Common use of Age Discrimination in Employment Act Clause in Contracts

Age Discrimination in Employment Act. Xxxxx hereby acknowledges and agrees that this Agreement and the termination of Xxxxx’x employment and all actions taken in connection therewith are in compliance with the Age Discrimination in Employment Act and the Older Workers Benefit Protection Act and that the release set forth in paragraph 7 hereof shall be applicable, without limitation, to any claims brought under these Acts. Xxxxx further acknowledges and agrees that: a. The release given by Xxxxx in this Agreement is given solely in exchange for the consideration set forth in this Agreement and such consideration is in addition to anything of value which Xxxxx was entitled to receive prior to entering into this Agreement; b. By entering into this Agreement, Xxxxx does not waive rights or claims that may arise after the date this Agreement is executed; x. Xxxxx has been advised to consult an attorney prior to entering into this Agreement, and this provision of the Agreement satisfies the requirement of the Older Workers Benefit Protection Act that Xxxxx be so advised in writing; x. Xxxxx has been offered twenty-one (21) days from receipt of this Agreement within which to consider the terms of this Agreement; and e. For a period of seven (7) days following Xxxxx’x execution of this Agreement, he may revoke this Agreement and this Agreement shall not become effective or enforceable until such seven (7) day period has expired.

Appears in 1 contract

Samples: Severance Agreement (Aerosonic Corp /De/)

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Age Discrimination in Employment Act. Xxxxx Employee hereby acknowledges and agrees that this Agreement and the termination of Xxxxx’x Employee’s employment and all actions taken in connection therewith are in compliance with the Age Discrimination in Employment Act and the Older Workers Benefit Workers’ Benefits Protection Act and that the release releases and waivers set forth in paragraph 7 hereof this Agreement shall be applicable, without limitation, to any claims brought under these Acts. Xxxxx Employee further acknowledges and agrees that: a. (a) The release given by Xxxxx Employee in this Agreement is given solely in exchange for the consideration set forth in this Agreement and such consideration from the Company is in addition to anything of value which Xxxxx that Employee was entitled to receive prior to entering into this Agreement; b. (b) By entering into this Agreement, Xxxxx Employee does not waive rights or claims that may arise after the effective date of this Agreement is executedAgreement; x. Xxxxx (c) Employee has been advised to consult with an attorney prior to entering into executing this Agreement, and this provision of the this Agreement satisfies the requirement of the Age Discrimination in Employment Act and the Older Workers Workers’ Benefit Protection Act that Xxxxx Employee be so advised to consult an attorney in writing;; and x. Xxxxx (d) Employee has been offered twenty-one (21) days from receipt of this Agreement within which to consider the terms of this Agreement; and e. For a period of seven (7) days following Xxxxx’x execution of this Agreement, he may revoke this Agreement and this Agreement shall not become effective or enforceable until such seven (7) day period has expired.

Appears in 1 contract

Samples: General Release Agreement (Remark Media, Inc.)

Age Discrimination in Employment Act. Xxxxx Employee hereby acknowledges and agrees that this Agreement and the termination of Xxxxx’x Employee’s employment and all actions taken in connection therewith are in compliance with the Age Discrimination in Employment Act and the Older Workers Benefit Protection Act and that the release releases set forth in paragraph 7 Section 9 hereof shall be applicable, without limitation, to any claims brought under these Acts. Xxxxx Employee further acknowledges and agrees that: a. The release given by Xxxxx Employee in this Agreement is given solely in exchange for the consideration set forth in Section 3 of this Agreement and such consideration is in addition to anything of value which Xxxxx Employee was entitled to receive prior to entering into this Agreement; b. By entering into this Agreement, Xxxxx Employee does not waive rights or claims that may arise after the date this Agreement is executed; x. Xxxxx c. Employee has been advised to consult an attorney prior to entering into this Agreement, and this provision of the Agreement satisfies the requirement of the Older Workers Benefit Protection Act that Xxxxx Employee be so advised in writing; x. Xxxxx d. Employee has been offered twenty-one (21) days from receipt of this Agreement within which to consider the terms of this Agreement; and e. For a period of seven (7) days following Xxxxx’x Employee’s execution of this Agreement, he Employee may revoke this Agreement and this Agreement shall not become effective or enforceable until such seven (7) day period has expired.

