Effective Time of Release. The Executive may accept this Release by signing it and returning it to [NAME], General Nutrition Centers, Inc., 000 Xxxxx Xxxxxx, Xxxxxxxxxx, XX 00000, within twenty-one (21) days of his receipt of the same. After executing this Release, the Executive will have seven (7) days (the “Revocation Period”) to revoke this Release by indicating his desire to do so in writing delivered to [NAME] at the address above (or by fax at [FAX NUMBER]) by no later than 5:00 p.m. EST on the seventh (7th) day after the date he signs this Agreement. The effective date of this Agreement shall be the eight (8th) day after the Executive signs this Agreement (the “Release Effective Date”). If the last day of the Revocation Period falls on a Saturday, Sunday or holiday, the last day of the Revocation Period will be deemed to be the next business day. If the Executive does not execute this Release or exercises his right to revoke hereunder, he shall forfeit his right to receive any of the Termination Benefits, and to the extent such Termination Benefits have already been provided, the Executive agrees that he will immediately reimburse Centers for the amounts of such payment.
Appears in 2 contracts
Samples: Employment Agreement (GNC Acquisition Holdings Inc.), Employment Agreement (General Nutrition Centers, Inc.)
Effective Time of Release. The Executive may accept this Release by signing it and returning it to [NAME], General Nutrition CentersIconix Brand Group, Inc., 000 Xxxxx Xxxxxx0000 Xxxxxxxx, Xxxxxxxxxx0xx Xxxxx, XX 00000Xxx Xxxx, Xxx Xxxx, Xxxxxxxxx: [●] within [twenty-one (21) )] [forty-five (45)] days of his receipt of the same. After executing this Release, the Executive will have seven (7) days (the “Revocation Period”) to revoke this Release by indicating his desire to do so in writing delivered to [NAME●] at the address above (or by fax at [FAX NUMBER●]) by no later than 5:00 p.m. EST on the seventh (7th) day after the date he signs this Agreement. The effective date of this Agreement shall be the eight (8th) day after the Executive signs this Agreement (the “Release Effective Date”). If the last day of the Revocation Period falls on a Saturday, Sunday or holiday, the last day of the Revocation Period will be deemed to be the next business day. If the Executive does not execute this Release or exercises his right to revoke hereunder, he shall forfeit his right to receive any of the Termination Benefits, and to the extent such Termination Benefits have already been provided, the Executive agrees that he will immediately reimburse Centers the Company for the amounts of such payment.
Appears in 2 contracts
Samples: Employment Agreement (Iconix Brand Group, Inc.), Employment Agreement (Iconix Brand Group, Inc.)
Effective Time of Release. The Executive may accept this Release by signing it and returning it to [NAME], General Nutrition CentersTake-Two Interactive Software, Inc., 000 Xxxxx Xxxxxx, Xxxxxxxxxx, XX 00000[ADDRESS], within [twenty-one (21) )] [forty-five (45)] days of his the Executive’s receipt of the same. After executing this Release, the Executive will have seven (7) days (the “Revocation Period”) to revoke this Release by indicating his the Executive’s desire to do so in writing delivered to [NAME] at the address above (or by fax at [FAX NUMBER( ) - ]) by no later than 5:00 p.m. EST on the seventh (7th) day after the date he the Executive signs this AgreementRelease. The effective date of this Agreement Release shall be the eight (8th) day after the Executive signs this Agreement Release (the “Release Effective Date”). If the last day of the Revocation Period falls on a Saturday, Sunday or holiday, the last day of the Revocation Period will be deemed to be the next business day. If the Executive does not execute this Release or exercises his the Executive’s right to revoke hereunder, he the Executive shall forfeit his the right to receive any of the Termination Benefits, and to the extent such Termination Benefits have already been provided, the Executive agrees that he will to immediately reimburse Centers the Company for the amounts of such payment.
