Common use of Opportunity for Review; Acceptance Clause in Contracts

Opportunity for Review; Acceptance. Employee has until 21 days after the Effective Date (the “Review Period”) to review and consider whether to sign this Agreement. Changes to this Agreement, whether material or immaterial, will not restart the 21-day consideration period. During this time, the Company advises Employee to consult with an attorney of his choice. To accept this Agreement, and the terms and conditions contained herein, prior to the expiration of the Review Period, Employee must execute this Agreement and return the executed copy of the Agreement to Nxxxxxxxxxx.xxx Corp., 200 X. Xxxxxxx Xxxxxx, Xxxxx 000, Xxxxxxxx Xxxx, NJ 07662. In the event of Employee’s failure to execute and deliver this Agreement prior to the expiration of the Review Period, this Agreement will be null and void and of no effect, and neither the Company nor any member of the Company Parties will have any obligations hereunder. By execution of this Agreement, Employee expressly waives any and all rights or claims arising under the Age Discrimination in Employment Act of 1967 (“ADEA”) and: (a) Employee acknowledges that this waiver of rights or claims arising under the ADEA is in writing, and is knowing, voluntary and understood by him; (b) Employee expressly understands that this waiver specifically refers to rights or claims arising under the ADEA; (c) Employee expressly understands that by execution of this Agreement, he does not waive any rights or claims under the ADEA that may arise after the date the waiver is executed; (d) Employee acknowledges that the waiver of rights or claims arising under the ADEA is in exchange for the Securities, which is above and beyond that to which Employee is entitled; (e) Employee acknowledges that the Company is expressly advising him to consult with an attorney of his choosing prior to executing this Agreement; (f) Employee has been advised by the Company that he is entitled to up to twenty-one (21) days from receipt of this Agreement within which to consider this Agreement, which period is referred to as the Review Period; (g) Employee acknowledges that he has been advised by the Company that he is entitled to revoke (in the event he executes this Agreement) this waiver of rights or claims arising under the ADEA within seven (7) days after executing this Agreement and that said waiver will not be, and does not become, effective or enforceable until the seven (7) day Revocation Period has expired; (h) The Parties agree that should Employee exercise his right to revoke the waiver, this entire Agreement, and its obligations, including, but not limited to the obligation to provide the Employee with Securities and any other benefits, are null, void and of no effect; (i) Employee acknowledges and agrees that he will communicate his decision to accept or reject this Agreement to the Company as provided herein; and (j) Nothing in this Agreement shall be construed to prohibit him from providing truthful testimony and/or information, or in other ways cooperating in the course of an investigation or proceeding authorized by law or conducted by a government agency. Should Employee elect to revoke this Agreement within the Revocation Period, a written notice of revocation shall be delivered to Nxxxxxxxxxx.xxx Corp., 200 X. Xxxxxxx Xxxxxx, Xxxxx 000, Xxxxxxxx Xxxx, NJ 07662.

Opportunity for Review; Acceptance. Employee has You have until 21 days after receiving this agreement from the Effective Date Company (the “"Review Period”") to review and consider whether to sign this Agreement. Changes to this Agreement, whether material or immaterial, will not restart the 21-day consideration period. During this time, the Company advises Employee to consult with an attorney of his choice. To accept this Agreement, and the terms and conditions contained herein, prior to the expiration of the Review Period, Employee you must execute and date this Agreement where indicated below and return the executed copy of the Agreement to Nxxxxxxxxxx.xxx Corp., 200 X. Xxxxxxx Xxxxxx, Xxxxx 000, Xxxxxxxx Xxxx, NJ 07662Profire. In the event of Employee’s your failure to execute and deliver this Agreement prior to the expiration of the Review Period, this Agreement will be null and void and of no effect, and neither the Company Profire nor any member of the Company Parties Group will have any obligations hereunder. By execution of this Agreement, Employee you expressly waives waive any and all rights or claims arising under the Age Discrimination in Employment Act of 1967 (“"ADEA”") and: (a) Employee acknowledges You acknowledge that this waiver of rights or claims arising under the ADEA is in writing, and is knowing, voluntary and understood by himyou; (b) Employee You expressly understands understand that this waiver specifically refers to rights or claims arising under the ADEA; (c) Employee You expressly understands understand that by execution of this Agreement, he does you do not waive any rights or claims under the ADEA that may arise after the date the waiver