Common use of Right to Rescind and/or Revoke Clause in Contracts

Right to Rescind and/or Revoke. I understand that insofar as this Release relates to my rights under the Age Discrimination in Employment Act, it shall not become effective or enforceable until seven (7) days after I sign it. I also have the right to rescind (or revoke) this Release insofar as it extends to potential claims under the ADEA by written notice to Employer within seven (7) calendar days following my signing this Release, and within fifteen (15) calendar days as to waiver of claims under the Minnesota Human Rights Act (the “Rescission Period”). Any such rescission (or revocation) must be in writing and hand-delivered to Employer or, if sent by mail, postmarked within the applicable time period, sent by certified mail, return receipt requested, and addressed as follows: A. post-marked within the seven (7) day Rescission Period or, if applicable, fifteen (15) day Rescission Period; B. properly addressed to DiaMedica USA, Inc., Attention: Chief Executive Xxxxxxx, Xxx Xxxxxxx Xxxxxxx, Suite 260, Minneapolis, MN 55447; and C. sent by certified mail, return receipt requested. I understand that the Consideration I am receiving for settling and releasing my Claims is contingent upon my agreement to be bound by the terms of this Release. Accordingly, if I decide to revoke this Release as provided herein, I understand that I am not entitled to the Consideration offered in the Separation Agreement. I further understand that if I attempt to revoke my release of ADEA, MHRA or any other claims, I must immediately return to the Employer any Consideration that I may have received under my Separation Agreement.

Appears in 7 contracts

Samples: Separation Agreement (DiaMedica Therapeutics Inc.), Employment Agreement (DiaMedica Therapeutics Inc.), Employment Agreement (DiaMedica Therapeutics Inc.)

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Right to Rescind and/or Revoke. I understand that insofar as this Release relates to my rights under the Age Discrimination in Employment ActAct (“ADEA”), it shall not become effective or enforceable until seven (7) days after I sign it. I also have the right to rescind (or revoke) revoke this Release insofar as it extends to potential claims under the ADEA by written notice to the Employer within seven (7) calendar days following my signing the date I sign this Release. I understand that insofar as this Release relates to my rights or potential claims under the Minnesota Human Rights Act (“MHRA”), and it shall not become effective or enforceable until fifteen (15) days after I sign it. I have the right to rescind this Release only insofar as it extends to potential claims under the MHRA, within fifteen (15) calendar days as to waiver of claims under the Minnesota Human Rights Act (the “Rescission Period”)MHRA. Any such rescission (or revocation) must be in writing and hand-delivered to Employer Employer’s attorneys or, if sent by mail, postmarked within the applicable time rescission period, sent by certified mail, return receipt requested, and addressed as follows: A. (1) post-marked within the seven (7) day Rescission Period or, if applicable, or fifteen (15) day Rescission Periodrescission period; B. (2) properly addressed to DiaMedica USAto: Xxxx Xxxxxxxx Senior Vice President, Inc.Global Human Resources and HPMS Tornier, Attention: Chief Executive Inc. 0000 Xxxxxx Xxxx Xxxxxxx, Xxx Xxxxxxx Xxxxxxx, Suite 260, Minneapolis, MN 55447Xxxxxxxxx 00000; and C. (3) sent by certified mail, return receipt requested. I understand that the Consideration I am receiving for settling and releasing my My Claims is contingent upon my agreement to be bound by the terms of this Release. Accordingly, if I decide to revoke this Release as provided hereinRelease, I understand that I am not entitled to the Consideration offered in the Separation Settlement Agreement. I further understand that if I attempt to revoke or rescind my release of ADEA, MHRA or any other claimsclaim, I must immediately return to Employer’s counsel designated above the Employer any Consideration that I may have received under my Separation Settlement Agreement.

Appears in 4 contracts

Samples: Resignation Agreement and Release of Claims, Resignation Agreement (Wright Medical Group N.V.), Resignation Agreement (Wright Medical Group N.V.)

