Consideration/Revocation Periods Sample Clauses

Consideration/Revocation Periods. (a) You understand that you have up to forty-five (45) calendar days from the original date of presentment of this Agreement (the “Consideration Period) to consider whether or not to execute this Agreement, although you may voluntarily elect to sign it sooner. You are hereby advised to have this Agreement reviewed by legal counsel of your choice; (b) You further understand that you have a period of seven (7) calendar days after you have signed the Agreement in which to revoke this Agreement (“Revocation Period”). In order to revoke this Agreement you must provide written notice within the Revocation Period to the General Counsel of 21st CMH Acquisition Co., 000 Xxxxxxxx Xxxx Xxxx, Xxxxxxx, XX. 00000, of your decision to revoke. This Agreement shall only become effective after the close of the Revocation Period (the “Effective Date); (c) You acknowledge that at the commencement of this forty-five (45) calendar day period, you were provided with information concerning the class, unit, or group of individuals covered by this termination program, any eligibility factors for such program, and any time limits applicable to such program, as well as the job titles and ages of all individuals in the decisional units eligible or selected for the program, and the job titles and ages of all individuals in the affected decisional units who are not eligible or selected for the program. Further, you understand and agree that your failure to execute or your revocation of the Agreement during the Revocation Period will relieve the Company from providing any benefits promised in this Agreement other than those required by law; and (d) This Agreement may be executed in two or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.
Sample 1Sample 2Sample 3
AutoNDA by SimpleDocs
Consideration/Revocation Periods. Executive states and represents that Executive has had a reasonable amount of time to consider this Agreement, that Executive has carefully read this Release, has up to twenty-one (21) days to consider its terms, has had the opportunity to consult with his own attorney at his own expense and knows the contents of it, freely and voluntarily assents to all of its terms and conditions, understands the final and binding effect of this Release, and signs it as Executive’s own free act with the full intent of releasing the Released Parties from all claims. Executive understands that Executive may revoke this General Release and Separation Agreement at any time within seven (7) days of signing the document. Any revocation must be submitted in writing either in person during normal business hours at 000 Xxxxxxx Xxxxx, South Burlington, Vermont or by electronic mail to Xxxxxxx Dragon (e-mail XXxxxxx@xxxx.xxx). Such revocation must state “I revoke our agreement.” This agreement will go into full force and effect upon the expiration of the revocation period so long as Executive has not revoked it within that time. Should Executive revoke this Agreement he shall lose all of the compensation and benefits provided for herein.
Sample 1
Consideration/Revocation Periods. You shall have a period of up to 21 calendar days in which to consider entering into this Agreement. You acknowledge that you have had the opportunity to read and review this Agreement and seek legal advice. You freely and voluntarily, and without coercion, agree to and understand the significance and consequences of the terms of this Agreement. Following the date of your signature below, you shall have a period of seven calendar days within which to revoke your acceptance of this Agreement, in which case this Agreement shall be null and void. If you do not exercise your right to revoke this Agreement within seven calendar days of your signature, this Agreement shall be held in full force and effect and each party shall be obligated to comply with its requirements. The parties agree that any changes made to this Agreement (whether material or immaterial) as a result of the negotiation of the parties do not restart the running of the 21-day period noted above.
Sample 1
Consideration/Revocation Periods. Executive states and represents that Executive has had a reasonable amount of time to consider this Agreement, that Executive has carefully read this Release, has up to twenty-one (21) days to consider its terms, has had the opportunity to consult with her own attorney at her own expense and knows the contents of it, freely and voluntarily assents to all of its terms and conditions, understands the final and binding effect of this Release, and signs it as Executive’s own free act with the full intent of releasing the Released Parties from all claims. Executive understands that Executive may revoke this General Release and Separation Agreement at any time within seven (7) days of signing the document. Any revocation must be submitted in writing either in person during normal business hours at 000 Xxxxxxx Xxxxx, South Burlington, Vermont or by electronic mail to Xxxxxxx Dragon (e-mail XXxxxxx@xxxx.xxx). Such revocation must state “I revoke our agreement.” This agreement will go into full force and effect upon the expiration of the revocation period so long as Executive has not revoked it within that time. Should Executive revoke this Agreement she shall lose all of the compensation and benefits provided for herein. /s/ Xxxxx Xxxxxxx Xxxxx Xxxxxx STATE OF VERMONT COUNTY OF Xxxxxxxxxx, XX. On this 29th day of December 2015, Xxxxx Xxxxxx personally appeared, and she acknowledged the foregoing instrument to be her free act and deed, without duress or coercion, and that she executed it for the purposes therein contained. Before me, illegible Notary Public My Commission Expires: MERCHANTS BANK
Sample 1
Consideration/Revocation Periods. The Executive acknowledges that he has been given at least twenty-one (21) days to consider the terms of this Agreement. Furthermore, once he has signed this Agreement, the Executive shall have seven (7) additional days from the date of signing this Agreement to revoke his acceptance thereof.
Sample 1
Consideration/Revocation Periods. Xxxxx understands and acknowledges that he has been given twenty-one (21) days within which to consider this Agreement before signing it and agreeing to be bound by its terms. Xxxxx further understands that he shall have seven (7) days after he signs this Agreement to revoke his signature by hand delivering written notice of such revocation to the Chairman of the Board or the President of the Company and that, unless so revoked prior to the expiration of such seven (7) day period, the Agreement shall become effective upon the expiration of such seven (7) day period.
Sample 1

