Common use of ADEA Waiver and Release Clause in Contracts

ADEA Waiver and Release. Executive acknowledges that he is knowingly and voluntarily waiving and releasing any rights Executive may have under the ADEA, as amended. Executive also acknowledges that the consideration given for the waiver and release in the preceding paragraph hereof is in addition to anything of value to which he was already entitled. Executive further acknowledges that he has been advised by this writing, as required by the ADEA, that: (a) Executive's waiver and release does not apply to any rights or claims that may arise after the execution date of this Agreement; (b) Executive has the right to consult with an attorney prior to executing this Agreement; (c) Executive has been given twenty-one (21) days to consider this Agreement; (d) Executive has seven (7) days following the execution of this Agreement by the parties to revoke the Agreement; and (e) this Agreement will not be effective until the date upon which the revocation period has expired, which will be the eighth day after this Agreement is executed by Executive, provided that the Employer has also executed this Agreement by that date ("Effective Date").

Appears in 3 contracts

Samples: Employment Agreement (Local Matters Inc.), Employment Agreement (Local Matters Inc.), Employment Agreement (Local Matters Inc.)

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ADEA Waiver and Release. Executive acknowledges I acknowledge that he is I am knowingly and voluntarily waiving and releasing any rights Executive I may have under the ADEA, as amended. Executive I also acknowledges acknowledge that the consideration given for the waiver and release in the preceding paragraph hereof is in addition to anything of value to which he I was already entitled. Executive I further acknowledges acknowledge that he has I have been advised by this writing, as required by the ADEA, that: (a) Executive's my waiver and release does not apply to any rights or claims that may arise after the execution date of this Agreement; (b) Executive has I have been advised that I have the right to consult with an attorney prior to executing this Agreement; (c) Executive has I have been given twenty-one (21) days to consider this Agreement; (d) Executive has I have seven (7) days following the execution of this Agreement by the parties to revoke the Agreement; and (e) this Agreement will not be effective until the date upon which the revocation period has expired, which will be the eighth day after this Agreement is executed by Executiveyou, provided that the Employer Company has also executed this Agreement by that date ("Effective Date").. The parties acknowledge and agree that revocation by Employee of the ADEA Waiver and Release is not effective to revoke Employee's waiver or release of any other claims pursuant to this Agreement. By: Date:

Appears in 3 contracts

Samples: Employment Agreement (Local Matters Inc.), Employment Agreement (Local Matters Inc.), Employment Agreement (Local Matters Inc.)

ADEA Waiver and Release. Executive acknowledges I acknowledge that he is I am knowingly and voluntarily waiving and releasing any rights Executive I may have under the ADEA, as amended. Executive I also acknowledges acknowledge that the consideration given for the waiver and release in the preceding paragraph hereof is in addition to anything of value to which he I was already entitled. Executive I further acknowledges acknowledge that he has I have been advised by this writing, as required by the ADEA, that: (a) Executive's my waiver and release does not apply to any rights or claims that may arise after the execution date of this Agreement; (b) Executive has I have been advised that I have the right to consult with an attorney prior to executing this Agreement; (c) Executive has I have been given twenty-one (21) days to consider this Agreement; (d) Executive has I have seven (7) days following the execution of this Agreement by the parties to revoke the Agreement; and (e) this Agreement will not be effective until the date upon which the revocation period has expired, which will be the eighth day after this Agreement is executed by Executiveyou, provided that the Employer Company has also executed this Agreement by that date ("Effective Date").. The parties acknowledge and agree that revocation by you of the ADEA Waiver and Release is not effective to revoke your waiver or release of any other claims pursuant to this Agreement. By: Date:

Appears in 3 contracts

Samples: Employment Agreement (Local Matters Inc.), Employment Agreement (Local Matters Inc.), Employment Agreement (Local Matters Inc.)

