Review and Revocation Period. Executive has been given twenty-one (21)2 calendar days to consider the terms of this Release, although Executive may sign it at any time sooner. Executive has seven (7) calendar days after the date on which Executive executes this Release for purposes of the ADEA Release to revoke Executive’s consent to the ADEA Release. Such revocation must be in writing and must be e-mailed to [ ] at [ ]3 Notice of such revocation of the ADEA Release must be received within the seven (7) calendar days referenced above. In the event of such revocation of the ADEA Release by Executive, with the exception of the ADEA Release (which shall become null and void), this Release shall otherwise remain fully effective. Provided that Executive does not revoke his execution of the ADEA Release within such seven (7) day revocation period, the “ADEA Release Effective Date” shall occur on the eighth calendar day after the date on which he signs the signature page of this Release reflecting Executive’s assent to the ADEA Release. If Executive does not sign this Release (including the ADEA Release) within twenty-one (21) days after the Company presents it to him, or if Executive timely revokes the ADEA Release within the above- referenced seven day period, Executive shall have no right to the payments and benefits set forth in Section V-(A)(i)-(iv) of the Employment Agreement.
Appears in 2 contracts
Samples: Employment Agreement (Travel & Leisure Co.), Employment Agreement (Travel & Leisure Co.)
Review and Revocation Period. Executive has been given twenty-one (21)2 calendar days to consider the terms of this Release, although Executive may sign it at any time sooner. Executive has seven (7) calendar days after the date on which Executive executes this Release for purposes of the ADEA Release to revoke Executive’s consent to the ADEA Release. Such revocation must be in writing and must be e-mailed to [ ] at [ ]3 Notice of such revocation of the ADEA Release must be received within the seven (7) calendar days referenced above. In the event of such revocation of the ADEA Release by Executive, with the exception of the ADEA Release (which shall become null and void), this Release shall otherwise remain fully effective. Provided that Executive does not revoke his execution of the ADEA Release within such seven (7) day revocation period, the “ADEA Release Effective Date” shall occur on the eighth calendar day after the date on which he signs the signature page of this Release reflecting Executive’s assent to the ADEA Release. If Executive does not sign this Release (including the ADEA Release) within twenty-one (21) days after the Company presents it to him, or if Executive timely revokes the ADEA Release within the above- referenced seven day period, Executive shall have no right to the payments and benefits set forth in Section V-(A)(i)-(ivVI-(A)(i)-(iv) of the Employment Agreement.
Appears in 2 contracts
Samples: Employment Agreement (Travel & Leisure Co.), Employment Agreement (Travel & Leisure Co.)
Review and Revocation Period. Executive has been given twenty-one (21)2 21) calendar days to consider the terms of this Release, although Executive may sign it at any time sooner. Executive has seven (7) calendar days after the date on which Executive executes this Release for purposes of the ADEA Release to revoke Executive’s consent to the ADEA Release. Such revocation must be in writing and must be e-mailed to [ ] at [ ]3 . Notice of such revocation of the ADEA Release must be received within the seven (7) calendar days referenced above. In the event of such revocation of the ADEA Release by Executive, with the exception of the ADEA Release (which shall become null and void), this Release shall otherwise remain fully effective. Provided that Executive does not revoke his execution of the ADEA Release within such seven (7) day revocation period, the “ADEA Release Effective Date” shall occur on the eighth calendar day after the date on which he signs the signature page of this Release reflecting Executive’s assent to the ADEA Release. If Executive does not sign this Release (including the ADEA Release) within twenty-one (21) days after the Company presents it to him, or if Executive timely revokes the ADEA Release within the above- above-referenced seven day period, Executive shall have no right to the payments and benefits set forth in Section V-(A)(i)-(iv) [Paragraph V]/[Section V(A)(i)-(iii)] of the Employment Agreement.
Appears in 2 contracts
Samples: Employment Agreement (Wyndham Hotels & Resorts, Inc.), Employment Agreement (Wyndham Hotels & Resorts, Inc.)
Review and Revocation Period. Executive has been given twentyforty-one five (21)2 45) calendar days to consider the terms of this Release, although Executive may sign it at any time sooner. Executive has seven (7) calendar days after the date on which Executive executes this Release for purposes of the ADEA Release to revoke Executive’s consent to the ADEA Release. Such revocation must be in writing and must be e-mailed to [ ] Xxxx Xxxxxx at [ ]3 __________________________. Notice of such revocation of the ADEA Release must be received within the seven (7) calendar days referenced above. In the event of such revocation of the ADEA Release by Executive, with the exception of the ADEA Release (which shall become null and void), this Release shall otherwise remain fully effective. Provided that Executive does not revoke his execution of the ADEA Release within such seven (7) day revocation period, the “ADEA Release Effective Date” shall occur on the eighth calendar day after the date on which he signs the signature page of this Release reflecting Executive’s assent to the ADEA Release. If Executive does not sign this Release within forty-five (including the ADEA Release) within twenty-one (2145) days after the Company presents it to him, or if Executive timely revokes the ADEA this Release within the above- referenced seven day permissible period, Executive shall have no right to the payments and benefits set forth in Section V-(A)(i)-(iv) 2.1 of the Employment Agreement.
