee is already entitled. Employee and further acknowledges that Employee has been advised, as required by the Company agree that this ADEA, that: (a) Employee’s waiver and release does do not apply to any rights or claims that may arise under the ADEA after the Effective Date of date Employee signs this Release 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 Employee has been advised by this writing that ; (ab) Employee should consult with an attorney prior to executing signing this AgreementRelease Agreement (although Employee may choose voluntarily not to do so); (bc) Employee has at least twenty-one (21) days within which to consider this AgreementRelease Agreement (although Employee may choose voluntarily to sign it earlier); (cd) Employee has seven (7) days following the execution of date Employee signs this Release Agreement by the parties to revoke the AgreementRelease Agreement (by providing written notice of Employee’s revocation to the Legal Department at XOMA); and (de) this Release Agreement shall will not be effective until the date upon which the revocation period has expired; and , which will be the eighth (e8th) nothing in this Agreement prevents or precludes Employee from challenging or seeking a determination in good faith of the validity of this waiver under the ADEA, nor does it impose any condition precedent, penalties or costs for doing so, unless specifically authorized by federal law. Any revocation should be in writing and delivered to the Vice-President of Human Resources at the Company by close of business on the seventh day from after the date that this Release Agreement is signed by Employee signs this Agreementprovided that Employee does not revoke it (the “Effective Date”).
Appears in 10 contracts
Samples: Officer Employment Agreement (XOMA Corp), Officer Employment Agreement (XOMA Corp), Officer Employment Agreement (XOMA Corp)
Acknowledgment of Waiver of Claims under ADEA. Employee acknowledges that Employee is waiving and releasing any rights Employee may have under the Age Discrimination in Employment Act of 1967 (“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 the 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 Employee has been advised by this writing that (a) Employee should consult with an attorney prior to executing this Agreement; (b) Employee has at least twenty-one (21) days within which to consider this Agreement; (c) Employee has seven (7) days following the execution of this Agreement by the parties to revoke the Agreement; (d) this Agreement shall not be effective until the revocation period has expired; and (e) nothing in this Agreement prevents or precludes Employee from challenging or seeking a determination in good faith of the validity of this waiver under the ADEA, nor does it impose any condition precedent, penalties or costs for doing so, unless specifically authorized by federal law. Any revocation should be in writing and delivered to the Vice-President of Human Resources at the Company by close of business on the seventh (7th) day from the date that Employee signs this Agreement.
Appears in 6 contracts
Samples: Change of Control and Retention Agreement (Jive Software, Inc.), Change of Control and Retention Agreement (Jive Software, Inc.), Change of Control and Retention Agreement (Jive Software, Inc.)
Acknowledgment of Waiver of Claims under ADEA. Employee acknowledges that Employee he is waiving and releasing any rights Employee he may have under the Age Discrimination in Employment Act of 1967 (“"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 the 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 Employee he/she has been advised by this writing that that: (a) Employee he should consult with an attorney prior to executing this Agreement; (b) Employee he has at least twenty-one (21) days within which to consider this Agreement; (c) Employee he has seven (7) days following the his execution of this Agreement by the parties to revoke the this Agreement; (d) this Agreement shall not be effective until after the revocation period has expired; and (e) nothing in this Agreement prevents or precludes Employee from challenging or seeking a determination in good faith of the validity of this waiver under the ADEA, nor does it impose any condition precedent, penalties penalties, or costs for doing so, unless specifically authorized by federal law. Any revocation should be in writing and delivered to In the Vice-President of Human Resources at the Company by close of business on the seventh day from the date that event Employee signs this Agreement and returns it to the Company in less than the 21-day period identified above, Employee hereby acknowledges that he has freely and voluntarily chosen to waive the time period allotted for considering this Agreement.
Appears in 3 contracts
Samples: Separation Agreement and Release (Ab International Group Corp.), Separation Agreement and Release (Ab International Group Corp.), Separation Agreement and Release (Ab International Group Corp.)
