Common use of Revocation and Effective Date Clause in Contracts

Revocation and Effective Date. The waiver and release set forth in Section 14 of this Agreement includes a waiver and release of any rights or claims Xxxxx may have under the Age Discrimination in Employment Act of 1967 (“ADEA”). Xxxxx acknowledges that this waiver and release is knowing and voluntary. Pursuant to the requirements of the ADEA, Xxxxx acknowledges that he has been advised by this writing, consistent with the Older Workers Benefit Protection Act, that (a) this waiver and release does not apply to any rights or claims that may arise under the ADEA after execution of this Agreement; (b) he has been advised to consult with an attorney or other advisor of his choosing prior to executing this Agreement; (c) he has at least twenty-one (21) days to consider this Agreement (although he may, by his own choice, execute this Agreement earlier); (d) he has seven (7) days following executing of this Agreement to revoke it by written notice to Xxxx Xxxxxx, HouseValues, Inc., 00 Xxxx Xxxxxxxx Xxxxx, Xxxxx 000, Xxxxxxxx, Xxxxxxxxxx 00000; and (e) this Agreement shall not be effective and enforceable until the date upon which this revocation period has expired.

Appears in 3 contracts

Samples: Transition and Consulting Agreement, Transition and Consulting Agreement (HouseValues, Inc.), Transition and Consulting Agreement (HouseValues, Inc.)

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Revocation and Effective Date. The waiver and release set forth in Section 14 of this Agreement Waiver includes a waiver and release of any rights or claims Xxxxx may have under the Age Discrimination in Employment Act of 1967 (“ADEA”). Xxxxx acknowledges that this waiver and release is knowing and voluntary. Pursuant to the requirements of the ADEA, Xxxxx acknowledges that he has been advised by this writing, consistent with the Older Workers Benefit Protection Act, that (a) this waiver and release does not apply to any rights or claims that may arise under the ADEA after execution of this AgreementWaiver; (b) he has been advised to consult with an attorney or other advisor of his choosing prior to executing this AgreementWaiver; (c) he has at least twenty-one (21) days to consider this Agreement Waiver (although he may, by his own choice, execute this Agreement Waiver earlier); (d) he has seven (7) days following executing of this Agreement Waiver to revoke it by written notice to Xxxx Xxxxxx, HouseValues, Inc., 00 Xxxx Xxxxxxxx Xxxxx, Xxxxx 000, Xxxxxxxx, Xxxxxxxxxx 00000; and (e) this Agreement Waiver shall not be effective and enforceable until the date upon which this revocation period has expired.

Appears in 3 contracts

Samples: Transition and Consulting Agreement, Transition and Consulting Agreement (HouseValues, Inc.), Transition and Consulting Agreement (HouseValues, Inc.)

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