Common use of Opportunity for Review; Acceptance Clause in Contracts

Opportunity for Review; Acceptance. The Employee has until the Offer Expiration Date (which is twenty-one (21) days following the Employee’s receipt of this Agreement or as otherwise agreed by the Parties) to review and consider this Agreement, and the Employee may accept the terms of this Agreement by executing this Agreement and delivering it to the Company at any time during such twenty-one (21) day review period. Following its acceptance and execution by the Employee, this Agreement will not become effective or enforceable for a period of seven (7) calendar days following the date of its execution (such period, the “Revocation Period”), during which time the Employee may revoke his acceptance of this Agreement by notifying the CEO in writing. To be effective, such revocation must be received by the CEO no later than 5:00 p.m., prevailing Central Time, on the seventh (7th) calendar day following its execution. Provided that the Agreement is executed on or prior to the Offer Expiration Date and the Employee does not timely revoke it, the eighth (8th) day following the date on which this Agreement is executed will be its effective date (the “Effective Date”). In the event of the Employee’s failure to execute and deliver this Agreement on or prior to the Offer Expiration Date, or his revocation of this Agreement during the Revocation Period, this Agreement will be null and void and of no effect, and the Company will have no obligations hereunder.

Appears in 2 contracts

Samples: Separation and Consulting Agreement (Tidewater Inc), Separation Agreement (Tidewater Inc)

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Opportunity for Review; Acceptance. The Employee has until You have through the Offer Expiration Date (which is twenty-one first (2121st) days day following the Employee’s receipt of this Agreement or as otherwise agreed by date hereof (the Parties“Review Period”) to review and consider this Agreement. To accept this Agreement, and the Employee may accept terms and conditions contained herein, prior to the terms expiration of the Review Period, you must execute and date this Agreement where indicated below and return the executed copy of this Agreement by executing this Agreement and delivering it to the Company at any time during such twenty-one (21) day review periodCompany, to the attention of the Company’s General Counsel. Following its acceptance and execution by Notwithstanding anything contained herein to the Employeecontrary, this Agreement will not become effective or enforceable for a period of seven (7) calendar days following the date of its execution (such period, the “Revocation Period”), during which time the Employee you may revoke his your acceptance of this Agreement by notifying the CEO General Counsel, in writing, via facsimile at (000) 000-0000. To be effective, such revocation must be received by sent to the CEO Company no later than 5:00 p.m., prevailing Central Time, p.m. on the seventh (7th) calendar day following its execution. Provided that the this Agreement is executed on or prior to the Offer Expiration Date and the Employee does you do not timely revoke it, the eighth (8th) day following the date on which this Agreement is executed will shall be its effective date (the “Effective Date”). In the event of the Employee’s your failure to execute and deliver this Agreement on or prior to the Offer Expiration Dateexpiration of the Review Period, or his revocation of if you otherwise revoke this Agreement during the Revocation Period, this Agreement will be null and void and of no effect, and the Company will have no obligations hereunder.. * * *

Appears in 2 contracts

Samples: Separation, Consulting and Release Agreement (La Quinta Holdings Inc.), Separation and Release Agreement (La Quinta Holdings Inc.)

Opportunity for Review; Acceptance. The Employee has You have until the Offer Expiration Date (which is twenty-one (21) days following the Employee’s receipt of this Agreement or as otherwise agreed by Termination Date (the Parties“Review Period”) to review and consider this AgreementRelease. To accept this Release, and the Employee may accept the terms of this Agreement by executing this Agreement and delivering it conditions contained herein, prior to the Company at any time during such twenty-one (21) day review periodexpiration of the Review Period, you must execute and date this Release where indicated below and return the executed copy of the Release to the Company, to the attention of Xxx Xxxx, the Company’s Chief Executive Officer. Following its acceptance and execution by Notwithstanding anything contained herein to the Employeecontrary, this Agreement Release will not become effective or enforceable for a period of seven (7) calendar days following the date of its execution (such period, the “Revocation Period”), during which time the Employee you may revoke his your acceptance of this Agreement Release by notifying the CEO Xxx Xxxx, in writing. To be effective, such revocation must be received by the CEO Company no later than 5:00 p.m., prevailing Central Time, p.m. on the seventh (7th) calendar day following its execution. Provided that the Agreement Release is executed on or prior to the Offer Expiration Date and the Employee does you do not timely revoke it, the eighth (8th) day following the date on which this Agreement Release is executed will shall be its effective date (the “Effective Date”). In the event of the Employee’s your failure to execute and deliver this Agreement Release on or following the Termination Date but prior to the Offer Expiration expiration of the Review Period, you execute this Release prior to the Termination Date, or his revocation of otherwise revoke this Agreement Release during the Revocation Period, this Agreement Release will be null and void and of no effect, and the Company will have no obligations hereunder.. * * *

Appears in 1 contract

Samples: Transition Agreement (Spheris Inc.)

