Common use of Revocation Right Clause in Contracts

Revocation Right. After Executive executes this Supplemental Release, Executive shall have a period of seven (7) days from the date immediately following the date of execution of this Agreement in which Executive may revoke this Supplemental Release at Executive’s sole election by notifying Digimarc in writing. Any revocation within this period must state “I do hereby revoke my agreement to the Supplemental Release.” The written revocation must be either personally delivered or postmarked within seven (7) calendar days of Executive’s execution of this Agreement to Cxxxx Xxxxxx, Vice President of Human Resources, Digimarc Corporation, 9000 XX Xxxxxx Xxxxx, Xxxxxxxxx, XX 00000-0000. In the event Executive does not exercise his right to revoke this Supplemental Release, this Supplemental Release shall become effective on the date immediately following the seven-day revocation period described above (the “Effective Date”). BY SIGNING THIS SUPPLEMENTAL RELEASE, I REPRESENT AND AGREE THAT: • I HAVE READ IT CAREFULLY; • I UNDERSTAND ALL OF ITS TERMS AND KNOW THAT I AM GIVING UP IMPORTANT RIGHTS, INCLUDING BUT NOT LIMITED TO, RIGHTS UNDER THE AGE DISCRIMINATION IN EMPLOYMENT ACT OF 1967, AS AMENDED, TITLE VII OF THE CIVIL RIGHTS ACT OF 1964, AS AMENDED; THE EQUAL PAY ACT OF 1963, THE AMERICANS WITH DISABILITIES ACT OF 1990; AND THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED; • I VOLUNTARILY CONSENT TO EVERYTHING IN IT; • I HAVE BEEN ADVISED TO CONSULT WITH AN ATTORNEY BEFORE EXECUTING IT AND I HAVE DONE SO OR, AFTER CAREFUL READING AND CONSIDERATION, I HAVE CHOSEN NOT TO DO SO OF MY OWN VOLITION; • I HAVE HAD AT LEAST 21 DAYS FROM THE DATE OF MY RECEIPT OF THIS SUPPLEMENTAL RELEASE TO CONSIDER IT; • I UNDERSTAND THAT I HAVE SEVEN (7) DAYS AFTER THE EXECUTION OF THIS SUPPLEMENTAL RELEASE TO REVOKE IT AND THAT THIS SUPPLEMENTAL RELEASE SHALL NOT BECOME EFFECTIVE OR ENFORCEABLE UNTIL THE REVOCATION PERIOD HAS EXPIRED; • I HAVE SIGNED THIS SUPPLEMENTAL RELEASE KNOWINGLY AND VOLUNTARILY AND WITH THE ADVICE OF ANY COUNSEL RETAINED TO ADVISE ME WITH RESPECT TO IT; AND • I AGREE THAT THE PROVISIONS OF THIS SUPPLEMENTAL RELEASE MAY NOT BE AMENDED, WAIVED, CHANGED OR MODIFIED EXCEPT BY AN INSTRUMENT IN WRITING SIGNED BY AN AUTHORIZED REPRESENTATIVE OF THE COMPANY AND BY ME. SIGNED: DATE: BXXXX XXXXX

Appears in 2 contracts

Samples: Separation Agreement and General Release (Digimarc CORP), Separation Agreement and General Release (Digimarc CORP)

