Common use of Age Discrimination in Employment Act Waiver Clause in Contracts

Age Discrimination in Employment Act Waiver. The waiver given below is given only in exchange for consideration which is in addition to anything of value to which Xxxxxxx is already entitled, the sufficiency of which is hereby acknowledged by Xxxxxxx. The waiver set forth below does not waive rights or claims which may arise after the date of execution of this Agreement. Xxxxxxx acknowledges that (i) this entire Agreement is written in a manner calculated to be understood by Xxxxxxx; (ii) that by reviewing this Agreement or drafts thereof he has been advised in writing to consult with an attorney before executing this Agreement, and (iii) he was given a period of 21 days within which to consider the Agreement, and (iv) to the extent he executes this Agreement before the expiration of the 21-day period, he does so knowingly and voluntarily and only after consulting with an attorney. Xxxxxxx shall have the right to cancel and revoke this Agreement during a period of 7 days following his execution of the Agreement and this Agreement shall not become effective, and no money shall be paid hereunder until the expiration of such 7-day period. Xxxxxxx or his counsel shall notify the Company’s counsel in writing of the date of the execution of this Agreement and shall send by fax ((000)000-0000) to Company’s counsel a signed and dated copy of the signature page signed by Xxxxxxx. The 7-day period of revocation shall commence upon the date of Xxxxxxx’x execution of this agreement. Within the 7-day revocation period, Xxxxxxx or his counsel shall forward to the Company and Company’s counsel a copy of this Agreement fully executed by Xxxxxxx. In order to revoke this Agreement, Xxxxxxx shall deliver to the Company, prior to the expiration of said 7-day period, a written notice of cancellation. In addition to the release set forth at Paragraph 15 hereof, Xxxxxxx hereby voluntarily and knowingly waives all rights or claims arising under the Federal Age Discrimination in Employment Act.

Appears in 1 contract

Samples: Separation Agreement (It Group Inc)

AutoNDA by SimpleDocs

Age Discrimination in Employment Act Waiver. The waiver given below is given only in exchange for consideration which is in addition to anything of value to which Xxxxxxx is Coffxxx xx already entitled, the sufficiency of which is hereby acknowledged by Xxxxxxx. The waiver set forth below does not waive rights or claims which may arise after the date of execution of this Agreement. Xxxxxxx acknowledges Coffxxx xxxnowledges that (iI) this entire Agreement is written in a manner calculated to be understood by XxxxxxxCoffxxx; (iixi) that by reviewing this Agreement or drafts thereof he has been advised in writing to consult with an attorney before executing this Agreement, and (iii) he was given a period of 21 days within which to consider the Agreement, and (iv) to the extent he executes this Agreement before the expiration of the 21-day period, he does so knowingly and voluntarily and only after consulting with an attorney. Xxxxxxx shall Coffxxx xxxll have the right to cancel and revoke this Agreement during a period of 7 days following his execution of the Agreement and this Agreement shall not become effective, and no money shall be paid hereunder until the expiration of such 7-day period. Xxxxxxx or Coffxxx xx his counsel shall notify the Company’s 's counsel in writing of the date of the execution of this Agreement and shall send by fax ((000)000412)000-0000) to xx Company’s 's counsel a signed and dated copy of the signature page signed by XxxxxxxCoffxxx. The Xxe 7-day period of revocation shall commence upon the date of Xxxxxxx’x execution Coffxxx'x xxxcution of this agreement. Within the 7-day revocation period, Xxxxxxx or Coffxxx xx his counsel shall forward to the Company and Company’s 's counsel a copy of this Agreement fully executed by XxxxxxxCoffxxx. In Xx order to revoke this Agreement, Xxxxxxx shall Coffxxx xxxll deliver to the Company, prior to the expiration of said 7-day period, a written notice of cancellation. In addition to the release set forth at Paragraph 15 13 hereof, Xxxxxxx hereby Coffxxx xxxeby voluntarily and knowingly waives all rights or claims arising under the Federal Age Discrimination in Employment Act.

