Common use of Revocation Period Clause in Contracts

Revocation Period. Executive understands and acknowledges that he has seven (7) calendar days following the execution of this Release to revoke his acceptance of this Release. This Release will not become effective or enforceable, until after the seven (7) day period to revoke this Release has expired without Executive’s revocation.

Appears in 5 contracts

Samples: Agreement and Plan of Merger (Cano Petroleum, Inc), Separation Agreement and Release (Resaca Exploitation, Inc.), Separation Agreement and Release (Resaca Exploitation, Inc.)

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Revocation Period. Executive understands and acknowledges that he has seven (7) calendar days following the execution of this Release to revoke his acceptance of this Release. This Release will not become effective or enforceable, and the payments and benefits described under Agreement Section 8 will not become payable, until after the seven (7) day this revocation period to revoke this Release has expired without Executivehis revocation. If Executive does not revoke the Release within the revocation period, the Company will commence the payments and benefits described under Agreement Section 8 within ten (10) days after the revocation period’s revocationexpiration date.

Appears in 3 contracts

Samples: Retirement Transition and Award Agreement (Texas Capital Bancshares Inc/Tx), Executive Employment Agreement (Texas Capital Bancshares Inc/Tx), Executive Employment Agreement (Texas Capital Bancshares Inc/Tx)

Revocation Period. Executive understands and acknowledges that he has seven (7) calendar days following the execution of this Release to revoke his acceptance of this Release. This Release will not become effective or enforceable, and the payments and benefits described under Section 10 will not become payable, until after the seven (7) day this revocation period to revoke this Release has expired without Executivehis revocation. If Executive does not revoke the Release within the revocation period, the Company will commence the payments and benefits described under Section 10 or Section 11 of the Agreement within ten (10) days after the revocation period’s revocationexpiration date.

Appears in 2 contracts

Samples: Executive Employment Agreement (Snap Interactive, Inc), Executive Employment Agreement (Snap Interactive, Inc)

Revocation Period. Executive understands and acknowledges that he she has seven (7) calendar days following the execution of this Release to revoke his Executive’s acceptance of this Release. This Release will not become effective or enforceable, and the payments and benefits described under Section 10 or Section 11 will not become payable, until after the seven (7) day this revocation period to revoke this Release has expired without Executive’s revocation. If Executive does not revoke the Release within the revocation period, the Company will commence the payments and benefits described under Section 10 or Section 11 of the Agreement within ten (10) days after the revocation period’s expiration date.

Appears in 2 contracts

Samples: Executive Employment Agreement (Paltalk, Inc.), Executive Employment Agreement (PeerStream, Inc.)

Revocation Period. Executive understands and acknowledges that he has seven (7) calendar days following the execution of this Release to revoke his acceptance of this Release. This This. Release will not become effective or enforceable, and the payments and benefits described under Section 10 will not become payable, until after the seven (7) day this revocation period to revoke this Release has expired without Executive’s his revocation. If Executive does not revoke the Release within the revocation period, the Company will commence the payments and benefits described under Section 10 or Section 11 of the Agreement within ten (10) days after the revocation period's expiration date.

Appears in 1 contract

Samples: Executive Employment Agreement (Snap Interactive, Inc)

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Revocation Period. Executive understands and acknowledges that he she has seven (7) calendar days following the execution of this Release to revoke his her acceptance of this Release. This Release will not become effective or enforceable, and the payments and benefits described under Section 8 will not become payable, until after the seven (7) day this revocation period to revoke this Release has expired without Executiveher revocation. If Executive does not revoke the Release within the revocation period, the Company will commence the payments and benefits described under Section 8 within ten (10) days after the revocation period’s revocationexpiration date.

Appears in 1 contract

Samples: Executive Employment Agreement (Texas Capital Bancshares Inc/Tx)

Revocation Period. Executive understands and acknowledges that he has seven (7) calendar days following the execution of this Release to revoke his acceptance of this Release. This Release will not become effective or enforceable, and the payments and benefits described under Section 9 will not become payable, until after the seven (7) day this revocation period to revoke this Release has expired without Executivehis revocation. If Executive does not revoke the Release within the revocation period, the Company will commence the payments and benefits described under Section 9 within ten (10) days after the revocation period’s revocationexpiration date.

Appears in 1 contract

Samples: Executive Employment Agreement (Snap Interactive, Inc)

Revocation Period. Executive understands and acknowledges that he Executive has seven (7) 7 calendar days following the execution of this Release Agreement to revoke his Executive’s acceptance of the Release Agreement. If Executive decides to revoke her acceptance of this ReleaseRelease Agreement during the 7-day revocation period, Executive must do so in writing and deliver his revocation to Xxxxxxxx Xxxxxx, 0000 Xxxxx XxxXxxxxx Xxxx., Xxxxx 000, Xxxxxx, XX 00000. This Release Agreement will not become effective or enforceable, and Executive will not be eligible for the Severance Benefits, until after the seven (7) 8th day period to revoke following Executive’s execution of this Release Agreement and the revocation period has expired without Executive’s revocation(“Effective Date”).

Appears in 1 contract

Samples: Separation and Release Agreement (COMMERCIAL METALS Co)

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