is executed; (d) Employee acknowledges You acknowledge that the waiver of rights or claims arising under the ADEA is in exchange for the SecuritiesConsideration, which is above and beyond that to which Employee is you are entitled; (e) Employee acknowledges You acknowledge that the Company Profire is expressly advising him you to consult with an attorney of his your choosing prior to executing this Agreement; (f) Employee has You have been advised by the Company Profire that he is you are entitled to up to twenty-one (21) days from receipt of this Agreement within which to consider this Agreement, which period is referred to as the Review Period; (g) Employee acknowledges You acknowledge that he has you have been advised by the Company Profire that he is you are entitled to revoke (in the event he executes you execute this Agreement) this waiver of rights or claims arising under the ADEA within seven (7) days after executing this Agreement and that said waiver will not be, and does not become, effective or enforceable until the seven (7) day revocation period has expired (the "Revocation Period has expiredPeriod"); (h) The Parties parties agree that should Employee you exercise his your right to revoke the waiverwaiver under subparagraph (g) hereof, this entire Agreement, and its obligations, including, but not limited to the obligation to provide the Employee you with Securities Consideration and any other benefits, are null, void and of no effect; (i) Employee acknowledges You acknowledge and agrees agree that he you will communicate his your decision to accept or reject this Agreement to the Company Profire as provided herein; and (j) Nothing nothing in this Agreement shall will be construed to prohibit him you from providing truthful testimony and/or informationfiling a charge or complaint, including a challenge to the validity of the waiver provision of this Agreement, with the Equal Employment Opportunity Commission or participating in other ways cooperating in the course of an any investigation or proceeding authorized by law or conducted by a government agencythe Equal Employment Opportunity Commission, though you have waived any right to monetary relief. Should Employee you elect to revoke this Agreement within the Revocation Period, a written notice of revocation shall will be delivered to Nxxxxxxxxxx.xxx Corp.the Company, 200 X. Xxxxxxx Attn: Xxxx Xxxxxx, 000 Xxxxx 000, Xxxxxxxx 0000 Xxxx, NJ 07662Xxxxx 0, Xxxxxx, XX 00000. 4. Other Agreements. Your duties and obligations pursuant to the Sections 6, 7, 8, 11, 16, 18, 19, and 20 of the Employment Agreement signed by you on June 28, 2013 will survive this Agreement and remain in full force and effect, and the Consideration herein constitutes consideration for your promises and obligations pursuant to these agreements. 5.

Opportunity for Review; Acceptance. Employee has You have until 21 days after the Effective Date (the “Review Period”) to review and consider whether to sign this Agreement. Changes to this Agreement, whether material or immaterial, will not restart the 21-day consideration period. During this time, the Company advises Employee to consult with an attorney of his choice. To accept this Agreement, and the terms and conditions contained herein, prior to the expiration of the Review Period, Employee you must execute and date this Agreement where indicated below and return the executed copy of the Agreement to Nxxxxxxxxxx.xxx Corp., 200 X. Xxxxxxx Xxxxxx, Xxxxx 000, Xxxxxxxx Xxxx, NJ 07662Lipocine. In the event of Employee’s your failure to execute and deliver this Agreement prior to the expiration of the Review Period, this Agreement will be null and void and of no effect, and neither the Company Lipocine nor any member of the Company Parties Group will have any obligations hereunder. By execution of this Agreement, Employee you expressly waives waive any and all rights or claims arising under the Age Discrimination in Employment Act of 1967 (“ADEA”) and: (a) Employee acknowledges You acknowledge that this waiver of rights or claims arising under the ADEA is in writing, and is knowing, voluntary and understood by himyou; (b) Employee You expressly understands understand that this waiver specifically refers to rights or claims arising under the ADEA; (c) Employee You expressly understands understand that by execution of this Agreement, he does you do not waive any rights or claims under the ADEA that may arise after the date the waiver is executed; (d) Employee acknowledges You acknowledge that the waiver of rights or claims arising under the ADEA is in exchange for the SecuritiesConsideration, which is above and beyond that to which Employee is you are entitled; (e) Employee acknowledges You acknowledge that the Company Lipocine is expressly advising him you to consult with an attorney of his your choosing prior to executing this Agreement; (f) Employee has You have been advised by the Company Lipocine that he is you are entitled to up to twenty-one (21) days from receipt of this Agreement within which to consider this Agreement, which period