Common use of Review and Revocation Clause in Contracts

Review and Revocation. Executive acknowledges and agrees that Executive has been given [21/45] calendar days to consider the terms of this Agreement, although Executive may execute it any time sooner. Executive acknowledges that Executive has seven calendar days following Executive’s execution of this Agreement to revoke Executive’s consent to the Agreement. Any notice of revocation of the Agreement is effective only if received by [●] at [●] in writing within the above-referenced seven days. Executive understands and agrees that if Executive revokes this Agreement within the above-referenced seven days, this Agreement shall be null and void and Executive will not be entitled to any severance payments or benefits under the Employment Agreement. Executive understands and agrees that upon the eighth calendar day following Executive’s execution of this Agreement, this Agreement shall become effective.

Appears in 4 contracts

Samples: Employment Agreement (BTRS Holdings Inc.), Executive Employment Agreement (BTRS Holdings Inc.), Executive Employment Agreement (BTRS Holdings Inc.)

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Review and Revocation. Executive acknowledges and agrees that Executive has been given [21/45] calendar days to consider the terms of this Agreement, although Executive may execute it any time sooner. Executive acknowledges that Executive has seven calendar days following Executive’s execution of this Agreement to revoke Executive’s consent to the Agreement. Any notice of revocation of the Agreement is effective only if received by [●] at [●] in writing within the above-referenced seven days. Executive understands and agrees that if Executive revokes this Agreement within the above-referenced seven days, this Agreement shall be null and void and Executive will not be entitled to any severance payments or benefits under the Employment Agreement. Executive understands and agrees that upon the eighth calendar day following Executive’s execution of this Agreement, this Agreement shall become effective.. Exhibit 10.4

Appears in 1 contract

Samples: Employment Agreement (BTRS Holdings Inc.)

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