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

Review and Revocation Periods, Effective Date. Employee acknowledges that Safeco has given Employee at least twenty-one (21) days during which to consider this Agreement before signing. Negotiations about the terms or language of this Agreement will not re-start the 21-day consideration period. Employee has seven (7) days after signing in which Employee may revoke this Agreement. This Agreement will not become effective or enforceable until such seven-day period has expired (the “Effective Date of the Agreement”). Employee understands that he may revoke this Agreement by delivering a written notice to the attention of Xxxxx Xxxxxxx at Safeco Plaza, T-17, Xxxxxxx, XX 00000, no later than the close of business on the seventh day after Employee signs this Agreement. Employee understands and acknowledges that if Employee revokes this Agreement it will not be effective or enforceable and Employee will not receive the payments or other benefits described herein.

Appears in 3 contracts

Samples: Separation Agreement, Separation and General Release Agreement (Safeco Corp), Separation and General Release Agreement (Safeco Corp)

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Review and Revocation Periods, Effective Date. Employee acknowledges that Safeco has given Employee a period of at least twenty-one (21) days during which to consider this Agreement before signing, but may sign it in less than 21 days at his option. Negotiations about the terms or language of this Agreement will not re-start the 21-day consideration period. Employee has seven (7) days after signing in which Employee may revoke this Agreement. This Agreement will not become effective or enforceable until such seven-day period has expired (the “Effective Date of the Agreement”). Employee understands that he may revoke this Agreement by delivering a written notice to the attention of Xxxxx Xxxxxxx at Safeco Plaza, T-17T-22, Xxxxxxx, XX 00000, no later than the close of business on the seventh day after Employee signs this Agreement. Employee understands and acknowledges that if Employee revokes this Agreement it will not be effective or enforceable and Employee will not receive the payments or other benefits described herein.

Appears in 2 contracts

Samples: Separation and General Release Agreement, Separation and General Release Agreement (Safeco Corp)

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