is referred to as the Review Period; (g) Employee acknowledges You acknowledge that he has you have been advised by the Company Lipocine that he is you are entitled to revoke (in the event he executes you execute this Agreement) this waiver of rights or claims arising under the ADEA within seven (7) days after executing this Agreement and that said waiver will not be, and does not become, effective or enforceable until the seven (7) day revocation period has expired (the “Revocation Period has expiredPeriod”); (h) The Parties parties agree that should Employee you exercise his your right to revoke the waiverwaiver under subparagraph (g) hereof, this entire Agreement, and its obligations, including, but not limited to the obligation to provide the Employee you with Securities Consideration and any other benefits, are null, void and of no effect; (i) Employee acknowledges You acknowledge and agrees agree that he you will communicate his your decision to accept or reject this Agreement to the Company Lipocine as provided herein; and (j) Nothing nothing in this Agreement shall be construed to prohibit him you from providing truthful testimony and/or informationfiling a charge or complaint, including a challenge to the validity of the waiver provision of this Agreement, with the Equal Employment Opportunity Commission or participating in other ways cooperating in the course of an any investigation or proceeding authorized by law or conducted by a government agencythe Equal Employment Opportunity Commission, though you have waived any right to monetary relief. Should Employee you elect to revoke this Agreement within the Revocation Period, a written notice of revocation shall be delivered to Nxxxxxxxxxx.xxx Corp.Lipocine Inc., 200 X. Attn: Mxxxxx Xxxxx, Chief Financial Officer, 600 Xxxxxxx XxxxxxXxxxx, Xxxxx 000, Xxxxxxxx Xxxx Xxxx Xxxx, NJ 07662XX 00000.

Opportunity for Review; Acceptance. Employee has You have until 21 days after receiving this agreement from the Effective Date Company (the “"Review Period”") to review and consider whether to sign this Agreement. Changes to this Agreement, whether material or immaterial, will not restart the 21-day consideration period. During this time, the Company advises Employee to consult with an attorney of his choice. To accept this Agreement, and the terms and conditions contained herein, prior to the expiration of the Review Period, Employee you must execute and date this Agreement where indicated below and return the executed copy of the Agreement to Nxxxxxxxxxx.xxx Corp., 200 X. Xxxxxxx Xxxxxx, Xxxxx 000, Xxxxxxxx Xxxx, NJ 07662Profire. In the event of Employee’s your failure to execute and deliver this Agreement prior to the expiration of the Review Period, this Agreement will be null and void and of no effect, and neither the Company Profire nor any member of the Company Parties Group will have any obligations hereunder. By execution of this Agreement, Employee you expressly waives waive any and all rights or claims arising under the Age Discrimination in Employment Act of 1967 (“"ADEA”") and: (a) Employee acknowledges You acknowledge that this waiver of rights or claims arising under the ADEA is in writing, and is knowing, voluntary and understood by himyou; (b) Employee You expressly understands understand that this waiver specifically refers to rights or claims arising under the ADEA; (c) Employee You expressly understands understand that by execution of this Agreement, he does you do not waive any rights or claims under the ADEA that may arise after the date the waiver is executed; (d) Employee acknowledges You acknowledge that the waiver of rights or claims arising under the ADEA is in exchange for the SecuritiesConsideration, which is above and beyond that to which Employee is you are entitled; (e) Employee acknowledges You acknowledge that the Company Profire is expressly advising him you to consult with an attorney of his your choosing prior to executing this Agreement; (f) Employee has You have been advised by the Company Profire that he is you are entitled to up to twenty-one (21) days from receipt of this Agreement within which to consider this Agreement, which period is referred to as the Review Period; (g) Employee acknowledges You acknowledge that he has you have been advised by the Company Profire that he is you are entitled to revoke (in the event he executes you execute this Agreement) this waiver of rights or claims arising under the ADEA within seven (7) days after executing this Agreement and that said waiver will not be, and does not become, effective or enforceable until the seven (7) day revocation period has expired (the "Revocation Period has expiredPeriod"); (h) The Parties parties agree that should Employee you exercise his your right to revoke the waiverwaiver under subparagraph (g) hereof, this entire Agreement, and its obligations, including, but not limited to the obligation to provide the Employee you with Securities Consideration and any other benefits, are null, void and of no effect; (i) Employee acknowledges You acknowledge and agrees