Common use of Older Workers Benefit Protection Act Acknowledgements Clause in Contracts

Older Workers Benefit Protection Act Acknowledgements. Executive acknowledges and agrees that the consideration set forth in Section 1 above constitutes consideration beyond that which, but for the mutual covenants set forth in this Agreement, Receptos would be obligated to provide, or Executive otherwise would be entitled to receive. Executive acknowledges that Executive has twenty-one (21) days after actual receipt of this Agreement in which to consider and execute this Agreement. Changes to this Agreement, whether material or immaterial, do not restart the twenty-one (21) day period. Executive agrees and acknowledges that if Executive chooses to sign this Agreement before twenty-one (21) days after Executive received it, that Executive has done so voluntarily. Furthermore, Executive has a period of seven (7) days following the execution of this Agreement in which to revoke this Agreement. Accordingly, this Agreement shall not become effective or enforceable (and none of the consideration set forth in Section 1 above shall be paid or recognized) until such seven (7) day revocation period has expired.

Older Workers Benefit Protection Act Acknowledgements. Executive Employee acknowledges and agrees that the severance consideration set forth in Section 1 above constitutes consideration beyond that which, but for the mutual covenants set forth in this Agreement, Receptos Opexa would be obligated to provide, or Executive Employee otherwise would be entitled to receive. Executive acknowledges that Executive Employee has twenty-one (21) days after actual receipt of this Agreement in which to consider and execute this Agreement. Changes Mutually agreed upon changes to this Agreement, whether material or immaterial, do not restart the twenty21-one (21) day period. Executive Employee agrees and acknowledges that if Executive she chooses to sign this Agreement before twenty-one (21) 21 days after Executive she received it, that Executive she has done so voluntarily. Furthermore, Executive Employee has a period of seven (7) days following the execution of this Agreement in which to revoke this Agreement. Accordingly, this Agreement shall will not become effective or enforceable (and none of until the consideration set forth in Section 1 above shall be paid or recognized) until such seven (7) day revocation period has expired.

Older Workers Benefit Protection Act Acknowledgements. Executive acknowledges and agrees that the consideration set forth in Section 1 above constitutes consideration beyond that which, but for the mutual covenants set forth in this Agreement, Receptos would be obligated to provide, or Executive otherwise would be entitled to receive. Executive acknowledges that Executive has twenty-one (21) days after actual receipt of this Agreement in which to consider and execute this Agreement. Changes to this Agreement, whether material or immaterial, do not restart the twenty-one (21) day period. Executive agrees and acknowledges that if Executive chooses to sign this Agreement before twenty-one (21) days after Executive received it, that Executive has done so voluntarily. Furthermore, Executive has a period of seven (7) days following the execution of this Agreement in which to revoke this Agreement. Accordingly, this Agreement shall not become effective or enforceable (and none of the consideration set forth in Section 1 above shall be paid or recognized) until such seven (7) day revocation period has expired.}