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Revocation Right. After Executive executes this Supplemental Release, Executive shall have a period of seven (7) days from the date immediately following the date of execution of this Agreement Supplemental Release in which Executive may revoke this Supplemental Release at Executive’s sole election by notifying Digimarc Rxxxxxx in writing. Any revocation within this period must state “I do hereby revoke my agreement to the Supplemental Release.” The written revocation must be either personally delivered or postmarked within seven (7) calendar days of Executive’s execution of this Agreement to Cxxxx the Company c/o Exxx X’Xxxxx, Esq., Gxxxxx, Dxxx & Cxxxxxxx LLP, 1000 Xxxxxxxxxxx Xxxxxx, Vice President of Human ResourcesX.X., Digimarc Corporation, 9000 XX Xxxxxx Xxxxx, XxxxxxxxxXxxxxxxxxx, XX 00000-0000. In the event Executive does not exercise his right to revoke this Supplemental Release, this Supplemental Release shall become effective on the date immediately following the seven-day revocation period described above (the “Effective Date”). BY SIGNING THIS SUPPLEMENTAL RELEASE, I REPRESENT AND AGREE THAT: I HAVE READ IT CAREFULLY; I UNDERSTAND ALL OF ITS TERMS AND KNOW THAT I AM GIVING UP IMPORTANT RIGHTS, INCLUDING BUT NOT LIMITED TO, RIGHTS UNDER THE AGE DISCRIMINATION IN EMPLOYMENT ACT OF 1967, AS AMENDED, TITLE VII OF THE CIVIL RIGHTS ACT OF 1964, AS AMENDED; THE EQUAL PAY ACT OF 1963, THE AMERICANS WITH DISABILITIES ACT OF 1990; AND THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED; I VOLUNTARILY CONSENT TO EVERYTHING IN IT; I HAVE BEEN ADVISED TO CONSULT WITH AN ATTORNEY BEFORE EXECUTING IT AND I HAVE DONE SO OR, AFTER CAREFUL READING AND CONSIDERATION, I HAVE CHOSEN NOT TO DO SO OF MY OWN VOLITION; I HAVE HAD AT LEAST 21 DAYS FROM THE DATE OF MY RECEIPT OF THIS SUPPLEMENTAL RELEASE TO CONSIDER IT; I UNDERSTAND THAT I HAVE SEVEN (7) DAYS AFTER THE EXECUTION OF THIS SUPPLEMENTAL RELEASE TO REVOKE IT AND THAT THIS SUPPLEMENTAL RELEASE SHALL NOT BECOME EFFECTIVE OR ENFORCEABLE UNTIL THE REVOCATION PERIOD HAS EXPIRED; I HAVE SIGNED THIS SUPPLEMENTAL RELEASE KNOWINGLY AND VOLUNTARILY AND WITH THE ADVICE OF ANY COUNSEL RETAINED TO ADVISE ME WITH RESPECT TO IT; AND I AGREE THAT THE PROVISIONS OF THIS SUPPLEMENTAL RELEASE MAY NOT BE AMENDED, WAIVED, CHANGED OR MODIFIED EXCEPT BY AN INSTRUMENT IN WRITING SIGNED BY AN AUTHORIZED REPRESENTATIVE OF THE COMPANY AND BY ME. SIGNED: DATE: BXXXX XXXXXNXXXXXXXX X. XXXXXX EXHIBIT C [FORM OF AWARD AGREEMENT] RUBICON TECHNOLOGIES, INC. 2022 EQUITY INCENTIVE PLAN GRANT NOTICE FOR RESTRICTED STOCK UNIT AWARD FOR GOOD AND VALUABLE CONSIDERATION, Rubicon Technologies, Inc., a Delaware corporation (the “Company”), hereby grants to the Participant named below the number of Restricted Stock Units (the “RSUs”) specified below (the “Award”) under the Rubicon Technologies, Inc. 2022 Equity Incentive Plan (the “Plan”). Each RSU represents the right to receive one share of Common Stock, upon the terms and subject to the conditions set forth in this Grant Notice, the Plan and the Standard Terms and Conditions (the “Standard Terms and Conditions”) promulgated under such Plan and attached hereto as Exhibit A. This Award is granted pursuant to the Plan and is subject to and qualified in its entirety by the Standard Terms and Conditions. Capitalized terms not otherwise defined herein shall have the meanings set forth in the Plan. Name of Participant: Nxxxxxxxx X. Xxxxxx Gxxxx Date: Number of RSUs: Vesting Schedule: Subject to the Plan and the Standard Terms and Conditions (including Section 2(c) thereof), the RSUs shall vest on February 10, 2023, so long as the Participant does not incur a Termination of Employment from the Grant Date through such vesting date. By accepting this Grant Notice, the Participant acknowledges that the Participant has received and read, and agrees that this Award shall be subject to, the terms of this Grant Notice, the Plan, and the Standard Terms and Conditions. RUBICON TECHNOLOGIES, INC. By: Name: Title: PARTICIPANT Nxxxxxxxx X. Xxxxxx Grant Notice for Restricted Stock Unit Award EXHIBIT A RUBICON TECHNOLOGIES, INC. 2022 EQUITY INCENTIVE PLAN STANDARD TERMS AND CONDITIONS FOR RESTRICTED STOCK UNITS These Standard Terms and Conditions apply to the Award of Restricted Stock Units granted pursuant to the Rubicon Technologies, Inc. 2022 Equity Incentive Plan (the “Plan”), which are evidenced by a Grant Notice or an action of the Committee that specifically refers to these Standard Terms and Conditions. In addition to these Standard Terms and Conditions, the Restricted Stock Units shall be subject to the terms of the Plan, which are incorporated into these Standard Terms and Conditions by this reference. Capitalized terms not otherwise defined herein shall have the meanings set forth in the Plan.

Appears in 1 contract

Samples: Ceo Transition Agreement (Rubicon Technologies, Inc.)

