Common use of Review and Revocation Period Clause in Contracts

Review and Revocation Period. (a) You have forty-five (45) days following your receipt of this Agreement (the “Consideration Period”) to review its terms, including the Release, and to reflect upon them and consider whether you want to sign it, although you may sign it sooner; provided, however, that you may not sign this Agreement prior to the Separation Date. You acknowledge and agree that changes to this Agreement, whether material or immaterial, do not restart the running of the Consideration Period. You understand and agree that you may consent to this Agreement, including the Release, by signing and returning this Agreement within the applicable time frame to General Counsel, Rite Aid Corporation, 00 Xxxxxx Xxxx, Camp Hill, PA 17011 or by e-mail at xxxxxxxxx@xxxxxxx.xxx. (b) You may revoke your consent to the Release within the seven day period beginning on the date you execute this Agreement (such seven day period being referred to herein as the “Release Revocation Period”). To be effective, such revocation must be in writing signed by you and delivered to the Company at the above address before 11:59 p.m., Eastern Standard time, on the last day of the Release Revocation Period. (c) In the event of such revocation by you, the Release shall be of no force or effect, and you will not have any rights and the Company will not have any obligations under Section 2(b) of this Agreement. Provided that you do not revoke your consent to the Release within the Release Revocation Period, the Release shall become effective on the eighth (8th) calendar day after the date upon which you execute this Agreement (the “Release Effective Date”).

Appears in 2 contracts

Samples: Employment Agreement (Rite Aid Corp), Employment Agreement (Rite Aid Corp)

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Review and Revocation Period. (a) You have forty-five (45) days following your receipt of By executing and delivering this Agreement (the “Consideration Period”) to review its termsRelease, including the Executive acknowledges that Executive has carefully read this Release, and specifically, the release at set forth in Section 1 hereof; Executive has had at least twenty-one (21) days to reflect upon them consider the Release before execution and consider whether you want delivery hereof to the Company; and Executive has been and hereby is advised in writing that Executive may, at Executive’s option, discuss the Release with an attorney of Executive’s choice and that Executive has had adequate opportunity to do so. Executive fully understands the final and binding effect of the Release; the only promises made to Executive to sign itthe Release are those stated in the Retirement Agreement; and Executive is signing the Release voluntarily and of Executive’s own free will. Executive acknowledges that, although you may sign it sooner; providedabsent this Release becoming effective, however, that you may Executive would not sign this Agreement prior be entitled to the Separation Date. You acknowledge and agree that changes to this Agreement, whether material or immaterial, do not restart the running of the Consideration Period. You understand and agree that you may consent to this Agreement, including the Release, by signing and returning this Agreement within the applicable time frame to General Counsel, Rite Aid Corporation, 00 Xxxxxx Xxxx, Camp Hill, PA 17011 or by e-mail at xxxxxxxxx@xxxxxxx.xxxRetirement Benefits. (b) You Notwithstanding the initial effectiveness of the Release, Executive may revoke your consent to the execution and delivery (and therefore the effectiveness) of the Release within the seven seven-day period beginning on the date you execute this Agreement Executive delivers the executed Release to the Company (such seven seven-day period being referred to herein as the “Release Revocation Period”). To be effective, such revocation must be in writing signed by you Executive and must be delivered to the Company at the above address before 11:59 p.m., Eastern Central Standard time, on the last day of the Release Revocation Period. (c) . In the event of such revocation by youExecutive, the Retirement Agreement (including Paragraph 4 thereof) shall remain in full force and effect, except that the Release shall not be of no force or effecteffective, and you will Executive shall not have any rights rights, and the Company will shall not have any obligations under Section 2(b) of this Agreementobligations, to pay or provide the Retirement Benefits. Provided that you do Executive does not revoke your his consent to the Release within the Release Revocation Period, the Release shall become effective on the eighth (8th) calendar day after the date upon which you execute he executes this Agreement Release (the “Release Effective Date”).

Appears in 2 contracts

Samples: Retirement Agreement (Cme Group Inc.), Retirement Agreement (Cme Group Inc.)

