Consideration Period and Revocation Period Sample Clauses

Consideration Period and Revocation Period. By providing you this Agreement, CommerceHub is informing you that you have the right to consider the terms and conditions of this Agreement for a period not exceeding twenty-one (21) days prior to entering into this Agreement. CommerceHub and you agree that changes, whether material or immaterial, to this Agreement do not restart the running of such consideration period. You also understand that you have the right to revoke this Agreement during the seven (7) day period following the date you sign this Agreement (the “Revocation Period”) by giving CommerceHub written notice of your revocation (the “Revocation Notice”) via email PDF to CommerceHub’s General Counsel by not later than the expiration of the Revocation Period, with an original signed version of the Revocation Notice sent by mail promptly thereafter. By signing this Agreement, you certify that you have read the terms of this Agreement, that you have been advised by CommerceHub to consult an attorney of your own choice prior to executing this Agreement, that you have had an opportunity to do so, and that you understand this Agreement’s terms, conditions and effects, including the waiver and release; you are receiving consideration from CommerceHub that you would not otherwise be entitled to receive; you knowingly and voluntarily enter into this Agreement without fraud, duress, or any undue influence; and you are not waiving any rights or claims that may arise after the date the Agreement is executed. You acknowledge that this Agreement will not become effective and, except as otherwise required by law (including with respect to PTO pay described above), CommerceHub will not pay you any amounts provided for in this Agreement: (a) if CommerceHub receives the Revocation Notice prior to the expiration of the Revocation Period; and (b) until the expiration of the Revocation Period and only if CommerceHub did not receive the Revocation Notice during the Revocation Period. Commerce Technologies, LLC (as successor to Commerce Technologies, Inc.) By: /S/ DOXXXXX XXXXXXX Name: Doxxxxx Xxxxxxx Title: General Counsel and Secretary ACKNOWLEDGED AND AGREED: Signature: /S/ MAXX XXXXXXXXXX Printed Name: Maxx Xxxxxxxxxx Date: December 14, 2017
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Consideration Period and Revocation Period. Executive acknowledges and agrees that: (a) the releases given by him are given solely in exchange for the payments herein and such consideration includes amounts that are in addition to anything of value to which Executive was entitled to prior to signing this Agreement; (b) Executive has had the opportunity to consult with an attorney for advice regarding the effect of this Agreement prior to signing it and has consulted with his counsel Rxxxxx Rxxxxx LLP; (c) Executive was advised to take up to twenty-one (21) days to study this Agreement before signing it but Executive may voluntarily choose to execute this Agreement before the end of the twenty-one (21)-day period; (d) if there are any changes to this Agreement before it is signed, the 21-day time period does not start again; (e) Executive understands that he has seven (7) days following his execution of the Agreement to revoke it in writing and that this Agreement will not be effective or enforceable until after this seven (7) day period has expired without revocation (the “Revocation Period”). If Executive wishes to revoke the Agreement after executing it, he must provide written notice of his decision to revoke the Agreement to Company’s legal counsel, J.R. Lxxxx, via email at Jx.Xxxxx@xxx.xxx, by no later than 12:01a.m. on the eighth (8th) calendar day after the date by which Executive has executed the Agreement. In the event that Executive exercises his right to revoke this Agreement during the Revocation Period, this Agreement shall be null and void, but Executive’s resignation shall be fully valid and binding on the Parties.
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Consideration Period and Revocation Period. Kumar is advised to consult with an attorney of his choice prior to signing this Agreement. Kumar has forty-five (45) days after the receipt of this Agreement to consider whether or not to sign it, but may sign at any time of the Kumar’s choosing during the 45-day period. This Agreement may be revoked by Kumar at any time within seven (7) days after the date of signing indicated below. To revoke this Agreement, Kumar shall provide written notice of revocation to the Chief Executive Officer or Manager of Human Resources for the Company. This Agreement shall not be effective, nor shall any of the severance benefits specified herein be paid, until expiration of the seven (7) day revocation period (“Effective Date of Agreement”).
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Consideration Period and Revocation Period. Executive hereby acknowledges that the Company has informed him that he has up to twenty-one (21) days to sign this Agreement and he may knowingly and voluntarily waive all or any portion of the twenty-one (21) day period by signing this Agreement earlier. Executive also understands that he shall have seven (7) days following the date on which he signs this Agreement within which to revoke it by providing a written notice of his revocation to the Vice President and General Counsel of the Company.
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Consideration Period and Revocation Period. By executing this Agreement, Xxxxxxx acknowledges that he has been advised to consult with legal counsel prior to executing this Agreement.
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Related to Consideration Period and Revocation Period

  • Consideration Period You have 21 days from the date this Separation Agreement is given to you to consider this Separation Agreement before signing it. You may use as much or as little of this 21-day period as you wish before signing. If you do not sign and return this Separation Agreement within this 21-day period, you will not be eligible to receive the benefits described in this Separation Agreement.

