Common use of Due Care Clause in Contracts

Due Care. This Release contains a release of all claims under the Age Discrimination in Employment Act ("ADEA") and, therefore, pursuant to the requirements of the ADEA, the Employee acknowledges that he has been advised (i) that this release includes, but is not limited to, all claims under the ADEA arising up to and including the date of execution of this release; (ii) to consult with an attorney and or other advisor of his choosing concerning his rights and obligations under this release; (iii) to fully consider this release before executing it, and that he has been offered ample time and opportunity, in excess of 21 days, to do so; and (iv) that this release shall become effective and enforceable 7 days following execution of this Release by the Executive, during which 7-day period the Executive may revoke his acceptance of this Release by delivering written notice to: Corporate Secretary, Peoples Energy Corporation, 000 Xxxx Xxxxxxxx Xxxxx, Chicago, Illinois 60601.

Appears in 4 contracts

Samples: Severance Agreement (Peoples Energy Corp), Severance Agreement (Peoples Energy Corp), Severance Agreement (Peoples Energy Corp)

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Due Care. This Release contains a release of all claims under the Age Discrimination in Employment Act ("ADEA") and, therefore, pursuant to the requirements of the ADEA, the Employee Executive acknowledges that he has been advised (i) that this release includes, but is not limited to, all claims under the ADEA arising up to and including the date of execution of this release; (ii) to consult with an attorney and or other advisor of his choosing concerning his rights and obligations under this release; (iii) to fully consider this release before executing it, and that he has been offered ample time and opportunity, in excess of 21 days, to do so; and (iv) that this release shall become effective and enforceable 7 days following execution of this Release by the Executive, during which 7-day period the Executive may revoke his acceptance of this Release by delivering written notice to: Corporate Secretary, Peoples Energy Corporation, 000 100 Xxxx Xxxxxxxx Xxxxx, Chicago, Illinois 60601.

Appears in 1 contract

Samples: Employment and Retention Agreement (Peoples Energy Corp)

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Due Care. This Release contains a release of all claims under the Age Discrimination in Employment Act ("ADEA") and, therefore, pursuant to the requirements of the ADEA, the Employee acknowledges that he has been advised (i) that this release includes, but is not limited to, all claims under the ADEA arising up to and including the date of execution of this release; (ii) to consult with an attorney and or other advisor of his choosing concerning his rights and obligations under this release; (iii) to fully consider this release before executing it, and that he has been offered ample time and opportunity, in excess of 21 days, to do so; and (iv) that this release shall become effective and enforceable 7 days following execution of this Release by the Executive, during which 7-day period the Executive may revoke his acceptance of this Release by delivering written notice to: Corporate Secretary, Peoples Energy Corporation, 000 Xxxx Xxxxxxxx Xxxxx, Chicago, Illinois 60601.

Appears in 1 contract

Samples: Severance Agreement (Peoples Energy Corp)

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