Common use of OWBPA Disclosures Clause in Contracts

OWBPA Disclosures. The Release of Claims referenced in Section 6 is subject to the terms of the ADEA, as amended by the OWBPA. The OWBPA provides that an individual cannot waive a right or claim under the ADEA unless the waiver is knowing and voluntary. Nothing in this Agreement interferes with Employee’s right to challenge the knowing and voluntary nature of the Release of Claims or the Company’s compliance with the waiver requirements of the ADEA or OWBPA. Employee understands that the Company is giving Employee up to 21 days from the date Employee receives a copy of this Agreement to sign the Agreement and return it to the Company. Employee acknowledges that the Company has advised Employee to use this time to consult with an attorney about the effect of the Release of Claims. If Employee signs this Agreement before the end of the 21-day period, it is Employee’s personal, voluntary decision to do so. Any changes made to this Agreement before it is signed do not restart the running of this consideration period.

Appears in 2 contracts

Samples: Separation Agreement, Separation Agreement (Mocon Inc)

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OWBPA Disclosures. The Release of Claims referenced in Section 6 the preceding section is subject to the terms of the ADEA, as amended by the OWBPA. The OWBPA provides that an individual cannot waive a right or claim under the ADEA unless the waiver is knowing and voluntary. Nothing in this Agreement interferes with Employee’s Xxxxxx’x right to challenge the knowing and voluntary nature of the Release of Claims or the Company’s compliance with the waiver requirements of the ADEA or OWBPA. Employee Xxxxxx understands that the Company is giving Employee Xxxxxx up to 21 days from the date Employee Xxxxxx receives a copy of this Agreement to sign the Agreement and return it to the Company. Employee Xxxxxx acknowledges that the Company has advised Employee Xxxxxx to use this time to consult with an attorney about the effect of the Release of Claims. If Employee Xxxxxx signs this Agreement before the end of the 21-day period, it is Employee’s Xxxxxx’x personal, voluntary decision to do so. Any changes made to this Agreement before it is signed do not restart the running of this consideration period.

Appears in 1 contract

Samples: Separation and Release Agreement (Uroplasty Inc)

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OWBPA Disclosures. The Release of Claims referenced in the Section 6 5 is subject to the terms of the ADEA, as amended by the OWBPA. The OWBPA provides that an individual cannot waive a right or claim under the ADEA unless the waiver is knowing and voluntary. Nothing in this Agreement interferes with Employee’s right to challenge the knowing and voluntary nature of the Release of Claims or the Company’s compliance with the waiver requirements of the ADEA or OWBPA. Employee understands that the Company is giving Employee up to 21 days from the date Employee receives a copy of this Agreement to sign the Agreement and return it to the Company. Employee acknowledges that the Company has advised Employee to use this time to consult with an attorney about the effect of the Release of Claims. If Employee signs this Agreement before the end of the 21-day period, it is Employee’s personal, voluntary decision to do so. Any changes made to this Agreement before it is signed do not restart the running of this consideration period.

Appears in 1 contract

Samples: Separation Agreement (Mocon Inc)

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