Common use of Opportunity for Review and Acceptance Clause in Contracts

Opportunity for Review and Acceptance. The Executive shall have twenty-one (21) days following the Termination Date (the “Review Period”) to review and consider the terms and conditions of this Release, including the general release and waiver of claims set forth herein. To accept the terms of this Release, the Executive must execute and date this Release where indicated below and return the executed copy of this Release to the Company prior to the expiration of the Review Period in accordance with the notice provisions set forth in Section 13 of the Transition and Release Agreement. This Release 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 (the “Revocation Period”), during which time the Executive may further review and consider this Release and revoke his acceptance of this Release by notifying the Company in writing. To be effective, such revocation must be received no later than 5:00 p.m., prevailing Central Time, on the last day of the Revocation Period. Provided that this Release is timely executed and the Executive has not timely revoked it, the eighth (8th) day following the date on which this Release is executed and delivered to the Company shall be its effective date (the “Second Release Effective Date”). In the event of the Executive’s failure to timely execute and deliver this Release or his subsequent revocation of this Agreement during the Revocation Period, the Executive shall not be entitled to any payments or benefits under the Transition and Release Agreement that are conditioned upon the execution of a release of claims. Section 3.

Appears in 1 contract

Samples: Transition and Release Agreement

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Opportunity for Review and Acceptance. The Executive You shall have twentyforty-one five (2145) days following the Termination Date your receipt of this Agreement (the “Review Period”) to review and consider the terms and conditions of this ReleaseAgreement, including the general release and waiver of claims set forth herein. To accept this Agreement and the terms of this Releaseand conditions contained herein, the Executive you must execute and date this Release Agreement where indicated below and return the executed copy of this Release Agreement to the Company prior to the expiration of the Review Period in accordance with Period. Notwithstanding anything contained herein to the notice provisions set forth in Section 13 of the Transition and Release Agreement. This Release contrary, 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 (the “Revocation Period”), during which time the Executive you may further review and consider this Release Agreement and revoke his your acceptance of this Release Agreement by notifying the Company in writing. To be effective, such revocation must be received no later than 5:00 p.m., prevailing Central Eastern Daylight Time, on the last day of the Revocation Period. Provided that this Release Agreement is timely executed and the Executive has you have not timely revoked it, the eighth (8th) day following the date on which this Release Agreement is executed and delivered to the Company shall be its effective date (the “Second Release Effective Date”)date. In the event of the Executive’s your failure to timely execute and deliver this Release Agreement or his your subsequent revocation of this Agreement during the Revocation Period, the Executive shall this Agreement will be null and void and of no force or effect, and you will not be entitled to any payments or benefits under the Transition and Release this Agreement that are conditioned upon the execution of a release of claims. Section 3claims (which for purposes of clarification shall include the Severance Benefits).

Appears in 1 contract

Samples: Separation Agreement (Jackson Financial Inc.)

Opportunity for Review and Acceptance. The Executive shall have twenty-one (21) days following the Termination Date date of this Agreement (the “Review Period”) to review and consider the terms and conditions of this ReleaseAgreement, including the general release and waiver of claims set forth herein. To accept this Agreement and the terms of this Releaseand conditions contained herein, the Executive must execute and date this Release Agreement where indicated below and return the executed copy of this Release Agreement to the Company prior to the expiration of the Review Period in accordance with the notice provisions set forth in Section 13 of below. Notwithstanding anything contained herein to the Transition and Release Agreement. This Release contrary, 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 (the “Revocation Period”), during which time the Executive may further review and consider this Release Agreement and revoke his acceptance of this Release Agreement by notifying the Company in writing. To be effective, such revocation must be received no later than 5:00 p.m., prevailing Central Time, on the last day of the Revocation Period. Provided that this Release Agreement is timely executed and the Executive has not timely revoked it, the eighth (8th) day following the date on which this Release Agreement is executed and delivered to the Company shall be its effective date (the “Second Release Effective Date”). In the event of the Executive’s failure to timely execute and deliver this Release Agreement or his subsequent revocation of this Agreement during the Revocation Period, this Agreement will be null and void and of no force or effect, and the Executive shall not be entitled to any payments or benefits under the Transition and Release this Agreement that are conditioned upon the execution of a release of claimsclaims (which for purposes of clarification shall be any and all payments and benefits otherwise owing to the Executive hereunder during the Transition Period and following the Termination Date, other than Accrued Benefits). Section 35.