Review and Revocation Period. (a) You have forty-five (45) days following your receipt of By executing and delivering this Agreement (the “Consideration Period”) to review its termsSecond Release, including the Executive acknowledges that Executive has carefully read this Second Release, and specifically, the release at Appendix B, Section 1; Executive has had at least twenty-one (21) days to reflect upon them consider the release at Appendix B, Section 1 before execution and consider whether you want delivery hereof to the Company; and Executive has been and hereby is advised in writing that Executive may, at Executive’s option, discuss the release at Appendix B, Section 1 with an attorney of Executive’s choice and that Executive has had adequate opportunity to do so. Executive fully understands the final and binding effect of the release at Appendix B, Section 1; the only promises made to Executive to sign itthis release at Appendix B, although you may sign it soonerSection 1 are those stated in the Severance Agreement and herein; providedand Executive is signing this release at Appendix B, however, that you may not sign this Agreement prior to the Separation Date. You acknowledge Section 1 voluntarily and agree that changes to this Agreement, whether material or immaterial, do not restart the running of the Consideration Period. You understand and agree that you may consent to this Agreement, including the Release, by signing and returning this Agreement within the applicable time frame to General Counsel, Rite Aid Corporation, 00 Xxxxxx Xxxx, Camp Hill, PA 17011 or by e-mail at xxxxxxxxx@xxxxxxx.xxxExecutive’s own free will. (b) You Notwithstanding the initial effectiveness of the release at Appendix B, Section 1, Executive may revoke your consent to the Release execution and delivery (and therefore the effectiveness) of the release at Appendix B, Section 1 within the seven day period beginning on the date you execute this Agreement Executive delivers the executed Second Release to the Company (such seven day period being referred to herein as the “Release Revocation Period”). To be effective, such revocation must be in writing signed by you Executive and must be delivered to the Company at the above address attn.: Xxxxxxx X. Xxxxx, InvenTrust Properties Corp., 0000 Xxxxxxxxxxx Xxxx, Suite 200, Oak Brook, Illinois 60523 before 11:59 p.m., Eastern Central Standard time, on the last day of the Release Revocation Period. (c) In the event of such revocation by youExecutive, the Release Severance Agreement shall be of no remain in full force or and effect, except for Appendix B, Section 1, and you will Executive shall not have any rights rights, and the Company will shall not have any obligations obligations, under Section 2(b2(c) of this Severance Agreement. Provided that you do Executive does not revoke your consent to the Release his execution and delivery of Appendix B, Section 1 within the Release Revocation Period, the Release Appendix B, Section 1 shall become effective on the eighth (8th) calendar day after the date upon which you execute he executes this Agreement Second Release (the “Second Release Effective Date”)) and, subject to continued compliance with the Severance Agreement, Executive shall be entitled to the payments and benefits described therein.

Appears in 1 contract

Samples: Severance Agreement (InvenTrust Properties Corp.)

Review and Revocation Period. (a) You have forty-five (45) days following your receipt of By executing and delivering this Agreement (the “Consideration Period”) to review its termsRelease, including the Executive acknowledges that Executive has carefully read this Release, and specifically, the release at set forth in Section 1 hereof; Executive has had at least twenty-one (21) days to reflect upon them consider the Release before execution and consider whether you want delivery hereof to the Company; and Executive has been and hereby is advised in writing that Executive may, at Executive’s option, discuss the Release with an attorney of Executive’s choice and that Executive has had adequate opportunity to do so. Executive fully understands the final and binding effect of the Release; the only promises made to Executive to sign itthe Release are those stated in the Retirement Agreement; and Executive is signing the Release voluntarily and of Executive’s own free will. Executive acknowledges that, although you may sign it sooner; providedabsent this Release becoming effective, however, that you may Executive would not sign this Agreement prior be entitled to the Separation Date. You acknowledge and agree that changes to this Agreement, whether material or immaterial, do not restart the running of the Consideration Period. You understand and agree that you may consent to this Agreement, including the Release, by signing and returning this Agreement within the applicable time frame to General Counsel, Rite Aid Corporation, 00 Xxxxxx Xxxx, Camp Hill, PA 17011 or by e-mail at xxxxxxxxx@xxxxxxx.xxxRetirement Benefits. (b) You Notwithstanding the initial effectiveness of the Release, Executive may revoke your consent to the execution and delivery (and therefore the effectiveness) of the Release within the seven seven-day period beginning on the date you execute this Agreement Executive delivers the executed Release to the Company (such seven seven-day period being referred to herein as the “Release Revocation Period”). To be effective, such revocation must be in writing signed by you Executive and must be delivered to the Company at the above address before 11:59 p.m., Eastern Central Standard time, on the last day of the Release Revocation Period. (c) . In the event of such revocation by youExecutive, the Retirement Agreement (including Section 4 thereof) shall remain in full force and effect, except that the Release shall not be of no force or effecteffective, and you will Executive shall not have any rights rights, and the Company will shall not have any obligations under Section 2(b) of this Agreementobligations, to pay or provide the Retirement Benefits. Provided that you do Executive does not revoke your her consent to the Release within the Release Revocation Period, the Release shall become effective on the eighth (8th) calendar day after the date upon which you execute he executes this Agreement Release (the “Release Effective Date”).

Appears in 1 contract

Samples: Retirement Agreement (Cme Group Inc.)