Opportunity for Review; Acceptance. The Employee has You shall have from the delivery date set forth above until July 3, 2009 (the Offer Expiration Date (which is twenty-one (21) days following the Employee’s receipt of this Agreement or as otherwise agreed by the Parties) “Review Period”), to review and consider this Agreement, and the Employee may . To accept the terms of this Agreement by executing this Agreement and delivering it the terms and conditions contained herein, you must execute and date this Agreement where indicated below and return the executed copy of the Agreement to the Company at any time during such twenty-one (21) day review periodprior to the expiration of the Review Period, to the attention of the Company’s General Counsel. Following its acceptance and execution by Notwithstanding anything contained herein to the Employeecontrary, this Agreement will not become effective or enforceable for a period of seven (7) calendar days following the date of its execution and delivery to the Company (such period, the “Revocation Period”), during which time you may further review and consider the Employee may Agreement and revoke his your acceptance of this Agreement by notifying the CEO Company’s General Counsel in writing. To be effective, such revocation must be received by the CEO no later than 5:00 p.m., prevailing Central Atlantic Daylight Time, on the seventh (7th) calendar day following its execution. Provided that the Agreement is executed on or prior to the Offer Expiration Date and the Employee does you have not timely revoke revoked it, the eighth (8th) day following the date on which this the Agreement is executed will and delivered to the Company shall be its effective date (the “Effective Date”). In the event of the Employee’s your failure to execute and deliver this Agreement on or prior to the Offer Expiration Dateexpiration of the Review Period, or his your subsequent revocation of this Agreement during the Revocation Period, this Agreement will be null and void and of no effect, and the Company will have no obligations hereunder, and you shall not be entitled to any payments or benefits under your Employment Agreement that are conditioned upon the execution of a release of claims (which for purposes of clarification shall be any and all payments and benefits otherwise owing to you thereunder following the Separation Date (defined below), other than the Accrued Obligations).

Appears in 1 contract

Samples: Separation, Consulting, and Release Agreement (Renaissancere Holdings LTD)

Opportunity for Review; Acceptance. The Employee has You have until October 9, 2018 (the Offer Expiration Date (which is twenty-one (21) days following the Employee’s receipt of this Agreement or as otherwise agreed by the Parties) “Review Period”), to review and consider this Agreement. To accept this Agreement, and the Employee may accept terms and conditions contained herein, prior to the expiration of the Review Period (but in no event earlier than the Separation Date (as defined below)), you must execute and date this Agreement where indicated below and return the executed copy of this Agreement to the Company’s Senior Vice President, Human Resources, Xxxxxx Xxxxxxxx (the “Company Representative”) by mail at c/o Melinta Therapeutics, 00 Xxxxxxxx Xxxx, Xxxxx 000, Xxxxxxxxxx, XX 00000, Attention: Xxxxxx Xxxxxxxx, or by email at xxxxxxxxx@xxxxxxx.xxx. You acknowledge that, to the extent there are changes made to the terms of this Agreement by executing this Agreement and delivering it Agreement, whether they are material or immaterial, the Review Period is not recommenced. Notwithstanding anything contained herein to the Company at any time during such twenty-one (21) day review period. Following its acceptance and execution by the Employeecontrary, this Agreement will not become effective or enforceable for a period of seven (7) calendar days following the date of its your execution of this Agreement (such period, the “Revocation Period”), during which time the Employee you may revoke his your acceptance of this Agreement by notifying the CEO Company Representative, in writing, to the address specified above. To be effective, such revocation must be received by the CEO Company Representative no later than 5:00 p.m., prevailing Central Time, p.m. Eastern Time on the seventh (7th) calendar day following its executionyour execution of this Agreement. Provided that the this Agreement is executed on or prior to during the Offer Expiration Date Review Period, and you do not revoke it during the Employee does not timely revoke itRevocation Period, the eighth (8th) day following the date on which this Agreement is executed will and delivered to the Company Representative shall be its effective date (the “Effective Date”). In the event of the Employee’s failure that you fail to execute and deliver this Agreement on or prior to the Offer Expiration Dateexpiration of the Review Period, or his revocation of if you otherwise revoke this Agreement during the Revocation Period, this Agreement will be null and void and of no effect, and the Company will have no obligations hereunder.

