Common use of RIGHT OF OPT-OUT Clause in Contracts

RIGHT OF OPT-OUT. You have the right to opt-out of this Arbitration Agreement, provided that you notify us of your intent to opt-out within sixty (60) days after it is provided to you. Your opt-out is only effective if you notify us in writing at KINECTA FEDERAL CREDIT UNION, P.O. Box 10003, Manhattan Beach, CA 90266 within such sixty (60) day time period. If you fail to opt-out within this sixty (60) day time period, you will be deemed to have consented to the resolution of your Claims through binding arbitration. In the event you opt-out, it shall not affect other terms and conditions of your Agreement or your relationship with the Credit Union.

Appears in 4 contracts

Samples: Agreements and Disclosures, Agreements and Disclosures, Agreements and Disclosures

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