Acknowledgment of Waiver of Claims under ADEA. Employee acknowledges that Employee he is waiving and releasing any rights Employee he may have under the Age Discrimination in Employment Act of 1967 (“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 the ADEA after the Effective Date 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 Employee he has been advised by this writing that (a) Employee he should consult with an attorney prior to executing this Agreement; (b) Employee he has at least twenty-one (21) days within which to consider this Agreement; (c) Employee he has seven (7) days following the execution of this Agreement by the parties to revoke the Agreement; (d) this Agreement shall not be effective until the revocation period has expired; and (e) nothing in this Agreement prevents or precludes Employee from challenging or seeking a determination in good faith of the validity of this waiver under the ADEA, nor does it impose any condition precedent, penalties or costs for doing so, unless specifically authorized by federal law. Any revocation should be in writing and delivered to the Vice-President of Human Resources at the Company by close of business on the seventh day from the date that Employee signs this Agreement.
Appears in 3 contracts
Samples: Dunkerley Employment Agreement (Hawaiian Holdings Inc), Release of Claims (Hawaiian Holdings Inc), Release of Claims (Hawaiian Holdings Inc)
Acknowledgment of Waiver of Claims under ADEA. Employee acknowledges that Employee he is waiving and releasing any rights Employee he may have under the Age Discrimination in Employment Act of 1967 (“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 the 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 Employee he has been advised by this writing that that: (a) Employee he should consult with an attorney prior to executing this Agreement; (b) Employee he has at least twenty-one (21) days within which to consider this Agreement; (c) Employee he has seven (7) days following the his execution of this Agreement by the parties to revoke the this Agreement; (d) this Agreement shall not be effective until after the revocation period has expired; and (e) nothing in this Agreement prevents or precludes Employee from challenging or seeking a determination in good faith of the validity of this waiver under the ADEA, nor does it impose any condition precedent, penalties penalties, or costs for doing so, unless specifically authorized by federal law. Any revocation should be in writing and delivered to In the Vice-President of Human Resources at the Company by close of business on the seventh day from the date that event Employee signs this Agreement and returns it to the Company in less than the 21-day period identified above, Employee hereby acknowledges that he has freely and voluntarily chosen to waive the time period allotted for considering this Agreement.
Appears in 3 contracts
Samples: Separation Agreement and Release (Bubblr Inc.), Separation Agreement and Release (Resonate Blends, Inc.), Separation Agreement and Release (Resonate Blends, Inc.)
Acknowledgment of Waiver of Claims under ADEA. Employee acknowledges that Employee is waiving and releasing any rights Employee may have under the Age Discrimination in Employment Act of 1967 (the “ADEA”) and that this the waiver and release is are knowing and voluntary. Employee and the Company agree that this the waiver and release does do not apply to any rights or claims that may arise under the 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 Employee has been advised by this writing that (a) Employee should consult with an attorney prior to executing this Agreement; (b) Employee has at least [twenty-one (21) 21)][forty-five (45)]1 days within which to consider this Agreement; (c) Employee has seven (7) days following the execution of this Agreement by the parties to revoke this Agreement (the Agreement“Revocation Period”) by giving written, signed and dated notice of revocation to [ENTER CONTACT FOR RECEIPT OF NOTICE OF REVOCATION]; and (d) this Agreement shall not be effective until the Revocation Period has expired without such notice of revocation period has expired; and having been given (e) nothing in this Agreement prevents or precludes Employee from challenging or seeking a determination in good faith of such date being referred to herein as the validity of this waiver under the ADEA, nor does it impose any condition precedent, penalties or costs for doing so, unless specifically authorized by federal law. Any revocation should be in writing and delivered to the Vice-President of Human Resources at the Company by close of business on the seventh day from the date that Employee signs this Agreement“Effective Date”).