Appears in 1 contract

Samples: Transition and Release Agreement

Opportunity for Review and Acceptance. The Executive You shall have twentyforty-one five (2145) days following the Termination Date your receipt of this Agreement (the “Review Period”) to review and consider the terms and conditions of this ReleaseAgreement, including the general release and waiver of claims set forth herein. You acknowledge that the modifications pursuant to negotiations subsequent to February 10 do not restart this 45-day period. To accept this Agreement and the terms of this Releaseand conditions contained herein, the Executive you must execute and date this Release Agreement where indicated below and return the executed copy of this Release Agreement to the Company prior to the expiration of the Review Period in accordance with Period. Notwithstanding anything contained herein to the notice provisions set forth in Section 13 of the Transition and Release Agreement. This Release contrary, 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 (the “Revocation Period”), during which time the Executive you may further review and consider this Release Agreement and revoke his your acceptance of this Release Agreement by notifying the Company in writing. To be effective, such revocation must be received no later than 5:00 p.m., prevailing Central Eastern Daylight Time, on the last day of the Revocation Period. Provided that this Release Agreement is timely executed and the Executive has you have not timely revoked it, the eighth (8th) day following the date on which this Release Agreement is executed and delivered to the Company shall be its effective date (the “Second Release Effective Date”)date. In the event of the Executive’s your failure to timely execute and deliver this Release Agreement or his your subsequent revocation of this Agreement during the Revocation Period, the Executive shall this Agreement will be null and void and of no force or effect, and you will not be entitled to any payments or benefits under the Transition and Release this Agreement that are conditioned upon the execution of a release of claimsclaims (which for purposes of clarification shall include the Severance Benefits). Section 314.

Appears in 1 contract

Samples: Jackson National Life Insurance Co

Opportunity for Review and Acceptance. The Executive You shall have twentyforty-one five (2145) days following the Termination Date your receipt of this Agreement (the “Review Period”) to review and consider the terms and conditions of this ReleaseAgreement, including the general release and waiver of claims set forth herein. You acknowledge that the modifications pursuant to negotiations subsequent to February 10 do not restart this 45-day period. To accept this Agreement and the terms of this Releaseand conditions contained herein, the Executive you must execute and date this Release Agreement where indicated below and return the executed copy of this Release Agreement to the Company prior to the expiration of the Review Period in accordance with Period. Notwithstanding anything contained herein to the notice provisions set forth in Section 13 of the Transition and Release Agreement. This Release contrary, 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 (the “Revocation Period”), during which time the Executive you may further review and consider this Release Agreement and revoke his your acceptance of this Release Agreement by notifying the Company in writing. To be effective, such revocation must be received no later than 5:00 p.m., prevailing Central Eastern Daylight Time, on the last day of the Revocation Period. Provided that this Release Agreement is timely executed and the Executive has you have not timely revoked it, the eighth (8th) day following the date on which this Release Agreement is executed and delivered to the Company shall be its effective date (the “Second Release Effective Date”)date. In the event of the Executive’s your failure to timely execute and deliver this Release Agreement or his your subsequent revocation of this Agreement during the Revocation Period, the Executive shall this Agreement will be null and void and of no force or effect, and you will not be entitled to any payments or benefits under the Transition and Release this Agreement that are conditioned upon the execution of a release of claims. Section 3claims (which for purposes of clarification shall include the Severance Benefits).

Appears in 1 contract

Samples: Separation Agreement (Jackson Financial Inc.)

Opportunity for Review and Acceptance. The Executive shall have twenty-one (21) days following the Termination Date date of this Agreement (the “Review Period”) to review and consider the terms and conditions of this ReleaseAgreement, including the general release and waiver of claims set forth herein. To accept this Agreement and the terms of this Releaseand conditions contained herein, the Executive must execute and date this Release Agreement where indicated below and return the executed copy of this Release Agreement to the Company prior to the expiration of the Review Period in accordance with the notice provisions set forth in Section 13 of below. Notwithstanding anything contained herein to the Transition and Release Agreement. This Release contrary, 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 (the “Revocation Period”), during which time the Executive may further review and consider this Release Agreement and revoke his acceptance of this Release Agreement by notifying the Company in writing. To be effective, such revocation must be received no later than 5:00 p.m., prevailing Central Time, on the last day of the Revocation Period. Provided that this Release Agreement is timely executed and the Executive has not timely revoked it, the eighth (8th) day following the date on which this Release Agreement is executed and delivered to the Company shall be its effective date (the “Second Release Effective Date”). In the event of the Executive’s failure to timely execute and deliver this Release Agreement or his subsequent revocation of this Agreement during the Revocation Period, this Agreement will be null and void and of no force or effect, and the Executive shall not be entitled to any payments or benefits under the Transition and Release this Agreement that are conditioned upon the execution of a release of claims. Section 3claims (which for purposes of clarification shall be any and all payments and benefits otherwise owing to the Executive hereunder during the Transition Period and following the Termination Date, other than Accrued Benefits).

