Common use of Review and Revocation Periods, Effective Date Clause in Contracts

Review and Revocation Periods, Effective Date. Employee understands that he has a period of twenty-one (21) calendar days from his receipt of this Agreement to consider the terms and conditions of this Agreement, except that if the last day of this period falls on a Saturday, Sunday or holiday observed by the Company, Employee shall have until the close of business on the next immediate business day (the “Review Period”). Employee may accept this Agreement by fully signing, notarizing and returning it to Xxxx X’Xxxxxx, Human Resources Director, Wireless Telecom Group, Inc., 00 Xxxxxxxx Xxxx, Xxxxxxxxxx, Xxx Xxxxxx 00000, by no later than 5:00 p.m. on the last day of his Review Period. By signing this Agreement, Employee expressly acknowledges and agrees that (a) he has had up to twenty-one (21) calendar days to carefully read and fully consider the terms of this Agreement and that he understands he can use as much of the Review Period or all of the Review Period before signing the Agreement; (b) to the extent that he signs the Agreement prior to the expiration of the Review Period, he is voluntarily and knowingly waiving the balance of the Review Period; (c) he has been advised in writing to discuss this Agreement with an attorney before signing it and the time afforded him provided him a full and fair opportunity to do so; (d) he has so consulted an attorney or knowingly waived the right to do so before signing this Agreement; (e) he has carefully read this Agreement and fully understands the terms and information stated therein; (f) he is physically and emotionally competent and of sound mind to execute this Agreement; and (g) he is knowingly and voluntarily signing this Agreement of his own free will, act and deed. He warrants that he has made such investigation of the facts pertaining to this Agreement and all matters contained herein as he deems necessary, desirable and appropriate, and agrees that the release provided for herein shall remain in all respects effective and enforceable and not subject to termination or rescission by reason of any later discovery of new, different or additional facts. Employee understands that he has an additional period of seven (7) calendar days after he signs the Agreement to revoke his acceptance of the Agreement, except that if the seventh (7th) calendar day after he signs the Agreement falls on a Saturday, Sunday or legal holiday, he will have until the close of business on the next immediate business day (the “Revocation Period”). Employee agrees that this Agreement shall become fully effective and enforceable the first calendar day following the expiration of the Revocation Period, provided he does not first timely provide a notice of revocation to the Company (the “Effective Date”). Employee understands that if he does not sign this Agreement and return it to the Company by the end of his Review Period, or if he executes his right to revoke this Agreement, he will not be entitled to receive the Severance Payment and other benefits described below in Section 4, and the terms of the Agreement shall be deemed null and void.

Appears in 1 contract

Samples: Separation Agreement and General Release (Wireless Telecom Group Inc)

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Review and Revocation Periods, Effective Date. Employee understands acknowledges that he has a period of had at least twenty-one (21) calendar days from his receipt of this Agreement Release to consider the terms and conditions of this Agreement, except that if the last day of this period falls on a Saturday, Sunday or holiday observed by the Company, Employee shall have until the close of business on the next immediate business day Release (the “Review Period”). Employee may accept this Agreement Release by fully signing, notarizing and returning it to Xxxx X’XxxxxxXxxxxxxx Xxxxxxxxx, Human Resources Director, Wireless Telecom Group, Inc., 00 Xxxxxxxx Xxxx, Xxxxxxxxxx, Xxx Xxxxxx 00000, by no earlier than the day after the Separation Date and no later than 5:00 p.m. on five (5) business days after the last day of his Review PeriodSeparation Date (“Release Return Date”). By signing this AgreementRelease, Employee expressly acknowledges and agrees that (a) he has had up to twenty-one (21) calendar days to carefully read and fully consider the terms of this Agreement Release and that he understands he can use as much of the Review Period or all of the Review Period before signing the AgreementRelease; (b) to the extent that he signs the Agreement prior to the expiration of the Review Period, he is voluntarily and knowingly waiving the balance of the Review Period; (c) he has been advised in writing to discuss this Agreement Release with an attorney before signing it and the time afforded him provided him a full and fair opportunity to do so; (dc) he has so consulted an attorney or knowingly waived the right to do so before signing this AgreementRelease; (ed) he has carefully read this Agreement Release and fully understands the terms and information stated therein; (fe) he is physically and emotionally competent and of sound mind to execute this AgreementRelease; and (gf) he is knowingly and voluntarily signing this Agreement Release of his own free will, act and deed. He warrants that he has made such investigation of the facts pertaining to this Agreement Release and all matters contained herein as he deems necessary, desirable and appropriate, and agrees that the release provided for herein shall remain in all respects effective and enforceable and not subject to termination or rescission by reason of any later discovery of new, different or additional facts. Employee understands that he has an additional period of seven (7) calendar days after he signs the Agreement Release to revoke his acceptance of the AgreementRelease, except that if the seventh (7th) calendar day after he signs the Agreement Release falls on a Saturday, Sunday or legal holiday, he will have until the close of business on the next immediate business day (the “Revocation Period”). Employee agrees that this Agreement Release shall become fully effective and enforceable the first calendar day following the expiration of the Revocation Period, provided he does not first timely provide a notice of revocation to the Company (the “Release Effective Date”). Employee understands that if he does not sign this Agreement Release and return it to the Company by the end of his Review PeriodRelease Return Date, or if he executes his right to revoke this AgreementRelease, he will not be entitled to receive the Severance Payment and other benefits described below in Section 4the Agreement, and the terms of the Agreement shall be deemed null and void.

