Common use of Age Discrimination Release Clause in Contracts

Age Discrimination Release. In addition to the waivers and releases contained in the preceding paragraph, Employee further agrees that in consideration of the payments provided above, she/he also specifically releases Iomega from any and all liabilities claims, causes of action, demand for damages or remedies of any kind, including claims for attorneys’ fees and legal costs, arising under the Age Discrimination in Employment Act of 1967, as amended, related to or arising out of his/her employment or termination from employment with Iomega up to and including the date of this Agreement. Employee understands and acknowledges that by this Agreement she/he does not waive any rights or claims relating to age discrimination that may arise after the date of this Agreement. She/he is advised to consult with an attorney regarding 45 days from the date of his receipt of the Agreement within which to consider it and to consult with this Agreement. Employee also acknowledges that prior to signing this Agreement she/he has 45 days from the date of receipt of the agreement within which to consider it and to consult with an attorney of his/her choice regarding it. Should she/he nevertheless elect to execute this Agreement sooner than 45 days after she/he has received it, she/he specifically and voluntarily waives the right to claim or allege that she/he has not been allowed by Iomega or by any circumstances beyond his/her control to consider the Agreement for a full 45 days. Employee also acknowledges and agrees that this Agreement will not become effective or enforceable until after seven days from the date it is signed by him (“Age Release Period”). During the Age Release Period Employee understands and agrees that she/he may revoke the provisions of this Section by delivering written notice of this revocation to Iomega Corporation, 0000 Xxxx Xxxxxx Xxx, Xxx, XX 00000 Attn: Xxxxxxxxx Xxxxxx, Senior Vice President, Human Resources. 9.

Appears in 1 contract

Samples: Separation Agreement and General Release (Iomega Corp)

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Age Discrimination Release. In addition to the waivers and releases contained in the preceding paragraph, Employee further agrees that and in consideration of the payments provided above, she/he Employee also specifically releases Iomega from any and all liabilities liabilities, claims, causes of action, demand for damages or remedies of any kind, including claims for attorneys’ fees and legal costs, arising under the Age Discrimination in Employment Act of 1967, as amended, related to or arising out of his/her employment or termination from employment with Iomega up to and including the date of this Agreement. Employee understands and acknowledges that by this Agreement she/he does not waive any rights or claims relating to age discrimination that may arise after the date of this Agreement. She/he is advised to consult with an attorney regarding 45 days from the date of his receipt of the Agreement within which to consider it and to consult with this Agreement. Employee also acknowledges that prior to signing this Agreement she/he Employee has 45 21 days from the date of his receipt of the agreement Agreement within which to consider it and to consult with an attorney of his/her choice regarding it. Should she/he Employee nevertheless elect to execute this Agreement sooner than 45 21 days after she/he has received it, she/he Employee specifically and voluntarily waives the right to claim or allege that she/he has not been allowed by Iomega or by any circumstances beyond his/her control to consider the Agreement for a full 45 21 days. Employee also acknowledges and agrees that this Agreement will not become effective or enforceable until after seven (7) days from the date it is signed by him Employee (“Age Release Period”). During the Age Release Period Employee understands and agrees that she/he may revoke the provisions of this Section by delivering written notice of this revocation to Xxxx Xxxxxxx, Vice President Human Resources, Iomega Corporation, 0000 Xxxx Xxxxxx Xxx00000 Xxxxx Xxxxxxxx Xxxxxxx, XxxXxxxx 000, Xxx Xxxxx, XX 00000 Attn: Xxxxxxxxx Xxxxxx00000. This provision is not intended to change or affect current law regarding the knowing and voluntary nature of releases, Senior Vice President, Human Resources. 9including but not limited to the law regarding the knowing and voluntary nature of releases under the Older Workers Benefit Protection Act.

