Common use of Period for Review and Consideration of Agreement; Employee’s Right to Revoke Agreement Clause in Contracts

Period for Review and Consideration of Agreement; Employee’s Right to Revoke Agreement. Employee understands that Employee has up to 21 days to review and consider this Agreement. If Employee should elect to sign this Agreement in less than 21 days, Employee expressly waives Employee’s right to the full 21-day period to review and consider this Agreement. Employee further understands that Employee may revoke the Agreement at any time during the seven-day period following Employee’s signing of the Agreement. Employee further understands that, if Employee fails to sign the Agreement or revokes the Agreement, Company shall have no obligation to provide separation pay and paid benefits continuation set forth in Section of this Agreement, as well as the other benefits described in this Agreement, to Employee. Revocation shall be in writing and shall be effective upon timely receipt by [TO BE FILLED IN].

Appears in 5 contracts

Samples: Employment Agreement (Rex Energy Corp), Employment Agreement (Rex Energy Corp), Employment Agreement (Rex Energy Corp)

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