Appears in 1 contract
Samples: Employment Agreement (Take Two Interactive Software Inc)
Effective Time of Release. The Executive may accept this Release by signing it and returning it to [NAME], General Nutrition CentersIconix Brand Group, Inc., 000 Xxxxx Xxxxxx0000 Xxxxxxxx, Xxxxxxxxxx0xx Xxxxx, XX 00000Xxx Xxxx, Xxx Xxxx, Attention: Xxxx Xxxxx, President and Chief Executive Officer within twenty-one (21) days of his receipt of the same. After executing this Release, the Executive will have seven (7) days (the “Revocation Period”) to revoke this Release by indicating his desire to do so in writing delivered to [NAME] the General Counsel of the Company at the address above (or by fax at [FAX NUMBER](000 000-0000) by no later than 5:00 p.m. EST on the seventh (7th) day after the date he signs this AgreementRelease. The effective date of this Agreement Release shall be the eight eighth (8th) day after the Executive signs this Agreement Release (the “Release Effective Date”). If the last day of the Revocation Period falls on a Saturday, Sunday or holiday, the last day of the Revocation Period will be deemed to be the next business day. If the Executive does not execute this Release or exercises his right to revoke hereunder, he shall forfeit his right to receive any of the Termination Benefitspayments and the benefits to be provided by the Company pursuant to the Separation Agreement (other than pursuant to Paragraph 2(B) thereof), and to the extent such Termination Benefits payments have already been provided, the Executive agrees that he will immediately reimburse Centers the Company for the amounts of such paymentpayments.
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Effective Time of Release. The Executive may accept this Release by signing it and returning it to [NAME], General Nutrition CentersIconix Brand Group, Inc., 000 Xxxxx Xxxxxx1450 Broadway, Xxxxxxxxxx4xx Xxxxx, XX 00000Xxx Xxxx, Xxx Xxxx, Xxxxxxxxx: [·] within [twenty-one (21) )] [forty-five (45)] days of his receipt of the same. After executing this Release, the Executive will have seven (7) days (the “Revocation Period”) to revoke this Release by indicating his desire to do so in writing delivered to [NAME·] at the address above (or by fax at [FAX NUMBER·]) by no later than 5:00 p.m. EST on the seventh (7th) day after the date he signs this AgreementRelease. The effective date of this Agreement Release shall be the eight (8th) day after the Executive signs this Agreement Release (the “Release Effective Date”). If the last day of the Revocation Period falls on a Saturday, Sunday or holiday, the last day of the Revocation Period will be deemed to be the next business day. If the Executive does not execute this Release or exercises his right to revoke hereunder, he shall forfeit his right to receive any of the Termination Benefits, and to the extent such Termination Benefits have already been provided, the Executive agrees that he will immediately reimburse Centers the Company for the amounts of such payment.
Appears in 1 contract
Effective Time of Release. The Executive may accept this Release by signing it and returning it to [NAME], General Nutrition CentersIconix Brand Group, Inc., 000 Xxxxx Xxxxxx0000 Xxxxxxxx, Xxxxxxxxxx0xx Xxxxx, XX 00000Xxx Xxxx, Xxx Xxxx, Xxxxxxxxx: [•] within [twenty-one (21) )] [forty-five (45)] days of his receipt of the same. After executing this Release, the Executive will have seven (7) days (the “Revocation Period”) to revoke this Release by indicating his desire to do so in writing delivered to [NAME•] at the address above (or by fax at [FAX NUMBER•]) by no later than 5:00 p.m. EST on the seventh (7th) day after the date he signs this Agreement. The effective date of this Agreement shall be the eight (8th) day after the Executive signs this Agreement (the “Release Effective Date”). If the last day of the Revocation Period falls on a Saturday, Sunday or holiday, the last day of the Revocation Period will be deemed to be the next business day. If the Executive does not execute this Release or exercises his right to revoke hereunder, he shall forfeit his right to receive any of the Termination Benefits, and to the extent such Termination Benefits have already been provided, the Executive agrees that he will immediately reimburse Centers the Company for the amounts of such payment.
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