Common use of Revocation/Effective Date Clause in Contracts

Revocation/Effective Date. This Separation Agreement shall not become effective or enforceable until the eighth day after Executive signs this Separation Agreement. In other words, Executive may revoke Executive’s acceptance of this Separation Agreement within seven (7) days after the date Executive signs it. Executive’s revocation must be in writing and received by the Company on or before the seventh day in order to be effective. If Executive does not revoke acceptance within the seven (7) day period, Executive’s acceptance of this Separation Agreement shall become binding and enforceable on the eighth day (“Effective Date”). The Severance Package will become due and payable after the Effective Date, provided Executive does not revoke.

Appears in 4 contracts

Samples: Executive Employment Agreement (Constellation Alpha Capital Corp.), Executive Employment Agreement (Neothetics, Inc.), Executive Employment Agreement (Neothetics, Inc.)

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Revocation/Effective Date. This Separation Agreement shall not become effective or enforceable until the eighth day after Executive signs this Separation Agreement. In other words, Executive may revoke Executive’s acceptance of this Separation Agreement within seven (7) days after the date Executive signs it. Executive’s revocation must be in writing and received by the Company Xxxxxxxxxxx X. Xxxxx, Senior Vice President and General Counsel, on or before the seventh day in order to be effective. If Executive does not revoke acceptance within the seven (7) day period, Executive’s acceptance of this Separation Agreement shall become binding and enforceable on the eighth day (the “Effective Date”). The Severance Package will become due and payable after the Effective Date, provided Executive does not revoke.

Appears in 1 contract

Samples: Separation Agreement (Mobile Mini Inc)

Revocation/Effective Date. This Separation Agreement shall not become effective or enforceable until the eighth day after Executive signs this Separation Agreement. In other words, Executive may revoke Executive’s acceptance of this Separation Agreement within seven (7) days after the date Executive signs it. Executive’s revocation must be in writing and received by the Company DTS, Inc. on or before the seventh day in order to be effective. If Executive does not revoke acceptance within the seven (7) day period, Executive’s acceptance of this Separation Agreement shall become binding and enforceable on the eighth day (“Effective Date”). The Severance Package will become due and payable after the Effective Date, provided Executive does not revoke.

Appears in 1 contract

Samples: Executive Employment Agreement (Dts, Inc.)

Revocation/Effective Date. This Separation Agreement shall be executed by Executive no later than November 28, 2018, or otherwise is null and void. To the extent timely executed by Executive, this Separation Agreement shall not become effective or enforceable until the eighth (8th) day after Executive signs this Separation Agreement. In other words, Executive may revoke Executive’s acceptance of this Separation Agreement within seven (7) days after the date Executive signs it. Executive’s revocation must be in writing and received by the Company Xxxxxx X. Xxxx, Chief Financial Officer, on or before the seventh day in order to be effective. If Executive does not revoke acceptance within the seven (7) day period, Executive’s acceptance of this Separation Agreement shall become binding and enforceable on the eighth day (“Effective Date”). The Severance Package will become due and payable in accordance with paragraph 1 above after the Effective Date, provided Executive does not revoke.

Appears in 1 contract

Samples: Separation Agreement (Amtech Systems Inc)

Revocation/Effective Date. This Separation Agreement shall not become effective or enforceable until the eighth (8th) day after Executive signs this Separation Agreement. In other words, Executive may revoke Executive’s acceptance of this Separation Agreement within seven (7) days after the date Executive signs it. Executive’s revocation must be in writing and received by the Company on or Company, before the seventh (7th) day in order to be effective. If Executive does not revoke acceptance within the seven (7) day 7)-day period, Executive’s acceptance of this Separation Agreement shall become binding and enforceable on the eighth day (“Effective Date”). The Severance Package will become due and payable in accordance with paragraph 1 above after the Effective Date, provided Executive does not revoke.

Appears in 1 contract

Samples: Separation Agreement (Nuvasive Inc)

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Revocation/Effective Date. This Separation Agreement shall not become effective or enforceable until the eighth day after Executive signs this Separation Agreement. In other words, Executive may revoke Executive’s acceptance of this Separation Agreement within seven (7) days after the date Executive signs it. Executive’s revocation must be in writing and received by the Company Mxxx Xxxxxxxxx, General Counsel, OpenTV, 200 Xxxxxxxxxx Xxxxxx, Xxx Xxxxxxxxx, XX 00000-0000, by 5:00 p.m. Pacific Time on or before the seventh day in order to be effective. If Executive does not revoke acceptance within the seven (7) day period, Executive’s acceptance of this Separation Agreement shall become binding and enforceable on the eighth day (“Effective Date”). The Severance Package will shall become due and payable after the Effective Datein accordance with paragraph 1, provided Executive does this Separation Agreement has not revokebeen revoked.

Appears in 1 contract

Samples: Confidential Separation Agreement and General Release (Opentv Corp)

Revocation/Effective Date. This Separation Agreement shall not become effective or enforceable until the eighth day after Executive signs this Separation Agreement. In other words, Executive may revoke Executive’s acceptance of this Separation Agreement within seven (7) days after the date Executive signs it. Executive’s revocation must be in writing and received by the Company ImaRx’s President & CEO by 5:00 p.m. on or before the seventh day in order to be effective. If Executive does not revoke acceptance within the seven (7) day period, Executive’s acceptance of this Separation Agreement shall become binding and enforceable on the eighth day (“Effective Date”). The Severance Package will shall become due and payable after the Effective Datein accordance with paragraph 1, provided Executive does this Separation Agreement has not revokebeen revoked.

Appears in 1 contract

Samples: Confidential Separation Agreement and Mutual General (Imarx Therapeutics Inc)

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