Appears in 2 contracts
Samples: Separation Agreement and General Release (RhythmOne PLC), Separation Agreement and General Release (RhythmOne PLC)
Acknowledgment of Waiver of Claims under ADEA. Employee acknowledges that Employee he is waiving and releasing any rights Employee he may have under the Age Discrimination in Employment Act of 1967 (“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 the 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 Employee he has been advised by this writing that (a) Employee he should consult with an attorney prior to executing this Agreement; (b) Employee he has at least twenty-one (21) days within which to consider this Agreement; (c) Employee he has at least seven (7) days following the execution of this Agreement by the parties to revoke the Agreement; (d) this Agreement Agreement, and all of the terms and conditions hereof, shall not be effective until the revocation period has expired; and (e) nothing in this Agreement prevents or precludes Employee from challenging or seeking a determination in good faith of the validity of this waiver under the ADEA, nor does it impose any condition precedent, penalties or costs for from doing so, unless specifically authorized by federal law. Any revocation should be in writing and delivered to the Vice-President of Human Resources at the Company by close of business on the seventh day from the date that Employee signs this Agreement.
Appears in 2 contracts
Samples: Settlement Agreement and Release (Genesis Microchip Inc /De), Settlement Agreement and Release (Genesis Microchip Inc /De)
Acknowledgment of Waiver of Claims under ADEA. Employee understands and acknowledges that Employee he is waiving and releasing any rights Employee he may have under the Age Discrimination in Employment Act of 1967 (“ADEA”) ), and that this waiver and release is knowing and voluntary. Employee understands and the Company agree agrees that this waiver and release does not apply to any rights or claims that may arise under the ADEA after the Effective Date of this Agreement. Employee understands and 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 understands and acknowledges that Employee he has been advised by this writing that that: (a) Employee he should consult with an attorney prior to executing this Agreement; (b) Employee he has at least [twenty-one (21) 21)]2 days within which to consider this Agreement; (c) Employee he has seven (7) 7 days following the his execution of this Agreement by the parties to revoke this Agreement pursuant to written notice to the Agreement______________ of the Company; (d) this Agreement shall not be effective until after the revocation period has expired; and (e) nothing in this Agreement prevents or precludes Employee from challenging or seeking a determination in good faith of the validity of this waiver under the ADEA, nor does it impose any condition precedent, penalties penalties, or costs for doing so, unless specifically authorized by federal law. Any revocation should be in writing and delivered to In the Vice-President of Human Resources at the Company by close of business on the seventh day from the date that event Employee signs this Agreement and returns it to the Company in less than the twenty-one (21) day period identified above, Employee hereby acknowledges that he has freely and voluntarily chosen to waive the time period allotted for considering this Agreement.
Appears in 1 contract
Acknowledgment of Waiver of Claims under ADEA. Employee acknowledges that Employee he is waiving and releasing any rights Employee he may have under the Age Discrimination in Employment Act of 1967 (“"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 the 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 Employee he has been advised by this writing that that: (a) Employee he should consult with an attorney prior to executing this Agreement; (b) Employee he has at least twenty-one (21) days within which to consider this Agreement; (c) Employee he has seven (7) days following the his execution of this Agreement by the parties to revoke the this Agreement; (d) this Agreement shall not be effective until after the revocation period has expired; and (e) nothing in this Agreement prevents or precludes Employee from challenging or seeking a determination in good faith of the validity of this waiver under the ADEA, nor does it impose any condition precedent, penalties penalties, or costs for doing so, unless specifically authorized by federal law. Any revocation should be in writing and delivered to In the Vice-President of Human Resources at the Company by close of business on the seventh day from the date that event Employee signs this Agreement and returns it to the Company in less than the 21-day period identified above, Employee hereby acknowledges that he has freely and voluntarily chosen to waive the time period allotted for considering this Agreement.
Appears in 1 contract
Acknowledgment of Waiver of Claims under ADEA. Employee acknowledges that Employee she is waiving and releasing any rights Employee may have under the Age Discrimination in Employment Act of 1967 (“"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 the ADEA after the Effective Date 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 Employee she has been advised notified by this writing that Agreement that: (a) Employee should consult with an attorney prior PRIOR to executing this Agreement; (b) Employee has at least twenty-one (21) days within which to consider this Agreement; (c) Employee has seven (7) days following the execution of this Agreement by the parties to revoke the this Agreement; and (d) this Agreement shall not be effective until the revocation period has expired; and (e) nothing in this Agreement prevents or precludes Employee from challenging or seeking a determination in good faith of the validity of this waiver under the ADEA, nor does it impose any condition precedent, penalties or costs for doing so, unless specifically authorized by federal law. Any revocation should must be in writing and must be hand-delivered to the Vice-President of Human Resources at the Company Xxxx Xxxxx, Vice President, Legal, and General Counsel, by close of business on the seventh day from the date that Employee signs this Agreement.