Appears in 1 contract

Samples: Separation and Release Agreement (Melinta Therapeutics, Inc. /New/)

Opportunity for Review; Acceptance. The Employee has until You have through the Offer Expiration Date forty-fifth (which is twenty-one (2145th) days day following the Employee’s receipt of this Agreement or as otherwise agreed by date hereof (the Parties“Review Period”) to review and consider this Agreement. To accept this Agreement, and the Employee may accept terms and conditions contained herein, prior to the terms expiration of the Review Period, you must execute and date this Agreement where indicated below and return the executed copy of this Agreement by executing this Agreement and delivering it to the Company at any time during such twenty-one (21) day review periodCompany, to the attention of the Company’s General Counsel. Following its acceptance and execution by Notwithstanding anything contained herein to the Employeecontrary, this Agreement will not become effective or enforceable for until after the expiration of a period of seven (7) calendar days following the date of its execution (such period, the “Revocation Period”), during which time the Employee you may revoke his your acceptance of this Agreement by notifying the CEO General Counsel, in writing, via facsimile at (000) 000-0000. To be effective, such revocation must be received by sent to the CEO Company no later than 5:00 p.m., prevailing p.m. (Central Time, ) on the seventh (7th) calendar day following its execution. Provided that the this Agreement is executed on or prior to the Offer Expiration Date and the Employee does you do not timely revoke it, the eighth (8th) day following the date on which this Agreement is executed will shall be its effective date (the “Effective Date”). In the event of the Employee’s your failure to execute and deliver this Agreement on or prior to the Offer Expiration Dateexpiration of the Review Period, or his revocation of if you otherwise revoke this Agreement during the Revocation Period, this Agreement will be null and void and of no effect, and the Company will have no obligations hereunder.. * **

Appears in 1 contract

Samples: Separation and Release Agreement (CorePoint Lodging Inc.)

Opportunity for Review; Acceptance. The Employee has You shall have from the Delivery Date until June 5, 2013 (the Offer Expiration Date (which is twenty-one (21) days following the Employee’s receipt of this Agreement or as otherwise agreed by the Parties) “Review Period”), to review and consider this Agreement, . To accept this Agreement and the Employee may accept terms and conditions contained herein, you must execute and date this Agreement where indicated below and return the terms executed copy of this Agreement by executing this Agreement and delivering it to the Company at any time during such twenty-one (21) day review periodprior to the expiration of the Review Period, to the attention of the Company’s General Counsel. Following its acceptance and execution by Notwithstanding anything contained herein to the Employeecontrary, this Agreement will not become effective or enforceable for a period of seven (7) calendar days following the date of its execution and delivery to the Company (such period, the “Revocation Period”), during which time the Employee you may further review and consider this Agreement and revoke his your acceptance of this Agreement by notifying the CEO Company’s General Counsel in writing. To be effective, such revocation must be received by the CEO no later than 5:00 p.m., prevailing Central Atlantic Time, on the seventh (7th) calendar last day following its executionof the Revocation Period. Provided that the this Agreement is executed on or prior to the Offer Expiration Date and the Employee does you have not timely revoke revoked it, the eighth (8th) day following the date on which this Agreement is executed will and delivered to the Company shall be its effective date (the “Effective Date”). In the event of the Employee’s your failure to execute and deliver this Agreement on or prior to the Offer Expiration Dateexpiration of the Review Period, or his your subsequent revocation of this Agreement during the Revocation Period, this Agreement will be null and void and of no effect, and the Company will have no obligations hereunder, and you shall not be entitled to any payments or benefits under your Employment Agreement that are conditioned upon the execution of a release of claims (which for purposes of clarification shall include all payments and benefits otherwise owing to you thereunder following the Termination Date, other than Accrued Obligations).