Appears in 1 contract

Samples: Separation Agreement and General Release (Wireless Telecom Group Inc)

Review and Revocation Periods, Effective Date. Employee understands that he he/she has a period of twenty-one (21) calendar days from his his/her receipt of this Agreement to consider the terms and conditions of this Agreement, except that if the last day of this period falls on a Saturday, Sunday or holiday observed by the Company, Employee shall have until the close of business on the next immediate business day (the “Review Period”). Employee may accept this Agreement by fully signing, notarizing and returning it to Xxxx X’XxxxxxXxxxxx Xxxxxxxx, Human Resources Director, Wireless Telecom Group, Inc., 00 Xxxxxxxx Xxxx, Xxxxxxxxxx, Xxx Xxxxxx 00000, by no later than 5:00 p.m. on the last day of his his/her Review PeriodPeriod (“Agreement and Release Return Date”). By signing this Agreement, Employee expressly acknowledges and agrees that (a) he he/she has had up to twenty-one (21) calendar days to carefully read and fully consider the terms of this Agreement and that he he/she understands he he/she can use as much of the Review Period or all of the Review Period before signing the Agreement; (b) to the extent that he he/she signs the Agreement prior to the expiration of the Review Period, he he/she is voluntarily and knowingly waiving the balance of the Review Period; (c) he he/she has been advised in writing to discuss this Agreement with an attorney before signing it and the time afforded him him/her provided him him/her a full and fair opportunity to do so; (d) he he/she has so consulted an attorney or knowingly waived the right to do so before signing this Agreement; (e) he he/she has carefully read this Agreement and fully understands the terms and information stated therein; (f) he he/she is physically and emotionally competent and of sound mind to execute this Agreement; and (g) he he/she is knowingly and voluntarily signing this Agreement of his his/her own free will, act and deed. He He/she warrants that he he/she has made such investigation of the facts pertaining to this Agreement and all matters contained herein as he he/she deems necessary, desirable and appropriate, and agrees that the release Release provided for herein shall remain in all respects effective and enforceable and not subject to termination or rescission by reason of any later discovery of new, different or additional facts. Employee understands that he he/she has an additional period of seven (7) calendar days after he he/she signs the Agreement to revoke his his/her acceptance of the Agreement, except that if the seventh (7th) calendar day after he she signs the Agreement falls on a Saturday, Sunday or legal holiday, he he/she will have until the close of business on the next immediate business day (the “Revocation Period”). Employee agrees that this Agreement shall become fully effective and enforceable the first calendar day following the expiration of the Revocation Period, provided he he/she does not first timely provide a notice of revocation to the Company (the “Effective Date”). Employee understands that if he he/she does not sign this Agreement and return it to the Company by the end of his his/her Review Period, or if he he/she executes his his/her right to revoke this Agreement, he he/she will not be entitled to receive the Severance Payment and other benefits described below in Section 43, and the terms of the Agreement shall be deemed null and void.