Appears in 1 contract
Acknowledgment of Waiver of Claims under ADEA. Employee acknowledges that Employee he is waiving and releasing any rights Employee he may have under the Age Discrimination in Employment Act of 1967 (“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 the ADEA after the Effective Date of this AgreementRelease. Employee acknowledges that the consideration consideration given for this waiver and release Agreement Release is in addition to anything of value to which Employee was already entitled. Employee further acknowledges that Employee he has been advised by this writing that (a) Employee he should consult with an attorney prior to executing this AgreementRelease; (b) Employee he has at least twenty-one (21) days within which to consider this AgreementRelease; (c) Employee he has seven (7) days following the execution of this Agreement Release by the parties Parties to revoke the AgreementRelease; and (d) this Agreement Release shall not be effective until the revocation period has expired; and (e) nothing in this Agreement prevents or precludes Employee from challenging or seeking a determination in good faith of the validity of this waiver under the ADEA, nor does it impose any condition precedent, penalties or costs for doing so, unless specifically authorized by federal law. Any revocation should be in writing and delivered to a member of the Vice-President Board of Human Resources at the Company Directors by close of business on the seventh day from the date that Employee signs this AgreementRelease.
Appears in 1 contract
Acknowledgment of Waiver of Claims under ADEA. Employee acknowledges that Employee he is waiving and releasing any rights Employee he may have under the Age Discrimination in Employment Act of 1967 (“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 the ADEA after the Effective Date of date on which Employee signs 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 Employee he has been advised by this writing that (a) Employee he should consult with an attorney prior to executing this Agreement; (b) Employee he has at least twenty-one (21) days within which to consider this AgreementAgreement before signing it; (c) Employee he has seven (7) days following the execution of date he signs this Agreement by the parties to revoke the Agreement, by providing written notice of revocation to the Company’s General Counsel, by midnight on the seventh day following the date on which he signs this Agreement; and (d) this Agreement shall not be effective or enforceable, and Employee shall not be entitled to any consideration under this Agreement or otherwise (except for earned salary and benefits earned at the Termination Date) until the revocation period has expired; and (e) nothing in this Agreement prevents or precludes Employee from challenging or seeking a determination in good faith expired without Employee’s revocation of the validity of this waiver under the ADEA, nor does it impose any condition precedent, penalties or costs for doing so, unless specifically authorized by federal law. Any revocation should be in writing and delivered to the Vice-President of Human Resources at the Company by close of business on the seventh day from the date that Employee signs this Agreement.
Appears in 1 contract
Acknowledgment of Waiver of Claims under ADEA. Employee acknowledges that Employee is waiving and releasing any rights Employee may have under the Age Discrimination in Employment Act of 1967 (“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 the 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 Employee has been advised by this writing that (a) Employee should consult with an attorney prior to executing this Agreement; (b) Employee has at least twenty-one (21) days within which to consider this Agreement; (c) Employee has seven (7) days following the execution of this Agreement by the parties to revoke the Agreement; (d) this Agreement shall not be effective until the revocation period has expired; and (e) nothing in this Agreement prevents or precludes Employee from challenging or seeking a determination in good faith of the validity of this waiver under the ADEA, nor does it impose any condition precedent, penalties or costs for doing so, unless specifically authorized by federal law. Any revocation should be in writing and delivered to the Vice-President of Human Resources at the Company by close of business on the seventh day from the date that Employee signs this Agreement. 6.
