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 day Executive signs 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 by Executive and must be received by the Company, care of: General Counsel, WGL Holdings, Inc., 000 Xxxxxxxxxxxx Xxxxxx, XX, Xxxxxxxxxx, X.X. 00000, on or before the last day of the Release Revocation Period. If an effective revocation is delivered in the foregoing manner and timeframe, then the Separation Benefits shall not be paid or provided to Executive pursuant to Section 2(a) of this Agreement, the release of claims set forth in Section 4 shall be of no force or effect and the remainder of this Agreement shall be in full force and effect.

Revocation Right. Notwithstanding the initial effectiveness of this Agreement, Executive may revoke the delivery release of claims set forth in Section 3 above (and therefore the effectivenesseffectiveness of such release) of this Agreement within the seven-day period beginning on the day date Executive signs 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 by Executive and must be received by the Company, care of: General Counselof Xxxxx Xxxxxx (Xxxxx.Xxxxxx@xxxxxx.xxx) before 11:59 p.m., WGL Holdings, Inc., 000 Xxxxxxxxxxxx Xxxxxx, XX, Xxxxxxxxxx, X.X. 00000Central Time, on or before the last day of the Release Revocation Period. If an effective revocation is delivered in the foregoing manner and timeframe, then the Separation Benefits shall not be paid or provided to Executive pursuant to Section 2(a) of this Agreement, the release of claims set forth in Section 4 shall 3 above will be of no force or effect effect, Executive will not receive the consideration set forth in Section 2 above, and the remainder of this Agreement shall will be in full force and effect.

Revocation Right. Notwithstanding the initial effectiveness of this Agreement, Executive may revoke the delivery release of claims set forth in Section 3 above (and therefore the effectivenesseffectiveness of such release) of this Agreement within the a seven-day period beginning on the day date Executive signs 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 by Executive and must be received by the Company, care of: General Counselof Scoxx Xxxxxx (xcoxx.xxxxxx@xxxxxx.xxx) xefore 11:59 p.m., WGL Holdings, Inc., 000 Xxxxxxxxxxxx Xxxxxx, XX, Xxxxxxxxxx, X.X. 00000Central Time, on or before the last day of the Release Revocation Period. If an effective revocation is delivered in the foregoing manner and timeframe, then the Separation Benefits shall not be paid or provided to Executive pursuant to Section 2(a) of this Agreement, the release of claims set forth in Section 4 shall 3 above will be of no force or effect effect, Executive will not receive the consideration set forth in Section 2 above, and the remainder of this Agreement shall will be in full force and effect.

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 day date Executive signs 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 by Executive and must be delivered personally or by courier to the Company so that it is received by the Company, care of: General Counsel, WGL Holdings, Inc., 000 Xxxxxxxxxxxx Xxxxxx, XX, Xxxxxxxxxx, X.X. 00000, Xxxxx Xxxxxxx at xxxxx.xxxxxxx@xxxxxxxx.xxx on or before the last day end of the Release Revocation Period. If an effective revocation is delivered in the foregoing manner and timeframe, then the Separation Benefits shall not be paid or provided to Executive pursuant to Section 2(a) of this Agreement, the release of claims set forth in Section 4 shall will be of no force or effect effect, Executive will not receive the payments, benefits or consideration set forth in Section 2, and the remainder of this Agreement shall be will remain in full force and effect.