Compliance with Older Workers Benefit Protection Act Sample Clauses

Compliance with Older Workers Benefit Protection Act. In compliance with the Older Workers Benefit Protection Act (P.L. 101-433), the Company and [Name] do hereby acknowledge as follows:
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Compliance with Older Workers Benefit Protection Act. By signing this Agreement, Executive specifically acknowledges and represents that:
Compliance with Older Workers Benefit Protection Act. Before executing this Agreement, Executive is advised to consult with an attorney of his choice, at his expense. By signing this Agreement, Executive specifically acknowledges and represents that:
Compliance with Older Workers Benefit Protection Act. Executive acknowledges that he is not entitled to the consideration being provided to him under the Agreement unless Executive executes the Agreement and this Release. Executive acknowledges that he is waiving claims under the Age Discrimination in Employment Act, as amended, that arose on or prior to his execution of this Release. Executive also acknowledges that he was given at least twenty-one (21) days to consider this Release, and that he has carefully read and understands all of the provisions of this Release. Executive is hereby advised in writing to consult with an attorney prior to signing this Release. Executive acknowledges that his decision to execute this Release is knowing and voluntary. Executive has the right to revoke this Release within seven (7) days of signing this Release by sending a letter by certified mail indicating his intention to revoke to Xxxxx Xxxxxx located at 0000 Xxxxx Xxxxx Xxxxx, Xxxx Xxxxxxx XX 80525. The waiver of claims under the Age Discrimination in Employment Act, as amended, shall not become effective until the expiration of the revocation period set forth above. Xxxxx Xxxxxxxx Executive
Compliance with Older Workers Benefit Protection Act. The Parties desire and intend that this Agreement comply with the terms of the Older WorkersBenefit Protection Act. Accordingly, Executive acknowledges that he has been advised of the following rights:
Compliance with Older Workers Benefit Protection Act. This Agreement is intended to comply with Section 201 of the Older Workers Benefit Protection Act of 1990, 29 U.S.C. ss.626(f).
Compliance with Older Workers Benefit Protection Act. 25. LXXXXXX shall have twenty-one (21) days in which to review this Agreement and have it reviewed by an attorney, it being understood that, at his option, LXXXXXX shall have the right to execute the Agreement prior to that date. It is also understood and agreed that LXXXXXX shall be bound by the Agreement if not revoked within seven (7) days after execution of the Agreement. LXXXXXX understands and agrees that he is being provided with consideration greater than that to which he is entitled, and it is further understood and agreed that, by this Agreement, neither LXXXXXX nor the COMPANY is waiving any rights that may arise after entering into this Agreement. LXXXXXX also has been advised of his right to consult with legal counsel prior to executing a copy of this Agreement. LXXXXXX AND THE COMPANY REPRESENT THAT THEY HAVE CAREFULLY READ AND FULLY UNDERSTAND ALL OF THE PROVISIONS OF THIS AGREEMENT, THAT THEY HAVE HAD SUFFICIENT OPPORTUNITY TO REVIEW AND DISCUSS THIS AGREEMENT WITH AN ATTORNEY; THAT THEY HAVE BEEN GIVEN A REASONABLE PERIOD OF TIME WITHIN WHICH TO CONSIDER THE AGREEMENT BEFORE SIGNING IT; AND THAT THEY ARE VOLUNTARILY SIGNING THE AGREEMENT WITHOUT ANY DURESS OR COERCION.
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Compliance with Older Workers Benefit Protection Act. This Agreement is intended to comply with Section 201 of the Older Worker's Benefit Protection Act of 1990. Accordingly, Executive acknowledges and represents that he: (a) waives his claims under the ADEA knowingly and voluntarily in exchange for consideration of value to which he would not otherwise have been entitled; (b) has been advised by the Company to consult an attorney before signing this Agreement; (c) has been given a period of at least 21 days within which to consider this Agreement; and (d) has been informed by the Company and understands that he may revoke this Agreement for a period of 7 days after signing it (the "Revocation Period"), and that this Agreement shall not become effective or enforceable until the Revocation Period has expired. He understands that any revocation he makes shall be in writing, sent by facsimile, hand delivery or overnight mail, to Company in accordance with Section 17 of this Agreement. In the event that his acceptance of this Release is revoked, then Executive shall immediately return to the Company any payments made to him under this Agreement.
Compliance with Older Workers Benefit Protection Act. Xx. Xxxxxxx acknowledges that Quantum has advised him: a) that he should consult with an attorney prior to signing this Agreement; b) that he has twenty-one (21) days in which to consider whether he should sign this Agreement; and c) that if he signs this Agreement, he will be given seven (7) days following the date in which he signs to revoke the Agreement and it would not be effective until after this seven-day period had lapsed.
Compliance with Older Workers Benefit Protection Act. The parties acknowledge and agree that, in accordance with the Older Workers Benefit Protection Act, you have been informed that you have twenty-one (21) days from the date this Agreement is initially offered to you to consider the offer detailed in this Agreement (although Mymetics would hope to conclude this matter as quickly as possible). In addition, you understand that you may revoke this Agreement at any time within seven (7) days after it is signed by you. Any revocation must be in writing and delivered to Xxxxxxx-Xxxxxxxx Xxxxxx within eight (8) days of signing this Agreement to be effective. Any revocation should be transmitted to Xxxxxxx-Xxxxxxxx Xxxxxx, President, Mymetics Corporation, at its address above, fax number (000) 000 0000. Because of your right to revoke this Agreement, it shall not become effective until the eighth (8th) day after it has been signed, and you will not be paid or otherwise provided any portion of your compensation under this Agreement until it becomes effective.
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