Appears in 1 contract

Samples: Separation Agreement (International Technology Corp)

Age Discrimination in Employment Act Waiver. The waiver given below is given only in exchange for consideration which is in addition to anything of value to which Xxxxxxx is already entitled, the sufficiency of which is hereby acknowledged by Xxxxxxx. The waiver set forth below does not waive rights or claims which that may arise after the date of execution of this Agreement. Xxxxxxx acknowledges that (i) this entire Agreement paragraph is written in a manner calculated to be understood by Xxxxxxx; , (ii) that by reviewing this Agreement paragraph or drafts thereof he has been advised in writing to consult with an attorney before executing this Agreement, and (iii) he was given a period of 21 days within which to consider the Agreementthis paragraph, and (iv) to the extent he executes this Agreement Agreement, including this paragraph, before the expiration of the 21-21 day period, he does so knowingly and voluntarily and only after consulting with an attorneyvoluntarily. Xxxxxxx shall have the right to cancel and revoke this Agreement paragraph during a period of 7 seven days following his execution of the Agreement and this Agreement paragraph shall not become effective, and no money shall be paid hereunder to Xxxxxxx pursuant to this Agreement, until the expiration of such 7seven-day period. Xxxxxxx or his counsel shall notify the Companyperiod has expired without this paragraph’s counsel in writing of the date of the execution of this Agreement and shall send by fax ((000)000-0000) to Company’s counsel a signed and dated copy of the signature page signed by Xxxxxxxhaving been revoked. The 7seven-day period of revocation shall commence upon the date of Xxxxxxx’x execution of this agreementAgreement. Within the 7seven-day revocation period, Xxxxxxx or his counsel shall forward to the Company and Company’s counsel Zenith a copy of this Agreement fully executed by Xxxxxxx. In order to revoke this Agreementparagraph, Xxxxxxx shall deliver to the CompanyZenith, prior to the expiration of said 7seven-day period, a written notice of cancellation. In addition to the release set forth at Paragraph in paragraph 15 hereof, Xxxxxxx hereby voluntarily and knowingly waives all rights or claims arising under the Federal Age Discrimination in Employment Act.

Appears in 1 contract

Samples: Consulting Agreement (Zenith National Insurance Corp)

Age Discrimination in Employment Act Waiver. The waiver given below is given only in exchange for consideration which is in addition to anything of value to which Xxxxxxx Xxxxxxxxxxx is already entitled, the sufficiency of which is hereby acknowledged by XxxxxxxXxxxxxxxxxx. The waiver set forth below does not waive rights or claims which may arise after the date of execution of this Agreement. Xxxxxxx Xxxxxxxxxxx acknowledges that (i) this entire Agreement is written in a manner calculated to be understood by XxxxxxxXxxxxxxxxxx; (ii) that by reviewing this Agreement or drafts thereof he has been advised in writing to consult with an attorney before executing this Agreement, and (iii) he was given a period of 21 days within which to consider the Agreement, and (iv) to the extent he executes this Agreement before the expiration of the 21-day period, he does so knowingly and voluntarily and only after consulting with an attorney. Xxxxxxx Xxxxxxxxxxx shall have the right to cancel and revoke this Agreement during a period of 7 days following his execution of the Agreement and this Agreement shall not become effective, and no money shall be paid hereunder until the expiration of such 7-day period. Xxxxxxx Xxxxxxxxxxx or his counsel shall notify the Company’s counsel in writing of the date of the execution of this Agreement and shall send by fax ((000)000-0000) to Company’s counsel a signed and dated copy of the signature page signed by XxxxxxxXxxxxxxxxxx. The 7-day period of revocation shall commence upon the date of Xxxxxxx’x Xxxxxxxxxxx ’s execution of this agreement. Within the 7-day revocation period, Xxxxxxx Xxxxxxxxxxx or his counsel shall forward to the Company and Company’s counsel a copy of this Agreement fully executed by XxxxxxxXxxxxxxxxxx. In order to revoke this Agreement, Xxxxxxx Xxxxxxxxxxx shall deliver to the Company, prior to the expiration of said 7-day period, a written notice of cancellation. In addition to the release set forth at Paragraph 15 12 hereof, Xxxxxxx Xxxxxxxxxxx hereby voluntarily and knowingly waives all rights or claims arising under the Federal Age Discrimination in Employment Act.