Revocation Right. After Executive executes this Supplemental Release, Executive shall have a period may revoke his release of his ADEA claims up to seven (7) days from following his signing this Wxxxxx and Release of Claims. Notice of revocation must be received in writing by Fxxxxxxxx Xxxxxxx, at the date immediately following Company, at 9000 Xxxxxxxx Xxxx Xxxxx # 000, Xxx Xxxxx, Xxxxxxxxxx 00000, or at, if by email delivery, fxxxxxxx@xxxxxxxxxx.xxx, no later than the seventh day (excluding the date of execution) following the execution of this Agreement in which Waiver and Release of Claims. The ADEA release is not effective or enforceable until expiration of the seven day period. However, the ADEA release becomes fully effective, valid and irrevocable if it has not been revoked within the seven day period immediately following Executive’s execution of this Waiver and Release of Claims. The Parties agree that if Executive may exercises his right to revoke this Supplemental Waiver and Release at of Claims, then he is not entitled to any of the Separation Benefits set forth in the Agreement. This Waiver and Release of Claims shall become effective eight (8) days after Executive’s sole election execution if he has not revoked his signature as herein provided (such date, the “Release Effective Date”).  I hereby provide this Waiver and Release of Claims as of the date indicated below and acknowledge that the execution of this Waiver and Release of Claims is in further consideration of the Separation Benefits set forth in the Agreement, to which I acknowledge I would not be entitled if I did not sign this Waiver and Release of Claims. I intend that this Waiver and Release of Claims become a binding agreement by notifying Digimarc in writing. Any revocation within this period must state “and between me and the Company if I do hereby not revoke my agreement to the Supplemental Release.” The written revocation must be either personally delivered or postmarked acceptance within seven (7) calendar days days.   __________________________________ Wxxxxxx X. Xxxxxx  Dated:  Exhibit B  Statement Regarding Separation  PriceSmart will announce Mx. Xxxxxx’x resignation by mutual agreement, effective February 28, 2022. The announcement will state that Mx. Xxxxxx has agreed to support the interim COO and make himself available at the Company’s request for twelve months following his resignation.  Quote from CEO:  “I speak for the entire Company when I say that we are enormously grateful for the contributions Bxxx has made to this company,” said Chief Executive Officer Sxxxxx Xxxxxxxxxxxx. “He leaves our operations well positioned for the future. We wish him much success.”  Quote from Bill:  “PriceSmart has a great future ahead of Executive’s execution it and I believe it is well-positioned for future growth. I am especially proud of this Agreement to Cxxxx our more than 10,000 employees worldwide and the incredible job they do every day serving our Members,” said Mx. Xxxxxx, Vice President of Human Resources, Digimarc Corporation, 9000 XX Xxxxxx Xxxxx, Xxxxxxxxx, XX 00000-0000. In the event Executive does not exercise his right to revoke this Supplemental Release, this Supplemental Release shall become effective on the date immediately following the seven-day revocation period described above (the “Effective Date”). BY SIGNING THIS SUPPLEMENTAL RELEASE, I REPRESENT AND AGREE THAT: • I HAVE READ IT CAREFULLY; • I UNDERSTAND ALL OF ITS TERMS AND KNOW THAT I AM GIVING UP IMPORTANT RIGHTS, INCLUDING BUT NOT LIMITED TO, RIGHTS UNDER THE AGE DISCRIMINATION IN EMPLOYMENT ACT OF 1967, AS AMENDED, TITLE VII OF THE CIVIL RIGHTS ACT OF 1964, AS AMENDED; THE EQUAL PAY ACT OF 1963, THE AMERICANS WITH DISABILITIES ACT OF 1990; AND THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED; • I VOLUNTARILY CONSENT TO EVERYTHING IN IT; • I HAVE BEEN ADVISED TO CONSULT WITH AN ATTORNEY BEFORE EXECUTING IT AND I HAVE DONE SO OR, AFTER CAREFUL READING AND CONSIDERATION, I HAVE CHOSEN NOT TO DO SO OF MY OWN VOLITION; • I HAVE HAD AT LEAST 21 DAYS FROM THE DATE OF MY RECEIPT OF THIS SUPPLEMENTAL RELEASE TO CONSIDER IT; • I UNDERSTAND THAT I HAVE SEVEN (7) DAYS AFTER THE EXECUTION OF THIS SUPPLEMENTAL RELEASE TO REVOKE IT AND THAT THIS SUPPLEMENTAL RELEASE SHALL NOT BECOME EFFECTIVE OR ENFORCEABLE UNTIL THE REVOCATION PERIOD HAS EXPIRED; • I HAVE SIGNED THIS SUPPLEMENTAL RELEASE KNOWINGLY AND VOLUNTARILY AND WITH THE ADVICE OF ANY COUNSEL RETAINED TO ADVISE ME WITH RESPECT TO IT; AND • I AGREE THAT THE PROVISIONS OF THIS SUPPLEMENTAL RELEASE MAY NOT BE AMENDED, WAIVED, CHANGED OR MODIFIED EXCEPT BY AN INSTRUMENT IN WRITING SIGNED BY AN AUTHORIZED REPRESENTATIVE OF THE COMPANY AND BY ME. SIGNED: DATE: BXXXX XXXXX    

Appears in 1 contract

Samples: Separation Agreement With Waiver and Release of Claims (Pricesmart Inc)