Appears in 1 contract

Samples: Separation Agreement and General Release (Iomega Corp)

Age Discrimination Release. In addition to the waivers and releases contained in the preceding paragraph, Employee further agrees that and in consideration of the payments provided above, she/he Employee also specifically releases Iomega from any and all liabilities liabilities, claims, causes of action, demand for damages or remedies of any kind, including claims for attorneys’ fees and legal costs, arising under the Age Discrimination in Employment Act of 1967, as amended, related to or arising out of his/her employment or termination from employment with Iomega up to and including the date of this Agreement. Employee understands and acknowledges that by this Agreement she/he does not waive any rights or claims relating to age discrimination that may arise after the date of this Agreement. She/he is advised to consult with an attorney regarding this Agreement. Employee also acknowledges that prior to signing this Agreement Employee has 45 days from the date of his receipt of the Agreement within which to consider it and to consult with this Agreement. Employee also acknowledges that prior to signing this Agreement she/he has 45 days from the date of receipt of the agreement within which to consider it and to consult with an attorney of his/her choice regarding it. Should she/he Employee nevertheless elect to execute this Agreement sooner than 45 days after she/he has received it, she/he Employee specifically and voluntarily waives the right to claim or allege that she/he has not been allowed by Iomega or by any circumstances beyond his/her control to consider the Agreement for a full 45 days. Employee also acknowledges and agrees that this Agreement will not become effective or enforceable until after seven (7) days from the date it is signed by him Employee (“Age Release Period”). During the Age Release Period Employee understands and agrees that she/he may revoke the provisions of this Section by delivering written notice of this revocation to Xxxxxx Xxxxxx, Director of Human Resources, Iomega Corporation, 0000 Xxxx Xxxxxx Xxx, Xxx, XX 00000 Attn: Xxxxxxxxx Xxxxxx00000. This provision is not intended to change or affect current law regarding the knowing and voluntary nature of releases, Senior Vice Presidentincluding but not limited to the law regarding the knowing and voluntary nature of releases under the Older Workers Benefit Protection Act. Exec Sep Agreement Over 40 2 Revised March 2006 Employee also acknowledges that he/she has received information regarding the ages and job titles of other employees within his/her department who have also been affected by this reduction in force, Human Resourcesas well as the ages and job titles of the employees within his/her department who were not selected for reduction. 9This information is attached as Exhibit A to this Agreement.

Appears in 1 contract

Samples: Separation Agreement and General Release (Iomega Corp)

Age Discrimination Release. In addition to the waivers and releases contained in the preceding paragraph, Employee further agrees that and in consideration of the payments provided above, she/he Employee also specifically releases Iomega from any and all liabilities liabilities, claims, causes of action, demand for damages or remedies of any kind, including claims for attorneys’ fees and legal costs, arising under the Age Discrimination in Employment Act of 1967, as amended, related to or arising out of his/her employment or termination from employment with Iomega up to and including the date of this Agreement. Employee understands and acknowledges that by this Agreement she/he does not waive any rights or claims relating to age discrimination that may arise after the date of this Agreement. She/he is advised to consult with an attorney regarding this Agreement. Employee also acknowledges that prior to signing this Agreement Employee has 45 days from the date of his receipt of the Agreement within which to consider it and to consult with this Agreement. Employee also acknowledges that prior to signing this Agreement she/he has 45 days from the date of receipt of the agreement within which to consider it and to consult with an attorney of his/her choice regarding it. Should she/he Employee nevertheless elect to execute this Agreement sooner than 45 days after she/he has received it, she/he Employee specifically and voluntarily waives the right to claim or allege that she/he has not been allowed by Iomega or by any circumstances beyond his/her control to consider the Agreement for a full 45 days. Employee also acknowledges and agrees that this Agreement will not become effective or enforceable until after seven (7) days from the date it is signed by him Employee (“Age Release Period”). During the Age Exec Sep Agreement Over 40 2 Revised March 2006 Release Period Employee understands and agrees that she/he may revoke the provisions of this Section by delivering written notice of this revocation to Xxxxxx Xxxxxx, Director of Human Resources, Iomega Corporation, 0000 Xxxx Xxxxxx Xxx, Xxx, XX 00000 Attn: Xxxxxxxxx Xxxxxx00000. This provision is not intended to change or affect current law regarding the knowing and voluntary nature of releases, Senior Vice Presidentincluding but not limited to the law regarding the knowing and voluntary nature of releases under the Older Workers Benefit Protection Act. Employee also acknowledges that he/she has received information regarding the ages and job titles of other employees within his/her department who have also been affected by this reduction in force, Human Resourcesas well as the ages and job titles of the employees within his/her department who were not selected for reduction. 9This information is attached as Exhibit A to this Agreement.

