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

Advice of Counsel; Revocation Period. Employee is hereby advised to seek the advice of counsel. Employee acknowledges that he has, in fact, sought the advice of counsel, and is acting of his own free will, that the Employee has been afforded a reasonable time to read and review the terms of Release, and that the Employee is voluntarily entering into this Release with full knowledge of its provisions and effects. Employee intends that this Release shall not be subject to any claim for duress. Employee further acknowledges that the Employee has been given at least twenty-one (21) days within which to consider this Release and that if the Employee decides to execute this Release before the twenty-one day period has expired, the Employee does so voluntarily and waives the opportunity to use the full review period. The Employee also acknowledges that the Employee has seven (7) days following his execution of this Release to revoke acceptance of the Release of age discrimination claims, with the Release of age discrimination claims not becoming effective until the revocation period has expired. If the Employee chooses to revoke his acceptance of this Release, he should provide written notice to: Xxxxxxx X. Xxxxxx, Esquire Xxxxxx Xxxxxxxx, LLP 000 Xxxxxx Xxxx 000 Xxxxxxx Xxxx Xxxxxx, XX 00000-0000

Appears in 2 contracts

Samples: Separation Agreement and General Release (Daou Systems Inc), Separation Agreement and General Release (Daou Systems Inc)

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Advice of Counsel; Revocation Period. Employee Executive is hereby advised to seek the advice of counsel. Employee Executive acknowledges that he has, in fact, sought the advice of counsel, and is acting of his own free will, that the Employee Executive has been afforded a reasonable time to read and review the terms of this Agreement and the Release, and that the Employee Executive is voluntarily entering into this Agreement and the Release with full knowledge of its provisions and effects. Employee Executive intends that this Agreement and the Release shall not be subject to any claim for duress. Employee Executive further acknowledges that the Employee Executive has been given at least twenty-one (21) days within which to consider this the Release and that if the Employee Executive decides to execute this Agreement and the Release before the twenty-one day period has expired, the Employee Executive does so voluntarily and waives the opportunity to use the full review period. The Employee Executive also acknowledges that the Employee he has seven (7) days following his execution of this Agreement and the Release to revoke acceptance of the Release of age discrimination claims, with the Release of age discrimination claims not becoming effective until the revocation period has expired. If the Employee Executive chooses to revoke his acceptance of this the Release, he should provide written notice to: Xxxxxxx X. XxxxxxXxxxxxxx Xxxx, Esquire Xxxxxx Xxxxxxxx, Xxxxxxxx LLP 000 Xxxxxx Xxxxxxx Xxxx 000 Xxxxxxx Xxxxxx Xxxx Xxxxxx, XX 00000-0000

Appears in 1 contract

Samples: Transition Agreement and Release (Orasure Technologies Inc)

Advice of Counsel; Revocation Period. Employee Executive is hereby ------------------------------------ advised to seek the advice of counsel. Employee Executive acknowledges that he has, in fact, sought the advice of counsel, and is acting of his own free will, that the Employee Executive has been afforded a reasonable time to read and review the terms of the Release, and that the Employee Executive is voluntarily entering into this Release with full knowledge of its provisions and effects. Employee Executive intends that this Release shall not be subject to any claim for duress. Employee Executive further acknowledges that the Employee Executive has been given at least twenty-one (21) days within which to consider this Release and that if the Employee Executive decides to execute this Release before the twenty-one day period has expired, the Employee Executive does so voluntarily and waives the opportunity to use the full review period. The Employee Executive also acknowledges that the Employee he has seven (7) days following his execution of this Release to revoke acceptance of the Release of age discrimination claims, with the Release of age discrimination claims not becoming effective until the revocation period has expired. If the Employee Executive chooses to revoke his acceptance of this Release, he should provide written notice to: Xxxxxxx X. Xxxxxx, Esquire Xxxxxx Xxxxxxxx, Xxxxxxxx LLP 000 Xxxxxx Xxxxxxx Xxxx 000 Xxxxxxx Xxxxxx Xxxx Xxxxxx, XX 00000-0000

Appears in 1 contract

Samples: Separation Agreement and Release (Orasure Technologies Inc)

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Advice of Counsel; Revocation Period. Employee is hereby advised to seek the advice of counsel. Employee acknowledges that he has, in fact, sought the advice of counsel, and is acting of his own free will, that the Employee has been afforded a reasonable time to read and review the terms of the Release, and that the Employee is voluntarily entering into this Release with full knowledge of its provisions and effects. Employee intends that this Release shall not be subject to any claim for duress. Employee further acknowledges that the Employee has been given at least twenty-one (21) days within which to consider this Release and that if the Employee decides to execute this Release before the twenty-one day period has expired, the Employee does so voluntarily and waives the opportunity to use the full review period. The Employee also acknowledges that the Employee has seven (7) days following his execution of this Release to revoke acceptance of the Release of age discrimination claims, with the Release of age discrimination claims not becoming effective until the revocation period has expired. If the Employee chooses to revoke his acceptance of this Release, he should provide written notice to: Xxxxxxx X. Xxxxxx, Esquire Xxxxxx Xxxxxxxx, LLP 000 Xxxxxx Xxxx 000 Xxxxxxx Xxxx Xxxxxx, XX 00000-0000

Appears in 1 contract

Samples: Separation Agreement and General Release (Daou Systems Inc)

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