Revocation Right. After Executive executes this Supplemental Release, Executive shall have a period may revoke her release of her ADEA claims up to seven (7) days from following her signing this Xxxxxx and Release of Claims. Notice of revocation must be received in writing by Xxxxxxxxx Xxxxxxx, at the date immediately following Company, at 0000 Xxxxxxxx Xxxx Xxxxx # 000, Xxx Xxxxx, Xxxxxxxxxx 00000, or at, if by email delivery, xxxxxxxx@xxxxxxxxxx.xxx, no later than the seventh day (excluding the date of execution) following the execution of this Agreement in which Waiver and Release of Claims. The ADEA release is not effective or enforceable until expiration of the seven day period. However, the ADEA release becomes fully effective, valid and irrevocable if it has not been revoked within the seven day period immediately following Executive’s execution of this Waiver and Release of Claims. The Parties agree that if Executive may exercises her right to revoke this Supplemental Waiver and Release at of Claims, then she is not entitled to any of the Separation Benefits set forth in the Agreement. This Waiver and Release of Claims shall become effective eight (8) days after Executive’s sole election execution if she has not revoked her signature as herein provided (such date, the “Release Effective Date”).  I hereby provide this Waiver and Release of Claims as of the date indicated below and acknowledge that the execution of this Waiver and Release of Claims is in further consideration of the Separation Benefits set forth in the Agreement, to which I acknowledge I would not be entitled if I did not sign this Waiver and Release of Claims. I intend that this Waiver and Release of Claims become a binding agreement by notifying Digimarc in writing. Any revocation within this period must state “and between me and the Company if I do hereby not revoke my agreement to the Supplemental Release.” The written revocation must be either personally delivered or postmarked acceptance within seven (7) calendar days days.   Xxxxxx X. Xxxxxxxxxxxx  Dated:  Exhibit B  Statement Regarding Separation  AUTHORIZED STATEMENTS  Xxxxxx Xxxxxxxxxxxx will be resigning as Chief Executive Officer, effective February 3, 2023, the date of Executivethe Company’s execution annual stockholder meeting, in order to pursue new professional and philanthropic interests. As part of this Agreement the PriceSmart leadership transition plan, Xxxxxx will return to Cxxxx serving stockholders as a member of the Board of Directors of the Company. Prior to her tenure as CEO, she served on the Company’s board as an independent director for a period of 8 years, including having served as Vice Chairman and Chair of the Compensation Committee. “Xxxxxx’s performance as CEO during some of the most challenging years in the history of PriceSmart has been marked by record revenues and profits as well as membership growth, Vice President club growth and the launch of Human Resources, Digimarc Corporation, 9000 XX online shopping and delivery. The Company is poised to build on Xxxxxx’s and her team’s accomplishments over the past 4 years. We appreciate all of her contributions and look forward to Xxxxxx’s continued strategic and operational input to drive the future success of PriceSmart,” commented Chairman Xxxxxx Xxxxx. “These past four years have been an incredibly challenging and professionally rewarding time. I have been so fortunate to work with an incredible team in the U.S. and in all of our markets that share my dedication to our employees and Members. While my day-to-day role is changing, XxxxxxxxxI will remain connected to our incredible workforce by serving on the Board and helping build on the Company’s record performance,” said Xx. Xxxxxxxxxxxx.  SSB Statement  “I am stepping down as CEO, XX 00000effective February 3, 2023, to pursue new professional and philanthropic interests. It has been over 4 intense years leading this company through a series of unprecedented challenges, including the COVID pandemic, global supply chain disruption, soaring inflation and significant foreign currency headwinds. At the same time, it has been 4 incredible years of working shoulder-0000to-shoulder with an inspiring team of people who have dedicated themselves and risen to every single challenge. In the event Executive does not exercise his right last 4+ years, we have kept our people and our company safe, launched online shopping and membership, grown our clubs, increased membership benefits, and advanced our technology and analytics capabilities. The results are evident by how we’ve achieved continual annual record sales, record profits and record Membership growth! I am proud of our team members and will always have a strong connection to revoke this Supplemental Releaseeach of them and the Company. I will continue to serve as a director of the Board, this Supplemental Release shall become effective on as I have been since 2011, and look forward to supporting the date immediately following team and the seven-day revocation period described above (the “Effective Date”)Company to soar even higher,” said Xx. BY SIGNING THIS SUPPLEMENTAL RELEASE, I REPRESENT AND AGREE THAT: • I HAVE READ IT CAREFULLY; • I UNDERSTAND ALL OF ITS TERMS AND KNOW THAT I AM GIVING UP IMPORTANT RIGHTS, INCLUDING BUT NOT LIMITED TO, RIGHTS UNDER THE AGE DISCRIMINATION IN EMPLOYMENT ACT OF 1967, AS AMENDED, TITLE VII OF THE CIVIL RIGHTS ACT OF 1964, AS AMENDED; THE EQUAL PAY ACT OF 1963, THE AMERICANS WITH DISABILITIES ACT OF 1990; AND THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED; • I VOLUNTARILY CONSENT TO EVERYTHING IN IT; • I HAVE BEEN ADVISED TO CONSULT WITH AN ATTORNEY BEFORE EXECUTING IT AND I HAVE DONE SO OR, AFTER CAREFUL READING AND CONSIDERATION, I HAVE CHOSEN NOT TO DO SO OF MY OWN VOLITION; • I HAVE HAD AT LEAST 21 DAYS FROM THE DATE OF MY RECEIPT OF THIS SUPPLEMENTAL RELEASE TO CONSIDER IT; • I UNDERSTAND THAT I HAVE SEVEN (7) DAYS AFTER THE EXECUTION OF THIS SUPPLEMENTAL RELEASE TO REVOKE IT AND THAT THIS SUPPLEMENTAL RELEASE SHALL NOT BECOME EFFECTIVE OR ENFORCEABLE UNTIL THE REVOCATION PERIOD HAS EXPIRED; • I HAVE SIGNED THIS SUPPLEMENTAL RELEASE KNOWINGLY AND VOLUNTARILY AND WITH THE ADVICE OF ANY COUNSEL RETAINED TO ADVISE ME WITH RESPECT TO IT; AND • I AGREE THAT THE PROVISIONS OF THIS SUPPLEMENTAL RELEASE MAY NOT BE AMENDED, WAIVED, CHANGED OR MODIFIED EXCEPT BY AN INSTRUMENT IN WRITING SIGNED BY AN AUTHORIZED REPRESENTATIVE OF THE COMPANY AND BY MEXxxxxxxxxxxx. SIGNED: DATE: BXXXX XXXXX 

Appears in 1 contract

Samples: Separation Agreement With Waiver and Release of Claims (Pricesmart Inc)

