Advice; Voluntary Agreement; Right to Revoke Sample Clauses

Advice; Voluntary Agreement; Right to Revoke. Employee acknowledges that he has been advised to consult an attorney of his choice regarding the terms of this Agreement. Employee acknowledges that the consideration offered in this Agreement is consideration to which he is not otherwise entitled and that it is adequate consideration for the release and other covenants herein. Employee also acknowledges that he had up to 21 days from Employee's receipt of this Agreement in which to consider its' terms and conditions and to execute it. The terms offered in this Agreement are available to be accepted by the Employee by signing and delivering to the Company a copy of this Agreement at any time on or before July __, 2013. After signing the Agreement, Employee will also have seven (7) days within which Employee can change his mind and revoke the Agreement by notifying the Chair of the Board of Directors of the Company, in writing, of Employee's revocation. However, in the event Employee revokes this Agreement, all terms and conditions of the Agreement, including the Company's duty to continue payment of health plan premiums, shall become void and of no effect. 5. No Wrongdoing by the Employee or the Company It is understood and agreed that nothing in this Agreement, nor the fact of settlement, constitutes an admission of any liability, violation of law or wrongdoing of any kind or nature whatsoever on the part of either the Company or Employee. Employee represents and warrants that Employee is not aware of any unreported violations of law or other unlawful behavior. 6. Enforcement of the Release It is understood and agreed that no release, waiver or other promise set forth in the Agreement shall be construed to prohibit either the Company or Employee from enforcing the terms of this Agreement in a court of competent jurisdiction. No failure or delay on the part of any party exercising any power or right under this Agreement shall operate as a waiver thereof, and no single or partial exercise of any such right or power shall preclude any other or further exercise thereof, or the exercise of any other right or power under this Agreement. 7. Entire Agreement The Parties agree that this Agreement sets forth the entire agreement between the Parties relating to the subject matter herein and fully supersedes any and all prior and contemporaneous oral and written agreements or understandings between them which are not specifically incorporated herein. The Company has made no promises to Employee other than those set ...
Sample 1
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Advice; Voluntary Agreement; Right to Revoke. Employee acknowledges that he has been advised to consult an attorney of his choice regarding the terms of this Agreement. Employee acknowledges that the consideration offered in this Agreement is consideration to which he is not otherwise entitled and that it is adequate consideration for the release and other covenants herein. Employee also acknowledges that he had up to 21 days from Employee's receipt of this Agreement in which to consider its' terms and conditions and to execute it. The terms offered in this Agreement are available to be accepted by the Employee by signing and delivering to the Company a copy of this Agreement at any time on or before July __, 2013. After signing the Agreement, Employee will also have seven (7) days within which Employee can change his mind and revoke the Agreement by notifying the Chair of the Board of Directors of the Company, in writing, of Employee's revocation. However, in the event Employee revokes this Agreement, all terms and conditions of the Agreement, including the Company's duty to continue payment of health plan premiums, shall become void and of no effect.
Sample 1

Related to Advice; Voluntary Agreement; Right to Revoke

  • Right to Revoke Employee may revoke this Agreement by notice to Company, in writing, received within seven (7) days of the date of its execution by Employee (the “Revocation Period”). Employee agrees that Employee will not receive the benefits provided by this Agreement if Employee revokes this Agreement. Employee also acknowledges and agrees that if Company has not received from Employee notice of Employee’s revocation of this Agreement prior to the expiration of the Revocation Period, Employee will have forever waived Employee’s right to revoke this Agreement, and this Agreement shall thereafter be enforceable and have full force and effect.

  • Termination and Waiver of Rights of First Refusal The rights of first refusal established by this Section 4 shall not apply to, and shall terminate upon the earlier of (i) the effective date of the registration statement pertaining to the Company’s Initial Offering or (ii) an Acquisition. Notwithstanding Section 5.5 hereof, the rights of first refusal established by this Section 4 may be amended, or any provision waived with and only with the written consent of the Company and the Major Investors holding a majority of the Registrable Securities held by all Major Investors, or as permitted by Section 5.5.