ADEA Waiver and Release. Executive acknowledges I acknowledge that he is I am knowingly and voluntarily waiving and releasing any rights Executive I may have under the ADEA, as amended. Executive I also acknowledges acknowledge that the consideration given for the waiver and release in the preceding paragraph hereof is in addition to anything of value to which he I was already entitled. Executive I further acknowledges acknowledge that he has I have been advised by this writing, as required by the ADEA, that: (a) Executive's my waiver and release does not apply to any rights or claims that may arise after the execution date of this Agreement; (b) Executive has I have been advised that I have the right to consult with an attorney prior to executing this Agreement; (c) Executive has I have been given twenty-one (21) days to consider this Agreement; (d) Executive has I have seven (7) days following the execution of this Agreement by the parties to revoke the Agreement; and (e) this Agreement will not be effective until the date upon which the revocation period has expired, which will be the eighth day after this Agreement is executed by Executiveyou, provided that the Employer Company has also executed this Agreement by that date ("Effective Date").. The parties acknowledge and agree that revocation by you of the ADEA Waiver and Release is not effective to revoke your waiver or release of any other claims pursuant to this Agreement. By: Date:

Appears in 3 contracts

Samples: Employment Agreement (Newlink Genetics Corp), Employment Agreement (Newlink Genetics Corp), Employment and Confidential Information Agreement (Servicesource International LLC)

ADEA Waiver and Release. Executive acknowledges You acknowledge that he is you are knowingly and voluntarily waiving and releasing any rights Executive you may have under the ADEA, as amended. Executive You also acknowledges acknowledge that the consideration given for the waiver and release in the preceding paragraph hereof is in addition to anything of value to which he was you were already entitled. Executive You further acknowledges acknowledge that he has you have been advised by this writing, as required by the ADEA, that: (a) Executive's your waiver and release does do not apply to any rights or claims that may arise after the execution date of this Agreement; (b) Executive has you have been advised hereby that you have the right to consult with an attorney prior to executing this Agreement; (c) Executive has been given you have twenty-one (21) days to consider this AgreementAgreement (although you may choose to voluntarily execute this Agreement earlier); (d) Executive has you have seven (7) days following the execution of this Agreement by the parties to revoke the Agreement; and (e) this Agreement will not be effective until the date upon which the revocation period has expired, which will be the eighth day after this Agreement is executed by Executiveyou, provided that the Employer Company has also executed this Agreement by that date ("Effective Date").

Appears in 2 contracts

Samples: Employment Agreement (Allos Therapeutics Inc), Healthetech Inc

ADEA Waiver and Release. Executive acknowledges Employee acknowledge that he is knowingly and voluntarily waiving and releasing any rights Executive he/ may have under the ADEA, as amended. Executive He also acknowledges that the consideration given for the waiver and release in the preceding paragraph hereof is in addition to anything of value to which he was already entitled. Executive He further acknowledges that he has been advised by this writing, as required by the ADEA, that: (a) Executive's this waiver and release does not apply to any rights or claims that may arise after the execution date of this Agreement; (b) Executive he has been advised that he has the right to consult with an attorney prior to executing this Agreement; (c) Executive he has been given [twenty-one (21) 21)/forty-five (45)] days to consider this Agreement; (d) Executive has Agreement and seven (7) days following the execution of this Agreement by the parties to revoke the Agreement; and (e) this Agreement will not be effective until the date upon which the revocation period has expired, which will be the eighth day after this Agreement is executed by Executivethe Employee, provided that the Employer Company has also executed this Agreement by that date ("the “Effective Date").

Appears in 2 contracts

Samples: Severance Agreement (Landos Biopharma, Inc.), Executive Employment Agreement (Landos Biopharma, Inc.)

ADEA Waiver and Release. Executive acknowledges I acknowledge that he is I am knowingly and voluntarily waiving and releasing any rights Executive I may have under the ADEA, as amended. Executive I also acknowledges acknowledge that the consideration given for the waiver and release in the preceding paragraph hereof is in addition to anything of value to which he I was already entitled. Executive I further acknowledges acknowledge that he has I have been advised by this writing, as required by the ADEA, that: (a) Executive's my waiver and release does not apply to any rights or claims that may arise after the execution date of this Agreement; (b) Executive has I have been advised that I have the right to consult with an attorney prior to executing this Agreement; (c) Executive has I have been given twenty-one (21) days to consider this Agreement; (d) Executive has I have seven (7) days following the execution of this Agreement by the parties to revoke the Agreement; and (e) this Agreement will not be effective until the date upon which the revocation period has expired, which will be the eighth day after this Agreement is executed by Executiveyou, provided that the Employer Company has also executed this Agreement by that date ("Effective Date").. The parties acknowledge and agree that revocation by Employee of the ADEA Waiver and Release is not effective to revoke Employee’s waiver or release of any other claims pursuant to this Agreement. By: /s/ Xxxxxxxxx XxXxxxxxx Date: 3/16/06

Appears in 2 contracts

Samples: Employment Agreement (Local Matters Inc.), Employment Agreement (Local Matters Inc.)