Appears in 1 contract

Samples: Separation Agreement (Transcommunity Financial Corp)

Age Discrimination in Employment Act. Xxxxx Employee hereby acknowledges and agrees that this Agreement and the termination of Xxxxx’x Employee's employment and all actions taken in connection therewith are in compliance with the Age Discrimination in Employment Act and the Older Workers Workers' Benefit Protection Act and that the release releases set forth in paragraph 7 hereof this Agreement shall be applicable, without limitation, to any claims brought under these Acts. Xxxxx Employee further acknowledges and agrees that: a. (a) The release given by Xxxxx Employee in this Agreement is given solely in exchange for the consideration set forth in Paragraphs 2(a), 2(b) and 2(c) of this Agreement and such consideration is in addition to anything of value which Xxxxx Employee was entitled to receive prior to entering into this Agreement; b. (b) By entering into this Agreement, Xxxxx Employee does not waive rights or claims that may arise after the date this Agreement is executed; x. Xxxxx (c) Employee has been advised to consult an attorney prior to entering into this Agreement, and this provision of the this Agreement satisfies the requirement of the Older Workers Workers' Benefit Protection Act that Xxxxx Employee be so advised in writing; x. Xxxxx (d) Employee has been offered twentyforty-one five (2145) days from receipt of this Agreement on October 8, 2001 within which to consider the terms of this Agreement; and e. (e) For a period of seven (7) days following Xxxxx’x execution of this Agreement, he the Employee or the Company may revoke this Agreement Agreement, and this Agreement shall not become effective or enforceable until such seven (7) day 7)-day period has expired.

Appears in 1 contract

Samples: Settlement Agreement (Verilink Corp)

Age Discrimination in Employment Act. Xxxxx hereby acknowledges Executive acknowledges, understands and agrees that this Agreement and the termination of Xxxxx’x Executive’s employment and all actions taken in connection therewith are in compliance with the Age Discrimination in Employment Act (“ADEA”) and the Older Workers Benefit Protection Act (“OWBPA”) and that the release releases set forth in paragraph 7 Section 9 hereof shall be applicable, without limitation, to any claims brought under these Acts. Xxxxx Executive further acknowledges acknowledges, understands and agrees that: a. The (a) the release given by Xxxxx Executive in this Agreement is given solely in exchange for the consideration set forth in Section 4 of this Agreement and such consideration is in addition to anything of value which Xxxxx Executive was entitled to receive prior to entering into this Agreement; b. By (b) by entering into this Agreement, Xxxxx Executive does not waive rights or claims that may arise after the date this Agreement is executed; x. Xxxxx (c) Executive has been advised to consult an attorney prior to entering into this Agreement, and this provision of the this Agreement satisfies the requirement of the Older Workers Benefit Protection Act OWBPA that Xxxxx Executive be so advised in writing; x. Xxxxx (d) Executive has been offered twenty-one (21) days from his receipt of this Agreement within which to consider the terms of this Agreement; and e. For (e) for a period of seven (7) days following Xxxxx’x Executive’s execution of this Agreement, he Executive or Employer may revoke this Agreement by delivering written notice of such revocation to the Executive or to the Employer’s President (as the case may be) and this Agreement shall not become effective or enforceable until such seven (7) day period has expired.

Appears in 1 contract

Samples: Separation Agreement (Seasons Bancshares Inc)

Age Discrimination in Employment Act. Xxxxx Executive hereby acknowledges and agrees that this Agreement and the termination of Xxxxx’x Executive's employment and all actions taken in connection therewith are in compliance with the Age Discrimination in Employment Act and the Older Workers Benefit Protection Act and that the release releases set forth in paragraph 7 Section 15 hereof shall be applicable, without limitation, to any claims brought under these Acts. Xxxxx Executive further acknowledges and agrees that: a. The release given by Xxxxx Executive in this Agreement is given solely in exchange for the consideration set forth in Section 4 of this Agreement and such consideration is in addition to anything of value which Xxxxx Executive was entitled to receive prior to entering into this Agreement; b. By entering into this Agreement, Xxxxx Executive does not waive rights or claims that may arise after the date this Agreement is executed; x. Xxxxx c. Executive has been advised to consult an attorney prior to entering into this Agreement, and this provision of the Agreement satisfies the requirement of the Older Workers Benefit Protection Act that Xxxxx Executive be so advised in writing; x. Xxxxx d. Executive has been offered twenty-one (21) days from receipt of this Separation Agreement and General Release within which to consider the terms of this Agreement; and e. For a period of seven (7) days following Xxxxx’x Executive's execution of this Agreement, he Executive may revoke this Agreement by delivering written notice to Xxxxxx Xxxxxxxxxxx, Human Resources Director, and this Agreement shall not become effective or enforceable until such seven (7) day period has expired.