Appears in 1 contract
Samples: Control Agreement
Acknowledgment of Waiver of Claims under ADEA. Employee acknowledges that Employee is waiving and releasing any rights Employee may have under the Age Discrimination in Employment Act of 1967 (“ADEA”) and that this waiver and release is knowing and voluntary. Employee and the Company agree agrees that this waiver and release does not apply to any rights or claims that may arise under the ADEA after the Effective Date of this AgreementRelease. 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 Employee has been advised by this writing that that: (a) Employee should consult with an attorney prior to executing this AgreementRelease; (b) Employee has at least twenty-one (21) days within which to consider this AgreementRelease; (c) Employee has seven (7) days following the execution of this Agreement Release by the parties Parties to revoke the AgreementRelease; (d) this Agreement Release shall not be effective until after the revocation period has expired; and (e) nothing in this Agreement Release prevents or precludes Employee from challenging or seeking a determination in good faith of the validity of this waiver under the ADEA, nor does it impose any condition precedent, penalties or costs for from doing so, unless specifically authorized by federal law. Any revocation should be in writing and delivered to the Vice-President of Human Resources at the Company by close of business on the seventh day from the date that Employee signs this Agreement.
Appears in 1 contract
Samples: Retention Bonus and Release Agreement (Symphonix Devices Inc)
Acknowledgment of Waiver of Claims under ADEA. Employee understands and acknowledges that Employee she is waiving and releasing any rights Employee she may have under the Age Discrimination in Employment Act of 1967 (“ADEA”) ), and that this waiver and release is knowing and voluntary. Employee understands and the Company agree agrees that this waiver and release does not apply to any rights or claims that may arise under the ADEA after the Effective Date of this Agreement. Employee understands and 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 understands and acknowledges that Employee she has been advised by this writing that that: (a) Employee she should consult with an attorney prior to executing this Agreement; (b) Employee she has at least [twenty-one (21) 21)]† days within which to consider this Agreement; (c) Employee she has seven (7) 7 days following the his execution of this Agreement by the parties to revoke this Agreement pursuant to written notice to the Agreement_ of the Company; (d) this Agreement shall not be effective until after the revocation period has expired; and (e) nothing in this Agreement prevents or precludes Employee from challenging or seeking a determination in good faith of the validity of this waiver under the ADEA, nor does it impose any condition precedent, penalties penalties, or costs for doing so, unless specifically authorized by federal law. Any revocation should be in writing and delivered to In the Vice-President of Human Resources at the Company by close of business on the seventh day from the date that event Employee signs this Agreement and returns it to the Company in less than the twenty-one (21) day period identified above, Employee hereby acknowledges that she has freely and voluntarily chosen to waive the time period allotted for considering this Agreement.
Appears in 1 contract
Acknowledgment of Waiver of Claims under ADEA. Employee --------------------------------------------- acknowledges that Employee he is waiving and releasing any rights Employee he may have under the Age Discrimination in Employment Act of 1967 (“"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 the 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 Employee he has been advised by this writing that (a) Employee he should consult with an attorney prior to executing this Agreement; (b) Employee he has at least twenty-one (21) ----- days within which to consider this Agreement; (c) Employee he has at least seven (7) days following the execution of this Agreement by the parties to revoke the Agreement; and (d) this Agreement shall not be effective until the revocation period has expired; and (e) nothing . Nothing in this Agreement prevents or precludes Employee from challenging or seeking a determination in good faith of the validity of this waiver under the ADEA, nor does it impose any condition precedent, penalties or costs for doing so, unless specifically authorized by federal law. Any revocation should be in writing and delivered to the Vice-President of Human Resources at the Company by close of business on the seventh day from the date that Employee signs this Agreement.
Appears in 1 contract
Samples: Severance Agreement and Mutual Release (Emachines Inc /De/)
Acknowledgment of Waiver of Claims under ADEA. Employee acknowledges that Employee he is waiving and releasing any rights Employee he may have under the Age Discrimination in Employment Act of 1967 (“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 the 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 Employee he has been advised by this writing that (a) Employee he should consult with an attorney prior to executing this Agreement; (b) Employee he has at least twenty-one (21) days within which to consider this Agreement; (c) Employee he has seven (7) days following the execution of this Agreement by the parties to revoke the Agreement; (d) this Agreement shall not be effective until the revocation period has expired; and (e) nothing in this Agreement prevents or precludes Employee from challenging or seeking a determination in good faith of the validity of this waiver under the ADEA, nor does it impose any condition precedent, penalties or costs for doing so, unless specifically authorized by federal law. Any revocation should be in writing and delivered to the Vice-President of Human Resources [__________________] at the Company by close of business on the seventh day from the date that Employee signs this Agreement.