Revocation Right. After Executive Employee executes this Supplemental Release, Executive Employee shall have a period of seven (7) days from the date immediately following the date of execution of this Agreement Supplemental Release in which Executive Employee may revoke this Supplemental Release at ExecutiveEmployee’s sole election by notifying Digimarc the Company in writing. Any revocation within this period must state “I do hereby revoke my agreement to the Supplemental Release.” The written revocation must be either personally delivered or postmarked within seven (7) calendar days of ExecutiveEmployee’s execution of this Agreement Supplemental Release to Cxxxx the Company, ATTN: E. Xxxx Xxxxxx, Vice President of Human ResourcesEsq., Digimarc Corporation000 X. Xxxxxxxx Xxx Xxxxxxx, 9000 XX Xxxxxx Xxxxx, Xxxxxxxxx, XX Xxxx 00000-0000. In the event Executive Employee does not exercise his right to revoke this Supplemental Release, this Supplemental Release shall become effective on the date immediately following the seven-day revocation period described above (the “Effective Date”). BY SIGNING THIS SUPPLEMENTAL RELEASE, I REPRESENT AND AGREE THAT: • I HAVE READ IT CAREFULLY; • I UNDERSTAND ALL OF ITS TERMS AND KNOW THAT I AM GIVING UP IMPORTANT RIGHTS, INCLUDING BUT NOT LIMITED TO, RIGHTS UNDER THE AGE DISCRIMINATION IN EMPLOYMENT ACT OF 1967, AS AMENDED, TITLE VII OF THE CIVIL RIGHTS ACT OF 1964, AS AMENDED; THE EQUAL PAY ACT OF 1963, THE AMERICANS WITH DISABILITIES ACT OF 1990; AND THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED; • I VOLUNTARILY CONSENT TO EVERYTHING IN IT; • I HAVE BEEN ADVISED TO CONSULT WITH AN ATTORNEY BEFORE EXECUTING IT AND I HAVE DONE SO OR, AFTER CAREFUL READING AND CONSIDERATION, I HAVE CHOSEN NOT TO DO SO OF MY OWN VOLITION; • I HAVE HAD AT LEAST 21 DAYS FROM THE DATE OF MY RECEIPT OF THIS SUPPLEMENTAL RELEASE TO CONSIDER IT; • I UNDERSTAND THAT I HAVE SEVEN (7) DAYS AFTER THE EXECUTION OF THIS SUPPLEMENTAL RELEASE TO REVOKE IT AND THAT THIS SUPPLEMENTAL RELEASE SHALL NOT BECOME EFFECTIVE OR ENFORCEABLE UNTIL THE REVOCATION PERIOD HAS EXPIRED; • I HAVE SIGNED THIS SUPPLEMENTAL RELEASE KNOWINGLY AND VOLUNTARILY AND WITH THE ADVICE OF ANY COUNSEL RETAINED TO ADVISE ME WITH RESPECT TO IT; AND EXECUTION COPY • I AGREE THAT THE PROVISIONS OF THIS SUPPLEMENTAL RELEASE MAY NOT BE AMENDED, WAIVED, CHANGED OR MODIFIED EXCEPT BY AN INSTRUMENT IN WRITING SIGNED BY AN AUTHORIZED REPRESENTATIVE OF THE COMPANY AND BY ME. SIGNED: DATE: BXXXX XXXXXXXXXXXXX X. XXXXXXX

Appears in 1 contract

Samples: Severance Agreement and Release (Beyond, Inc.)

Revocation Right. After Executive executes this Supplemental Release, Executive shall have a period of seven (7) days from the date immediately following the date of execution of this Agreement Supplemental Release in which Executive may revoke this Supplemental Release at Executive’s sole election by notifying Digimarc in writing. Any revocation within this period must state “I do hereby revoke my agreement to the Supplemental Release.” The written revocation must be either personally delivered or postmarked within seven (7) calendar days of Executive’s execution of this Agreement to Cxxxx Xxxxxx, Vice President of Human Resources, Digimarc Corporation, 9000 0000 XX Xxxxxx Xxxxx, Xxxxxxxxx, XX 00000-0000. In the event Executive does not exercise his right to revoke this Supplemental Release, this Supplemental Release shall become effective on the date immediately following the seven-day revocation period described above (the “Effective Date”). BY SIGNING THIS SUPPLEMENTAL RELEASE, I REPRESENT AND AGREE THAT: • I HAVE READ IT CAREFULLY; • I UNDERSTAND ALL OF ITS TERMS AND KNOW THAT I AM GIVING UP IMPORTANT RIGHTS, INCLUDING BUT NOT LIMITED TO, RIGHTS UNDER THE AGE DISCRIMINATION IN EMPLOYMENT ACT OF 1967, AS AMENDED, TITLE VII OF THE CIVIL RIGHTS ACT OF 1964, AS AMENDED; THE EQUAL PAY ACT OF 1963, THE AMERICANS WITH DISABILITIES ACT OF 1990; AND THE EMPLOYEE EXECUTIVE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED; • I VOLUNTARILY CONSENT TO EVERYTHING IN IT; • I HAVE BEEN ADVISED TO CONSULT WITH AN ATTORNEY BEFORE EXECUTING IT AND I HAVE DONE SO OR, AFTER CAREFUL READING AND CONSIDERATION, I HAVE CHOSEN NOT TO DO SO OF MY OWN VOLITION; • I HAVE HAD AT LEAST 21 DAYS FROM THE DATE OF MY RECEIPT OF THIS SUPPLEMENTAL RELEASE TO CONSIDER IT; • I UNDERSTAND THAT I HAVE SEVEN (7) DAYS AFTER THE EXECUTION OF THIS SUPPLEMENTAL RELEASE TO REVOKE IT AND THAT THIS SUPPLEMENTAL RELEASE SHALL NOT BECOME EFFECTIVE OR ENFORCEABLE UNTIL THE REVOCATION PERIOD HAS EXPIRED; • I HAVE SIGNED THIS SUPPLEMENTAL RELEASE KNOWINGLY AND VOLUNTARILY AND WITH THE ADVICE OF ANY COUNSEL RETAINED TO ADVISE ME WITH RESPECT TO IT; AND • I AGREE THAT THE PROVISIONS OF THIS SUPPLEMENTAL RELEASE MAY NOT BE AMENDED, WAIVED, CHANGED OR MODIFIED EXCEPT BY AN INSTRUMENT IN WRITING SIGNED BY AN AUTHORIZED REPRESENTATIVE OF THE COMPANY AND BY ME. SIGNED: DATE: BXXXX XXXXXTHIS