Appears in 1 contract
Samples: Separation and Release Agreement (Wyndham Hotels & Resorts, Inc.)
Review and Revocation Period. Executive has been given twentyforty-one five (21)2 45) calendar days to consider the terms of this Release, although Executive may sign it at any time sooner. Executive has seven (7) calendar days after the date on which Executive executes this Release for purposes of the ADEA Release to revoke Executive’s consent to the ADEA Release. Such revocation must be in writing and must be e-mailed to [ ] Xxxx Xxxxxx at [ ]3 _________________________________. Notice of such revocation of the ADEA Release must be received within the seven (7) calendar days referenced above. In the event of such revocation of the ADEA Release by Executive, with the exception of the ADEA Release (which shall become null and void), this Release shall otherwise remain fully effective. Provided that Executive does not revoke his execution of the ADEA Release within such seven (7) day revocation period, the “ADEA Release Effective Date” shall occur on the eighth calendar day after the date on which he signs the signature page of this Release reflecting Executive’s assent to the ADEA Release. If Executive does not sign this Release within forty-five (including the ADEA Release) within twenty-one (2145) days after the Company presents it to him, or if Executive timely revokes the ADEA this Release within the above- referenced seven day permissible period, Executive shall have no right to the payments and benefits set forth in Section V-(A)(i)-(iv) 2.1 of the Employment Agreement.
Appears in 1 contract
Samples: Separation and Release Agreement (Wyndham Hotels & Resorts, Inc.)
Review and Revocation Period. Executive has been given twenty-one (21)2 21) calendar days to consider the terms of this Release, although Executive may sign it at any time sooner. Executive has seven (7) calendar days after the date on which Executive executes this Release for purposes of the ADEA Release to revoke Executive’s consent to the ADEA Release. Such revocation must be in writing and must be e-mailed to [ ] at [ ]3 . Notice of such revocation of the ADEA Release must be received within the seven (7) calendar days referenced above. In the event of such revocation of the ADEA Release by Executive, with the exception of the ADEA Release (which shall become null and void), this Release shall otherwise remain fully effective. Provided that Executive does not revoke his execution of the ADEA Release within such seven (7) day revocation period, the “ADEA Release Effective Date” shall occur on the eighth calendar day after the date on which he signs the signature page of this Release reflecting Executive’s assent to the ADEA Release. If Executive does not sign this Release (including the ADEA Release) within twenty-one (21) days after the Company presents it to him, or if Executive timely revokes the ADEA Release within the above- above-referenced seven day period, Executive shall have no right to the payments and benefits set forth in Section V-(A)(i)-(ivV(A)(i)-(iv) of the Employment Agreement.
Appears in 1 contract
Samples: Employment Agreement (Wyndham Hotels & Resorts, Inc.)
Review and Revocation Period. Executive hereby represents that he has read this Release carefully and fully understands the terms hereof, and that he has been given twenty-one (21)2 calendar advised to consult with an attorney and has had the opportunity to consult with an attorney prior to signing this Release. Executive acknowledges that he is executing this Release voluntarily and knowingly, without duress or coercion, and that he has not relied on any representations, promises or agreements of any kind, other than those set forth in this Release. Executive further represents that he has had 21 days to consider the terms of review this Release, although Executive may sign it at any time sooner. Executive has seven (7) calendar days after the date on which Executive executes this Release for purposes of the ADEA Release to revoke Executive’s consent to the ADEA Release. Such revocation must be in writing and must be e-mailed to [ ] at [ ]3 Notice of such revocation of the ADEA Release must be received within the seven (7) calendar days referenced above. In the event of such revocation of the ADEA Release by Executive, with the exception of the ADEA Release (which shall become null and void), this Release shall otherwise remain fully effective. Provided that Executive does not revoke his execution of the ADEA Release within such seven (7) day revocation period, the “ADEA Release Effective Date” shall occur on the eighth calendar day after the date on which he signs the signature page of this Release reflecting Executive’s assent to the ADEA Release. If Executive does not sign has executed this Release (including the ADEA Release) within twenty-one (21) in fewer than 21 days after its delivery, Executive hereby acknowledges that his decision to execute this Release prior to the expiration of such 21-day period was entirely voluntary. Executive may revoke his acceptance of this Release within seven days after he has signed it and delivered it to the Company presents (the “Revocation Period”) by sending written notice to the Company that Executive wishes to revoke his acceptance of it to him, or if and not be bound by it. If Executive timely revokes this Release, the ADEA Release within the above- referenced seven day period, Executive Company shall have no right obligation to provide to Executive the payments benefits described in Sections 6.3(a)(ii), 6.3(a)(iii), 6.3(b) and benefits set forth in Section V-(A)(i)-(iv6.3(c) of the Employment Agreement. This Release shall become effective on the 7th day after Executive signs it unless revoked in accordance with the procedure set forth in the prior sentence. This Release shall be null and void if not countersigned by the Company, and delivered to Executive, within seven (7) days after expiration of the Revocation Period.
Appears in 1 contract