Common use of Revocation Right Clause in Contracts

Revocation Right. Notwithstanding the initial effectiveness of this Agreement, Executive may revoke the delivery (and therefore the effectiveness) of this Agreement within the seven-day period beginning on the date Executive executes this Agreement (such seven-day period being referred to herein as the “Release Revocation Period”). To be effective, such revocation must be in writing signed Executive and must be received by [NAME] [ADDRESS] [E-MAIL] before 11:59 p.m., Houston, Texas time, on the last day of the Release Revocation Period. If an effective revocation is delivered in the foregoing manner and timeframe, the Severance Benefits shall not be provided to Executive and this Agreement shall be null and void; provided, however, that the provisions of Sections 2, 4, 9 and 10 shall remain in full force and effect and shall not be affected by any such revocation.

Revocation Right. Notwithstanding the initial effectiveness of this Agreement, Executive may revoke the delivery (and therefore the effectiveness) of this Agreement within the seven-seven day period beginning on the date Executive executes signs this Agreement (such seven-seven day period being referred to herein as the “Release Revocation Period”). To be effective, such revocation must be in writing signed by Executive and must be received by [NAME] [ADDRESS] [E-MAIL] delivered to the Chief Executive Officer of the Company before 11:59 p.m., Houston, Texas time, on the last day of the Release Revocation Period. This Agreement is not effective, and no consideration shall be paid to Executive, until the expiration of the Release Revocation Period without Executive’s revocation. If an effective revocation is delivered in the foregoing manner and timeframe, the Severance Benefits shall not be provided to Executive and this Agreement shall be null and void; provided, however, that the provisions of Sections 2, 4, 9 and 10 shall remain in full no force and or effect and shall not be affected by any such revocationnull and void ab initio. Executed on this day of , .

Revocation Right. Notwithstanding the initial effectiveness of this Agreement, Executive Employee may revoke the delivery (and therefore the effectiveness) of this Agreement within the seven-day period beginning on the date Executive Employee executes this Agreement (such seven-seven day period being referred to herein as the “Release Revocation Period”). To be effective, such revocation must be in writing signed Executive Employee and must be received by [NAME] [ADDRESS] [E-MAIL] before 11:59 p.m., Houston, Texas time, on the last day of the Release Revocation Period. If an effective revocation is delivered in the foregoing manner and timeframe, the no Severance Benefits Consideration EXHIBIT A shall not be provided to Executive and this Agreement shall be null and void; provided, however, that the provisions of Sections 2, 4, 9 and 10 shall remain in full force and effect and shall not be affected by any such revocation.

Revocation Right. Notwithstanding the initial effectiveness of this Agreement, Executive Employee may revoke the delivery (and therefore the effectiveness) of this Agreement within the seven-day period beginning on the date Executive Employee executes this Agreement (such seven-seven day period being referred to herein as the “Release Revocation Period”). To be effective, such revocation must be in writing signed Executive by Employee and must be received by [NAME] [ADDRESS] [E-MAIL] before 11:59 p.m., Houston, Texas time, on the last day of the Release Revocation Period. If an effective revocation is delivered in the foregoing manner and timeframe, the no Severance Benefits Consideration EXHIBIT A shall not be provided to Executive and this Agreement shall be null and void; provided, however, that the provisions of Sections 2, 4, 9 and 10 shall remain in full force and effect and shall not be affected by any such revocation.