Appears in 1 contract

Samples: Contract Termination Agreement

Age Discrimination in Employment Act Waiver. The waiver given below is given only in exchange for consideration which is in addition to anything of value to which Xxxxxxx Xxxx is already entitled, the sufficiency of which is hereby acknowledged by Xxxxxxx. The waiver set forth below does not waive rights or claims which may arise after the date of execution of this Agreement. Xxxxxxx Xxxx acknowledges that (i) this entire Agreement paragraph is written in a manner calculated to be understood by Xxxxxxx; Xxxx, (ii) that by reviewing this Agreement paragraph or drafts thereof he has been advised in writing to consult with an attorney before executing this Agreement, and (iii) he was given a period of 21 days within which to consider the Agreementthis paragraph, and (iv) to the extent he executes this Agreement Agreement, including this paragraph, before the expiration of the 21-21 day period, he does so knowingly and voluntarily and only after consulting with an attorney. Xxxxxxx Xxxx shall have the right to cancel and revoke this Agreement paragraph during a period of 7 seven days following his execution of the Agreement and this Agreement paragraph shall not become effective, and no money shall be paid hereunder hereunder, until the expiration of such 7-day period. Xxxxxxx or his counsel All other provisions of this Agreement shall become effective upon execution. Xxxx shall notify the Company’s 's counsel in writing of the date of the execution of this Agreement and shall send by fax ((000)000-0000) faxing to the Company’s 's counsel a signed and dated copy of the signature page signed by Xxxxxxxhim. The 7-day period of revocation shall commence upon the date of Xxxxxxx’x Xxxx' execution of this agreementAgreement. Within the 7-day revocation period, Xxxxxxx Xxxx or his counsel shall forward to the Company and the Company’s 's counsel a copy of this Agreement fully executed by XxxxxxxXxxx. In order to revoke this Agreementparagraph, Xxxxxxx Xxxx shall deliver to the Company, prior to the expiration of said 7-day period, a written notice of cancellation. In addition to the release set forth at Paragraph 15 in paragraph 10 hereof, Xxxxxxx Xxxx hereby voluntarily and knowingly waives all rights or claims arising under the Federal Age Discrimination in Employment Act. The consideration for this paragraph shall be the compensation due Xxxx with respect to the final month of the Consultancy Period.

Appears in 1 contract

Samples: Separation Agreement (Ross Technology Inc)

