Common use of Release of ADEA Claims Clause in Contracts

Release of ADEA Claims. Executive understands that the claims released in this Release include claims under the Age Discrimination in Employment Act. Employer Group hereby advises Executive to consult with an attorney before signing this Release. Executive acknowledges that he has been so advised and has had the opportunity to consult with an attorney of his/her choosing before signing this Release. Executive acknowledges and agrees that he has read the entire Release and understands its terms, and knowingly, freely and voluntarily assents to all of its terms. Executive further acknowledges and agrees that he has had a period of at least twenty-one (21) days (“Consideration Period”) to consider the terms of this Release and decide whether to execute it, and that if Executive executes this Release before the end of the Consideration Period, Executive was not induced to do so by any representation of the Employer Group, but decided to do so after careful and thorough consideration of the Release and after having had an opportunity to consult with an attorney.

Appears in 6 contracts

Samples: Executive Employment Agreement (YADKIN FINANCIAL Corp), Executive Employment Agreement (YADKIN FINANCIAL Corp), Executive Employment Agreement (YADKIN FINANCIAL Corp)

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