Appears in 1 contract

Samples: Separation Agreement (Old Point Financial Corp)

Age Discrimination in Employment Act. Xxxxx Employee hereby acknowledges ------------------------------------ and agrees that this Agreement and the termination of Xxxxx’x Employee's employment and all actions taken in connection therewith are in compliance with the Age Discrimination in Employment Act and the Older Workers Workers' Benefit Protection Act and that the release releases set forth in paragraph 7 hereof this Agreement shall be applicable, without limitation, to any claims brought under these Acts. Xxxxx Employee further acknowledges and agrees that: a. The release given by Xxxxx Employee in this Agreement is given solely in exchange for the consideration set forth in this Agreement and such consideration is in addition to anything of value which Xxxxx Employee was entitled to receive prior to entering into this Agreement; b. By entering into this Agreement, Xxxxx Employee does not waive rights or claims that may arise after the date this Agreement is executed; x. Xxxxx c. Employee has been advised to consult an attorney prior to entering into this Agreement, and this provision of the this Agreement satisfies the requirement of the Older Workers Workers' Benefit Protection Act that Xxxxx Employee be so advised in writing; x. Xxxxx d. Employee has been offered twentyforty-one five (2145) days from receipt of this Agreement within which to consider the terms of this Agreement; and e. For a period of seven (7) days following Xxxxx’x execution of this Agreement, he the Employee may revoke this Agreement Agreement, and this Agreement shall not become effective or enforceable against Employee until such seven (7) day 7)-day period has expired.

Appears in 1 contract

Samples: Separation Agreement (Level 8 Systems Inc)

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Age Discrimination in Employment Act. Xxxxx Employee hereby acknowledges and agrees that this Agreement and the termination of Xxxxx’x Employee's employment and all actions taken in connection therewith are in compliance with the Age Discrimination in Employment Act and the Older Workers Benefit Protection Act and that the release releases set forth in paragraph 7 Section 15 hereof shall be applicable, without limitation, to any claims brought under these Acts. Xxxxx Employee further acknowledges and agrees that: a. The the release given by Xxxxx Employee in this Agreement is given solely in exchange for the consideration set forth in Section 4 of this Agreement and such consideration is in addition to anything of value which Xxxxx Employee was entitled to receive prior to entering into this Agreement; b. By by entering into this Agreement, Xxxxx Employee does not waive rights or claims that may arise after the date this Agreement is executed; x. Xxxxx c. Employee has been advised to consult an attorney prior to entering into this Agreement, and this provision of the this Agreement satisfies the requirement of the Older Workers Benefit Protection Act that Xxxxx Employee be so advised in writing; x. Xxxxx d. Employee has been offered twenty-one (21) days from receipt of this Separation Agreement and General Release within which to consider the terms of this Agreement; and e. For a period of seven (7) days following Xxxxx’x Employee's execution of this Agreement, he Employee or the Company may revoke this Agreement and this Agreement shall not become effective or enforceable until such seven (7) day period has expired.

Appears in 1 contract

Samples: Separation Agreement (Mariner Health Care Inc)

