Common use of Advice of Counsel; Revocation Period Clause in Contracts

Advice of Counsel; Revocation Period. The Executive is hereby advised to seek the advice of counsel prior to signing this Release. The Executive hereby acknowledges that the Executive is acting of his own free will, that he has been afforded a reasonable time to read and review the terms of this Release, and that he is voluntarily executing this Release with full knowledge of its provisions and effects. The Executive further acknowledges that he has been given at least [TWENTY-ONE (21)/FORTY-FIVE (45)]1 days within which to consider this Release and that he has SEVEN (7) days following his execution of this Release to revoke his acceptance, with this Release not becoming effective until the 7-day revocation period has expired. If the Executive elects to revoke his acceptance of this Release, this Release shall not become effective and the Executive must provide written notice of such revocation by certified mail (postmarked no later than seven (7) days after the date the Executive accepted this Release) to the Company’s principal office and addressed to the attention of the Board.

Appears in 2 contracts

Samples: Employment Agreement (Amrep Corp.), Change in Control Agreement (Amrep Corp.)

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Advice of Counsel; Revocation Period. The Executive is hereby advised to seek the advice of counsel prior to signing this Release. The Executive hereby acknowledges that the Executive is acting of his own free will, that he has been afforded a reasonable time to read and review the terms of this Release, and that he is voluntarily executing this Release with full knowledge of its provisions and effects. The Executive further acknowledges that he has been given at least [TWENTY-ONE (21)/FORTY-FIVE (45)]1 45)](1) days within which to consider this Release and that he has SEVEN (7) days following his execution of this Release to revoke his acceptance, with this Release not becoming effective until the 7-day revocation period has expired. If the Executive elects to revoke his acceptance of this Release, this Release shall not become effective and the Executive must provide written notice of such revocation by certified mail (postmarked no later than seven (7) days after the date the Executive accepted this Release) to the Company’s principal office and addressed to the attention of the Board.

Appears in 2 contracts

Samples: Employment Agreement (TELA Bio, Inc.), Employment Agreement (TELA Bio, Inc.)

Advice of Counsel; Revocation Period. The Executive Employee is hereby advised to seek the advice of counsel prior to signing this Release. The Executive Employee hereby acknowledges that the Executive Employee is acting of his his/her own free will, that he has been afforded a reasonable time to read and review the terms of this Release, and that he he/she is voluntarily executing this Release with full knowledge of its provisions and effects. The Executive Employee further acknowledges that he he/she has been given at least [TWENTY-ONE (21)/FORTY-FIVE (45)]1 21) days within which to consider this Release and that he he/she has SEVEN (7) days following his execution of this Release to revoke his his/her acceptance, with this Release not becoming effective until the 7-day revocation period has expired. If the Executive Employee elects to revoke his acceptance of this Release, this Release shall not become effective and the Executive Employee must provide written notice of such revocation by certified mail (postmarked no later than seven (7) days after the date the Executive Employee e accepted this Release) to the Company’s principal office and addressed to the attention of the Board.

Appears in 2 contracts

Samples: Severance Agreement (Pieris Pharmaceuticals, Inc.), Severance Agreement (Pieris Pharmaceuticals, Inc.)

Advice of Counsel; Revocation Period. The Executive is hereby advised to seek the advice of counsel prior to signing this Release. The Executive hereby acknowledges that the Executive is acting of his own free will, that he has been afforded a reasonable time to read and review the terms of this Release, and that he is voluntarily executing this Release with full knowledge of its provisions and effects. The Executive further acknowledges that he has been given at least [TWENTY-ONE (21)/FORTY21)/F0RTY-FIVE (45)]1 45)](1) days within which to consider this Release and that he has SEVEN (7) days following his execution of this Release to revoke his acceptance, with this Release not becoming effective until the 7-day revocation period has expired. If the Executive elects to revoke his acceptance of this Release, this Release shall not become effective and the Executive must provide written notice of such revocation by certified mail (postmarked no later than seven (7) days after the date the Executive accepted this Release) to the Company’s principal office and addressed to the attention of the Board.

Appears in 2 contracts

Samples: Employment Agreement (TELA Bio, Inc.), Employment Agreement (TELA Bio, Inc.)

Advice of Counsel; Revocation Period. The Executive is hereby advised to seek the advice of counsel prior to signing this Release. The Executive hereby acknowledges that the Executive is acting of his own free will, that he has been afforded a reasonable time to read and review the terms of this Release, and that he is voluntarily executing this Release with full knowledge of its provisions and effects. The Executive further acknowledges that he has been given at least [TWENTY-ONE (21)/FORTY21)][FORTY-FIVE (45)]1 45)] days within which to consider this Release and that he has SEVEN (7) days following his execution of this Release to revoke his acceptance, with this Release not becoming effective until the 7-day revocation period has expired. If the Executive elects to revoke his acceptance of this Release, this Release shall not become effective and the Executive must provide written notice of such revocation by certified mail (postmarked no later than seven (7) days after the date the Executive accepted this Release) to the Company’s principal office and addressed to the attention of the Board.to: Egalet Corporation 000 Xxxxxxxxxx Xxxxx Xxxxxxx, XX 00000 Attention: Chief Executive Officer

Appears in 2 contracts

Samples: Employment Agreement (Egalet Corp), Employment Agreement (Egalet Corp)

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Advice of Counsel; Revocation Period. The Executive is hereby advised to seek the advice of counsel prior to signing this Release. The Executive hereby acknowledges that the Executive is acting of his own free will, that he has been afforded a reasonable time to read and review the terms of this Release, and that he is voluntarily executing this Release with full knowledge of its provisions and effects. The Executive further acknowledges that he has been given at least [TWENTY-ONE (21)/FORTY-FIVE (45)]1 21) days within which to consider this Release and that he has SEVEN (7) days following his execution of this Release to revoke his acceptance, with this Release not becoming effective until the 7-day seven (7)-day revocation period has expired. If the Executive elects to revoke his acceptance of this Release, this Release shall not become effective and the Executive must provide written notice of such revocation by United States mail, certified mail (postmarked no later than seven (7) days after the date the Executive accepted this Release) or registered with return receipt requested, or by a nationally recognized overnight courier service, to the Company’s principal office and addressed Company to the attention of its Legal Department at the Boardaddress of its principal executive office.

Appears in 1 contract

Samples: Executive Employment Agreement (Alpha Healthcare Acquisition Corp Iii)

Advice of Counsel; Revocation Period. The Executive is hereby advised to seek the advice of counsel prior to signing this Release. The Executive hereby acknowledges that the Executive is acting of his own free will, that he has been afforded a reasonable time to read and review the terms of this Release, and that he is voluntarily executing this Release with full knowledge of its provisions and effects. The Executive further acknowledges that he has been given at least [TWENTY-ONE (21)/FORTY-FIVE (45)]1 21) days within which to consider this Release and that he has SEVEN (7) days following his execution of this Release to revoke his acceptance, with this Release not becoming effective until the 7-day revocation period has expired. If the Executive elects to revoke his acceptance of this Release, this Release shall not become effective and the Executive must provide written notice of such revocation by certified mail (postmarked no later than seven (7) days after the date the Executive accepted this Release) to the Company’s principal office and addressed to the attention of the Board.

Appears in 1 contract

Samples: Employment Agreement (Pieris Pharmaceuticals, Inc.)

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