Common use of ADEA Waiver and Release Clause in Contracts

ADEA Waiver and Release. If I am 40 years of age or older as of the Termination Date, I acknowledge that I am knowingly and voluntarily waiving and releasing any rights I may have under the federal Age Discrimination in Employment Act of 1967 (as amended) (the “ADEA”). I acknowledge that the consideration given for this waiver and release is in addition to anything of value to which I was already entitled. I further acknowledge that I have been advised by this writing, as required by the ADEA, that: (a) this Release does not apply to any rights or claims that arise after the date I sign it; (b) I should consult with an attorney before signing this Release; (c) I have twenty-one (21) days to consider this Release (although I may choose to voluntarily sign it sooner); (d) I have seven (7) days after the date I sign this Release to revoke my acceptance of it (by sending written notice of such revocation to the Company); and (e) this Release will not be effective until the date upon which this revocation period has expired unexercised, which will be the eighth (8th) day after I sign this Release (assuming I do not earlier revoke my acceptance of it).

Appears in 4 contracts

Samples: Executive Employment Agreement (KL Energy Corp), Executive Employment Agreement (KL Energy Corp), Executive Employment Agreement (Omni Bio Pharmaceutical, Inc.)

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ADEA Waiver and Release. If I am 40 over forty (40) years of age or older as of the Termination Date, Separation Date and I acknowledge that I am knowingly and voluntarily waiving and releasing any rights I may have under the federal Age Discrimination in Employment Act of 1967 (as amended) (the “ADEA”). I acknowledge that the consideration given for this waiver and release is in addition to anything of value to which I was already entitled. I further acknowledge that I have been advised by this writing, as required by the ADEA, that: (a) this Release does not apply to any rights or claims that arise after the date I sign it; (b) I should consult with an attorney before signing this Release; (c) I have been provided at least twenty-one (21) days to consider this Release (although I may choose to voluntarily sign it sooner)Release; (d) I have seven (7) days after the date I sign this Release to revoke my acceptance of it (by sending written notice of such revocation to the Company); and (e) this Release will not be effective until the date upon which this revocation period has expired unexercised, which which, assuming I do not earlier revoke my acceptance of it, will be the eighth (8th) day after I sign this Release (assuming I do not earlier revoke my acceptance of itthe “Subsequent Release Effective Date”).

Appears in 1 contract

Samples: Executive Separation Agreement (Owens & Minor Inc/Va/)

ADEA Waiver and Release. If I am 40 years of age or older as of the Termination Date, I acknowledge that I am knowingly and voluntarily waiving and releasing any rights I may have concerning age discrimination under the federal Age Discrimination in Employment Act of 1967 (ADEA and FEHA, as amended) (the “ADEA”). I also acknowledge that the consideration given for this the waiver and release in the preceding paragraph hereof is in addition to anything of value to which I was already entitled. I further acknowledge that I have been advised by this writing, as required by the ADEA, that: (a) this Release my waiver and release does not apply to any rights or claims that may arise after the execution date I sign itof this Agreement; (b) I should have been advised that I have the right to consult with an attorney before signing prior to executing this ReleaseAgreement; (c) I have been given twenty-one (21) days to consider this Release (although I may choose to voluntarily sign it sooner)Agreement; (d) I have seven (7) days after following the date I sign execution of this Release Agreement by the parties to revoke my acceptance of it (by sending written notice of such revocation to the Company)Agreement; and (e) this Release Agreement will not be effective until the date upon which this the revocation period has expired unexercisedexpired, which will be the eighth (8th) day after I sign this Release Agreement is executed by you, provided that the Company has also executed this Agreement by that date (assuming I do not earlier revoke my acceptance of it“Effective Date”).

Appears in 1 contract

Samples: Letter Agreement (Viewsonic Corp)

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ADEA Waiver and Release. If I am over 40 years of age or older as of the Termination Date, Separation Date and I acknowledge that I am knowingly and voluntarily waiving and releasing any rights I may have under the federal Age Discrimination in Employment Act of 1967 (as amended) (the “ADEA”). I acknowledge that the consideration given for this waiver and release is in addition to anything of value to which I was already entitled. I further acknowledge that I have been advised by this writing, as required by the ADEA, that: (a) this Release does not apply to any rights or claims that arise after the date I sign it; (b) I should consult with an attorney before signing this Release; (c) I have twenty-one been provided at least twenty‐one (21) days to consider this Release (although I may choose to voluntarily sign it sooner)Release; (d) I have seven (7) days after the date I sign this Release to revoke my acceptance of it (by sending written notice of such revocation to the Company); and (e) this Release will not be effective until the date upon which this revocation period has expired unexercised, which which, assuming I do not earlier revoke my acceptance of it, will be the eighth (8th) day after I sign this Release (assuming I do not earlier revoke my acceptance of itthe “Subsequent Release Effective Date”).

Appears in 1 contract

Samples: Owens & Minor Inc/Va/

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