Common use of Effective Date and Revocation Period Clause in Contracts

Effective Date and Revocation Period. This Agreement shall not be effective or enforceable until 7 days after its execution by Faculty Member (the “Effective Date”). Either party may cancel this Agreement at any time before the Effective Date by way of written communication to the other or its counsel. Any revocation within this period must be submitted, in writing, to the Vice President of Human Resources and states, "I hereby revoke my acceptance of our Agreement." The revocation must be personally delivered to the Vice President of Human Resources or her designee, or mailed to the Vice President of Human Resources and postmarked within seven (7) calendar days after Faculty Member signs this Agreement. After the revocation period has elapsed and if Faculty Member has not revoked this Agreement during this seven day period, Faculty Member understands that it will be irrevocable and binding on Faculty Member and his/her heirs, executors, administrators, legal representatives, successors, and assigns.

Effective Date and Revocation Period. This Agreement shall not be effective or enforceable until 7 days after its execution by Faculty Member (the “Effective Date”). Either party may cancel this Agreement at any time before the Effective Date by way of written communication to the other or its counsel. Any revocation within this period must be submitted, in writing, to the Vice President of Human Resources and states, "I hereby revoke my acceptance of our Agreement." The revocation must be personally delivered to the Vice President of Human Resources or her his designee, or mailed to the Vice President of Human Resources and postmarked within seven (7) calendar days after Faculty Member signs this Agreement. After the revocation period has elapsed and if Faculty Member has not revoked this Agreement during this seven day period, Faculty Member understands that it will be irrevocable and binding on Faculty Member and his/her heirs, executors, administrators, legal representatives, successors, and assigns.

Effective Date and Revocation Period. This Agreement shall not be effective or enforceable until 7 days after its execution by Faculty Member Employee (the “Effective Date”). Either party may cancel this Agreement at any time before the Effective Date by way of written communication to the other or its counsel. Any revocation within this period must be submitted, in writing, to the Vice President of Human Resources and states, "I hereby revoke my acceptance of our Agreement." The revocation must be personally delivered to the Vice President of Human Resources or her his designee, or mailed to the Vice President of Human Resources and postmarked within seven (7) calendar days after Faculty Member Employee signs this Agreement. After the revocation period has elapsed and if Faculty Member Employee has not revoked this Agreement during this seven day period, Faculty Member Employee understands that it will be irrevocable and binding on Faculty Member Employee and his/her heirs, executors, administrators, legal representatives, successors, and assigns.