Review and Revocation Period. (a) You By executing and delivering this Supplemental Release, you acknowledge that you have fortycarefully read this Supplemental Release; you have had at least twenty-five one (4521) days following your receipt of to consider this Agreement (Supplemental Release before execution and delivery hereof to the “Consideration Period”) to review its termsCompany, including the Release, and to reflect upon them and consider whether you want to sign it, although though you may sign it sooner; provided, however, and you have been and hereby are advised in writing that you may not may, at your option, discuss this Supplemental Release with an attorney of your choice and that you have had adequate opportunity to do so. You fully understand the final and binding effect of this Supplemental Release; the only promises made to you to sign this Agreement prior Supplemental Release are those stated herein; and you are signing this Supplemental Release voluntarily and of your own free will in exchange for good and valuable consideration to the Separation Date. You acknowledge and agree that changes to this Agreement, whether material or immaterial, do which you are not restart the running of the Consideration Period. You understand and agree that you may consent to this Agreementotherwise entitled, including the Release, by signing payment and returning this Agreement within benefits set forth in Section 2 of the applicable time frame to General Counsel, Rite Aid Corporation, 00 Xxxxxx Xxxx, Camp Hill, PA 17011 or by e-mail at xxxxxxxxx@xxxxxxx.xxxSeparation Agreement. (b) You Notwithstanding the initial effectiveness of this Supplemental Release, you may revoke your consent to the execution and delivery (and therefore the effectiveness) of this Supplemental Release within the seven (7) day period beginning on the date you execute this Agreement deliver the re-execution to the Company (such seven (7) day period being referred to herein as the “Release Revocation Period”). To be effective, such revocation must be in writing signed by you and must be delivered to the Company at the above address before 11:59 p.m., Eastern Standard time, on the last day of the Release Revocation Period. (c) In the event of such revocation by you, the this Supplemental Release shall be of no force or effect, and you will shall not have any rights and the Company will shall not have any obligations under Section 2(b) 2 of this the Separation Agreement. Provided that you do not revoke your consent to the this Supplemental Release within the Release Revocation Period, the this Supplemental Release shall become effective on the eighth (8th) calendar day after the date upon which you execute this Agreement Supplemental Release (the “Supplemental Release Effective Date”).

Appears in 1 contract

Samples: Transition and Separation Agreement (CF Industries Holdings, Inc.)

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Review and Revocation Period. (a) You have fortyBy executing and delivering this Supplemental Release, Executive acknowledges that Executive has carefully read this Supplemental Release; Executive has had at least twenty-five one (4521) days following your receipt to consider this Supplemental Release before execution and delivery hereof to the Company; and Executive has been and hereby is advised in writing that Executive may, at Executive’s option, discuss this Supplemental Release with an attorney of Executive’s choice and that Executive has had adequate opportunity to do so. Executive fully understands the final and binding effect of this Agreement (Supplemental Release; the “Consideration Period”) only promises made to review its terms, including the Release, and to reflect upon them and consider whether you want Executive to sign it, although you may sign it soonerthis Supplemental Release are those stated herein; provided, however, that you may not sign and Executive is signing this Agreement prior to the Separation Date. You acknowledge Supplemental Release voluntarily and agree that changes to this Agreement, whether material or immaterial, do not restart the running of the Consideration Period. You understand and agree that you may consent to this Agreement, including the Release, by signing and returning this Agreement within the applicable time frame to General Counsel, Rite Aid Corporation, 00 Xxxxxx Xxxx, Camp Hill, PA 17011 or by e-mail at xxxxxxxxx@xxxxxxx.xxxExecutive’s own free will. (b) You Notwithstanding the initial effectiveness of this Supplemental Release, Executive may revoke your consent to the execution and delivery (and therefore the effectiveness) of this Supplemental Release within the seven day period beginning on the date you execute this Agreement Executive delivers the re-execution to the Company (such seven day period being referred to herein as the “Release Revocation Period”). To be effective, such revocation must be in writing signed by you Executive and must be delivered to the Company at the above address before 11:59 p.m., Eastern Standard time, on the last day of the Release Revocation Period. (c) In the event of such revocation by youExecutive, the this Supplemental Release shall be of no force or effect, and you will Executive shall not have any rights and the Company will shall not have any obligations under Section 2(b3(c) of this the Separation Agreement. Provided that you do Executive does not revoke your his consent to the this Supplemental Release within the Release Revocation Period, the this Supplemental Release shall become effective on the eighth (8th) calendar day after the date upon which you execute he executes this Agreement Supplemental Release (the “Supplemental Release Effective Date”).

Appears in 1 contract

Samples: Separation Agreement (Armstrong Flooring, Inc.)

