Common use of Release of ADEA Claims Clause in Contracts

Release of ADEA Claims. Xxxxx acknowledges that, by this Agreement, he is knowingly and voluntarily waiving and releasing any rights he may have under the Age Discrimination in Employment Act (ADEA) as amended. Xxxxx also acknowledges that the consideration given for the waiver and release in the preceding paragraph hereof is in addition to anything of value to which he is already entitled. Xxxxx further acknowledges that he has been advised by this writing, as required by the ADEA, that: (a) his waiver and release does not apply to any rights or claims that may arise after the execution date of this Agreement; (b) he should consult with an attorney prior to executing this Agreement; (c) he has twenty-one (21) days to consider this Agreement (although he may choose to voluntarily execute this Agreement earlier and if he does, he waives the remainder of the 21 days to consider this Agreement); (d) he has seven (7) days following the execution of this Agreement by the parties to revoke the Agreement; and (e) this Agreement will not be effective until the date upon which the revocation period has expired, which will be the 8th day after this Agreement is executed by Xxxxx (the “Effective Date”).

Appears in 1 contract

Samples: Separation Agreement (Infospace Inc)

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Release of ADEA Claims. Xxxxx XxxxxxXxxxxx acknowledges that, by this Agreement, he she is knowingly and voluntarily waiving and releasing any rights he she may have under the Age Discrimination in Employment Act (ADEA) as amended. Xxxxx XxxxxxXxxxxx also acknowledges that the consideration given for the waiver and release in the preceding paragraph hereof is in addition to anything of value to which he she is already entitled. Xxxxx XxxxxxXxxxxx further acknowledges that he she has been advised by this writing, as required by the ADEA, that: (a) his her waiver and release does not apply to any rights or claims that may arise after the execution date of this Agreement; (b) he she should consult with an attorney prior to executing this Agreement; (c) he she has twenty-one (21) days to consider this Agreement (although he she may choose to voluntarily execute this Agreement earlier and if he she does, he she waives the remainder of the 21 days to consider this Agreement); (d) he she has seven (7) days following the execution of this Agreement by the parties to revoke the Agreement; and (e) this Agreement will not be effective until the date upon which the revocation period has expired, which will be the 8th day after this Agreement is executed by Xxxxx XxxxxxXxxxxx (the “Effective Date”).

Appears in 1 contract

Samples: Separation Agreement (Infospace Inc)

Release of ADEA Claims. Xxxxx Xxxxxxxx acknowledges that, by this Agreement, he is knowingly and voluntarily waiving and releasing any rights he may have under the Age Discrimination in Employment Act (ADEA) ), as amended. Xxxxx Xxxxxxxx also acknowledges that the consideration given for the waiver and release in the preceding paragraph hereof is in addition to anything of value to which he is already entitled. Xxxxx Xxxxxxxx further acknowledges that he has been advised by this writing, as required by the ADEA, that: (a) his waiver and release does do not apply to any rights or claims that may arise after the execution date of this Agreement; (b) he should consult with an attorney prior to executing this Agreement; (c) he has twenty-one (21) days to consider this Agreement (although he may choose to voluntarily execute this Agreement earlier and if he does, he waives the remainder of the 21 twenty-one (21) days to consider this Agreement); (d) he has seven (7) days following the execution of this Agreement by the parties to revoke the this Agreement; and (e) this Agreement will not be effective until the date upon which the revocation period has expired, which will be the 8th day after this Agreement is executed by Xxxxx Xxxxxxxx (the “Effective Date”).

Appears in 1 contract

Samples: Separation Agreement (Infospace Inc)

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Release of ADEA Claims. Xxxxx Xxxx acknowledges that, by this Agreement, he that she is knowingly and voluntarily waiving and releasing any rights he she may have under the Age Discrimination in Employment Act (ADEA) ’’), as amended. Xxxxx Xxxx also acknowledges that the consideration given for the waiver and release in the preceding paragraph Paragraph 4 and 5 hereof is in addition to anything of value to which he she was or is already entitled. Xxxxx Xxxx further acknowledges that he she has been advised by this writing, as required by the ADEAADEA and the Older Workers’ Benefit Protection Act, that: (a) his her waiver and release does do not apply to any rights or claims that may arise after the execution date of this Agreement; (b) he she should consult with an attorney prior to executing this Agreement; (c) he she has twenty-one (21) days to consider this Agreement (although he she may choose to voluntarily execute this Agreement earlier and if he does, he waives the remainder of the 21 days to consider this Agreementearlier); (d) he she has seven (7) days following the re-execution of this Agreement by the parties to revoke it; (e) any revocation of this Agreement must be made in writing and delivered to Xxxxx Xxxxxxx, President and CEO, at the Agreementfollowing email address: xxxxx.xxxxxxx@xxxxxxxx.xxx, within the seven day period; and (ef) this Agreement will not be effective until the date upon which the revocation period has expired, which will be the 8th eighth day after this Agreement is re-executed by Xxxxx (the “Effective Date”)Xxxx.

Appears in 1 contract

Samples: Separation Agreement and General Release (Appfolio Inc)

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