Common use of Required Notice of All Claims and Statute of Limitations Clause in Contracts

Required Notice of All Claims and Statute of Limitations. Company and Employee agree that the aggrieved party must give written notice of any claim to the other party within one year of the date the aggrieved party first has knowledge of the event giving rise to the claim; otherwise the claim shall be void and deemed waived even if there is a federal or state statute of limitations which would have given more time to pursue the claim. The written notice shall identify and describe the nature of all claims asserted and the facts upon which such claims are based.

Appears in 17 contracts

Samples: Employment Agreement (Orasure Technologies Inc), Employment Agreement (Assisted Living Concepts Inc), Employment Agreement (Orasure Technologies Inc)

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Required Notice of All Claims and Statute of Limitations. Company and Employee Executive agree that the aggrieved party must give written notice of any claim Claim to the other party within one year of the date the aggrieved party first has knowledge of the event giving rise to the claim; otherwise Claim. Failure to provide such notice shall result in the claim shall be Claim being void and deemed waived waived, even if there is a federal or state statute of limitations which would have given more time to pursue the claimClaim. The written notice shall identify and describe the nature of all claims Claims asserted and the facts upon which such claims Claims are based.

Appears in 1 contract

Samples: Separation and Consulting Agreement (Assisted Living Concepts Inc)

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