Review Period and Revocation Sample Clauses
The "Review Period and Revocation" clause establishes a specific timeframe during which a party can review an agreement and, if desired, revoke their acceptance. Typically, this clause outlines how long the review period lasts—such as seven days—and the process for notifying the other party if revocation is chosen, often requiring written notice within the designated period. Its core function is to provide parties with a safeguard, ensuring they have adequate time to reconsider their commitment and withdraw without penalty if they change their mind, thereby promoting fairness and informed consent in contractual relationships.
Review Period and Revocation. Executive acknowledges that Executive was given a period of at least 21 calendar days to review this February 28, 2014 Release (“Review Period”) from the date Executive received it. Executive agrees that to the extent there are changes made to the terms of this February 28, 2014 Release, whether they are material or immaterial, the 21-day period for review of this February 28, 2014 Release is not recommenced. Executive cannot sign this February 28, 2014 Release prior to Executive’s Termination Date. To accept this February 28, 2014 Release, Executive must sign both originals and return them to the Chief Human Resources Officer on or no later than three business days following the Termination Date. Executive acknowledges that the Company, Western Union and the Released Parties have made no promises to Executive other than those contained in this February 28, 2014 Release. EXECUTIVE ACKNOWLEDGES THAT EXECUTIVE WAS ADVISED IN WRITING BY THIS FEBRUARY 28, 2014 RELEASE TO REVIEW THIS FEBRUARY 28, 2014 RELEASE WITH AN ATTORNEY BEFORE SIGNING THIS FEBRUARY 28, 2014 RELEASE. Executive is further advised that Executive has seven days after Executive signs this February 28, 2014 Release to revoke it by notifying the Company of such revocation in writing. In the event Executive revokes this February 28, 2014 Release as specified in the immediately preceding sentence, the Company and Western Union shall deem this February 28, 2014 Release to be void in its entirety, in which case none of the parties shall be bound by its terms and no payment shall be made to the Executive hereunder. If Executive properly revokes this February 28, 2014 Release, Executive shall nevertheless remain subject to any other agreement that Executive signed while employed with the Company, Western Union, and/or their subsidiaries or Affiliates as referenced in the paragraph titled “Other Agreements, Survivability and Successorship” and Exhibit A hereto shall be declared null and void. Executive’s signature below indicates that Executive has carefully read, reviewed, and fully understands this February 28, 2014 Release. Executive acknowledges that Executive’s signature below constitutes a knowing and voluntary execution of this February 28, 2014 Release and Executive signs the same of Executive’s own free will and it is Executive’s intention to be bound thereby. Dated this day of , 2014. ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇ Western Union, LLC By: Title: Dated this day of , 2014. The Western Union Company By: Titl...
Review Period and Revocation. Executive acknowledges that he was given 21 days to review this Agreement and the attached Exhibit from the time he received them. Executive acknowledges that the Company has made no promises to him other than those contained in this Agreement. COMPANY HEREBY ADVISES EXECUTIVE TO CONSULT WITH AN ATTORNEY BEFORE SIGNING THIS AGREEMENT. Executive is further advised that he has 7 days after he signs this Agreement to revoke it by notifying the Company of such revocation in writing. In the event Executive revokes this Agreement as specified in this paragraph, the Company will deem this Agreement to be void in its entirety, in which case neither party will be bound by its terms, and no payment will be made or benefit provided to him or retained by him under this Agreement. Executive’s signature below indicates that he has carefully read, reviewed, and fully understands this Agreement. Executive acknowledges that his signature below constitutes a knowing and voluntary execution of this Agreement and Executive signs the Agreement of his own free will and it is his intention to be bound by its terms. Dated this day of , 2014. First Data Corporation By: Its: First Data Holdings, Inc. By: Its: Executive ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ III , 2014 ▇▇. ▇▇▇▇▇ ▇. Money Executive Vice President, General Counsel & Secretary First Data Corporation ▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Dear ▇▇▇▇▇: I hereby submit my resignation as a director, officer or any other elected/appointed position of First Data Holdings Inc. and First Data Corporation and all of their direct and indirect subsidiaries effective , 2014. I understand that by signing this letter it does not impact my employment with these entities. Sincerely, ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ III For purposes of this Exhibit 2, “Company” refers to First Data Corporation or its Affiliates (as defined in the Agreement) for which Executive worked (for purposes of this Exhibit 2 individually and collectively referred to as the “Company”). Executive agrees that the Company is engaged in a highly competitive business and has expended, and continues to expend, significant money, skill, and time to develop and maintain valuable customer relationships, trade secrets, and confidential and proprietary information. Executive agrees that Executive’s work for the Company has brought Executive into close contact with many of the Company’s customers, Trade Secrets, Confidential Information, and Third Party Information (as defined below) and the Company has provide...