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ADEA Waiver and Release. Executive acknowledges I acknowledge that he is I am knowingly and voluntarily waiving and releasing any rights Executive I may have under the ADEA, as amended. Executive I also acknowledges acknowledge that the consideration given for the waiver and release in the preceding paragraph hereof is in addition to anything of value to which he I was already entitled. Executive I further acknowledges acknowledge that he has I have been advised by this writing, as required by the ADEA, that: (a) Executive's my waiver and release does not apply to any rights or claims that may arise after the execution date of this Agreement; (b) Executive has I have been advised that I have the right to consult with an attorney prior to executing this Agreement; (c) Executive has I have been given twenty-one (21) days to consider this Agreement; (d) Executive has I have seven (7) days following the execution of this Agreement by the parties to revoke the Agreement; and (e) this Agreement will not be effective until the date upon which the revocation period has expired, which will be the eighth day after this Agreement is executed by Executiveyou, provided that the Employer Company has also executed this Agreement by that date ("Effective Date").. The parties acknowledge and agree that revocation by Employee of the ADEA Waiver and Release is not effective to revoke Employee’s waiver or release of any other claims pursuant to this Agreement. By: /s/ Jxxxxxxxx XxXxxxxxx Date: 3/16/06

Appears in 1 contract

Samples: Employment Agreement (Local Matters Inc.)

ADEA Waiver and Release. Executive acknowledges I acknowledge that he is I am knowingly and voluntarily waiving and releasing any rights Executive I may have under the ADEA, as amended. Executive I also acknowledges acknowledge that the consideration given for the waiver and release in the preceding paragraph hereof is in addition to anything of value to which he I was already entitled. Executive I further acknowledges acknowledge that he has I have been advised by this writing, as required by the ADEA, that: (a) Executive's my waiver and release does not apply to any rights or claims that may arise after the execution date of this Agreement; (b) Executive has I have been advised that I have the right to consult with an attorney prior to executing this Agreement; (c) Executive has I have been given twenty-one (21) days to consider this Agreement; (d) Executive has I have seven (7) days following the execution of this Agreement by the parties to revoke the Agreement; and (e) this Agreement will not be effective until the date upon which the revocation period has expired, which will be the eighth day after this Agreement is executed by Executiveyou, provided that the Employer Company has also executed this Agreement by that date ("Effective Date").. The parties acknowledge and agree that revocation by you of the ADEA Waiver and Release is not effective to revoke your waiver or release of any other claims pursuant to this Agreement. By: Date: QuickLinks Exhibit 10.5

Appears in 1 contract

Samples: Employment Agreement (Local Matters Inc.)

ADEA Waiver and Release. Executive acknowledges that he is knowingly and voluntarily waiving and releasing any rights Executive may have under the ADEA, as amended. Executive also acknowledges that the consideration given for the waiver and release in the preceding paragraph hereof is in addition to anything of value to which he was already entitled. Executive further acknowledges that he has been advised by this writing, as required by the ADEA, that: (a) Executive's waiver and release does not apply to any rights or claims that may arise after the execution date of this Agreement; (b) Executive has the right to consult with an attorney prior to executing this Agreement; (c) Executive has been given twenty-one (21) days to consider this Agreement; (d) Executive has seven (7) days following the execution of this Agreement by the parties to revoke the Agreement; and (e) this Agreement will not be effective until the date upon which the revocation period has expired, which will be the eighth day after this Agreement is executed by Executive, provided that the Employer Company has also executed this Agreement by that date ("Effective Date").

Appears in 1 contract

Samples: Employment Agreement (Local Matters Inc.)

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