Appears in 1 contract

Samples: Separation Agreement and General Release (Digimarc CORP)

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Revocation Right. After Executive executes this Supplemental Release, Executive shall have a period may revoke his release of his ADEA claims up to seven (7) days from following his signing this Waiver and Release of Claims. Notice of revocation must be received in writing by Fxxxxxxxx Xxxxxxx, at the date immediately following Company, at 9000 Xxxxxxxx Xxxx Xxxxx # 000, Xxx Xxxxx, Xxxxxxxxxx 00000, or at, if by email delivery, fxxxxxxx@xxxxxxxxxx.xxx, no later than the seventh day (excluding the date of execution) following the execution of this Agreement in which Waiver and Release of Claims. The ADEA release is not effective or enforceable until expiration of the seven day period. However, the ADEA release becomes fully effective, valid and irrevocable if it has not been revoked within the seven day period immediately following Executive’s execution of this Waiver and Release of Claims. The Parties agree that if Executive may exercises his right to revoke this Supplemental Waiver and Release at of Claims, then he is not entitled to any of the Separation Benefits set forth in the Agreement. This Waiver and Release of Claims shall become effective eight (8) days after Executive’s sole election execution if he has not revoked his signature as herein provided (such date, the “Release Effective Date”).  I hereby provide this Waiver and Release of Claims as of the date indicated below and acknowledge that the execution of this Waiver and Release of Claims is in further consideration of the Separation Benefits set forth in the Agreement, to which I acknowledge I would not be entitled if I did not sign this Waiver and Release of Claims. I intend that this Waiver and Release of Claims become a binding agreement by notifying Digimarc in writing. Any revocation within this period must state “and between me and the Company if I do hereby not revoke my agreement to the Supplemental Release.” The written revocation must be either personally delivered or postmarked acceptance within seven (7) calendar days days.   /s/ Wxxxxxx X. Xxxxxx Wxxxxxx X. Xxxxxx  Dated: February 23, 2022  Exhibit B  Statement Regarding Separation  PriceSmart will announce Mx. Xxxxxx’x resignation by mutual agreement, effective February 28, 2022. The announcement will state that Mx. Xxxxxx has agreed to support the interim COO and make himself available at the Company’s request for twelve months following his resignation.  Quote from CEO:  “I speak for the entire Company when I say that we are enormously grateful for the contributions Bxxx has made to this company,” said Chief Executive Officer Sxxxxx Xxxxxxxxxxxx. “He leaves our operations well positioned for the future. We wish him much success.”  Quote from Bxxx:  “PriceSmart has a great future ahead of Executive’s execution it and I believe it is well-positioned for future growth. I am especially proud of this Agreement to Cxxxx our more than 10,000 employees worldwide and the incredible job they do every day serving our Members,” said Mx. Xxxxxx, Vice President of Human Resources, Digimarc Corporation, 9000 XX Xxxxxx Xxxxx, Xxxxxxxxx, XX 00000-0000. In the event Executive does not exercise his right to revoke this Supplemental Release, this Supplemental Release shall become effective on the date immediately following the seven-day revocation period described above (the “Effective Date”). BY SIGNING THIS SUPPLEMENTAL RELEASE, I REPRESENT AND AGREE THAT: • I HAVE READ IT CAREFULLY; • I UNDERSTAND ALL OF ITS TERMS AND KNOW THAT I AM GIVING UP IMPORTANT RIGHTS, INCLUDING BUT NOT LIMITED TO, RIGHTS UNDER THE AGE DISCRIMINATION IN EMPLOYMENT ACT OF 1967, AS AMENDED, TITLE VII OF THE CIVIL RIGHTS ACT OF 1964, AS AMENDED; THE EQUAL PAY ACT OF 1963, THE AMERICANS WITH DISABILITIES ACT OF 1990; AND THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED; • I VOLUNTARILY CONSENT TO EVERYTHING IN IT; • I HAVE BEEN ADVISED TO CONSULT WITH AN ATTORNEY BEFORE EXECUTING IT AND I HAVE DONE SO OR, AFTER CAREFUL READING AND CONSIDERATION, I HAVE CHOSEN NOT TO DO SO OF MY OWN VOLITION; • I HAVE HAD AT LEAST 21 DAYS FROM THE DATE OF MY RECEIPT OF THIS SUPPLEMENTAL RELEASE TO CONSIDER IT; • I UNDERSTAND THAT I HAVE SEVEN (7) DAYS AFTER THE EXECUTION OF THIS SUPPLEMENTAL RELEASE TO REVOKE IT AND THAT THIS SUPPLEMENTAL RELEASE SHALL NOT BECOME EFFECTIVE OR ENFORCEABLE UNTIL THE REVOCATION PERIOD HAS EXPIRED; • I HAVE SIGNED THIS SUPPLEMENTAL RELEASE KNOWINGLY AND VOLUNTARILY AND WITH THE ADVICE OF ANY COUNSEL RETAINED TO ADVISE ME WITH RESPECT TO IT; AND • I AGREE THAT THE PROVISIONS OF THIS SUPPLEMENTAL RELEASE MAY NOT BE AMENDED, WAIVED, CHANGED OR MODIFIED EXCEPT BY AN INSTRUMENT IN WRITING SIGNED BY AN AUTHORIZED REPRESENTATIVE OF THE COMPANY AND BY ME. SIGNED: DATE: BXXXX XXXXX    