Right to Rescind and/or Revoke. I understand that insofar as this Release relates to my rights under the Age Discrimination in Employment ActAct (“ADEA”), it shall not become effective or enforceable until seven (7) days after I sign it. I also have the right to rescind (or revoke) revoke this Release insofar as it extends to potential claims under the ADEA by written notice to Employer the Company within seven (7) calendar days following my signing this Release, and within fifteen (15) calendar days as to waiver of claims under the Minnesota Human Rights Act (the “Rescission Period”)Act. Any such rescission (or revocation) revocation must be in writing and hand-delivered to Employer or, if sent by mail, postmarked within the applicable time period, sent by certified mail, return receipt requested, and addressed as follows: A. post-marked within the seven (7) day Rescission Period or, if applicable, fifteen (15) day Rescission Period; B. properly addressed to DiaMedica USAan officer of the trū Shrimp Company, Inc.000 0xx Xxxxxx, Attention: Chief Executive Xxxxxxx, Xxx Xxxxxxx Xxxxxxx, Suite 260, Minneapolis, MN 55447; and C. sent by certified mail, return receipt requestedXX 00000. I understand that the Consideration payment I am receiving for settling and releasing my Claims is contingent upon my agreement to be bound by the terms of this Release. Accordingly, if If I decide to rescind or revoke this Release as provided hereinRelease, I understand that I am not entitled to the Consideration offered severance benefits set forth in the Separation AgreementAgreement to which this Release is attached. If I further understand that if I attempt to rescind or revoke my release of ADEA, MHRA or any other claimsClaim, I must immediately return to the Employer Company any Consideration consideration that I may have received under my Separation Agreementthe Agreement in consideration of this Release. Any rescission or revocation of this Release will be effective as to all Claims and not simply to any Claims under the ADEA or the Minnesota Human Rights Act.

Appears in 2 contracts

Samples: Employment Agreement (Tru Shrimp Companies, Inc.), Employment Agreement (Tru Shrimp Companies, Inc.)

Right to Rescind and/or Revoke. I understand that insofar as this Release relates to my rights under the Age Discrimination in Employment ActAct (“ADEA”), it shall not become effective or enforceable until seven (7) days after I sign it. I also have the right to rescind (or revoke) revoke this Release insofar as it extends to potential claims under the ADEA by written notice to Employer within seven (7) calendar days following my signing this Release, and within fifteen (15) calendar days as to waiver of claims under the Minnesota Human Rights Act (the “Rescission Period”)Act. Any such rescission (or revocation) revocation must be in writing and hand-delivered to Employer or, if sent by mail, postmarked within the applicable time period, sent by certified mail, return receipt requested, and addressed as follows: A. post-marked within the applicable seven (7) day Rescission Period or, if applicable, or fifteen (15) day Rescission Periodrevocation period; B. properly addressed to DiaMedica USAto: Director of Human Resources Synovis Life Technologies, Inc., Attention: Chief Executive Xxxxxxx, Xxx Xxxxxxx Xxxxxxx, Suite 260, MinneapolisInc. 0000 Xxxxxxxxxx Xxx. X. Xx. Xxxx, MN 55447; and55114 C. sent by certified mail, return receipt requested. I understand that the Consideration payment I am receiving for settling and releasing my Claims is contingent upon my agreement to be bound by the terms of this Release. Accordingly, if I decide to rescind or revoke this Release as provided hereinRelease, I understand that I am not entitled to the Consideration offered severance benefits set forth in the Separation AgreementAgreement to which this Release is attached. I further understand that if I attempt to rescind or revoke my release of ADEA, MHRA or any other claimsClaim, I must immediately return to the Employer any Consideration consideration that I may have received under my Separation Agreementthe Agreement in consideration of this Release. Any rescission or revocation of this Release will be effective as to all Claims and not simply to any Claims under the ADEA or the Minnesota Human Rights Act.