AutoNDA by SimpleDocs

Age Discrimination in Employment Act Waiver. The waiver given below is given only Xxxxxx hereby waives (a) any and all claims under the Age Discrimination in exchange for consideration which is in addition to anything Employment Act of value to which Xxxxxxx is already entitled1967, 29 U.S.C. ss. 000 XX XXx (xxx "XXXX Xxxxxx") Xxxxxx has against the sufficiency Company (and its related individuals and entities) as of which is hereby acknowledged by Xxxxxxx. The waiver set forth below does not waive rights or claims which may arise after the date of his execution of this Agreement; and (b) any and all such ADEA Claims in exchange for consideration. Xxxxxxx Xxxxxx acknowledges and agrees that (i) this entire Agreement is written in a manner calculated to be understood by Xxxxxxx; (ii) that by reviewing this Agreement or drafts thereof he has been been, and is hereby, advised in writing to consult with an attorney before concerning his waiver of his ADEA Claims prior to executing this Agreementit, and he has retained an attorney to provide him legal advice concerning his waiver of his ADEA Claims; (ii) he has been, and is hereby, advised that he has a period of twenty-one days to consider his waiver of his ADEA Claims; and (iii) he was given a period may revoke such waiver of 21 days within which to consider his ADEA Claims at any time during the Agreement, and (iv) to the extent he executes this Agreement before the expiration of the 21-day period, he does so knowingly and voluntarily and only after consulting with an attorney. Xxxxxxx shall have the right to cancel and revoke this Agreement during a period of 7 seven days following the date of his execution of the Agreement this Agreement, and this Agreement shall not become effective, and no money shall be paid hereunder effective or enforceable until the expiration of such 7-day period. Xxxxxxx or his counsel shall notify the Company’s counsel in writing of the date of the execution of this Agreement and shall send by fax ((000)000-0000) to Company’s counsel a signed and dated copy of the signature page signed by Xxxxxxxrevocation period has expired. The 7seven-day period of revocation shall commence upon the date of Xxxxxxx’x the Xxxxxx'x execution of this agreement. Within the 7-day revocation period, Xxxxxxx or his counsel shall forward to the Company and Company’s counsel a copy of this Agreement fully executed by XxxxxxxAgreement. In order to revoke this Agreementhis waiver of his ADEA Claims, Xxxxxxx Xxxxxx shall deliver to the Company's counsel, prior to the expiration of said 7seven-day period, a written notice of cancellation. In addition If Xxxxxx does revoke his waiver of his ADEA Claims, the amounts to the release set forth at Paragraph 15 hereof, Xxxxxxx hereby voluntarily and knowingly waives all rights or claims arising be paid to Xxxxxx under the Federal Age Discrimination in Employment ActSection 4(a) shall be reduced by ten-percent.

Appears in 1 contract

Samples: Consulting Agreement (Anchor Gaming)

Age Discrimination in Employment Act Waiver. The waiver given below ------------------------------------------- is given only in exchange for consideration which is in addition to anything of value to which Xxxxxxx Executive is already entitled, the sufficiency of which is hereby acknowledged by Xxxxxxx. The waiver set forth below does not waive rights or claims claims, which may arise after the date of execution of this Agreement. Xxxxxxx Executive acknowledges that (i) this entire Agreement paragraph is written in a manner calculated to be understood by Xxxxxxx; Executive, (ii) that by reviewing this Agreement paragraph or drafts thereof he has been advised in writing to consult with an attorney before executing this Agreement, and (iii) he was given a period of 21 days within which to consider the Agreementthis paragraph, and (iv) to the extent he executes this Agreement Agreement, including this paragraph, before the expiration of the 21-21 day period, he does so knowingly and voluntarily and only after consulting with an attorney. Xxxxxxx Executive shall have the right to cancel and revoke this Agreement paragraph during a period of 7 seven days following his execution of the Agreement and this Agreement paragraph shall not become effective, and no money shall be paid hereunder hereunder, until the expiration of such 7seven-day period. Xxxxxxx or his counsel Executive shall notify the Company’s 's counsel in writing of the date of the his execution of this Agreement and shall send by fax ((000)000-0000) faxing to Company’s 's counsel a signed and dated copy of the signature page signed by Xxxxxxxhim. The 7seven-day period of revocation shall commence upon the date of Xxxxxxx’x Executive's execution of this agreementAgreement. Within the 7seven-day revocation period, Xxxxxxx or his Executive's counsel shall forward to the Company and Company’s 's counsel a copy of this Agreement fully executed by XxxxxxxExecutive. In order to revoke this Agreementparagraph, Xxxxxxx Executive shall deliver to the Company's counsel, prior to the expiration of said 7seven-day period, a written notice of cancellation. In addition to the release set forth at Paragraph 15 in paragraph 6 hereof, Xxxxxxx Executive hereby voluntarily and knowingly waives all rights or claims arising under the Federal Age Discrimination in Employment Act. The consideration for this release of any federal age claims Executive may have shall be the continued vesting of certain of Executive's shares as provided in paragraph 4.

Appears in 1 contract

Samples: Separation and Consulting Agreement (Carsdirect Com Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.