Related to Consideration/Revocation Periods

  • 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.

  • Vacation Periods Vacation schedules will be set by the employee’s immediate supervisor(s) and sent to the Office of Human Resources for approval. Employees may request a particular period for vacation. Vacation days may not be taken in advance of their accrual. Those employees who are on a 12-month teacher contract are paid during Spring Break and Winter Recess, however, are not expected to be in attendance or perform duties during those breaks.

  • Retention periods Documentation which serves as evidence of orderly and proper data processing must be retained by ATOSS in accordance with the applicable statutory retention periods beyond the end of the contract. To relieve itself of this obligation, ATOSS may turn said documentation over to the Customer at the end of the contract.

  • 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.

  • Limitation Periods To the extent that any limitation period applies to any claim for payment of the Obligations or remedy for enforcement of the Obligations, the Obligor agrees that: (a) any limitation period is expressly excluded and waived entirely if permitted by applicable law; (b) if a complete exclusion and waiver of any limitation period is not permitted by applicable law, any limitation period is extended to the maximum length permitted by applicable law; (c) any applicable limitation period shall not begin before an express demand for payment of the Obligations is made in writing by the Credit Union to the Obligor; and (d) any applicable limitation period shall begin afresh upon any payment or other acknowledgment of the Obligations by the Obligor.

  • Meal Periods (a) Meal periods shall be scheduled as close as possible to the middle of the scheduled hours of work. The length of the meal period shall be agreed to at the local level and shall be not less than 30 minutes nor more than 60 minutes. (b) An employee shall be entitled to take their meal period away from the workstation. Where this cannot be done, the meal period shall be considered as time worked.

  • Renewal Periods Renewal of registered names may be made in one (1) year increments for up to a maximum of ten (10) years. For the avoidance of doubt, renewal of registered names may not extend their registration period beyond ten (10) years from the time of the renewal.

  • Notice Periods The notice period (expressed in Working Days) to be given by the Customer in respect of Clause 38.1 shall be the number of whole days that is 20% of the total duration of the final SOW to be executed under this Contract, up to a maximum of 30 Working Days. Partial days shall be discounted in the calculation and the duration of the SOW shall be calculated in Working Days. For example, if the duration of the SOW is 10 Working Days: 20% of the SOW is 2 days. The Notice Period = 2 Working Days; or if the duration of the SOW is 62 Working Days, 20% of the SOW is 12.

  • Preparation Periods 31-1 The School District agrees to maintain daily preparation periods during the student day in all junior and senior high schools. At schools where block scheduling is in effect, the total preparation time provided shall be equal to the preparation time provided at schools not operating on a block schedule. 31-2 The School District shall maintain at each elementary school a minimum of two hundred and fifty (250) minutes preparation time per week per teacher, during the students’ instructional day, in not less than forty- (40) minute blocks. Each elementary school shall be allocated and assigned library aide hours per school day in accordance with the following schedule: This aide time is provided in addition to the assigned media clerk time. Library aide time is guaranteed for the school year once set on a school year basis. There will be no changes in library aide time allocated due to fluctuation in enrollment. This provision for allocating library aide time will only remain as part of this Agreement if librarians are used to provide preparation time to elementary teachers. 31-3 Preparation time provided for in this Article shall be utilized by teachers in a manner which enables further development and refinement of professional skills and for instructional effectiveness. 31-4 Although it does not relate to any mandatory subject of bargaining, the School District states that it is its aim and objective to establish a maximum class load of thirty (30) students in grades 4, 5, and 6. 00-0 Xxx Xxxxxxxx may direct use of teacher preparation periods if such directed use is infrequent, advance notice is given and the District’s use of the teacher’s preparation period must not consume an entire period.

  • Vacation Period ‌ The choice of vacation periods shall be granted to employees on the basis of seniority with the Employer except where the period requested would be detrimental to the operation of the Employer.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!