Appears in 1 contract

Samples: Transition and Services Agreement (Renaissancere Holdings LTD)

Opportunity for Review; Acceptance. The Employee has until the Offer Expiration Date (which is twenty-one (21) days following the Employee’s 's receipt of this Agreement or as otherwise agreed by the Parties) to review and consider this Agreement, and the Employee may accept the terms of this Agreement by executing this Agreement and delivering it to the Company at any time during such twenty-one (21) day review period. Following its acceptance and execution by the Employee, this Agreement will not become effective or enforceable for a period of seven (7) calendar days following the date of its execution (such period, the "Revocation Period"), during which time the Employee may revoke his acceptance of this Agreement by notifying the CEO Chairman of the Board, in writing. To be effective, such revocation must be received by the CEO Chairman of the Board no later than 5:00 p.m., prevailing Central Time, on the seventh (7th) calendar day following its execution. Provided that the Agreement is executed on or prior to the Offer Expiration Date and the Employee does not timely revoke it, the eighth (8th) day following the date on which this Agreement is executed will be its effective date (the "Effective Date"). In the event of the Employee’s 's failure to execute and deliver this Agreement on or prior to the Offer Expiration Date, or his revocation of this Agreement during the Revocation Period, this Agreement will be null and void and of no effect, and the Company will have no obligations hereunder.

Appears in 1 contract

Samples: Separation Agreement (Tidewater Inc)

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Opportunity for Review; Acceptance. The Employee has You have until September 10, 2019 (the Offer Expiration Date (which is twenty-one (21) days following the Employee’s receipt of this Agreement or as otherwise agreed by the Parties) “Review Period”), to review and consider this Agreement. To accept this Agreement, and the Employee may accept terms and conditions contained herein, prior to the expiration of the Review Period (but in no event earlier than the Separation Date, as defined below), you must execute and date this Agreement where indicated below and return the executed copy of this Agreement to the Company’s General Counsel (the “Company Representative”) by mail at Melinta Therapeutics, 00 Xxxxxxxx Xxxx, Xxxxx 000, Xxxxxxxxxx, XX 00000. You acknowledge that, to the extent there are changes made to the terms of this Agreement by executing this Agreement and delivering it Agreement, whether they are material or immaterial, the Review Period is not recommenced. Notwithstanding anything contained herein to the Company at any time during such twenty-one (21) day review period. Following its acceptance and execution by the Employeecontrary, this Agreement will not become effective or enforceable for a period of seven (7) calendar days following the date of its your execution of this Agreement (such period, the “Revocation Period”), during which time the Employee you may revoke his your acceptance of this Agreement by notifying the CEO Company Representative, in writing, to the address specified above. To be effective, such revocation must be received by the CEO Company Representative no later than 5:00 p.m., prevailing Central Time, p.m. Eastern Time on the seventh (7th) calendar day following its executionyour execution of this Agreement. Provided that the this Agreement is executed on or prior to during the Offer Expiration Date Review Period, and you do not revoke it during the Employee does not timely revoke itRevocation Period, the eighth (8th) day following the date on which this Agreement is executed will and delivered to the Company Representative shall be its effective date (the “Effective Date”). In the event of the Employee’s failure that you fail to execute and deliver this Agreement on or prior to the Offer Expiration Dateexpiration of the Review Period, or his revocation of if you otherwise revoke this Agreement during the Revocation Period, this Agreement will be null and void and of no effect, and the Company will have no obligations hereunder.

Appears in 1 contract

Samples: Separation and Release Agreement (Melinta Therapeutics, Inc. /New/)