  • Agreement to Release My Claims In exchange for the consideration described in the Agreement, I give up and release all of My Claims. I will not make any demands or claims against the Company for compensation or damages relating to My Claims. The consideration that I am receiving is a fair compromise for the release of My Claims.

  • Termination of Right of First Offer Subject to the following provisions of this Section C, the rights of Tenant hereunder with respect to the Offering Space shall terminate on the earlier to occur of: (i) Tenant’s failure to exercise its Right of First Offer within the seven (7)-day period provided in Section A above; and (iii) the date Landlord would have provided Tenant an ROFO Advice if Tenant had not been in violation of one or more of the conditions set forth in Section A above. If Tenant does not timely exercise its Right of First Offer pursuant to this Section VII, Tenant shall have no further right to lease the Offering Space pursuant to this Section VII, except that (x) before Landlord makes or accepts an offer to lease such Offering Space to a bona fide prospect at an Annual Fixed Rent less than 95% of that set forth in the most recently delivered ROFO Advice or (y) if Landlord has not entered into a lease for such Offering Space within three (3) months after the date (the “Refusal Date”) on which Tenant elects, or is deemed to have elected, not to exercise its right to lease such Offering Space pursuant to the most recently delivered ROFO Advice, then, in either such case, Landlord shall again offer to lease such Offering Space to Tenant pursuant to the provisions of this Section VII, and the terms of this Section VII shall continue to apply to such Offering Space, except that Tenant shall have three (3) Business Days to respond to such offer in the event of a re-offer pursuant to clause (x) above (but Tenant shall have seven (7) days to respond to any re-offer pursuant to clause (y) above). Notwithstanding the foregoing, if, on or before the date that is thirty (30) days after any applicable Refusal Date, Landlord enters into a letter of intent to lease such Offering Space and gives Tenant written notice thereof identifying the other party to such letter of intent (the “Deal Notice”), then Landlord shall have one hundred twenty (120) days after the date of the Deal Notice to enter into a lease with the bona fide prospect identified in the Deal Notice before Tenant’s Right of First Offer with respect to such Offering Space shall re-accrue under clause (y) above (but this shall not affect any potential re-accrual of such right under clause (x) above). After Landlord has leased the Offering Space to a third party in accordance with the provisions of this Section VII, Tenant shall have no further right to lease such Offering Space pursuant to this Section VII.

  • Termination of Right of First Refusal The Right of First Refusal shall terminate as to any Shares upon the earlier of (i) the first sale of Common Stock of the Company to the general public, or (ii) a Change in Control in which the successor corporation has equity securities that are publicly traded.

  • Termination of Rights The Right of First Refusal and the Company's right to repurchase the Shares in the event of an involuntary transfer pursuant to Section 3(c) above shall terminate upon the first sale of Common Stock of the Company to the general public pursuant to a registration statement filed with and declared effective by the Securities and Exchange Commission under the Securities Act of 1933, as amended (the "Securities Act"). Upon termination of the Right of First Refusal and the expiration or exercise of the Repurchase Option, a new certificate or certificates representing the Shares not repurchased shall be issued, on request, without the legend referred to in Section 6(a)(ii) below and delivered to Purchaser.

  • Reservation of Right to Revise Structure Buyer may at any time change the method of effecting the business combination contemplated by this Agreement if and to the extent that it deems such a change to be desirable; provided, however, that no such change shall (a) alter or change the amount of the consideration to be issued to holders of Company Common Stock as merger consideration as currently contemplated in this Agreement, (b) reasonably be expected to materially impede or delay consummation of the Merger, (c) adversely affect the federal income tax treatment of holders of Company Common Stock in connection with the Merger, or (d) require submission to or approval of the Company’s shareholders after the plan of merger set forth in this Agreement has been approved by the Company’s shareholders. In the event that Buyer elects to make such a change, the parties agree to execute appropriate documents to reflect the change.

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