Common use of Release of Age Discrimination Claims; Periods for Review and Reconsideration Clause in Contracts

Release of Age Discrimination Claims; Periods for Review and Reconsideration. a. Executive understands that this Agreement includes a release of claims arising under the Age Discrimination in Employment Act (ADEA). Executive understands and warrants that he has been given a period of twenty- one (21) days to review and consider this Agreement. Executive is hereby advised to consult with an attorney prior to executing the Agreement. By his signature below, Executive warrants that he has had the opportunity to do so and to be fully and fairly advised by that legal counsel as to the terms of the Agreement. Executive further warrants that he understands that he may use as much or all of his 21-day period as he wishes before signing, and warrants that he has done so. b. Executive further warrants that he understands that he has seven (7) days after signing this Agreement to revoke the Agreement by notice in writing to Xxx Xxxxxxxxx, Getty Petroleum Marketing Inc., 000 Xxxxxxx Xxxxxxxx, Xxxxxxx, XX 00000. This Agreement shall be binding, effective, and enforceable upon both parties upon the expiration of this seven-day revocation period without Xx. Xxxxxxxxx having received such revocation, but not before such time.

Appears in 1 contract

Samples: Severance Agreement (Getty Petroleum Marketing Inc /Md/)

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Release of Age Discrimination Claims; Periods for Review and Reconsideration. a. (a) Executive understands that this Agreement includes a release of claims arising under the Age Discrimination in Employment Act (ADEA). Executive understands and warrants that he has been given a period of twenty- twenty-one (21) days to review and consider this Agreement. Executive is hereby advised to consult with an attorney prior to executing the Agreement. By his signature below, Executive warrants that he has had the opportunity to do so and to be fully and fairly advised by that legal counsel as to the terms of the Agreement. Executive further warrants that he understands that he may use as much or all of his 21-day period as he wishes before signing, and warrants that he has done so. b. (b) Executive further warrants that he understands that he has seven (7) days after signing this Agreement to revoke the Agreement by notice in writing to Xxx XxxxxxxxxX. Xxxxxxxx, Getty Petroleum Marketing Inc.Xxxxxx & Xxxxxxx, 000 Xxxxxxx XxxxxxxxXxxxx Xxxxxx, XxxxxxxXxxxx 0000, XX Xxx Xxxx, X.X. 00000. This Agreement shall be binding, effective, and enforceable upon both parties upon the expiration of this seven-day revocation period without Xx. Xxxxxxxxx Xxxxxxxx having received such revocation, but not before such time.

Appears in 1 contract

Samples: Mutual Release and Severance Agreement (Hawaiian Telcom Communications, Inc.)

Release of Age Discrimination Claims; Periods for Review and Reconsideration. a. (a) The Executive understands that this Agreement includes a release of claims arising under the Age Discrimination in Employment Act (ADEA). The Executive understands and warrants that he has been given a period of twenty- one (21) 21 days to review and consider this Agreement. The Executive is hereby advised to consult with an attorney prior to executing the Agreement. By his signature below, the Executive warrants that he has had the opportunity to do so and to be fully and fairly advised by that legal counsel as to the terms of the Agreement. The Executive further warrants that he understands that he may use as much or all of his 21-day period as he wishes before signing, and warrants that he has done so. b. (b) The Executive further warrants that he understands that he has seven (7) days after signing this Agreement to revoke the Agreement by notice in writing to Xxx XxxxxxxxxGeneral Counsel, Getty Petroleum Marketing Inc.Party City Corporation, 000 400 Xxxxxxx Xxx, Xxxxxxxx, Xxxxxxx, XX Xxx Xxxxxx 00000. This Agreement shall be binding, effective, and enforceable upon both parties upon the expiration of this seven-day revocation period without Xx. Xxxxxxxxx the General Counsel of the Company having received such revocation, but not before such time.

Appears in 1 contract

Samples: Severance Agreement (Party City Corp)

Release of Age Discrimination Claims; Periods for Review and Reconsideration. a. Executive x. Xxxxxx understands and agrees that this paragraph 14 of this Agreement includes a release of claims arising under the Age Discrimination in Employment Act (ADEA)) and that this provision does not waive rights or claims that may arise after the date the waiver is executed. Executive Xxxxxx understands and warrants that he has been given a period of twenty- twenty-one (21) days to review and consider this Agreement. Executive Xxxxxx is hereby advised to consult with an attorney prior to executing the Agreement. By his signature below, Executive warrants that he has had the opportunity to do so and to be fully and fairly advised by that legal counsel as to the terms of the Agreement. Executive Xxxxxx further warrants that he understands that he may use as much of or all of his this 21-day period as he wishes before signing, and warrants that he has done so. b. Executive x. Xxxxxx further warrants that he understands that he has seven (7) days after signing this Agreement to revoke the Agreement by notice in writing to Xxx XxxxxxxxxXxxxxxx X. Xxxxx, Getty Petroleum Marketing Inc., 000 Xxxxxxx Xxxxxxxx, Xxxxxxx, XX 00000Chairman of InteliData. This Agreement shall be binding, effective, and enforceable upon both parties upon the expiration of this seven-day revocation period without Xx. Xxxxxxxxx with Xxxxxxx Xxxxx having received receive no such revocation, but not before such time.

Appears in 1 contract

Samples: General Release and Severance Agreement (Intelidata Technologies Corp)

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Release of Age Discrimination Claims; Periods for Review and Reconsideration. a. Executive understands MxXxx xxxerstands and agrees that paragraph 14 of this Agreement includes a release of claims arising under the Age Discrimination in Employment Act ("ADEA)") and that this provision does not waive rights or claims that may arise after the date the waiver is executed. Executive understands McVex xxxerstands and warrants that he has been given a period of twenty- twenty-one (21) days to review and consider this Agreement. Executive is McVex xx hereby advised to consult with an attorney prior to executing the Agreement. By his signature below, Executive warrants that he has had the opportunity to do so and to be fully and fairly advised by that legal counsel as to the terms of the Agreement. Executive further McVex xxxther warrants that he understands that he may use as much of or all of his this 21-day period as he wishes before signing, and warrants that he has done so. b. Executive further MxXxx xxxther warrants that he understands that he has seven (7) days after signing this Agreement to revoke the Agreement by notice in writing to Xxx XxxxxxxxxRichxxx X. Xxxxx, Getty Petroleum Marketing Inc.X.D., 000 Xxxxxxx Xxxxxxxx, Xxxxxxx, XX 00000Chairman of the Board. This Agreement shall be binding, effective, and enforceable upon both parties upon the expiration of this seven-day revocation period without Xx. Xxxxxxxxx having with Dr. Xxxxxxx Xxxxx xxxing received no such revocation, but not before such time.

Appears in 1 contract

Samples: General Release and Severance Agreement (Fuisz Technologies LTD)

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