Opportunity for Review; Acceptance. The Employee has You have until October 21, 2014 (the Offer Expiration Date (which is twenty-one (21) days following the Employee’s receipt of this Agreement or as otherwise agreed by the Parties“Review Period”) to review and consider this Agreement. To accept this Agreement, and the Employee may accept terms and conditions contained herein, prior to the terms expiration of the Review Period, you must execute and date this Agreement where indicated below and return the executed copy of this Agreement to Xxxxx Xxxxxx, by executing this Agreement and delivering it email (xxxxxxx@xxxxxxxxxxxx.xxx) or by a recognized national overnight courier service to the Company at any time during such twenty-one (21) day review periodaddress specified above. Following its acceptance and execution by Notwithstanding anything contained herein to the Employeecontrary, this Agreement will not become effective or enforceable for a period of seven (7) calendar days following the date of its execution (such period, the “Revocation Period”), during which time the Employee you may revoke his your acceptance of this Agreement by notifying Xxxxx Xxxxxx, in writing by email (xxxxxxx@xxxxxxxxxxxx.xxx) or by recognized national overnight courier to the CEO in writingaddress specified above. To be effective, such revocation must be received by the CEO Company no later than 5:00 p.m., prevailing Central Time, p.m. Eastern Time on the seventh (7th) calendar day following its execution. Provided that the this Agreement is executed on or prior to and you do not revoke it during the Offer Expiration Date and the Employee does not timely revoke itRevocation Period, the eighth (8th) day following the date on which this Agreement is executed will shall be its effective date (the “Effective Date”). In the event of the Employee’s failure that you fail to execute and deliver this Agreement on or prior to the Offer Expiration Dateexpiration of the Review Period, or his revocation of if you otherwise revoke this Agreement during the Revocation Period, this Agreement will be null and void and of no effect, and the Company will have no obligations hereunder.

Appears in 1 contract

Samples: Separation and Release Agreement (Healthequity Inc)

Opportunity for Review; Acceptance. The Employee has until the Offer Expiration Date (which is You have twenty-one (21) days following the Employee’s receipt of this Agreement or as otherwise agreed by the Parties) to review and consider this Agreement (the “Review Period”). To accept this Agreement, and the Employee may accept terms and conditions contained herein, prior to the terms expiration of the Review Period, you must execute and date this Agreement by executing this where indicated below and return the executed copy of the Agreement and delivering it to the Company at any time during such twenty-one (21) day review periodCompany, to the attention of Xxxxx Xxxxxxxx. Following its acceptance and execution by Notwithstanding anything contained herein to the Employeecontrary, this Agreement will not become effective or enforceable for a period of seven (7) calendar days following the date of its execution (such period, the “Revocation Period”), during which time the Employee you may revoke his your acceptance of this Agreement by notifying the CEO Company in writing. To be effective, such revocation must be received by the CEO Company no later than 5:00 p.m., prevailing Central Time, p.m. on the seventh (7th) calendar day following its execution. Provided that the Agreement is executed on or prior to the Offer Expiration Date and the Employee does you do not timely revoke it, the eighth (8th) day following the date on which this Agreement is executed will shall be its effective date (the “Effective Date”). In the event of the Employee’s your failure to execute and deliver this Agreement on or prior to the Offer Expiration Dateexpiration of the Review Period, or his revocation of otherwise revoke this Agreement during the Revocation Period, this Agreement will be null and void and of no effect, and the Company will have no obligations hereunder.

Appears in 1 contract

Samples: Separation and Release Agreement (Hampshire Group LTD)

Opportunity for Review; Acceptance. The Employee has until the Offer Expiration Date (which is You have twenty-one (21) days following from October 26, 2012 (the Employee’s receipt of this Agreement or as otherwise agreed by the Parties“Notice Date”) to review and consider this Agreement (the “Review Period”). To accept this Agreement, and the Employee may accept terms and conditions contained herein, prior to the terms expiration of the Review Period, you must execute and date this Agreement by executing this where indicated below and return the executed copy of the Agreement and delivering it to the Company at any time during such twenty-one (21) day review periodCompany, to the attention of Xxxx Xxxxxxxxx. Following its acceptance and execution by Notwithstanding anything contained herein to the Employeecontrary, this Agreement will not become effective or enforceable for a period of seven (7) calendar days following the date of its execution (such period, the “Revocation Period”), during which time the Employee you may revoke his your acceptance of this Agreement by notifying the CEO Xxxx Xxxxxxxxx, in writing. To be effective, such revocation must be received by the CEO Company no later than 5:00 p.m., prevailing Central Time, p.m. on the seventh (7th) calendar day following its execution. Provided that the Agreement is executed on or prior to the Offer Expiration Date and the Employee does you do not timely revoke it, the eighth (8th) day following the date on which this Agreement is executed will shall be its effective date (the “Effective Date”). In the event of the Employee’s your failure to execute and deliver this Agreement on or prior to the Offer Expiration Dateexpiration of the Review Period, or his revocation of if you otherwise revoke this Agreement during the Revocation Period, this Agreement will be null and void and of no effect, and the Company will have no obligations hereunder.

Appears in 1 contract

Samples: Separation and Release Agreement (Mueller Industries Inc)

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