Appears in 1 contract

Samples: Separation Agreement and General Release (Iomega Corp)

Age Discrimination Release. In addition to the waivers and releases contained in the preceding paragraph, Employee further agrees that in consideration of the payments provided above, she/he also specifically releases Iomega from any and all liabilities claims, causes of action, demand for damages or remedies of any kind, including claims for attorneys' fees and legal costs, arising under the Age Discrimination in Employment Act of 1967, as amended, related to or arising out of his/her employment or termination from employment with Iomega up to and including the date of this Agreement. Employee understands and acknowledges that by this Agreement she/he does not waive any rights or claims relating to age discrimination that may arise after the date of this Agreement. She/he is advised to consult with an attorney regarding 45 days from the date of his receipt of the Agreement within which to consider it and to consult with this Agreement. Employee also acknowledges that prior to signing this Agreement she/he has 45 21 days from the date of his receipt of the agreement Agreement within which to consider it and to consult with an attorney of his/her choice regarding it. Should she/he nevertheless elect to execute this Agreement sooner than 45 21 days after she/he has received it, she/he specifically and voluntarily waives the right to claim or allege that she/he has not been allowed by Iomega or by any circumstances beyond his/her control to consider the Agreement for a full 45 21 days. Employee also acknowledges and agrees that this Agreement will not become effective or enforceable until after seven days from the date it is signed by him ("Age Release Period"). During the Age Release Period Employee understands and agrees that she/he may revoke the provisions of this Section by delivering written notice of this revocation to Iomega Corporation, 0000 Xxxx Xxxxxx Xxx, Xxx, XX 00000 Attn: Xxxxxxxxx Xxxxxx, Senior Vice President, Human Resources. 9.

Appears in 1 contract

Samples: Separation Agreement and General Release (Iomega Corp)

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Age Discrimination Release. In addition to the waivers and releases contained in the preceding paragraph, Employee further agrees that in consideration of the payments provided above, she/he also specifically releases Iomega from any and all liabilities claims, causes of action, demand for damages or remedies of any kind, including claims for attorneys’ fees and legal costs, arising under the Age Discrimination in Employment Act of 1967, as amended, related to or arising out of his/her employment or termination from employment with Iomega up to and including the date of this Agreement. Employee understands and acknowledges that by this Agreement she/he does not waive any rights or claims relating to age discrimination that may arise after the date of this Agreement. She/he is advised to consult with an attorney regarding 45 days from the date of his receipt of the Agreement within which to consider it and to consult with this Agreement. Employee also acknowledges that prior to signing this Agreement she/he has 45 days from the date of his receipt of the agreement Agreement within which to consider it and to consult with an attorney of his/her choice regarding it. Should she/he nevertheless elect to execute this Agreement sooner than 45 days after she/he has received it, she/he specifically and voluntarily waives the right to claim or allege that she/he has not been allowed by Iomega or by any circumstances beyond his/her control to consider the Agreement for a full 45 days. Employee also acknowledges and agrees that this Agreement will not become effective or enforceable until after seven days from the date it is signed by her/him (“Age Release Period”). During the Age Release Period Employee understands and agrees that she/he may revoke the provisions of this Section by delivering written notice of this revocation to Xxxxxx Xxxxxx, Director of Human Resources, Iomega Corporation, 0000 Xxxx Xxxxxx Xxx, Xxx, XX 00000 Attn: Xxxxxxxxx Xxxxxx00000. Employee also acknowledges that he/she has received information regarding the ages and job titles of other employees within his/her department who have also been affected by this reduction in force, Senior Vice President, Human Resourcesas well as the ages and job titles of the employees within his/her department who were not selected for reduction. 9This information is attached as Exhibit A to this Agreement.

