Revocation Following Termination Date Sample Clauses

Revocation Following Termination Date. Employee further understands that within seven (7) days after re-executing this Agreement & Release following the Termination Date, Employee has a right to revoke only the portion of the Agreement & Release covering the waiver of ADEA claims in Sections 5(b) and 7(b) hereof arising after the Effective Date but before the Termination Date. Employee acknowledges that seventy five percent (75%) of the consideration paid under Section 2(d) hereof is to induce him to release any claims he may have under the Age Discrimination in Employment Act (ADEA). If Employee properly revokes his waiver of ADEA claims in accordance with this Section 5(f)(2), the portion of each such payment being paid for his ADEA waiver under Section 2(d)(ii) hereof (as specified in this Section 5(f)(2)) shall not be paid, in which case he will not receive the amounts or benefits that are being paid to for his release of ADEA claims and his agreement to release ADEA claims will never go into effect. Employee acknowledges that his waiver of ADEA claims under those sections constitutes an entirely separate agreement from the balance of this Agreement & Release (including those sections to the extent they waive non-ADEA claims).
Sample 1
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Related to Revocation Following Termination Date

  • Compensation Following Termination In the event that Executive’s employment hereunder is terminated, Executive shall be entitled only to the following compensation and benefits upon such termination:

  • Payments Following Termination (a) If the Employment is terminated for any reason, either by the Company or by the Executive’s resignation, then the Company shall pay the Executive the following amounts as part of the Company’s next regular payroll cycle but in no event later than thirty (30) days after the Termination Date, to the extent that the same have not already been paid;

  • Right to Terminate Following Termination Event Sections 6(b)(ii)-(iv) are deleted in their entirety and replaced by the following:

  • Termination; Survival Following Termination (i) Either party may terminate this Agreement prior to the end of the Agency Period, by giving written notice as required by this Agreement, upon ten (10) Trading Days’ notice to the other party; provided that, (A) if the Company terminates this Agreement after the Agent confirms to the Company any sale of Shares, the Company shall remain obligated to comply with Section 3(b)(v) with respect to such Shares and (B) Section 2, Section 6, Section 7 and Section 8 shall survive termination of this Agreement. If termination shall occur prior to the Settlement Date for any sale of Shares, such sale shall nevertheless settle in accordance with the terms of this Agreement.

  • Termination Following a Change of Control If the Employee's employment terminates at any time within eighteen (18) months following a Change of Control, then, subject to Section 5, the Employee shall be entitled to receive the following severance benefits:

  • Termination Following Disability In the event, Executive becomes mentally or physically impaired or disabled and is unable to perform his material duties and responsibilities hereunder for a period of at least ninety (90) days in the aggregate during any one hundred twenty (120) consecutive day period, the Company may terminate this Agreement by delivering a written termination notice to Executive. Notwithstanding the foregoing, Executive shall continue to receive his full salary and benefits under this Agreement for a period of twelve (12) months after the effective date of such termination.

  • Employment Status Termination Following Change in Control (a) No benefits shall be payable under this Agreement unless there has been a Change in Control of the Company during the Term. You acknowledge that this Agreement does not constitute a contract of employment or impose on the Company any obligation to retain you as an employee. You may terminate your employment at any time, with or without Good Reason. If your employment with the Company terminates for any reason and subsequently a Change in Control shall have occurred, you shall not be entitled to any benefits hereunder.

  • Termination Following a Change in Control (a) In the event of the occurrence of a Change in Control, the Executive's employment may be terminated by the Company or a Subsidiary during the Severance Period and the Executive shall be entitled to the benefits provided by Section 4 unless such termination is the result of the occurrence of one or more of the following events:

  • Compensation Following Termination of Employment In the event that Executive's employment hereunder is terminated, Executive shall be entitled to the following compensation and benefits upon such termination:

  • Survival of Terms Following Termination Upon termination of this Agreement, the following provisions of this Agreement shall survive:

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