Common use of Revocation Right Clause in Contracts

Revocation Right. Notwithstanding the initial effectiveness of this Confirming Release, Employee may revoke the delivery (and therefore the effectiveness) of this Confirming Release within the seven-day period beginning on the date Employee executes this Confirming Release (such seven day period being referred to herein as the “Confirming Release Revocation Period”). To be effective, such revocation must be in writing signed by Employee and must be received by the Company, care of Grae Xxxxxxx at 00000 Xxxxxxxxxxx Xxxx, Xxxxx 000, Xxxxxxx, XX 00000 (e-mail: xxxxxxxx@xxxxxxxxxxx.xxx) so that it is received by Xx. Xxxxxxx no later than 11:59 p.m. Houston, Texas time, on the last day of the Confirming Release Revocation Period. In the event Employee exercises his revocation right as set forth herein, this Confirming Release will be of no force or effect, and Employee will not be entitled to receive the consideration set forth in Sections 2 or 3 of the Resignation Agreement.

Revocation Right. Notwithstanding the initial effectiveness of this Confirming ReleaseAgreement, Employee may revoke the delivery (and therefore the effectiveness) of this Confirming Release Agreement within the seven-day period beginning on the date Employee executes this Confirming Release Agreement (such seven day period being referred to herein as the “Confirming Release Revocation Period”). To be effective, such revocation must be in writing signed by Employee and must be received by the Company, care of Grae Xxxxxxx at 00000 Xxxxxxxxxxx XxxxXxxxxx X. Xxxxxx, 000 Xxxxx 000Xxx., Xxx. 0000, Xxxxxxx, XX Xxxxx, 00000 (e-mail: xxxxxxxx@xxxxxxxxxxx.xxx) XXxxxxx@xxxxxxxx.xxx), so that it is received by Xx. Xxxxxxx no later than Xxxxxx before 11:59 p.m. Houston, Texas time, on the last day of the Confirming Release Revocation Period. In If an effective revocation is delivered in the event foregoing manner and timeframe, then no consideration shall be provided to Employee exercises his revocation right as pursuant to Section 2 and 3(b) and the release of claims set forth herein, this Confirming Release will in Section 5 shall be of no force or effect and the remainder of this Agreement shall be in full force and effect, and Employee will not be entitled to receive the consideration set forth in Sections 2 or 3 of the Resignation Agreement.

Revocation Right. Notwithstanding the initial effectiveness of this Confirming Release, Employee Xxxxxx may revoke the delivery (and therefore the effectiveness) of this Confirming Release within the seven-day period beginning on the date Employee Xxxxxx executes this Confirming Release (such seven day period being referred to herein as the “Confirming Release Revocation Period”). To be effective, such revocation must be in writing signed by Employee Xxxxxx and must be received by the Company, care of Grae Xxxxxxx at 00000 Xxxxxxxxxxx Xxxxxx W. “Xxxx” Xxxxxx III, Xxxxx 000ProPetro Holding Corp., 0000 X. Xxxxxxx, XX 00000 Bldg. B, Midland, Texas 79701 (e-mail: xxxxxxxx@xxxxxxxxxxx.xxxxxxx.xxxxxx@xxxxxxxxxxxxxxxx.xxx) so that it is received by Xx. Xxxxxxx no later than before 11:59 p.m. Houstonp.m., Texas central time, on the last day of the Confirming Release Revocation Period. In If an effective revocation is delivered in the event Employee exercises his revocation right as foregoing manner and timeframe, the release of claims set forth herein, this Confirming Release in Section 1 above will be of no force or effect, and Employee Xxxxxx will not be entitled to receive the consideration set forth in Sections Section 2 or 3 of the Resignation Separation Agreement, and the remainder of the Separation Agreement will be in full force and effect.

Revocation Right. Notwithstanding the initial effectiveness of this Confirming Release, Employee may revoke the delivery (and therefore the effectiveness) of this Confirming Release within the seven-day period beginning on the date Employee executes this Confirming Release (such seven day period being referred to herein as the “Confirming Release Revocation Period”). To be effective, such revocation must be in writing signed by Employee and must be received by the Company, care of Grae Xxxxxxx Xxxxxx at 00000 Xxxxxxxxxxx Xxxx, Xxxxx 000, Xxxxxxx, XX 00000 (e-mail: xxxxxxxx@xxxxxxxxxxx.xxxxxxxxxx@xxxxxxxxxxx.xxx) so that it is received by XxXxx. Xxxxxxx Xxxxxx no later than 11:59 p.m. Houston, Texas time, on the last day of the Confirming Release Revocation Period. In the event Employee exercises his revocation right as set forth herein, this Confirming Release will be of no force or effect, and Employee will not be entitled to receive the consideration set forth in Sections 2 or 3 of the Resignation Agreement.

Revocation Right. Notwithstanding the initial effectiveness of this Confirming Release, Employee may revoke the delivery (and therefore the effectiveness) of this Confirming Release within the seven-day period beginning on the date Employee executes this Confirming Release (such seven day period being referred to herein as the “Confirming Release Revocation Period”). To be effective, such revocation must be in writing signed by Employee and must be received by the Company, care of Grae Xxxxxxx Axxx Xxx, Senior Vice President, General Counsel & Corporate Secretary at 00000 Xxxxxxxxxxx 500 Xxxx Xxx Xxxx., Xxxxx 000, Xxxxxxx, XX 00000 (or via e-mail: xxxxxxxx@xxxxxxxxxxx.xxxmail at AXxx@xxxxxxxxxxxxxxxxxxxx.xxx) so that it is received by Xx. Xxxxxxx Mr. Law no later than 11:59 p.m. Houston, Texas time, on the last day of the Confirming Release Revocation Period. In the event Employee exercises his revocation right as set forth herein, this Confirming Release will be of no force or effect, and Employee will not be entitled to receive the consideration set forth in Sections Section 2 or 3 of the Resignation Separation Agreement.

