Common use of ADEA Release Requirements Satisfied Clause in Contracts

ADEA Release Requirements Satisfied. Employee understands that this Agreement has to meet certain requirements to validly release any ADEA claims Employee might have, and Employee represents and warrants that all such requirements have been satisfied. GTx hereby advises Employee that before signing this Agreement, he/she may take forty-five (45) days to consider this Agreement. Employee acknowledges that: (i) he/she took advantage of as much of this period to consider this Agreement as he/she wished before signing; (ii) he/she carefully read this Agreement; (iii) he/she fully understands it; (iv) he/she entered into this Agreement knowingly and voluntarily (free from fraud, duress, coercion, or mistake of fact); (v) this Agreement is in writing and is understandable; (vi) in this Agreement, he/she waives current ADEA claims; (vii) he/she has not waived future ADEA claims that may arise after the date of execution of this Agreement; (viii) he/she is receiving valuable consideration in exchange for execution of this Agreement that he/she would not otherwise be entitled to receive; (ix) GTx hereby advises Employee in writing to discuss this Agreement with his/her attorney (at his/her own expense) prior to execution, and he/she has done so to the extent he/she deemed appropriate; and (x) he/she received with this Agreement, GTx’s Notice Concerning Reduction In Force.

Appears in 1 contract

Samples: Confidential Separation Agreement and General Release (GTX Inc /De/)

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ADEA Release Requirements Satisfied. Employee understands that this Agreement has to meet certain requirements to validly release any ADEA claims Employee might have, and Employee represents and warrants that all such requirements have been satisfied. GTx Employer hereby advises Employee that before signing this Agreement, he/she he may take fortytwenty-five one (4521) days to consider this Agreement. Employee acknowledges that: (i) he/she Xxxxx X. Xxxxx Superior Industries he took advantage of as much of this period to consider this Agreement as he/she he wished before signing; (ii) he/she he carefully read this Agreement; (iii) he/she he fully understands it; (iv) he/she he entered into this Agreement knowingly and voluntarily (free from fraud, duress, coercion, or mistake of fact); (v) this Agreement is in writing and is understandable; (vi) in this Agreement, he/she he waives current ADEA claims; (vii) he/she he has not waived future ADEA claims that may arise after the date of execution of this Agreement; (viii) he/she he is receiving valuable consideration in exchange for execution of this Agreement that he/she he would not otherwise be entitled to receive; and (ix) GTx Employer hereby advises Employee in writing to discuss this Agreement with his/her his attorney (at his/her his own expense) prior to execution, and he/she he has done so to the extent he/she he deemed appropriate; and (x) he/she received with this Agreement, GTx’s Notice Concerning Reduction In Force.

Appears in 1 contract

Samples: Separation Agreement and General Release (Superior Industries International Inc)

ADEA Release Requirements Satisfied. Employee understands that this Agreement has to meet certain requirements to validly release any ADEA claims Employee might have, and Employee represents and warrants that all such requirements have been satisfied. GTx Employer hereby advises Employee that that, before signing this Agreement, he/she may take fortytwenty-five one (4521) days to consider this Agreement. Employee acknowledges that: (i) he/she took advantage of as much of this period to consider this Agreement as he/she wished before signing; (ii) he/she carefully read this Agreement; (iii) he/she fully understands it; (iv) he/she entered into this Agreement knowingly and voluntarily (free from fraud, duress, coercion, or mistake of fact); (v) this Agreement is in writing and is understandable; (vi) in this Agreement, he/she waives current ADEA claims; (vii) he/she has not waived future ADEA claims that may arise after the date of execution of this Agreement; (viii) he/she is receiving valuable consideration in exchange for execution of this Agreement that he/she would not otherwise be entitled to receive; and (ix) GTx Employer hereby advises Employee in writing to discuss this Agreement with his/her attorney (at his/her own expense) prior to execution, and he/she has done so to the extent he/she deemed appropriate; and (x) he/she received with this Agreement, GTx’s Notice Concerning Reduction In Force.

Appears in 1 contract

Samples: Separation Agreement and General Release (Support.com, Inc.)

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ADEA Release Requirements Satisfied. Employee understands that this Agreement has to meet certain requirements to validly release any ADEA claims Employee might have, and Employee represents and warrants that all such requirements have been satisfied. GTx hereby advises Employee that before signing this Agreement, he/she may take forty-five (45) days to consider this Agreement. Employee acknowledges that: (i) he/she took advantage of as much of this period to consider this Agreement as he/she wished before signing; (ii) he/she carefully read this Agreement; (iii) he/she fully understands it; (iv) he/she entered into this Agreement knowingly and voluntarily (free from fraud, duress, coercion, or mistake of fact); (v) this Agreement is in writing and is understandable; (vi) in this Agreement, he/she waives current ADEA claims; (vii) he/she has not waived future ADEA claims that may arise after the date of execution of this Agreement; (viii) he/she is receiving valuable consideration in exchange for execution of this Agreement that he/she would not otherwise be entitled to receive; (ix) GTx hereby advises Employee in writing to discuss this Agreement with his/her attorney (at his/her own expense) prior to execution, and he/she has done so to the extent he/she deemed appropriate; and (x) he/she received with this Agreement, GTx’s Cumulative Information Disclosure Notice Concerning Reduction In Force.

Appears in 1 contract

Samples: Confidential Separation Agreement and General Release (GTX Inc /De/)

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