Appears in 2 contracts

Samples: Change in Control Severance Agreement (Synovis Life Technologies Inc), Change in Control Severance Agreement (Synovis Life Technologies Inc)

Right to Rescind and/or Revoke. I understand that insofar as this Release relates to my rights under the Age Discrimination in Employment ActAct (“ADEA”), it shall not become effective or enforceable until seven (7) days after I sign it. I also have the right to rescind (or revoke) revoke this Release insofar as it extends to potential claims under the ADEA by written notice to Employer within seven (7) calendar days following my signing this Release, and within fifteen (15) calendar days as to waiver of claims under the Minnesota Human Rights Act (the “Rescission Period”)Act. Any such rescission (or revocation) revocation must be in writing and hand-delivered to Employer or, if sent by mail, postmarked within the applicable time period, sent by certified mail, return receipt requested, and addressed as follows: A. post-marked within the applicable seven (7) day Rescission Period or, if applicable, or fifteen (15) day Rescission Periodrevocation period; B. properly addressed to DiaMedica USA, Inc., Attentionto: Chief Executive XxxxxxxOfficer Entellus Medical, Xxx Xxxxxxx XxxxxxxInc. 0000 Xxxxx Xxxx North, Suite 26040 Plymouth, Minneapolis, MN Minnesota 55447; and C. sent by certified mail, return receipt requested. I understand that the Consideration payment I am receiving for settling and releasing my Claims is contingent upon my agreement to be bound by the terms of this Release. Accordingly, if I decide to rescind or revoke this Release as provided hereinRelease, I understand that I am not entitled to the Consideration offered severance benefits set forth in the Separation AgreementAgreement to which this Release is attached. I further understand that if I attempt to rescind or revoke my release of ADEA, MHRA or any other claimsClaim, I must immediately return to the Employer any Consideration consideration that I may have received under my Separation Agreementthe Agreement in consideration of this Release. Any rescission or revocation of this Release will be effective as to all Claims and not simply to any Claims under the ADEA or the Minnesota Human Rights Act.

Appears in 2 contracts

Samples: Change in Control Severance Agreement, Change in Control Severance Agreement (Entellus Medical Inc)

Right to Rescind and/or Revoke. I understand that insofar as this Release relates to my rights under the Age Discrimination in Employment Act, it shall not become effective or enforceable until seven even (7) days after I sign it. I also have the right to rescind (or revoke) revoke this Release insofar as it extends to potential claims under the ADEA by written notice to Employer within seven (7) calendar days following my signing this Release, and within fifteen (15) calendar days as to waiver of claims under the Minnesota Human Rights Act (the “Rescission Period”)Act. Any such rescission (or revocation) revocation must be in writing and hand-delivered to Employer or, if sent by mail, postmarked within the applicable time period, sent by certified mail, return receipt requested, and addressed as follows: A. post-marked within the applicable seven (7) day Rescission Period or, if applicable, or fifteen (15) day Rescission Periodrevocation period; B. properly addressed to DiaMedica USAto: President Entellus Medical, Inc., Attention: Chief Executive Xxxxxxx, Xxx Xxxxxxx XxxxxxxInc. 0000 Xxxxx Xxxx North, Suite 26040 Plymouth, Minneapolis, MN 55447; and Minnesota 55447 C. sent by certified mail, return receipt requested. I understand that the Consideration payment I am receiving for settling and releasing my Claims Claim is contingent upon my agreement to be bound by the terms of this Release. Accordingly, Accordingly if I decide to rescind or revoke any portion of this Release as provided herein, I understand that I am not entitled to the Consideration offered severance benefits set forth in the Separation AgreementAgreement to which this Release is attached. I further understand that if I attempt to rescind or revoke my release of ADEA, MHRA or any other claims, Claim I must immediately return to the Employer any Consideration consideration that I may have received under my Separation Agreementthe Agreement in consideration of this Release.

