Common use of Rescission Period Clause in Contracts

Rescission Period. The Employee understands that he has a full seven (7) days following his execution and delivery of this Agreement to the Company to revoke his consent to this Agreement by notifying the undersigned representative of the Company, of such revocation, in writing, within that seven-day period. This Agreement shall not be effective or enforceable until the seven-day revocation period has expired (the “Effective Date”). In the event that the Employee revokes this Agreement prior to the Effective Date, the Agreement shall be deemed void and neither party shall have any obligation hereunder, including the Company’s obligation to pay the amounts described herein.

Rescission Period. The Employee understands that he has a full seven (7) days following his execution and delivery of this Agreement to the Company to revoke his consent to this Agreement by notifying the undersigned representative of the CompanyJxx X. Xxxxxx, Vice President, Human Resources, of such revocation, in writing, within that seven-day period. This Agreement shall not be effective or enforceable until the seven-day revocation period has expired (the “Effective Date”)expired. In the event that the Employee revokes elects to revoke this Agreement prior to the Effective DateAgreement, the Agreement it shall be deemed void and neither party shall have any obligation hereunder, including the Company’s obligation to pay the amounts described herein.

Rescission Period. The Employee understands that he she has a full seven (7) days following his her execution and delivery of this Agreement to the Company to revoke his her consent to this Agreement by notifying the undersigned representative of the Company, of such revocation, in writing, within that seven-day period. This Agreement shall not be effective or enforceable until the seven-day revocation period has expired (the “Effective Date”). In the event that the Employee revokes this Agreement prior to the Effective Date, the Agreement shall be deemed void and neither party shall have any obligation hereunder, including the Company’s obligation to pay the amounts described herein.

Rescission Period. The Employee understands that he has a full seven (7) days following his execution and delivery of this Agreement to the Company to revoke his consent to this Agreement by notifying the undersigned representative of the Company, of such revocation, in writing, within that seven-day period. This Agreement shall not be effective or enforceable until the seven-day revocation period has expired (the “Effective Date”). In the event that the Employee revokes this Agreement prior to the Effective Date, the Agreement shall be deemed void and neither party shall have any obligation hereunder, including the Company’s obligation to pay the amounts described herein.