agree that he you will communicate his your decision to accept or reject this Agreement to the Company Profire as provided herein; and (j) Nothing nothing in this Agreement shall will be construed to prohibit him you from providing truthful testimony and/or informationfiling a charge or complaint, including a challenge to the validity of the waiver provision of this Agreement, with the Equal Employment Opportunity Commission or participating in other ways cooperating in the course of an any investigation or proceeding authorized by law or conducted by a government agencythe Equal Employment Opportunity Commission, though you have waived any right to monetary relief. Should Employee you elect to revoke this Agreement within the Revocation Period, a written notice of revocation shall will be delivered to Nxxxxxxxxxx.xxx Corp.the Company, 200 X. Xxxxxxx Attn: Xxxx Xxxxxx, 000 Xxxxx 000, Xxxxxxxx 0000 Xxxx, NJ 07662Xxxxx 0, Xxxxxx, XX 00000.

Opportunity for Review; Acceptance. Employee has You have until 21 days after the Effective Date (the “Review Period”) to review and consider whether to sign this Agreement. Changes to this Agreement, whether material or immaterial, will not restart the 21-day consideration period. During this time, the Company advises Employee to consult with an attorney of his choice. To accept this Agreement, and the terms and conditions contained herein, prior to the expiration of the Review Period, Employee you must execute and date this Agreement where indicated below and return the executed copy of the Agreement to Nxxxxxxxxxx.xxx Corp., 200 X. Xxxxxxx Xxxxxx, Xxxxx 000, Xxxxxxxx Xxxx, NJ 07662Lipocine. In the event of Employee’s your failure to execute and deliver this Agreement prior to the expiration of the Review Period, this Agreement will be null and void and of no effect, and neither the Company Lipocine nor any member of the Company Parties Group will have any obligations hereunder. By execution of this Agreement, Employee you expressly waives waive any and all rights or claims arising under the Age Discrimination in Employment Act of 1967 (“ADEA”) and: (a) Employee acknowledges You acknowledge that this waiver of rights or claims arising under the ADEA is in writing, and is knowing, voluntary and understood by himyou; (b) Employee You expressly understands understand that this waiver specifically refers to rights or claims arising under the ADEA; (c) Employee You expressly understands understand that by execution of this Agreement, he does you do not waive any rights or claims under the ADEA that may arise after the date the waiver is executed; (d) Employee acknowledges You acknowledge that the waiver of rights or claims arising under the ADEA is in exchange for the SecuritiesConsideration, which is above and beyond that to which Employee is you are entitled; (e) Employee acknowledges You acknowledge that the Company Lipocine is expressly advising him you to consult with an attorney of his your choosing prior to executing this Agreement; (f) Employee has You have been advised by the Company Lipocine that he is you are entitled to up to twenty-one (21) days from receipt of this Agreement within which to consider this Agreement, which period is referred to as the Review Period; (g) Employee acknowledges You acknowledge that he has you have been advised by the Company Lipocine that he is you are entitled to revoke (in the event he executes you execute this Agreement) this waiver of rights or claims arising under the ADEA within seven (7) days after executing this Agreement and that said waiver will not be, and does not become, effective or enforceable until the seven (7) day revocation period has expired (the “Revocation Period has expiredPeriod”); (h) The Parties parties agree that should Employee you exercise his your right to revoke the waiverwaiver under subparagraph (g) hereof, this entire Agreement, and its obligations, including, but not limited to the obligation to provide the Employee you with Securities Consideration and any other benefits, are null, void and of no effect; (i) Employee acknowledges You acknowledge and agrees agree that he you will communicate his your decision to accept or reject this Agreement to the Company Lipocine as provided herein; and (j) Nothing nothing in this Agreement shall be construed to prohibit him you from providing truthful testimony and/or informationfiling a charge or complaint, including a challenge to the validity of the waiver provision of this Agreement, with the Equal Employment Opportunity Commission or participating in other ways cooperating in the course of an any investigation or proceeding authorized by law or conducted by a government agencythe Equal Employment Opportunity Commission, though you have waived any right to monetary relief. Should Employee you elect to revoke this Agreement within the Revocation Period, a written notice of revocation shall be delivered to Nxxxxxxxxxx.xxx Corp.Lipocine Inc., 200 X. Attn: Mxxxxx Xxxxx Chief Financial Officer, 600 Xxxxxxx XxxxxxXxxxx, Xxxxx 000, Xxxxxxxx Xxxx Xxxx Xxxx, NJ 07662XX 00000.