Appears in 1 contract

Samples: Separation Agreement With Waiver and Release of Claims (Pricesmart Inc)

Revocation Right. After Executive executes this Supplemental Release, Executive shall have a period may revoke his release of his ADEA claims up to seven (7) days from following his signing this Waiver and Release of Claims. Notice of revocation must be received in writing by Xxxxxxxxx Xxxxxxx, at the date immediately following Company, at 0000 Xxxxxxxx Xxxx Xxxxx # 000, Xxx Xxxxx, Xxxxxxxxxx 00000, or at, if by email delivery, xxxxxxxx@xxxxxxxxxx.xxx, no later than the seventh day (excluding the date of execution) following the execution of this Agreement in which Waiver and Release of Claims. The ADEA release is not effective or enforceable until expiration of the seven day period. However, the ADEA release becomes fully effective, valid and irrevocable if it has not been revoked within the seven day period immediately following Executive’s execution of this Waiver and Release of Claims. The Parties agree that if Executive may exercises his right to revoke this Supplemental Waiver and Release at of Claims, then he is not entitled to any of the Separation Benefits set forth in the Agreement. This Waiver and Release of Claims shall become effective eight (8) days after Executive’s sole election execution if he has not revoked his signature as herein provided (such date, the “Release Effective Date”).  I hereby provide this Waiver and Release of Claims as of the date indicated below and acknowledge that the execution of this Waiver and Release of Claims is in further consideration of the Separation Benefits set forth in the Agreement, to which I acknowledge I would not be entitled if I did not sign this Waiver and Release of Claims. I intend that this Waiver and Release of Claims become a binding agreement by notifying Digimarc in writing. Any revocation within this period must state “and between me and the Company if I do hereby not revoke my agreement to the Supplemental Release.” The written revocation must be either personally delivered or postmarked acceptance within seven (7) calendar days of Executive’s execution of this Agreement to Cxxxx Xxxxxxdays.   __________________________________ Maarten X. Xxxxx  Dated: January 11, Vice President of Human Resources, Digimarc Corporation, 9000 XX Xxxxxx Xxxxx, Xxxxxxxxx, XX 00000-0000. In the event Executive does not exercise his right to revoke this Supplemental Release, this Supplemental Release shall become effective on the date immediately following the seven-day revocation period described above (the “Effective Date”). BY SIGNING THIS SUPPLEMENTAL RELEASE, I REPRESENT AND AGREE THAT: • I HAVE READ IT CAREFULLY; • I UNDERSTAND ALL OF ITS TERMS AND KNOW THAT I AM GIVING UP IMPORTANT RIGHTS, INCLUDING BUT NOT LIMITED TO, RIGHTS UNDER THE AGE DISCRIMINATION IN EMPLOYMENT ACT OF 1967, AS AMENDED, TITLE VII OF THE CIVIL RIGHTS ACT OF 1964, AS AMENDED; THE EQUAL PAY ACT OF 1963, THE AMERICANS WITH DISABILITIES ACT OF 1990; AND THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED; • I VOLUNTARILY CONSENT TO EVERYTHING IN IT; • I HAVE BEEN ADVISED TO CONSULT WITH AN ATTORNEY BEFORE EXECUTING IT AND I HAVE DONE SO OR, AFTER CAREFUL READING AND CONSIDERATION, I HAVE CHOSEN NOT TO DO SO OF MY OWN VOLITION; • I HAVE HAD AT LEAST 21 DAYS FROM THE DATE OF MY RECEIPT OF THIS SUPPLEMENTAL RELEASE TO CONSIDER IT; • I UNDERSTAND THAT I HAVE SEVEN (7) DAYS AFTER THE EXECUTION OF THIS SUPPLEMENTAL RELEASE TO REVOKE IT AND THAT THIS SUPPLEMENTAL RELEASE SHALL NOT BECOME EFFECTIVE OR ENFORCEABLE UNTIL THE REVOCATION PERIOD HAS EXPIRED; • I HAVE SIGNED THIS SUPPLEMENTAL RELEASE KNOWINGLY AND VOLUNTARILY AND WITH THE ADVICE OF ANY COUNSEL RETAINED TO ADVISE ME WITH RESPECT TO IT; AND • I AGREE THAT THE PROVISIONS OF THIS SUPPLEMENTAL RELEASE MAY NOT BE AMENDED, WAIVED, CHANGED OR MODIFIED EXCEPT BY AN INSTRUMENT IN WRITING SIGNED BY AN AUTHORIZED REPRESENTATIVE OF THE COMPANY AND BY ME. SIGNED: DATE: BXXXX XXXXX2020