  • Revocation Period Executive has the right to revoke this Agreement for up to seven days after he signs it. In order to revoke this Agreement, Executive must sign and send a written notice of the decision to do so, addressed to [NAME] at [INSERT TITLE, AND ADDRESS], and that written notice must be received by Company no later than the eighth day after Executive signed this Agreement. If Executive revokes this Agreement, Executive will not be entitled to any of the consideration from Company described in paragraph 2 above.

  • Retention Period The Engineer shall maintain all books, documents, papers, accounting records and other evidence pertaining to costs incurred and services provided (hereinafter called the Records). The Engineer shall make the records available at its office during the contract period and for seven (7) years from the date of final payment under this contract, until completion of all audits, or until pending litigation has been completely and fully resolved, whichever occurs last.

  • Revocation Period and Effective Date In the event that Executive elects to sign and return to the Company a copy of this Agreement, he/she has a period of seven (7) days (the “Revocation Period”) following the date of such execution to revoke this Release, after which time this agreement will become effective (the “Effective Date”) if not previously revoked. In order for the revocation to be effective, written notice must be received by the Company no later than close of business on the seventh day after the Executive signs this Release at which time the Revocation Period shall expire.

  • Review and Revocation Period Employee acknowledges that the Company has advised Employee that Employee may consult with an attorney of Employee’s own choosing (and at Employee’s expense) prior to signing this Release and that Employee has been given at least twenty-one (21) days during which to consider the provisions of this Release, although Employee may sign and return it sooner. Employee further acknowledges that Employee has been advised by the Company that after executing this Release, Employee will have seven (7) days to revoke this Release, and that this Release shall not become effective or enforceable until such seven (7) day revocation period has expired. Employee acknowledges and agrees that if Employee wishes to revoke this Release, Employee must do so in writing, and that such revocation must be signed by Employee and received by the Chairman of the Board of the Company (or the Chair of the Compensation Committee) no later than 5:00 p.m. Mountain Time on the seventh (7th) day after Employee has executed this Release. Employee acknowledges and agrees that, in the event that Employee revokes this Release, Employee will have no right to receive any benefits hereunder, including the Benefits. Employee represents that Employee has read this Release and understands its terms and enters into this Release freely, voluntarily and without coercion.

  • Termination Period This Option shall be exercisable for three (3) months after Participant ceases to be a Service Provider, unless such termination is due to Participant’s death or Disability, in which case this Option shall be exercisable for twelve (12) months after Participant ceases to be a Service Provider. Notwithstanding the foregoing sentence, in no event may this Option be exercised after the Term/Expiration Date as provided above and this Option may be subject to earlier termination as provided in Section 13 of the Plan.

  • Election Period The period which begins on the first day of the Plan Year in which the Participant attains age thirty-five (35) and ends on the date of the Participant’s death. If a Participant separates from Service prior to the first day of the Plan Year in which age thirty-five (35) is attained, the Election Period shall begin on the date of separation, with respect to the account balance as of the date of separation.

  • Evaluation Period Customer’s right to use the Services on a Trial Basis are time-limited and will terminate immediately upon the earlier of (i) the trial end date as specified in an Order Form or other document executed by the parties regarding such trial, or (ii) the start date of when Customer purchases a right to use such Services on a non-Trial Basis, or (iii) the date when QuoVadis terminates Customer’s right to use the Services on a Trial Basis (which QuoVadis may do at any time in its sole discretion). Customer must cease using the Services on a Trial Basis upon any such termination.

  • Post-Termination Period Because of the difficulty of establishing when any idea, process or invention is first conceived or developed by the Employee, or whether it results from access to Confidential Information or the Company’s equipment, facilities, and data, the Employee agrees that any idea, invention, research, plan for products or services, marketing plan, computer software (including, without limitation, source code), computer program, original work of authorship, character, know-how, trade secret, information, data, developments, discoveries, technology, algorithm, design, patent or copyright, or any improvement, rights, or claims relating to the foregoing, shall be presumed to be an Invention if it is conceived, developed, used, sold, exploited or reduced to practice by the Employee or with the aid of the Employee within one (1) year after termination of employment. The Employee can rebut the above presumption if he proves the idea, process or invention (i) was first conceived or developed after termination of employment, (ii) was conceived or developed entirely on the Employee’s own time without using the Company’s equipment, supplies, facilities, personnel or Confidential Information, and (iii) did not result from or is not derived directly or indirectly, from any work performed by the Employee for the Company or from work performed by another employee of the Company to which the Employee had access.

  • Non-Competition Period The “non-competition period” shall begin on January 1, 2021 and shall end twelve (12) months after the Employee’s termination of employment; provided, however, that the “non-competition period” shall end on the date Employee’s employment ends in the event of Employee’s termination for “good reason” (as defined in paragraph 6(d)), or Employee’s termination without “cause” (as defined in paragraph 3(d)).

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