Revocation Right. Notwithstanding the initial effectiveness of this Confirming ReleaseAgreement, Employee may revoke the delivery (and therefore the effectiveness) of this Confirming Release Agreement within the seven-day period beginning on the date Employee executes this Confirming Release Agreement (such seven day period being referred to herein as the “Confirming Release Revocation Period”). To be effective, such revocation must be in writing signed by Employee and must be received by the Company, care of Grae Xxxxxxx at 00000 Xxxxxxxxxxx Xxxxxx X. Xxxx, Vice President - Human Resources, 0000 Xxxxx 000X-00, XxxxxxxX.X. Xxx 0000 Xxxxxxxxxxx, XX Xxxxx 00000 (e-mail: xxxxxxxx@xxxxxxxxxxx.xxxXXxxx@xxxxxxxxxxxxxxxxxxxx.xxx) so that it is received by Xx. Xxxxxxx no later than Xxxx before 11:59 p.m. HoustonGainesville, Texas time, on the last day of the Confirming Release Revocation Period. In If an effective revocation is delivered in the event foregoing manner and timeframe, then no consideration shall be provided to Employee exercises his revocation right as pursuant to Section 2 and the release of claims set forth herein, this Confirming Release will in Section 4 shall be of no force or effect and the remainder of this Agreement shall be in full force and effect, and Employee will not be entitled to receive the consideration set forth in Sections 2 or 3 of the Resignation Agreement.

Revocation Right. Notwithstanding the initial effectiveness of this Confirming Release, Employee may revoke the delivery (and therefore the effectiveness) of this Confirming Release within the seven-day period beginning on the date Employee executes this Confirming Release (such seven day period being referred to herein as the “Confirming Release Revocation Period”). To be effective, such revocation must be in writing signed by Employee and must be received by the Company, care of Grae Xxxxxxx Xxxxxx at 00000 Xxxxxxxxxxx Xxxx, Xxxxx 000, Xxxxxxx, XX 00000 (e-mail: xxxxxxxx@xxxxxxxxxxx.xxxxxxxxxx@xxxxxxxxxxx.xxx) so that it is received by Xx. Xxxxxxx Xxxxxx no later than 11:59 p.m. Houston, Texas time, on the last day of the Confirming Release Revocation Period. In the event Employee exercises his revocation right as set forth herein, this Confirming Release will be of no force or effect, and Employee will not be entitled to receive the consideration set forth in Sections 2 or 3 of the Resignation Agreement.

Revocation Right. Notwithstanding the initial effectiveness of this Confirming Release, Employee Holderness may revoke the delivery (and therefore the effectiveness) of this Confirming Release within the seven-day period beginning on the date Employee Holderness executes this Confirming Release (such seven day period being referred to herein as the “Confirming Release Revocation Period”). To be effective, such revocation must be in writing signed by Employee Holderness and must be received by the Company, care of Grae Xxxxxxx at 00000 Xxxxxxxxxxx XxxxTxxx Xxxxxx, Xxxxx 000ProPetro Holding Corp., 1000 X. Xxxxxxx, XX 00000 Bldg. B, Midland, Texas 79701 (e-mail: xxxxxxxx@xxxxxxxxxxx.xxxtxxx.xxxxxx@xxxxxxxxxxxxxxxx.xxx) so that it is received by Xx. Xxxxxxx no later than before 11:59 p.m. Houstonp.m., Texas central time, on the last day of the Confirming Release Revocation Period. In If an effective revocation is delivered in the event Employee exercises his revocation right as foregoing manner and timeframe, the release of claims set forth herein, in Section 1 of this Confirming Release above will be of no force or effect, and Employee Holderness will not be entitled to receive the consideration set forth in Sections Section 2 or 3 of the Resignation Separation Agreement, and the remainder of this Confirming Release will be in full force and effect.

Revocation Right. Notwithstanding the initial effectiveness of this Confirming ReleaseAgreement, Employee Wxxxxx may revoke the delivery (and therefore the effectiveness) of this Confirming Release Agreement within the seven-day period beginning on the date Employee Wxxxxx executes this Confirming Release Agreement (such seven day period being referred to herein as the “Confirming Release Revocation Period”). To be effective, such revocation must be in writing signed by Employee Wxxxxx and must be received by the Company, care of Grae Xxxxxxx at 00000 Xxxxxxxxxxx XxxxJxxx X. Xxxxxxxx, Xxxxx 000ProPetro Holding Corp., 1000 X. Xxxxxxx, XX 00000 Bldg. B, Midland, Texas 79701 (e-mail: xxxxxxxx@xxxxxxxxxxx.xxx) so that it is received by Xx. Xxxxxxx no later than jxxx.xxxxxxxx@xxxxxxxxxxxxxxxx.xxx), before 11:59 p.m. Houstonp.m., Texas central time, on the last day of the Confirming Release Revocation Period. In If an effective revocation is delivered in the event Employee exercises his revocation right as foregoing manner and timeframe, the release of claims set forth herein, this Confirming Release in Section 3 above will be of no force or effect, and Employee Wxxxxx will not be entitled to receive the consideration set forth in Sections Section 2 or 3 above, and the remainder of the Resignation Agreementthis Agreement will be in full force and effect.