Common use of Notice and Acknowledgement Clause in Contracts

Notice and Acknowledgement. Executive acknowledges that, before signing this Agreement, he was given a period of 21 days in which to consider this Agreement. Executive understands this Agreement and is entering into it voluntarily. If Executive chooses to sign this Agreement before the 21 days have elapsed since this Agreement was delivered to him, he agrees that he has done so knowingly and voluntarily without coercion or duress of any kind. Executive further acknowledges that the Company has encouraged and does encourage him to discuss this Agreement with an attorney before signing it and that Executive did so to the extent he deemed appropriate. In any event, before Executive signs this Agreement, he will have thoroughly reviewed, carefully considered and understood its effect. Also, after Executive has signed this Agreement, he has until the later of 7 days after signing or ___, 200___to reconsider and revoke it, but he must do so within that period by providing written notice received by the Company during that period at Pet DRx Corporation, 000 Xxxxxxxxxx Xxxxx, Xxxxx 000, Xxxxxxxxx, XX 00000, Attention: General Counsel. Notwithstanding the foregoing, Executive’s termination of employment at ___, 200_, shall be unaffected by his revocation of this Agreement. PET DRX CORPORATION Date: By: Title: Executive Date: This Employee Confidentiality and Assignment of Creative Works Agreement is entered into as of the last date set forth on the signature page hereto, by and between Pet DRx Corporation, a Delaware corporation (“Company”), and the individual and/or entity identified on the signature page hereto (“Employee”). For purposes of this Agreement, the “Company” shall include any company which controls or is controlled by the Company, as well as all other affiliates of Company and/or its principals and each such company is an intended third-party beneficiary of this Agreement.

Appears in 2 contracts

Samples: Executive Employment Agreement (Pet DRx CORP), Executive Employment Agreement (Pet DRx CORP)

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Notice and Acknowledgement. Executive acknowledges that, before signing this Agreement, he was given a period of 21 days in which to consider this Agreement. Executive understands this Agreement and is entering into it voluntarily. If Executive chooses to sign this Agreement before the 21 days have elapsed since this Agreement was delivered to him, he agrees that he has done so knowingly and voluntarily without coercion or duress of any kind. Executive further acknowledges that the Company has encouraged and does encourage him to discuss this Agreement with an attorney before signing it and that Executive did so to the extent he deemed appropriate. In any event, before Executive signs this Agreement, he will have thoroughly reviewed, carefully considered and understood its effect. Also, after Executive has signed this Agreement, he has until the later of 7 days after signing or _________ ___, 200___to 200___ to reconsider and revoke it, but he must do so within that period by providing written notice received by the Company during that period at Pet DRx Corporation, 000 Xxxxxxxxxx Xxxxx, Xxxxx 000, Xxxxxxxxx, XX 00000, Attention: General Counsel. Notwithstanding the foregoing, Executive’s termination of employment at _________ ___, 200___, shall be unaffected by his revocation of this Agreement. PET DRX CORPORATION Date: By: Title: Executive Date: This Employee Confidentiality and Assignment of Creative Works Agreement is entered into as of the last date set forth on the signature page hereto, by and between Pet DRx Corporation, a Delaware corporation (“Company”), and the individual and/or entity identified on the signature page hereto (“Employee”). For purposes of this Agreement, the “Company” shall include any company which controls or is controlled by the Company, as well as all other affiliates of Company and/or its principals and each such company is an intended third-party beneficiary of this Agreement.:

Appears in 1 contract

Samples: Executive Employment Agreement (Pet DRx CORP)

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Notice and Acknowledgement. Executive acknowledges that, before signing this Agreement, he was given a period of 21 days in which to consider this Agreement. Executive understands this Agreement and is entering into it voluntarily. If Executive chooses to sign this Agreement before the 21 days have elapsed since this Agreement was delivered to him, he agrees that he has done so knowingly and voluntarily without coercion or duress of any kind. Executive further acknowledges that the Company has encouraged and does encourage him to discuss this Agreement with an attorney before signing it and that Executive did so to the extent he deemed appropriate. In any event, before Executive signs this Agreement, he will have thoroughly reviewed, carefully considered and understood its effect. Also, after Executive has signed this Agreement, he has until the later of 7 days after signing or ___January 1, 200___to 2009 to reconsider and revoke it, but he must do so within that period by providing written notice received by the Company during that period at Pet DRx Corporation, 000 Xxxxxxxxxx Xxxxx, Xxxxx 000, Xxxxxxxxx, XX 00000, Attention: General CounselXxxxxx Xxxxxxxxx. Notwithstanding the foregoing, Executive’s termination of employment at ___December 31, 200_, 2008 shall be unaffected by his revocation of this Agreement. In addition, after Executive has signed this Agreement, the Company has until the later of seven (7) days after Executive has signed or January 1, 2009 to reconsider and revoke it, but the Company must do so within that period by providing written notice received by the Executive during that period at Xxxxxx X. Xxxxxxx, 0000 Xxxxxx Xxxxx, Xxxxxxxxx, XX 00000. PET DRX CORPORATION Date: By: /s/ Xxxx X. Xxxxxxxx Name: Xxxx X. Xxxxxxxx Title: Chairman and Chief Executive DateOfficer Dated: This Employee Confidentiality 12/30/2008 /s/ Xxxxxx X. Xxxxxxx XXXXXX X. XXXXXXX Dated: 12/29/2008 1. The Company will pay Executive $137,500 on March 2, 2009, and Assignment $137,500 on May 1, 2009. The Company will also pay Executive $9,423 with Executive’s final paycheck that is payable in January 2009 after the Effective Date for Executive’s seven accrued but unused vacation days from 2008. 2. If Executive timely elects COBRA continuation coverage for himself (and if they are eligible his spouse and eligible dependents) under the Company’s group health plans, Executive shall be required, with respect to premiums for coverage through the earlier of Creative Works Agreement June 30, 2008 or the date that COBRA continuation coverage ends, to pay the same premium amount that similarly situated active employees pay for such coverage. THIS AGREEMENT (this “Agreement”) is entered into made effective as of the last date set forth on 2nd day of January, 2009 (the signature page hereto“Effective Date”), by and between Pet DRx CorporationPET DRX CORPORATION, a Delaware corporation Corporation (“Company”), and XXXXXX X. XXXXXXX (the individual and/or entity identified on the signature page hereto (EmployeeContractor”). For purposes of this Agreement, the “Company” shall include any company which controls or is controlled by the Company, as well as all other affiliates of Company and/or its principals and each such company is an intended third-party beneficiary of this Agreement.

Appears in 1 contract

Samples: Separation Agreement (Pet DRx CORP)

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