Appears in 1 contract

Samples: Separation Agreement (Pricesmart Inc)

Revocation Right. After Executive executes this Supplemental Release, Executive shall have a period may revoke his release of his ADEA claims up to seven (7) days from following his signing this Waiver and Release of Claims. Notice of revocation must be received in writing by Xxxxxxxxx Xxxxxxx, at the date immediately following Company, at 0000 Xxxxxxxx Xxxx Xxxxx # 000, Xxx Xxxxx, Xxxxxxxxxx 00000, or at, if by email delivery, xxxxxxxx@xxxxxxxxxx.xxx, no later than the seventh day (excluding the date of execution) following the execution of this Agreement in which Waiver and Release of Claims. The ADEA release is not effective or enforceable until expiration of the seven day period. However, the ADEA release becomes fully effective, valid and irrevocable if it has not been revoked within the seven day period immediately following Executive’s execution of this Waiver and Release of Claims. The Parties agree that if Executive may exercises his right to revoke this Supplemental Waiver and Release at of Claims, then he is not entitled to any of the Separation Benefits set forth in the Agreement. This Waiver and Release of Claims shall become effective eight (8) days after Executive’s sole election execution if he has not revoked his signature as herein provided (such date, the “Release Effective Date”).  I hereby provide this Waiver and Release of Claims as of the date indicated below and acknowledge that the execution of this Waiver and Release of Claims is in further consideration of the Separation Benefits set forth in the Agreement, to which I acknowledge I would not be entitled if I did not sign this Waiver and Release of Claims. I intend that this Waiver and Release of Claims become a binding agreement by notifying Digimarc in writing. Any revocation within this period must state “and between me and the Company if I do hereby not revoke my agreement to the Supplemental Release.” The written revocation must be either personally delivered or postmarked acceptance within seven (7) calendar days of Executive’s execution of this Agreement to Cxxxx Xxxxxxdays.   ___/s/ Xxxx Xxxx Laparte_________ Xxxx Xxxx Xxxxxxx  Dated: January 1, Vice President of Human Resources, Digimarc Corporation, 9000 XX Xxxxxx Xxxxx, Xxxxxxxxx, XX 00000-0000. In the event Executive does not exercise his right to revoke this Supplemental Release, this Supplemental Release shall become effective on the date immediately following the seven-day revocation period described above (the “Effective Date”). BY SIGNING THIS SUPPLEMENTAL RELEASE, I REPRESENT AND AGREE THAT: • I HAVE READ IT CAREFULLY; • I UNDERSTAND ALL OF ITS TERMS AND KNOW THAT I AM GIVING UP IMPORTANT RIGHTS, INCLUDING BUT NOT LIMITED TO, RIGHTS UNDER THE AGE DISCRIMINATION IN EMPLOYMENT ACT OF 1967, AS AMENDED, TITLE VII OF THE CIVIL RIGHTS ACT OF 1964, AS AMENDED; THE EQUAL PAY ACT OF 1963, THE AMERICANS WITH DISABILITIES ACT OF 1990; AND THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED; • I VOLUNTARILY CONSENT TO EVERYTHING IN IT; • I HAVE BEEN ADVISED TO CONSULT WITH AN ATTORNEY BEFORE EXECUTING IT AND I HAVE DONE SO OR, AFTER CAREFUL READING AND CONSIDERATION, I HAVE CHOSEN NOT TO DO SO OF MY OWN VOLITION; • I HAVE HAD AT LEAST 21 DAYS FROM THE DATE OF MY RECEIPT OF THIS SUPPLEMENTAL RELEASE TO CONSIDER IT; • I UNDERSTAND THAT I HAVE SEVEN (7) DAYS AFTER THE EXECUTION OF THIS SUPPLEMENTAL RELEASE TO REVOKE IT AND THAT THIS SUPPLEMENTAL RELEASE SHALL NOT BECOME EFFECTIVE OR ENFORCEABLE UNTIL THE REVOCATION PERIOD HAS EXPIRED; • I HAVE SIGNED THIS SUPPLEMENTAL RELEASE KNOWINGLY AND VOLUNTARILY AND WITH THE ADVICE OF ANY COUNSEL RETAINED TO ADVISE ME WITH RESPECT TO IT; AND • I AGREE THAT THE PROVISIONS OF THIS SUPPLEMENTAL RELEASE MAY NOT BE AMENDED, WAIVED, CHANGED OR MODIFIED EXCEPT BY AN INSTRUMENT IN WRITING SIGNED BY AN AUTHORIZED REPRESENTATIVE OF THE COMPANY AND BY ME. SIGNED: DATE: BXXXX XXXXX2019         

Appears in 1 contract

Samples: Separation Agreement (Pricesmart Inc)

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