Appears in 1 contract

Samples: Confidential Separation Agreement and General Release (Wireless Telecom Group Inc)

Review and Revocation Periods, Effective Date. Employee understands that he he/she has a period of twenty-one (21) calendar days from his his/her receipt of this Agreement to consider the terms and conditions of this Agreement, except that if the last day of this period falls on a Saturday, Sunday Sunday, or holiday observed by the Company, Employee shall have until the close of business on the next immediate business day (the “Review Period”). Employee may accept this Agreement by fully signing, notarizing notarizing, and returning it to Xxxx X’XxxxxxMxxxxxxx Xxxxxxxxx, Director of Human Resources DirectorResources, Wireless Telecom Group, Inc., 00 20 Xxxxxxxx Xxxx, Xxxxxxxxxx, Xxx Xxxxxx 00000, by no later than 5:00 p.m. on the last day of his his/her Review PeriodPeriod (“Agreement and Release Return Date”). By signing this Agreement, Employee expressly acknowledges and agrees that (a) he he/she has had up to twenty-one (21) calendar days to carefully read and fully consider the terms of this Agreement and that he he/she understands he he/she can use as much of the Review Period or all of the Review Period before signing the this Agreement; (b) to the extent that he he/she signs the this Agreement prior to the expiration of the Review Period, he he/she is voluntarily and knowingly waiving the balance of the Review Period; (c) he he/she has been advised in writing to discuss this Agreement with an attorney before signing it and the time afforded him him/her provided him him/her a full and fair opportunity to do so; (d) he he/she has so consulted an attorney or knowingly waived the right to do so before signing this Agreement; (e) he he/she has carefully read this Agreement and fully understands the terms and information stated therein; (f) he he/she is physically and emotionally competent and of sound mind to execute this Agreement; and (g) he he/she is knowingly and voluntarily signing this Agreement of his his/her own free will, act act, and deed. He He/she warrants that he he/she has made such investigation of the facts pertaining to this Agreement and all matters contained herein as he he/she deems necessary, desirable desirable, and appropriate, and agrees that the release Release provided for herein shall remain in all respects effective and enforceable and not subject to termination or rescission by reason of any later discovery of new, different different, or additional facts. Employee understands that he he/she has an additional period of seven (7) calendar days after he he/she signs the this Agreement to revoke his his/her acceptance of this Agreement by sending written notice of his/her revocation of this Agreement to the AgreementCompany’s Director of Human Resources at the address set forth above, except that if the seventh (7th) calendar day after he Employee signs the this Agreement falls on a Saturday, Sunday Sunday, or legal holiday, he he/she will have until the close of business on the next immediate business day (the “Revocation Period”). Employee agrees that this Agreement shall become fully effective and enforceable on the first calendar day following the expiration of the Revocation Period, provided he he/she does not first timely provide a notice of revocation to the Company (the “Effective Date”). Employee understands that if he he/she does not sign this Agreement and return it to the Company by the end of his his/her Review Period, or if he executes his he/she exercises his/her right to revoke this Agreement, he he/she will not be entitled to receive the Severance Payment Payments and other benefits described below in Section 43, and the terms of the this Agreement shall be deemed null and void.

Appears in 1 contract

Samples: Confidential Separation Agreement and General Release (Wireless Telecom Group Inc)

