Common use of ADEA/OWBPA Review and Revocation Period Clause in Contracts

ADEA/OWBPA Review and Revocation Period. You and the Company acknowledge that you are over the age of 40 and that you, therefore, have specific rights under the Age Discrimination in Employment Act (“ADEA”) and the Older Workers Benefit Protection Act (the “OWBPA”), which prohibit discrimination on the basis of age. It is the Company’s desire and intent to make certain that you fully understand the provisions and effects of this Agreement, which includes a release of claims under the ADEA and OWBPA. To that end, you have been encouraged and given the opportunity to consult with legal counsel for the purpose of reviewing the terms of this Agreement. In addition, consistent with the provisions of the ADEA and OWBPA, the Company also is providing you with up to twenty one (21) days in which to consider and accept the terms of this Agreement by signing below and returning it to Xxxxxxx Xxxxxx, GTC Biotherapeutics, Inc. 000 Xxxxxxxx Xxxxxxxxx, 0xx Xxxxx, Xxxxx 000, Xxxxxxxxxx, XX 00000-0000. Additionally, you may rescind your assent to this Agreement if, within seven (7) days after you sign this Agreement, you deliver by hand or send by mail (certified, return receipt and postmarked within such 7 day period) a notice of rescission to Xxxxxxx Xxxxxx at the above-referenced address.

Appears in 2 contracts

Samples: Separation Agreement (GTC Biotherapeutics Inc), Separation Agreement (GTC Biotherapeutics Inc)

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ADEA/OWBPA Review and Revocation Period. You and the Company acknowledge that you are over the age of 40 and that you, therefore, have specific rights under the Age Discrimination in Employment Act (“ADEA”) and the Older Workers Benefit Protection Act (the “OWBPA”), which prohibit discrimination on the basis of age. It is the Company’s desire and intent to make certain that you fully understand the provisions and effects of this Agreement, which includes include a release of claims Claims under the ADEA and OWBPA. To that end, you have been encouraged and given the opportunity to consult with legal counsel for the purpose of reviewing the terms of this Agreement. In addition, consistent Consistent with the provisions of the ADEA and OWBPA, the Company also is providing you with up to twenty one (21) days in which to consider and accept the terms of this Agreement by signing below and returning it to Xxxxxxx Jxxxx Xxxxxx, GTC BiotherapeuticsChairman of the Board of Directors, Inc. 000 Xxxxxxxx XxxxxxxxxInterleukin Genetics, 0xx XxxxxInc., Xxxxx 000100 Xxxxxx Xxxxxx, XxxxxxxxxxXxxxxxx, XX XX, 00000-0000. Additionally, you You may rescind your assent to this Agreement if, within seven (7) days after you sign this Agreement, you deliver by hand or send by mail (certified, return receipt and postmarked within such 7 day period) a notice of rescission to Xxxxxxx Mx. Xxxxxx at the above-referenced address.

Appears in 1 contract

Samples: Letter Agreement (Interleukin Genetics Inc)

ADEA/OWBPA Review and Revocation Period. You and the Company acknowledge that you are over the age of 40 and that you, therefore, have specific rights under the Age Discrimination in Employment Act (“ADEA”) and the Older Workers Benefit Protection Act (the “OWBPA”), which prohibit discrimination on the basis of age. It is the Company’s desire and intent to make certain that you fully understand the provisions and effects of this Agreement, which includes a release of claims under the ADEA and OWBPA. To that end, you have been encouraged and given the opportunity to consult with legal counsel for the purpose of reviewing the terms of this Agreement. In addition, consistent Consistent with the provisions of the ADEA and OWBPA, the Company also is providing you with up to twenty one (21) days in which to consider and accept the terms of this Agreement by signing below and returning it to Xxxxxxx Xxxxxxthe Axcella Health Inc. Legal Department, GTC Biotherapeutics, Inc. 000 Xxxxxxxx XxxxxxxxxXxxxx, 0xx Xxxxx, Xxxxx 000, XxxxxxxxxxXxxxxxxxx, XX 00000-0000. Additionally, you You may rescind your assent to this Agreement if, within seven (7) days after you sign this Agreement, you deliver by hand or send by mail (certified, return receipt and postmarked within such 7 day period) a notice of rescission to Xxxxxxx Xxxxxx the Axcella Health Inc. Legal Department at the above-referenced address.

Appears in 1 contract

Samples: Separation Agreement (Axcella Health Inc.)