Appears in 1 contract

Samples: Separation Agreement and General Release (Iomega Corp)

Age Discrimination Release. In addition to the waivers and releases contained in the preceding paragraph, Employee further agrees that in consideration of the payments provided above, she/he also specifically releases Iomega from any and all liabilities claims, causes of action, demand for damages or remedies of any kind, including claims for attorneys' fees and legal costs, arising under the Age Discrimination in Employment Act of 1967, as amended, related to or arising out of his/her employment or termination from employment with Iomega up to and including the date of this Agreement. Employee understands and acknowledges that by this Agreement she/he does not waive any rights or claims relating to age discrimination that may arise after the date of this Agreement. She/he is advised to consult with an attorney regarding 45 days from the date of his receipt of the Agreement within which to consider it and to consult with this Agreement. Employee also acknowledges that prior to signing this Agreement she/he has 45 days from the date of his receipt of the agreement Agreement within which to consider it and to consult with an attorney of his/her choice regarding it. Should she/he nevertheless elect to execute this Agreement sooner than 45 days 45days after she/he has received it, she/he specifically and voluntarily waives the right to claim or allege that she/he has not been allowed by Iomega or by any circumstances beyond his/her control to consider the Agreement for a full 45 days. Employee also acknowledges and agrees that this Agreement will not become effective or enforceable until after seven days from the date it is signed by him ("Age Release Period"). During the Age Release Period Employee understands and agrees that she/he may revoke the provisions of this Section by delivering written notice of this revocation to Xxxxxx Xxxxxx, Director of Human Resources, Iomega Corporation, 0000 Xxxx Xxxxxx Xxx, Xxx, XX 00000 Attn: Xxxxxxxxx Xxxxxx00000. Employee also acknowledges that he/she has received information regarding the ages and job titles of other employees within his/her department who have also been affected by this reduction in force, Senior Vice President, Human Resourcesas well as the ages and job titles of the employees within his/her department who were not selected for reduction. 9This information is attached as Exhibit A to this Agreement.

Appears in 1 contract

Samples: Separation Agreement and General Release (Iomega Corp)

Age Discrimination Release. In addition to the waivers and releases contained in the preceding paragraph, Employee further agrees that in consideration of the payments provided above, she/he also specifically releases Iomega from any and all liabilities claims, causes of action, demand for damages or remedies of any kind, including claims for attorneys' fees and legal costs, arising under the Age Discrimination in Employment Act of 1967, as amended, related to or arising out of his/her employment or termination from employment with Iomega up to and including the date of this Agreement. Employee understands and acknowledges that by this Agreement she/he does not waive any rights or claims relating to age discrimination that may arise after the date of this Agreement. She/he is advised to consult with an attorney regarding 45 days from the date of his receipt of the Agreement within which to consider it and to consult with this Agreement. Employee also acknowledges that prior to signing this Agreement she/he has 45 days from the date of his receipt of the agreement Agreement within which to consider it and to consult with an attorney of his/her choice regarding it. Should she/he nevertheless elect to execute this Agreement sooner than 45 days after she/he has received it, she/he specifically and voluntarily waives the right to claim or allege that she/he has not been allowed by Iomega or by any circumstances beyond his/her control to consider the Agreement for a full 45 days. Employee also acknowledges and agrees that this Agreement will not become effective or enforceable until after seven days from the date it is signed by him ("Age Release Period"). During the Age Release Period Employee understands and agrees that she/he may revoke the provisions of this Section by delivering written notice of this revocation to Xxxxxx Xxxxxx, Director of Human Resources, Iomega Corporation, 0000 Xxxx Xxxxxx Xxx, Xxx, XX 00000 Attn: Xxxxxxxxx Xxxxxx00000. Employee also acknowledges that he/she has received information regarding the ages and job titles of other employees within his/her department who have also been affected by this reduction in force, Senior Vice President, Human Resourcesas well as the ages and job titles of the employees within his/her department who were not selected for reduction. 9This information is attached as Exhibit A to this Agreement.

Appears in 1 contract

Samples: Separation Agreement and General Release (Iomega Corp)

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