Common use of Effectiveness of Release Clause in Contracts

Effectiveness of Release. This Release will be effective on the eighth (8th) day after it is executed by Employee, provided that Employee has not revoked Employee’s release as provided in Section 5(c) below.

Appears in 3 contracts

Samples: Stock Option Agreement (Transaction Systems Architects Inc), Stock Option Agreement (Transaction Systems Architects Inc), Stock Option Agreement (Transaction Systems Architects Inc)

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Effectiveness of Release. This Release will be effective on the eighth (8th) day after it is executed by Employee, provided that Employee has not revoked Employee’s 's release as provided in Section 5(c) below.

Appears in 1 contract

Samples: Stock Option Agreement (Transaction Systems Architects Inc)

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Effectiveness of Release. This Release will be effective on the eighth (8th) day after it is executed by the Employee, provided that the Employee has not revoked the Employee’s release as provided in Section 5(c4(b) belowof this Release below (the “Effective Date”).

Appears in 1 contract

Samples: Employment Agreement (Versar Inc)

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