Review and Revocation Period. (a) You have forty-five (45) days following your receipt of By executing and delivering this Agreement (the “Consideration Period”) to review its termsRelease, including the Executive acknowledges that Executive has carefully read this Release, and specifically, the release at set forth in Section 1 hereof; Executive has had at least twenty-one (21) days to reflect upon them consider the Release before execution and consider whether you want delivery hereof to the Company; and Executive has been and hereby is advised in writing that Executive may, at Executive’s option, discuss the Release with an attorney of Executive’s choice and that Executive has had adequate opportunity to do so. Executive fully understands the final and binding effect of the Release; the only promises made to Executive to sign itthe Release are those stated in the Retirement Agreement; and Executive is signing the Release voluntarily and of Executive’s own free will. Executive acknowledges that, although you may sign it sooner; providedabsent this Release becoming effective, however, that you may Executive would not sign this Agreement prior be entitled to the Separation Date. You acknowledge and agree that changes to this Agreement, whether material or immaterial, do not restart the running of the Consideration Period. You understand and agree that you may consent to this Agreement, including the Release, by signing and returning this Agreement within the applicable time frame to General Counsel, Rite Aid Corporation, 00 Xxxxxx Xxxx, Camp Hill, PA 17011 or by e-mail at xxxxxxxxx@xxxxxxx.xxxRetirement Benefits. (b) You Notwithstanding the initial effectiveness of the Release, Executive may revoke your consent to the execution and delivery (and therefore the effectiveness) of the Release within the seven day period beginning on the date you execute this Agreement Executive delivers the executed Release to the Company (such seven day period being referred to herein as the “Release Revocation Period”). To be effective, such revocation must be in writing signed by you Executive and must be delivered to the Company at the above address before 11:59 p.m., Eastern Central Standard time, on the last day of the Release Revocation Period. (c) . In the event of such revocation by youExecutive, the Retirement Agreement (including Section 4 thereof) shall remain in full force and effect, except that the Release shall not be of no force or effecteffective, and you will Executive shall not have any rights rights, and the Company will shall not have any obligations under Section 2(b) of this Agreementobligations, to pay or provide the Retirement Benefits. Provided that you do Executive does not revoke your his consent to the Release within the Release Revocation Period, the Release shall become effective on the eighth (8th) calendar day after the date upon which you execute he executes this Agreement Release (the “Release Effective Date”).

Appears in 1 contract

Samples: Retirement Agreement (Cme Group Inc.)

Review and Revocation Period. (a) You have forty-five (45) days following your receipt of By executing and delivering this Agreement (the “Consideration Period”) to review its termsRelease, including the Executive acknowledges that Executive has carefully read this Release, and specifically, the release at set forth in Section 1 hereof; Executive has had at least twenty-one (21) days to reflect upon them consider the Release before execution and consider whether you want delivery hereof to the Company; and Executive has been and hereby is advised in writing that Executive may, at Executive’s option, discuss the Release with an attorney of Executive’s choice and that Executive has had adequate opportunity to do so. Executive fully understands the final and binding effect of the Release; the only promises made to Executive to sign itthe Release are those stated in the Retirement Agreement; and Executive is signing the Release voluntarily and of Executive’s own free will. Executive acknowledges that, although you may sign it sooner; providedabsent this Release becoming effective, however, that you may Executive would not sign this Agreement prior be entitled to the Separation Date. You acknowledge and agree that changes to this Agreement, whether material or immaterial, do not restart the running of the Consideration Period. You understand and agree that you may consent to this Agreement, including the Release, by signing and returning this Agreement within the applicable time frame to General Counsel, Rite Aid Corporation, 00 Xxxxxx Xxxx, Camp Hill, PA 17011 or by e-mail at xxxxxxxxx@xxxxxxx.xxxRetirement Benefits. (b) You Notwithstanding the initial effectiveness of the Release, Executive may revoke your consent to the execution and delivery (and therefore the effectiveness) of the Release within the seven seven-day period beginning on the date you execute this Agreement Executive delivers the executed Release to the Company (such seven seven-day period being referred to herein as the “Release Revocation Period”). To be effective, such revocation must be in writing signed by you Executive and must be delivered to the Company at the above address before 11:59 p.m., Eastern Central Standard time, on the last day of the Release Revocation Period. (c) . In the event of such revocation by youExecutive, the Retirement Agreement (including Paragraph 5 thereof) shall remain in full force and effect, except that the Release shall not be of no force or effecteffective, and you will Executive shall not have any rights rights, and the Company will shall not have any obligations under Section 2(b) of this Agreementobligations, to pay or provide the Retirement Benefits. Provided that you do Executive does not revoke your his consent to the Release within the Release Revocation Period, the Release shall become effective on the eighth (8th) calendar day after the date upon which you execute he executes this Agreement Release (the “Release Effective Date”).

Appears in 1 contract

Samples: Retirement Agreement (Cme Group Inc.)

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