Opportunity for Review; Acceptance. Employee has You have until 21 days after the Effective Date (the “Review Period”) to review and consider whether to sign this Agreement. Changes to this Agreement, whether material or immaterial, will not restart the 21-day consideration period. During this time, the Company advises Employee to consult with an attorney of his choice. To accept this Agreement, and the terms and conditions contained herein, prior to the expiration of the Review Period, Employee you must execute and date this Agreement where indicated below and return the executed copy of the Agreement to Nxxxxxxxxxx.xxx Corp., 200 X. Xxxxxxx Xxxxxx, Xxxxx 000, Xxxxxxxx Xxxx, NJ 07662Profire. In the event of Employee’s your failure to execute and deliver this Agreement prior to the expiration of the Review Period, this Agreement will be null and void and of no effect, and neither the Company Profire nor any member of the Company Parties Group will have any obligations hereunder. By execution of this Agreement, Employee you expressly waives waive any and all rights or claims arising under the Age Discrimination in Employment Act of 1967 (“ADEA”) and: (a) Employee acknowledges You acknowledge that this waiver of rights or claims arising under the ADEA is in writing, and is knowing, voluntary and understood by himyou; (b) Employee You expressly understands understand that this waiver specifically refers to rights or claims arising under the ADEA; (c) Employee You expressly understands understand that by execution of this Agreement, he does you do not waive any rights or claims under the ADEA that may arise after the date the waiver is executed; (d) Employee acknowledges You acknowledge that the waiver of rights or claims arising under the ADEA is in exchange for the SecuritiesConsideration, which is above and beyond that to which Employee is you are entitled; (e) Employee acknowledges You acknowledge that the Company Profire is expressly advising him you to consult with an attorney of his your choosing prior to executing this Agreement; (f) Employee has You have been advised by the Company Profire that he is you are entitled to up to twenty-one (21) days from receipt of this Agreement within which to consider this Agreement, which period is referred to as the Review Period; (g) Employee acknowledges You acknowledge that he has you have been advised by the Company Profire that he is you are entitled to revoke (in the event he executes you execute this Agreement) this waiver of rights or claims arising under the ADEA within seven (7) days after executing this Agreement and that said waiver will not be, and does not become, effective or enforceable until the seven (7) day revocation period has expired (the “Revocation Period has expiredPeriod”); (h) The Parties parties agree that should Employee you exercise his your right to revoke the waiverwaiver under subparagraph (g) hereof, this entire Agreement, and its obligations, including, but not limited to the obligation to provide the Employee you with Securities Consideration and any other benefits, are null, void and of no effect; (i) Employee acknowledges You acknowledge and agrees agree that he you will communicate his your decision to accept or reject this Agreement to the Company Profire as provided herein; and (j) Nothing nothing in this Agreement shall be construed to prohibit him you from providing truthful testimony and/or informationfiling a charge or complaint, including a challenge to the validity of the waiver provision of this Agreement, with the Equal Employment Opportunity Commission or participating in other ways cooperating in the course of an any investigation or proceeding authorized by law or conducted by a government agencythe Equal Employment Opportunity Commission, though you have waived any right to monetary relief. Should Employee you elect to revoke this Agreement within the Revocation Period, a written notice of revocation shall be delivered to Nxxxxxxxxxx.xxx Corp.the Company, 200 X. Xxxxxxx Attn: Xxxxx Xxxxxxx, 000 Xxxxx 0000 Xxxx, Xxxxx 0, Xxxxxx, Xxxxx 000, Xxxxxxxx Xxxx, NJ 07662XX 00000.