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Review and Revocation Periods, Effective Date. Employee understands that he has a period of at least twenty-one (21) calendar days from his receipt of this Agreement to consider the terms and conditions of this Agreement, except that if the last day of this period falls on a Saturday, Sunday or holiday observed by the Company, Employee shall have until the close of business on the next immediate business day (the “Review Period”). Employee may accept this Agreement by fully signing, notarizing and returning it to Xxxx X’XxxxxxXxxxxxxx Xxxxxxxxx, Human Resources Director, Wireless Telecom Group, Inc., 00 Xxxxxxxx Xxxx, Xxxxxxxxxx, Xxx Xxxxxx 00000, by no later than 5:00 p.m. on the last day of his Review Period. By signing this Agreement, Employee expressly acknowledges and agrees that (a) he has had up to twenty-one (21) calendar days to carefully read and fully consider the terms of this Agreement and that he understands he can use as much of the Review Period or all of the Review Period before signing the Agreement; (b) to the extent that he signs the Agreement prior to the expiration of the Review Period, he is voluntarily and knowingly waiving the balance of the Review Period; (c) he has been advised in writing to discuss this Agreement with an attorney before signing it and the time afforded him provided him a full and fair opportunity to do so; (d) he has so consulted an attorney or knowingly waived the right to do so before signing this Agreement; (e) he has carefully read this Agreement and fully understands the terms and information stated therein; (f) he is physically and emotionally competent and of sound mind to execute this Agreement; and (g) he is knowingly and voluntarily signing this Agreement of his own free will, act and deed. He warrants that he has made such investigation of the facts pertaining to this Agreement and all matters contained herein as he deems necessary, desirable and appropriate, and agrees that the release provided for herein shall remain in all respects effective and enforceable and not subject to termination or rescission by reason of any later discovery of new, different or additional facts. Employee understands that he has an additional period of seven (7) calendar days after he signs the Agreement to revoke his acceptance of the Agreement, except that if the seventh (7th) calendar day after he signs the Agreement falls on a Saturday, Sunday or legal holiday, he will have until the close of business on the next immediate business day (the “Revocation Period”). Employee agrees that this Agreement shall become fully effective and enforceable the first calendar day following the expiration of the Revocation Period, provided he does not first timely provide a notice of revocation to the Company (the “Effective Date”). Employee understands that if he does not sign this Agreement and return it to the Company by the end of his Review Period, or if he executes his right to revoke this Agreement, he will not be entitled to receive the Severance Payment and other benefits described below in Section 4, and the terms of the Agreement shall be deemed null and void.

Appears in 1 contract

Samples: Separation Agreement and General Release (Wireless Telecom Group Inc)

Review and Revocation Periods, Effective Date. Employee understands acknowledges that he has a period of had at least twenty-one (21) calendar days from his receipt of this Agreement Release to consider the terms and conditions of this Agreement, except that if the last day of this period falls on a Saturday, Sunday or holiday observed by the Company, Employee shall have until the close of business on the next immediate business day Release (the “Review Period”). Employee may accept this Agreement Release by fully signing, notarizing and returning it to Xxxx X’Xxxxxx, Human Resources Director, Wireless Telecom Group, Inc., 00 Xxxxxxxx Xxxx, Xxxxxxxxxx, Xxx Xxxxxx 00000, by no earlier than the Separation Date and no later than 5:00 p.m. on five (5) business days after the last day of his Review PeriodSeparation Date (“Release Return Date”). By signing this AgreementRelease, Employee expressly acknowledges and agrees that (a) he has had up to twenty-one (21) calendar days to carefully read and fully consider the terms of this Agreement Release and that he understands he can use as much of the Review Period or all of the Review Period before signing the AgreementRelease; (b) to the extent that he signs the Agreement prior to the expiration of the Review Period, he is voluntarily and knowingly waiving the balance of the Review Period; (c) he has been advised in writing to discuss this Agreement Release with an attorney before signing it and the time afforded him provided him a full and fair opportunity to do so; (dc) he has so consulted an attorney or knowingly waived the right to do so before signing this AgreementRelease; (ed) he has carefully read this Agreement Release and fully understands the terms and information stated therein; (fe) he is physically and emotionally competent and of sound mind to execute this AgreementRelease; and (gf) he is knowingly and voluntarily signing this Agreement Release of his own free will, act and deed. He warrants that he has made such investigation of the facts pertaining to this Agreement Release and all matters contained herein as he deems necessary, desirable and appropriate, and agrees that the release provided for herein shall remain in all respects effective and enforceable and not subject to termination or rescission by reason of any later discovery of new, different or additional facts. Employee understands that he has an additional period of seven (7) calendar days after he signs the Agreement Release to revoke his acceptance of the AgreementRelease, except that if the seventh (7th) calendar day after he signs the Agreement Release falls on a Saturday, Sunday or legal holiday, he will have until the close of business on the next immediate business day (the “Revocation Period”). Employee agrees that this Agreement Release shall become fully effective and enforceable the first calendar day following the expiration of the Revocation Period, provided he does not first timely provide a notice of revocation to the Company (the “Release Effective Date”). Employee understands that if he does not sign this Agreement Release and return it to the Company by the end of his Review PeriodRelease Return Date, or if he executes his right to revoke this AgreementRelease, he will not be entitled to receive the Severance Payment and other benefits described below in Section 4the Agreement, and the terms of the Agreement shall be deemed null and void.

Appears in 1 contract

Samples: Separation Agreement and General Release (Wireless Telecom Group Inc)

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