Age Discrimination in Employment Act. Xxxxx hereby acknowledges Executive acknowledges, understands and agrees that this Agreement and the termination of Xxxxx’x Executive’s employment and directorship and all actions taken in connection therewith are in compliance with the Age Discrimination in Employment Act (“ADEA”) and the Older Workers Benefit Protection Act (“OWBPA”) and that the release releases set forth in paragraph 7 Section 4 hereof shall be applicable, without limitation, to any claims brought under these Acts. Xxxxx Executive further acknowledges acknowledges, understands and agrees that: a. The (a) the release given by Xxxxx Executive in this Agreement is given solely in exchange for the consideration set forth in Section 3 of this Agreement and such consideration is in addition to anything of value which Xxxxx Executive was entitled to receive prior to entering into this Agreement; b. By (b) by entering into this Agreement, Xxxxx Executive does not waive rights or claims that may arise after the date this Agreement is executed; x. Xxxxx (c) Executive has been advised to consult an attorney prior to entering into this Agreement, and this provision of the this Agreement satisfies the requirement of the Older Workers Benefit Protection Act OWBPA that Xxxxx Executive be so advised in writing; x. Xxxxx (d) Executive has been offered twenty-one (21) days from his receipt of this Agreement within which to consider the terms of this Agreement; and e. For (e) for a period of seven (7) days following Xxxxx’x Executive’s execution of this Agreement, he Executive may revoke this Agreement by delivering written notice of such revocation to the Coastal’s Chief Executive Officer, Xxxxxxx Xxxxxxx, and this Agreement shall not become effective or enforceable until such seven (7) day period has expired.

Appears in 1 contract

Samples: Separation Agreement (Coastal Banking Co Inc)

Age Discrimination in Employment Act. Xxxxx Xxxxxxx hereby acknowledges and agrees that this Agreement and the termination separation of Xxxxx’x service of Xxxxxxx’x employment and all actions taken in connection therewith are in compliance with the Age Discrimination in Employment Act and the Older Workers Benefit Protection Act and that the release set forth in paragraph 7 Section 9 hereof shall be applicable, without limitation, to any claims brought under these Acts. Xxxxx Xxxxxxx further acknowledges and agrees that: a. The release given by Xxxxx Xxxxxxx in this Agreement is given solely in exchange for the consideration set forth in Section 3 of this Agreement and such consideration is in addition to anything of value which Xxxxx Xxxxxxx was entitled to receive prior to entering into this Agreement; b. By entering into this Agreement, Xxxxx Xxxxxxx does not waive rights or claims that may arise after the date this Agreement is executed; x. Xxxxx Xxxxxxx has been advised to consult an attorney prior to entering into this Agreement, and this provision of the Agreement satisfies the requirement of the Older Workers Benefit Protection Act that Xxxxx Xxxxxxx be so advised in writing; x. Xxxxx Xxxxxxx has been offered twenty-one (21) days from receipt of this Agreement within which to consider the terms of this Agreement; and e. For a period of seven (7) days following Xxxxx’x Xxxxxxx’x execution of this Agreement, he Xxxxxxx may revoke this Agreement Agreement, and this Agreement shall not become effective or enforceable until such seven (7) day period has expired.

Appears in 1 contract

Samples: Separation Agreement (Aerosonic Corp /De/)

Age Discrimination in Employment Act. Xxxxx hereby acknowledges Executive acknowledges, understands and agrees that this Agreement and the termination of Xxxxx’x Executive’s employment and all actions taken in connection therewith are in compliance with the Age Discrimination in Employment Act (“ADEA”) and the Older Workers Benefit Protection Act (“OWBPA”) and that the release releases set forth in paragraph 7 Section 10 hereof shall be applicable, without limitation, to any claims brought under these Acts. Xxxxx Executive further acknowledges acknowledges, understands and agrees that: a. The (a) the release given by Xxxxx Executive in this Agreement is given solely in exchange for the consideration set forth in Section 4 of this Agreement and such consideration is in addition to anything of value which Xxxxx Executive was entitled to receive prior to entering into this Agreement; b. By (b) by entering into this Agreement, Xxxxx Executive does not waive rights or claims that may arise after the date this Agreement is executed; x. Xxxxx (c) Executive has been advised to consult an attorney prior to entering into this Agreement, and this provision of the this Agreement satisfies the requirement of the Older Workers Benefit Protection Act OWBPA that Xxxxx Executive be so advised in writing; x. Xxxxx (d) Executive has been offered twenty-one (21) days from his receipt of this Agreement within which to consider the terms of this Agreement; and e. For (e) for a period of seven (7) days following Xxxxx’x Executive’s execution of this Agreement, he Executive or Employer may revoke this Agreement by delivering written notice of such revocation to the Executive or to the Employer’s CFO (as the case may be) and this Agreement shall not become effective or enforceable until such seven (7) day period has expired.

Appears in 1 contract

Samples: Separation Agreement (Community Capital Bancshares Inc)

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