Consideration and Revocation Sample Clauses

Consideration and Revocation. Executive is receiving this Release on , 20 , and Executive shall be given twenty-one (21) days from receipt of this Release to consider whether to sign the Release. Executive agrees that changes or modifications to this Release do not restart or otherwise extend the above twenty-one (21) day period, unless specifically agreed to in writing by the Employer. Moreover, Executive shall have seven (7) days following execution to revoke this Release in writing to the Secretary of the Employer and the Release shall not take effect until those seven (7) days have ended.
AutoNDA by SimpleDocs
Consideration and Revocation. Employee is receiving this Agreement on , 200 , and Employee shall be given twenty-one (21) days from receipt of this Agreement to consider whether to sign the Agreement. Employee agrees that changes or modifications to this Agreement do not restart or otherwise extend the above twenty-one (21) day period. Moreover, Employee shall have seven (7) days following execution to revoke this Agreement in writing to the Secretary of the Company and the Agreement shall not take effect until those seven (7) days have ended.
Consideration and Revocation. The Executive is receiving this Agreement on , and Executive shall be given twenty one (21) days from receipt of this Agreement to consider whether to sign the Agreement. The Executive agrees that changes or modifications to this Agreement do not restart or otherwise extend the above twenty-one (21) day period. Moreover, the Executive shall have seven (7) days following execution to revoke this Agreement in writing to Xxxxxx X. Xxxxxxx, Chief Legal Officer and General Counsel of Prologis, and this Agreement shall not take effect until those seven (7) days have ended.
Consideration and Revocation. CONSULTANT SHALL BE GIVEN TWENTY ONE (21) DAYS FROM RECEIPT OF THIS AGREEMENT TO CONSIDER WHETHER TO SIGN THE AGREEMENT. CONSULTANT AGREES THAT CHANGES OR MODIFICATIONS TO THIS AGREEMENT DO NOT RESTART OR OTHERWISE EXTEND THE ABOVE TWENTY ONE (21) DAY PERIOD. MOREOVER, CONSULTANT SHALL HAVE SEVEN (7) DAYS FOLLOWING EXECUTION TO REVOKE THIS AGREEMENT IN WRITING TO THE COMPANY AND THIS AGREEMENT SHALL NOT TAKE EFFECT UNTIL THOSE SEVEN (7) DAYS HAVE ENDED. IF CONSULTANT SIGNS THIS AGREEMENT LESS THAN 21 DAYS AFTER HE RECEIVES IT FROM THE COMPANY, HE CONFIRMS THAT HE DOES SO VOLUNTARILY AND WITHOUT ANY PRESSURE OR COERCION FROM ANYONE AT THE COMPANY.
Consideration and Revocation. The Employee is receiving this Release on ____________ _____, 20__, and the Employee shall be given twenty-one (21) days from receipt of this Release to consider whether to sign this Release. The Employee shall have seven (7) days following execution to revoke this Release in writing to the Chairman of the Company, and this Release shall not take effect until those seven (7) days have ended.
Consideration and Revocation. Executive acknowledges that she has carefully read and fully understands all of the provisions of this Agreement. Executive further acknowledges that the benefits provided for in this Agreement are greater than those to which she otherwise would be entitled by any contract, employment policy, or otherwise. Executive further acknowledges that she is entering into this Agreement voluntarily, that she has been provided more than twenty-one (21) days to consider the provisions set forth in this Agreement, or has voluntarily waived the twenty-one (21) day consideration period upon advice of counsel. Executive understands that she has a right to obtain advice of legal counsel of her choosing regarding this Agreement prior to signing it and is encouraged by the Company to do so. For a period of seven (7) days following her signing of this Agreement, Executive may revoke it, and this Agreement will not become enforceable or effective until the seven-day revocation period has expired. To revoke, Executive must send a written notice of revocation that is received by the Company’s Director of Corporate Human Relations within the seven-day revocation period.
AutoNDA by SimpleDocs
Consideration and Revocation. (a) The Employee acknowledges that the Company has advised the Employee to consult with an attorney of the Employee’s own choosing prior to executing this Release. The Employee represents that the Employee has had the opportunity to review this Release with an attorney of the Employee’s choosing. The Employee also agrees and acknowledges that the Employee is receiving benefits and payments to which The Employee would not otherwise be entitled unless The Employee signs this Release, that The Employee has read the Release in its entirety and understands the Release, and that The Employee has entered into this Release freely, knowingly and voluntarily. (b) The Employee has twenty-one (21) calendar days to consider the terms of this Release. However, The Employee may sign and return this Release before the expiration of the twenty-one (21) calendar day period. The Employee agrees that changes to this Release, whether material or immaterial, will not restart the running of the twenty-one (21) calendar day period. Once signed, The Employee will have seven (7) additional calendar days from the date that the Employee signs this Release to revoke the Employee’s consent. Such revocation must be in writing and must be addressed and personally delivered or mailed by United States registered mail or certified mail, return receipt requested, postage prepaid, addressed as follows: Xxxxxxxxxxx 00, 0000 Xxxxxxx Xxxxxx
Consideration and Revocation. The Executive is receiving this Agreement on April 28, 2022 and the Executive shall be given at least twenty one (21) days from receipt of this Agreement to consider whether to sign the Agreement; provided, however, that, in order to receive the benefits to be provided after the Termination Date, the Executive must also execute, and not thereafter revoke, the Supplemental Release, which must not be executed prior to the Termination Date. The Executive agrees that changes or modifications to this Agreement do not restart or otherwise extend the above twenty-one (21) day period. Moreover, the Executive shall have seven (7) days following execution to revoke this Agreement in writing to Xxxxxx Xxxxxxxxx by or xxxxxxxxxx@xxxxxxxxx.xxx with original by regular mail, return receipt requested to Xxxxxx Xxxxxxxxx’x attention at: Commvault Systems, Inc., 0 Xxxxxxxxx Xxx, Xxxxxx Xxxxx, XX 00000 and the Agreement shall not take effect until those seven (7) days have ended.
Consideration and Revocation x. Xxxxxxx acknowledges that the Company and MMI has advised Bassoul to consult with an attorney of Bassoul’s choosing before executing this General Release. Bassoul represents that Bassoul reviewed this General Release with an attorney of Bassoul’s choosing. Bassoul also agrees and acknowledges that Bassoul is receiving benefits and payments to which Bassoul would not otherwise be entitled unless Bassoul signs this General Release, that Bassoul read the General Release in its entirety and understands the General Release, and that Bassoul has entered into this General Release freely, knowingly and voluntarily. x. Xxxxxxx has twenty-one (21) calendar days to consider this General Release. Bassoul may sign and return this General Release before the expiration of the twenty-one (21) calendar day period; provided, however, that Bassoul may not execute this release prior to the Separation Date. Once signed, Bassoul will have seven (7) additional calendar days from the date that Bassoul signs this General Release to revoke Bassoul’s consent. Such revocation must be in writing and must be addressed and delivered (by hand or overnight courier) to the Company’s Board of Directors at The Middleby Corporation, 0000 Xxxxxxxxxxx Xxxxx, Xxxxx, Xxxxxxxx, 00000. If no such revocation occurs, this General Release shall become effective on the eighth (8th) day following Bassoul’s execution of this General Release (the “Release Effective Date”). c. If Bassoul revokes his consent within such seven (7) calendar day period, this General Release shall be of no force or effect and Bassoul shall have no right to the payments set forth in Section 4 of the Agreement.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!