ADEA/OWBPA Review and Revocation Period. You and the Company acknowledge that you are over the age of 40 and that you, therefore, have specific rights under the Age Discrimination in Employment Act (“ADEA”) and the Older Workers Benefit Protection Act (the “OWBPA”), which prohibit discrimination on the basis of age. It is the Company’s desire and intent to make certain that you fully understand the provisions and effects of this Agreement, which includes a release of claims under the ADEA and OWBPA. To that end, you have been encouraged and given the opportunity to consult with legal counsel for the purpose of reviewing the terms of this Agreement. In addition, consistent Consistent with the provisions of the ADEA and OWBPA, the Company also is providing you with up to twenty one (21) days in which to consider and accept the terms of this Agreement by signing below and returning it to Xxxxxxx XxxxxxXxxx Xxxxx, GTC BiotherapeuticsHuman Resources, Inc. 000 Xxxxxxxx XxxxxxxxxXxxxx, 0xx Xxxxx, Xxxxx 000, XxxxxxxxxxXxxxxxxxx, XX 00000-0000. Additionally, you You may rescind your assent to this Agreement if, within seven (7) days after you sign this Agreement, you deliver by hand or send by mail (certified, return receipt and postmarked within such 7 day period) a notice of rescission to Xxxxxxx Xxxxxx Xxxx Xxxxx at the above-referenced address.

Appears in 1 contract

Samples: Letter Agreement (Axcella Health Inc.)

ADEA/OWBPA Review and Revocation Period. You and the Company acknowledge that you are over the age of 40 and that you, therefore, have specific rights under the Age Discrimination in Employment Act (“ADEA”) and the Older Workers Benefit Protection Act (the “OWBPA”), which prohibit discrimination on the basis of age. It is the Company’s desire and intent to make certain that you fully understand the provisions and effects of this Agreement, which includes a release of claims under the ADEA and OWBPA. To that end, you have been encouraged and given the opportunity to consult with legal counsel for the purpose of reviewing the terms of this Agreement. In addition, consistent Consistent with the provisions of the ADEA and OWBPA, the Company also is providing you with up to twenty one (21) days in which to consider and accept the terms of this Agreement by signing below and returning it to Xxxxxxx XxxxxxXxxxx Xxxxxxx, GTC BiotherapeuticsChief Legal Officer, Inc. 000 Xxxxxxxx XxxxxxxxxXL Fleet Corp., 0xx Xxxxx, Xxxxx 000, Xxxxxxxxxx, XX 00000-0000xxxxxxxx@XXXxxxx.xxx. Additionally, you You may rescind your assent to this Agreement if, within seven (7) days after you sign this Agreement, you deliver by hand hand, electronic mail or send by certified mail (certified, return receipt and postmarked within such 7 7-day period) a notice of rescission to Xxxxxxx Xxxxxx at Xxxxx Xxxxxxx, Chief Legal Officer, XL Fleet Corp., xxxxxxxx@XXXxxxx.xxx. You agree that any modifications, material or otherwise, made to this Agreement do not restart or affect in any manner the aboveoriginal twenty-referenced addressone (21) day consideration period.

Appears in 1 contract

Samples: Consulting Agreement (XL Fleet Corp.)

ADEA/OWBPA Review and Revocation Period. You and the Company Pieris acknowledge that you are over the age of 40 and that you, therefore, have specific rights under the Age Discrimination in Employment Act (“ADEA”) and the Older Workers Benefit Protection Act (the “OWBPA”), which prohibit discrimination on the basis of age. It is the Company’s Pieris’ desire and intent to make certain that you fully understand the provisions and effects of this Agreement, which includes a release of claims under the ADEA and OWBPA. To that end, you have been encouraged and given the opportunity to consult with legal counsel for the purpose of reviewing the terms of this Agreement. In addition, consistent Consistent with the provisions of the ADEA and OWBPA, the Company Pieris also is providing you with up to twenty one (21) days in which to consider and accept the terms of this Agreement by signing below and returning it to Xxxxxxx X. Xxxxx, President and Chief Executive Officer, Pieris Pharmaceuticals, Inc., 000 Xxxxx Xxxxxx, GTC Biotherapeutics, Inc. 000 Xxxxxxxx Xxxxxxxxx, 0xx Xxxxx, Xxxxx 000, XxxxxxxxxxXxxxxx, XX 00000. You agree that any modifications, material or otherwise, made to this Agreement do not and shall not restart or affect in any manner whatsoever, the original 21-0000day Review Period. Additionally, you You may rescind your assent to this Agreement if, within seven (7) days after you sign this Agreement, you deliver by hand or send by mail (certified, return receipt and postmarked within such 7 7-day period) a notice of rescission to Xxxxxxx Xxxxxx at the above-referenced address.

Appears in 1 contract

Samples: Separation Agreement (Pieris Pharmaceuticals, Inc.)