Appears in 1 contract

Samples: Severance Agreement (Entellus Medical Inc)

Right to Rescind and/or Revoke. I understand that insofar as this Release relates to my My rights under the Age Discrimination in Employment Act, it shall not become effective or enforceable Act (“ADEA”) I have the right to revoke the Release until seven (7) days after I sign it. I also have the right to rescind (or revoke) this Release , and insofar as it extends relates to potential claims under the ADEA by written notice to Employer within seven (7) calendar days following my signing this Release, and within fifteen (15) calendar days as to waiver of claims My rights under the Minnesota Human Rights Act (the Rescission PeriodMHRA”), I have the right to rescind the Release until fifteen (15) days after I sign it. Any such revocation or rescission (or revocation) must be in writing and hand-delivered to Employer or, if sent by mail, postmarked within the applicable time period, sent by certified mail, return receipt requested, and addressed as follows: A. post-marked within the applicable seven (7) day Rescission Period or, if applicable, or fifteen (15) day Rescission Periodperiod; B. properly addressed to DiaMedica USAto: Xtant Medical Holdings, Inc.Inc. 600 Xxxxxxx Xxxx Xxxxxxxx, AttentionXX 00000 Attn: Chief Executive Xxxxxxx, Xxx Xxxxxxx Xxxxxxx, Suite 260, Minneapolis, MN 55447; Officer and C. sent by certified mail, return receipt requested. I understand that the Consideration I am receiving for settling and releasing my My Claims is contingent upon my My agreement to be bound by the terms of this Release. Accordingly, if I decide to rescind or revoke this Release as provided hereinRelease, I understand that I am not entitled to the Consideration offered described in the Separation Agreement. I further understand that if I attempt to rescind or revoke my My release of ADEA, MHRA or any other claimsclaim, I must immediately return to the Employer any all Consideration that I may have received under my Separation My Agreement.

Appears in 1 contract

Samples: Resignation Agreement (Xtant Medical Holdings, Inc.)

Right to Rescind and/or Revoke. I understand that insofar as this Release relates to my rights under the Age Discrimination in Employment ActAct (“ADEA’’), it shall not become effective or enforceable until seven even (7) days after I sign it. I also have the right to rescind (or revoke) revoke this Release insofar as it extends to potential claims under the ADEA by written notice to Employer within seven (7) calendar days following my signing this Release, and within fifteen (15) calendar days as to waiver of claims under the Minnesota Human Rights Act (the “Rescission Period”)Act. Any such rescission (or revocation) revocation must be in writing and hand-delivered to Employer or, if sent by mail, postmarked within the applicable time period, sent by certified mail, return receipt requested, and addressed as follows: A. post-marked within the applicable seven (7) day Rescission Period or, if applicable, or fifteen (15) day Rescission Periodrevocation period; B. properly addressed to DiaMedica USAto: President Entellus Medical, Inc., Attention: Chief Executive Xxxxxxx, Xxx Xxxxxxx XxxxxxxInc. 0000 Xxxxx Xxxx North, Suite 26040 Plymouth, Minneapolis, MN Minnesota 55447; and C. sent by certified mail, return receipt requested. I understand that the Consideration payment I am receiving for settling and releasing my Claims Claim is contingent upon my agreement to be bound by the terms of this Release. Accordingly, Accordingly if I decide to rescind or revoke this Release as provided hereinRelease, I understand that I J am not entitled to the Consideration offered severance benefits set forth in the Separation AgreementAgreement to which this Release is attached. I further understand that if I attempt to rescind or revoke my release of ADEA, MHRA or any other claims, Claim I must immediately return to the Employer any Consideration consideration that I may have received under my Separation Agreementthe Agreement in consideration of this Release. Any rescission or revocation of this Release will be effective as to all Claims and not simply to any Claims under the ADEA or the Minnesota Human Rights Act.

Appears in 1 contract

Samples: Severance Agreement (Entellus Medical Inc)

