Common use of Revocation; Effectiveness Clause in Contracts

Revocation; Effectiveness. Employee acknowledges that he has been informed that he has the right to consider this Agreement for a period of at least twenty one (21) days prior to entering into this Agreement and that if he decides to execute this Agreement before the twenty-one (21) day period has expired, he does so voluntarily and waives the opportunity to use the full review period. He further acknowledges that he has the right to revoke this Agreement within seven (7) days of its execution by giving written notice of such revocation pursuant to the notice provisions of the Severance Agreement within said seven (7) day period to BGH and BPLSC, and that if he does exercise this right, this Agreement shall be null and void.

Appears in 3 contracts

Samples: Severance Agreement (Buckeye GP Holdings L.P.), Severance Agreement (Buckeye Partners L P), Severance Agreement (Buckeye GP Holdings L.P.)

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Revocation; Effectiveness. Employee acknowledges that he has been informed that he has the right to consider this Agreement for a period of at least twenty one (21) days prior to entering into this Agreement and that if he decides to execute this Agreement before the twenty-one (21) day period has expired, he does so voluntarily and waives the opportunity to use the full review period. He further acknowledges that he has the right to revoke this Agreement within seven (7) days of its execution by giving written notice of such revocation pursuant to the notice provisions of the Severance Agreement within said seven (7) day period to BGH BPL and BPLSC, and that if he does exercise this right, this Agreement shall be null and void.

Appears in 1 contract

Samples: Severance Agreement (Buckeye Partners L P)

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