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ADEA/OWBPA Review and Revocation Period. You and the Company acknowledge that you are over the age of 40 and that you, therefore, have specific rights under the Age Discrimination in Employment Act (“ADEA”) and the Older Workers Benefit Protection Act (the “OWBPA”), which prohibit discrimination on the basis of age. It is the Company’s desire and intent to make certain that you fully understand the provisions and effects of this Agreement, which includes a release of claims under the ADEA and OWBPA. To that end, you have been encouraged and given the opportunity to consult with legal counsel for the purpose of reviewing the terms of this Agreement. In addition, consistent Consistent with the provisions of the ADEA and OWBPA, the Company also is providing you with up to twenty one (21) days following your Separation Date in which to consider and accept the terms of this Agreement by signing below and returning it to Xxxxxxx XxxxxxXxxxx Xxxxxxx, GTC BiotherapeuticsChief Legal Officer, Inc. 000 Xxxxxxxx XxxxxxxxxXL Fleet Corp., 0xx Xxxxx, Xxxxx 000, Xxxxxxxxxx, XX 00000-0000xxxxxxxx@XXXxxxx.xxx. Additionally, you You may rescind your assent to this Agreement if, within seven (7) days after you sign this Agreement, you deliver by hand hand, electronic mail or send by certified mail (certified, return receipt and postmarked within such 7 7-day period) a notice of rescission to Xxxxxxx Xxxxxx at Xxxxx Xxxxxxx, Chief Legal Officer, XL Fleet Corp., xxxxxxxx@XXXxxxx.xxx. You agree that any modifications, material or otherwise, made to this Agreement do not restart or affect in any manner the aboveoriginal twenty-referenced addressone (21) day consideration period.

Appears in 1 contract

Samples: Consulting Agreement (XL Fleet Corp.)

ADEA/OWBPA Review and Revocation Period. You and the Company acknowledge that you are over the age of 40 and that you, therefore, have specific rights under the Age Discrimination in Employment Act (“ADEA”) and the Older Workers Benefit Protection Act (the “OWBPA”), which prohibit discrimination on the basis of age. It is the Company’s desire and intent to make certain that you fully understand the provisions and effects of this Agreement, which includes a release of claims under the ADEA and OWBPA. To that end, you have been encouraged and given the opportunity to consult with legal counsel for the purpose of reviewing the terms of this Agreement. In addition, consistent Consistent with the provisions of the ADEA and OWBPA, the Company also is providing you with up to twenty twenty- one (21) days following your Separation Date in which to consider and accept the terms of this Agreement by signing below and returning it to Xxxxxxx XxxxxxXxxxx Xxxxxxx, GTC BiotherapeuticsChief Legal Officer, Inc. 000 Xxxxxxxx XxxxxxxxxXL Fleet Corp., 0xx Xxxxx, Xxxxx 000, Xxxxxxxxxx, XX 00000-0000xxxxxxxx@XXXxxxx.xxx. Additionally, you You may rescind your assent to this Agreement if, within seven (7) days after you sign this Agreement, you deliver by hand hand, electronic mail or send by certified mail (certified, return receipt and postmarked within such 7 7-day period) a notice of rescission to Xxxxxxx Xxxxxx at Xxxxx Xxxxxxx, Chief Legal Officer, XL Fleet Corp., xxxxxxxx@XXXxxxx.xxx. You agree that any modifications, material or otherwise, made to this Agreement do not restart or affect in any manner the aboveoriginal twenty-referenced addressone (21) day consideration period.

Appears in 1 contract

Samples: XL Fleet Corp.

ADEA/OWBPA Review and Revocation Period. You and the Company acknowledge that you are over the age of 40 and that you, therefore, have specific rights under the Age Discrimination in Employment Act (“ADEA”) and the Older Workers Benefit Protection Act (the “OWBPA”), which prohibit discrimination on the basis of age. It is the Company’s desire and intent to make certain that you fully understand the provisions and effects of this Agreement, which includes a release of claims under the ADEA and OWBPA. To that end, you have been encouraged and given the opportunity to consult with legal counsel for the purpose of reviewing the terms of this Agreement. In addition, consistent Consistent with the provisions of the ADEA and OWBPA, the Company also is providing you with up to twenty twenty- one (21) days in which to consider and accept the terms of this Agreement by signing below and returning it to Xxxxxxx XxxxxxXxxxx Xxxxxxx, GTC BiotherapeuticsChief Legal Officer, Inc. 000 Xxxxxxxx XxxxxxxxxXL Fleet Corp., 0xx Xxxxx, Xxxxx 000, Xxxxxxxxxx, XX 00000-0000xxxxxxxx@XXXxxxx.xxx. Additionally, you You may rescind your assent to this Agreement if, within seven (7) days after you sign this Agreement, you deliver by hand hand, electronic mail or send by certified mail (certified, return receipt and postmarked within such 7 7-day period) a notice of rescission to Xxxxxxx Xxxxxx at Xxxxx Xxxxxxx, Chief Legal Officer, XL Fleet Corp., xxxxxxxx@XXXxxxx.xxx. You agree that any modifications, material or otherwise, made to this Agreement do not restart or affect in any manner the aboveoriginal twenty-referenced addressone (21) day consideration period.

Appears in 1 contract

Samples: XL Fleet Corp.

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