Common use of Consideration and Revocation Period Clause in Contracts

Consideration and Revocation Period. I acknowledge that I am hereby advised to consult with an attorney before signing this Release. I further understand that I may consider this Release for up to twenty-one (21) days before deciding whether to sign it. If I signed this Release before the expiration of that twenty-one (21) day period, I acknowledge that such decision was entirely voluntary. I understand that if I do not sign and return this Release to the Seller by the end of that twenty-one (21) day period, the obligation to pay the Termination Amount described above will expire. I understand that for a period of seven (7) days after I execute this Release, I have the right to revoke it by a written notice to be received by the Seller by the end of that period. I also understand that this Release shall not be effective or enforceable until the expiration of that seven (7) day period. I further represent and agree that I have carefully read and fully understand all of the provisions of this Release and that I am voluntarily agreeing to those provisions. I acknowledge that I have not been induced to sign this Release by any representatives of any released party other than the Termination Amount as stated above.

Appears in 1 contract

Samples: Settlement and Release Agreement (Mikros Systems Corp)

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Consideration and Revocation Period. I acknowledge that I am hereby advised to consult with an attorney before signing this Release. I further understand that I may consider this Release for up to twentyforty-one five (2145) days before deciding whether to sign it. If I signed this Release before the expiration of that twentyforty-one five (2145) day period, I acknowledge that such decision was entirely voluntary. I understand that if I do not sign and return this Release to the Seller BNB Bank by the end of that twentyforty-one five (2145) day period, the obligation to pay the Termination Employment Agreement Amount described above will expire. I understand that for a period of seven (7) days after I execute this Release, I have the right to revoke it by a written notice to be received by the Seller Bridge Bank by the end of that period. I also understand that this Release shall not be effective or enforceable until the expiration of that seven (7) day period. I further represent and agree that I have carefully read and fully understand all of the provisions of this Release and that I am voluntarily agreeing to those provisions. I acknowledge that I have not been induced to sign this Release by any representatives of any released party other than the Termination Employment Agreement Amount as stated above. Employee understands and agrees that Employee has carefully read and fully understands all of the provisions of this Release and knowingly and voluntarily agrees to all of the terms set forth in this Release. Employee knowingly and voluntarily intends to be legally bound by the same.

Appears in 1 contract

Samples: Settlement and Release Agreement (Dime Community Bancshares, Inc. /NY/)

Consideration and Revocation Period. I acknowledge that I am hereby advised to consult with an attorney before signing this ReleaseRelease of Claims. I further understand that I may consider this Release of Claims for up to twenty-one (21) days before deciding whether to sign it. If I signed this Release of Claims before the expiration of that twenty-one (21) day period, I acknowledge that such decision was entirely voluntary. I understand that if I do not sign and return this Release of Claims to the Seller Company by the end of that twenty-one (21) day period, the obligation to pay the Termination Amount Severance Payment described above will expire. I understand that for a period of seven (7) days after I execute this General Release, I have the right to revoke it by a written notice to be received by the Seller Company by the end of that period. I also understand that this Release of Claims shall not be effective or enforceable until the expiration of that seven (7) day period. I further represent and agree that I have carefully read and fully understand all of the provisions of this Release of Claims and that I am voluntarily agreeing to those provisions. I acknowledge that I have not been induced to sign this Release of Claims by any representatives of any released party other than the Termination Amount Severance Payment as stated above. Employee understands and agrees that Employee has carefully read and fully understands all of the provisions of this Agreement and knowingly and voluntarily agrees to all of the terms set forth in this Release of Claims. Employee knowingly and voluntarily intends to be legally bound by the same. Signed as a sealed instrument this , 20 .

Appears in 1 contract

Samples: Employment Agreement (Westfield Financial Inc)

Consideration and Revocation Period. I acknowledge that I am hereby advised to consult with an attorney before signing this Release. I further understand that I may consider this Release for up to twenty-one (21) days before deciding whether to sign it. If I signed this Release before the expiration of that twenty-one (21) day period, I acknowledge that such decision was entirely voluntary. I understand that if I do not sign and return this Release to the Seller Bank by the end of that twenty-one (21) day period, the obligation to pay the Termination CIC Agreement Amount described above will expire. I understand that for a period of seven (7) days after I execute this Release, I have the right to revoke it by a written notice to be received by the Seller Bank by the end of that period. I also understand that this Release shall not be effective or enforceable until the expiration of that seven (7) day period. I further represent and agree that I have carefully read and fully understand all of the provisions of this Release and that I am voluntarily agreeing to those provisions. I acknowledge that I have not been induced to sign this Release by any representatives of any released party other than the Termination CIC Agreement Amount as stated above. Employee understands and agrees that Employee has carefully read and fully understands all of the provisions of this Release and knowingly and voluntarily agrees to all of the terms set forth in this Release. Employee knowingly and voluntarily intends to be legally bound by the same.

Appears in 1 contract

Samples: Settlement Agreement (Clifton Bancorp Inc.)

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Consideration and Revocation Period. I acknowledge that I am hereby advised to consult with an attorney before signing this Release. I further understand that I may consider this Release for up to twentyforty-one five (2145) days before deciding whether to sign it. If I signed this Release before the expiration of that twentyforty-one five (2145) day period, I acknowledge that such decision was entirely voluntary. I understand that if I do not sign and return this Release to the Seller EU by the end of that twentyforty-one five (2145) day period, the obligation to pay the Termination Employment Agreement Amount described above will expire. I understand that for a period of seven (7) days after I execute this Release, I have the right to revoke it by a written notice to be received by the Seller Bank by the end of that period. I also understand that this Release shall not be effective or enforceable until the expiration of that seven (7) day period. I further represent and agree that I have carefully read and fully understand all of the provisions of this Release and that I am voluntarily agreeing to those provisions. I acknowledge that I have not been induced to sign this Release by any representatives of any released party other than the Termination Employment Agreement Amount as stated above. Employee understands and agrees that Employee has carefully read and fully understands all of the provisions of this Release and knowingly and voluntarily agrees to all of the terms set forth in this Release. Employee knowingly and voluntarily intends to be legally bound by the same.

Appears in 1 contract

Samples: Settlement and Release Agreement (CB Financial Services, Inc.)

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