Common use of Release of Claims Under Age Discrimination in Employment Act Clause in Contracts

Release of Claims Under Age Discrimination in Employment Act. Without limiting the generality of the foregoing, the Executive agrees that by executing this Release, he has released and waived any and all Claims he has or may have as of the date of this Release under the Age Discrimination in Employment Act, 29 U.S.C. § 621, et seq. The Executive acknowledges and agrees that he has been, and hereby is, advised by the Company to consult with an attorney prior to executing this Release. The Executive further acknowledges and agrees that the Company has offered the Executive the opportunity, before executing this Release, to consider this Release for a period of twenty-one (21) calendar days; and that the consideration the Executive receives for this Release is in addition to amounts to which the Executive was already entitled. It is further understood that this Release is not effective until seven (7) calendar days after the execution of this Release and that Participant may revoke this Release within seven (7) calendar days from the date of execution hereof.

Appears in 2 contracts

Samples: Retirement and Separation Agreement, Retirement and Separation Agreement (Atwood Oceanics Inc)

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Release of Claims Under Age Discrimination in Employment Act. Without limiting the generality of the foregoing, the Executive agrees that by executing this Release, he she has released and waived any and all Claims he claims she has or may have as of the date of this Release for age discrimination under the Age Discrimination in Employment Act, 29 U.S.C. § 621, et seq. The ., Executive acknowledges and agrees that he Executive has been, and hereby is, advised by the Company to consult with an attorney prior to executing this Release. The Executive further acknowledges and agrees that the Company has offered the Executive the opportunity, before executing this Release, to consider this Release for a period of twenty-one (21) calendar days; and that the consideration the Executive she receives for this Release is in addition to amounts to which the Executive she was already entitled. It is further understood that this Release is not effective until seven (7) calendar days after the execution of this Release and that Participant Executive may revoke this Release within seven (7) calendar days from the date of execution hereof.

Appears in 1 contract

Samples: Employment Agreement (Global Payments Inc)

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Release of Claims Under Age Discrimination in Employment Act. Without limiting the generality of the foregoing, the Executive agrees that by executing this Release, he she has released and waived any and all Claims he claims she has or may have as of the date of this Release for age discrimination under the Age Discrimination in Employment Act, 29 U.S.C. § 621, et seq. The Executive acknowledges and agrees that he Executive has been, and hereby is, advised by the Company to consult with an attorney prior to executing this Release. The Executive further acknowledges and agrees that the Company has offered the Executive the opportunity, before executing this Release, to consider this Release for a period of twenty-one (21) calendar days; and that the consideration the Executive she receives for this Release is in addition to amounts to which the Executive she was already entitled. It is further understood that this Release is not effective until seven (7) calendar days after the execution of this Release and that Participant Executive may revoke this Release within seven (7) calendar days from the date of execution hereof.

Appears in 1 contract

Samples: Employment Agreement (Global Payments Inc)

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