Review Period and Revocation. Associate represents and acknowledges that Associate has been given a period of twenty-one (21) days to consider this Separation Agreement and that Associate has read this Separation Agreement, understands the terms of the Separation Agreement and has been given an opportunity to ask questions about it. Associate has been advised to consult with an attorney prior to signing this Separation Agreement; whether Associate chooses to do so is his decision. Associate further represents that in signing this Separation Agreement Associate does not rely, and has not relied, on any representation or statement not set forth in this Separation Agreement made by any representative of Employer or any other Releasee with regard to the subject matter, basis or effect of this Separation Agreement or otherwise. This Separation Agreement is knowingly and voluntarily entered into by all parties hereto. For a period of seven (7) days after the date Associate signs this Separation Agreement, Associate has the right to revoke this Separation Agreement by delivering a written notice of revocation to ▇▇▇▇▇ ▇▇▇▇▇▇, Vice President of Human Resources, at ▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ by close of business (5:00 p.m. EST) on the seventh day after Associate signs this Separation Agreement. This Separation Agreement shall not be effective or enforceable and Associate shall not be entitled to receive any of the Separation Benefits until the eighth (8th) day after the date Associate signs this Separation Agreement and Associate has not revoked this Separation Agreement during such seven (7) day revocation period and provided that Associate has signed this Separation Agreement on or after the Separation Date and no more than twenty-one (21) days after Associate receives a copy of this Separation Agreement (the "Effective Date").
Review Period and Revocation. Executive acknowledges that he was given 21 days to review this Agreement and the attached Exhibits B and C from the time he received them. Executive acknowledges that the Company has made no promises to him other than those contained in this Agreement. COMPANY HEREBY ADVISES EXECUTIVE TO CONSULT WITH AN ATTORNEY BEFORE SIGNING THIS AGREEMENT. Executive is further advised that he has 7 days after he signs this Agreement to revoke it by notifying the Company of such revocation in writing. In the event Executive revokes this Agreement as specified in this paragraph, the Company will deem this Agreement to be void in its entirety, in which case neither party will be bound by its terms, and no payment will be made or benefit provided to him or retained by him under this Agreement. Executive’s signature below indicates that he has carefully read, reviewed, and fully understands this Agreement. Executive acknowledges that his signature below constitutes a knowing and voluntary execution of this Agreement and Executive signs the Agreement of his own free will and it is his intention to be bound by its terms. Dated this day of January, 2013. First Data Corporation By: Its: First Data Holdings, Inc. By: Its: Executive ▇▇▇▇▇▇▇▇ ▇. Judge
Review Period and Revocation. Executive acknowledges that Executive was given twenty-one (21) days to review this Agreement from the time Executive received it. Executive acknowledges that the Company has made no promises to Executive other than those contained in this Agreement. EXECUTIVE ACKNOWLEDGES EXECUTIVE WAS ADVISED TO REVIEW THIS AGREEMENT WITH AN ATTORNEY OF EXECUTIVE’S CHOICE. Executive is further advised that Executive has 7 days after Executive signs this Agreement to revoke it by notifying the Company of such revocation in writing. In the event Executive revokes this Agreement as specified in the immediately preceding sentence, the Company shall deem this Agreement to be void in its entirety, in which case neither party shall be bound by its terms and no payment shall be made to the Executive hereunder.