Appears in 1 contract
Acknowledgment of Waiver of Claims under ADEA. Employee acknowledges --------------------------------------------- that Employee he is waiving and releasing any rights Employee he may have under the Age Discrimination in Employment Act of 1967 (“"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 the 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 Employee he has been advised by this writing that (a) Employee he should consult with an attorney prior to executing this Agreement; (b) Employee he has at least twenty-twenty- ----- one (21) days within which to consider this Agreement; (c) Employee he has at least seven (7) days following the execution of this Agreement by the parties to revoke the Agreement; and (d) this Agreement shall not be effective until the revocation period has expired; and (e) nothing . Nothing in this Agreement prevents or precludes Employee from challenging or seeking a determination in good faith of the validity of this waiver under the ADEA, nor does it impose any condition precedent, penalties or costs for doing so, unless specifically authorized by federal law. Any revocation should be in writing and delivered to the Vice-President of Human Resources at the Company by close of business on the seventh day from the date that Employee signs this Agreement.
Appears in 1 contract
Samples: Severance Agreement and Mutual Release (Emachines Inc /De/)
Acknowledgment of Waiver of Claims under ADEA. Employee acknowledges that Employee [he/she] is waiving and releasing any rights Employee [he/she] may have under the Age Discrimination in Employment Act of 1967 (“ADEA”) ), and that this waiver and release is knowing and voluntary. Employee and the Company agree agrees that this waiver and release does not apply to any rights or claims that may arise under the 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 Employee [he/she] has been advised by this writing that that: (a) Employee [he/she] should consult with an attorney prior to executing this Agreement; (b) Employee [he/she] has at least twenty-one (21) days within which to consider this Agreement; (c) Employee [he/she] has seven (7) days following the [his/her] execution of this Agreement by the parties to revoke the this Agreement; (d) this Agreement shall not be effective until after the revocation period has expired; and (e) nothing in this Agreement prevents or precludes Employee from challenging or seeking a determination in good faith of the validity of this waiver under the ADEA, nor does it impose any condition precedent, penalties penalties, or costs for doing so, unless specifically authorized by federal law. Any revocation should be in writing and delivered to In the Vice-President of Human Resources at the Company by close of business on the seventh day from the date that event Employee signs this Agreement and returns it to the Company in less than the 21-day period identified above, Employee hereby acknowledges that [he/she] has freely and voluntarily chosen to waive the time period allotted for considering this Agreement.
Appears in 1 contract
Samples: Separation Agreement and Release (Loyalty Alliance Enterprise Corp)
Acknowledgment of Waiver of Claims under ADEA. Employee acknowledges that Employee he is waiving and releasing any rights Employee may have under the Age Discrimination in Employment Act of 1967 (“"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 the ADEA after the Effective Date 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 Employee has been advised notified by this writing that Agreement that: (a) Employee should consult with an attorney prior PRIOR to executing this Agreement; (b) Employee has at least twenty-one (21) days within which to consider this Agreement; (c) Employee has seven (7) days following the execution of this Agreement by the parties to revoke the this Agreement; and (d) this Agreement shall not be effective until the revocation period has expired; and (e) nothing in this Agreement prevents or precludes Employee from challenging or seeking a determination in good faith of the validity of this waiver under the ADEA, nor does it impose any condition precedent, penalties or costs for doing so, unless specifically authorized by federal law. Any revocation should must be in writing and must be hand-delivered to the Vice-President of Human Resources at the Company Xxxx Xxxxx, Vice President, Legal, and General Counsel, by close of business on the seventh day from the date that Employee signs this Agreement.
Appears in 1 contract
Samples: Separation Agreement (Informix Corp)