Appears in 1 contract

Samples: Transition and Release Agreement (CDK Global, Inc.)

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Opportunity for Review and Acceptance. The Executive shall have twenty-one (21) days following the Termination Date (the “Review Period”) to review and consider the terms and conditions of this Release, including the general release and waiver of claims set forth herein. To accept the terms of this Release, the Executive must execute and date this Release where indicated below and return the executed copy of this Release to the Company prior to the expiration of the Review Period in accordance with the notice provisions set forth in Section 13 of the Transition and Release Agreement. This Release 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 (the “Revocation Period”), during which time the Executive may further review and consider this Release and revoke his acceptance of this Release by notifying the Company in writing. To be effective, such revocation must be received no later than 5:00 p.m., prevailing Central Time, on the last day of the Revocation Period. Provided that this Release is timely executed and the Executive has not timely revoked it, the eighth (8th) day following the date on which this Release is executed and delivered to the Company shall be its effective date (the “Second Release Effective Date”). In the event of the Executive’s failure to timely execute and deliver this Release or his subsequent revocation of this Agreement during the Revocation Period, the Executive shall not be entitled to any payments or benefits under the Transition and Release Agreement that are conditioned upon the execution of a release of claims. Section 3.

Appears in 1 contract

Samples: Transition and Release Agreement (CDK Global, Inc.)

Opportunity for Review and Acceptance. The Executive shall have twenty-one (21) days following the Termination Date (the “Review Period”) to review and consider the terms and conditions of this Release, including the general release and waiver of claims set forth herein. To accept the terms of this Release, the Executive must execute and date this Release where indicated below and return the executed copy of this Release to the Company prior to the expiration of the Review Period in accordance with the notice provisions set forth in Section 13 12 of the Transition and Release Separation Agreement. This Release 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 (the “Revocation Period”), during which time the Executive may further review and consider this Release and revoke his acceptance of this Release by notifying the Company in writing. To be effective, such revocation must be received no later than 5:00 p.m., prevailing Central Daylight Time, on the last day of the Revocation Period. Provided that this Release is timely executed and the Executive has not timely revoked it, the eighth (8th) day following the date on which this Release is executed and delivered to the Company shall be its effective date (the “Second Release Effective Date”). In the event of the Executive’s failure to timely execute and deliver this Release or his subsequent revocation of this Agreement during the Revocation Period, the Executive shall not be entitled to any payments or benefits under the Transition and Release Separation Agreement that are conditioned upon the execution of a release of claims. Section 3.

Appears in 1 contract

Samples: Agreement (CAESARS ENTERTAINMENT Corp)

Opportunity for Review and Acceptance. The Executive shall You have through the twenty-one first (2121st) days day following the Termination Date date hereof (the “Review Period”) to review and consider this Agreement. To accept this Agreement, and the terms and conditions contained herein, prior to the expiration of this Releasethe Review Period, including the general release and waiver of claims set forth herein. To accept the terms of this Release, the Executive you must execute and date this Release Agreement where indicated below and return the executed copy of this Release the Agreement to the Company prior Company, to the expiration attention of the Review Period in accordance with Company’s General Counsel, Xxxx Xxxxxxx. Notwithstanding anything contained herein to the notice provisions set forth in Section 13 of the Transition and Release Agreement. This Release contrary, 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 (the “Revocation Period”), during which time the Executive you may further review and consider this Release and revoke his your acceptance of this Release Agreement by notifying the Company General Counsel, in writing. To be effective, such revocation must be received by the Company no later than 5:00 p.m., prevailing Central Time, p.m. on the last seventh (7th) calendar day of the Revocation Periodfollowing its execution. Provided that this Release the Agreement is timely executed and the Executive has you do not timely revoked revoke it, the eighth (8th) day following the date on which this Release Agreement is executed and delivered to the Company shall be its effective date (the “Second Release Effective Date”). In the event of the Executive’s your failure to timely execute and deliver this Release Agreement prior to the expiration of the Review Period, or his subsequent revocation of otherwise revoke this Agreement during the Revocation Period, this Agreement will be null and void and of no effect, and the Executive shall not be entitled to any payments or benefits under the Transition and Release Agreement that are conditioned upon the execution of a release of claimsCompany will have no obligation hereunder. Section 3.* * *

Appears in 1 contract

Samples: Transition Agreement (Gardner Denver Holdings, Inc.)

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