Right to Rescind and/or Revoke. I understand that insofar as this Release relates to my rights under the Age Discrimination in Employment Act, it shall not become effective or enforceable until seven even (7) days after I sign it. I also have the right to rescind (or revoke) revoke this Release insofar as it extends to potential claims under the ADEA by written notice to Employer within seven (7) calendar days following my signing this Release, and within fifteen (15) calendar days as to waiver of claims under the Minnesota Human Rights Act (the “Rescission Period”)Act. Any such rescission (or revocation) revocation must be in writing and hand-delivered to Employer or, if sent by mail, postmarked within the applicable time period, sent by certified mail, return receipt requested, and addressed as follows: A. post-marked within the applicable seven (7) day Rescission Period or, if applicable, or fifteen (15) day Rescission Periodrevocation period; B. properly addressed to DiaMedica USAto: President Entellus Medical, Inc., Attention: Chief Executive Xxxxxxx, Xxx Xxxxxxx XxxxxxxInc. 3000 Xxxxx Xxxx North, Suite 26040 Plymouth, Minneapolis, MN 55447; and Minnesota 55447 C. sent by certified mail, return receipt requested. I understand that the Consideration payment I am receiving for settling and releasing my Claims Claim is contingent upon my agreement to be bound by the terms of this Release. Accordingly, Accordingly if I decide to rescind or revoke any portion of this Release as provided herein, I understand that I am not entitled to the Consideration offered severance benefits set forth in the Separation AgreementAgreement to which this Release is attached. I further understand that if I attempt to rescind or revoke my release of ADEA, MHRA or any other claims, Claim I must immediately return to the Employer any Consideration consideration that I may have received under my Separation Agreementthe Agreement in consideration of this Release.

Appears in 1 contract

Samples: Severance Agreement (Entellus Medical Inc)

Right to Rescind and/or Revoke. I understand that insofar as this Release relates to my rights under the Age Discrimination in Employment Act, it shall not become effective or enforceable until seven (7) days after I sign it. I also have the right to rescind (or revoke) this Release insofar as it extends to potential claims under the ADEA by written notice to Employer within seven (7) calendar days following my signing this Release, and within fifteen (15) calendar days as to waiver of claims under the Minnesota Human Rights Act (the “Rescission Period”). Any such rescission (or revocation) must be in writing and hand-delivered to Employer or, if sent by mail, postmarked within the applicable time period, sent by certified mail, return receipt requested, and addressed as follows: A. post-marked within the seven (7) day Rescission Period or, if applicable, fifteen (15) day Rescission Period; B. properly addressed to DiaMedica USA, USA Inc., Attention: Chief Executive XxxxxxxOfficer, Xxx 000 Xxxxxxx Xxxxxxx, Suite 260210, Minneapolis, MN 5544755305; and C. sent by certified mail, return receipt requested. I understand that the Consideration I am receiving for settling and releasing my Claims is contingent upon my agreement to be bound by the terms of this Release. Accordingly, if I decide to revoke this Release as provided herein, I understand that I am not entitled to the Consideration offered in the Separation Agreement. I further understand that if I attempt to revoke my release of ADEA, MHRA or any other claims, I must immediately return to the Employer any Consideration that I may have received under my Separation Agreement.

Appears in 1 contract

Samples: Separation Agreement (DiaMedica Therapeutics Inc.)

Right to Rescind and/or Revoke. I understand Xxxxxx agrees, understands and acknowledges that insofar as this Release relates to my rights under the Age Discrimination in Employment Act, it shall not become effective or enforceable until seven (7) days after I sign it. I also have he has the right to rescind (or revoke) revoke this Release Settlement Agreement only insofar as it extends to potential claims under the ADEA Age Discrimination in Employment Act by written notice informing ISS of his intent to Employer within revoke this Settlement Agreement with seven (7) calendar days following my signing this Release, and within fifteen (15) calendar days as to waiver his execution of claims under the Minnesota Human Rights Act (the “Rescission Period”)it. Any such rescission (or revocation) must be in writing and hand-delivered to Employer counsel for ISS; or, if sent by mail, postmarked within the applicable time period, sent by certified mail, return receipt requested, and addressed as follows: A. post: ISS, Attention: Chairman of the Board, 500 Spruce Tree Centre, 0000 Xxxxxxxxxx Xxxxxx Xxxx, Xx. Xxxx, MN 55104-marked 3825. Xxxxxx likewise agrees, understands and acknowledges that he has the right to rescind this Settlement Agreement only insofar as it extends to potential claims under the Minnesota Human Rights Act by providing written notice of rescission to ISS within the seven (7) day Rescission Period or, if applicable, fifteen (15) day Rescission Period; B. properly addressed calendar days following his or her execution of this Settlement Agreement. Any such rescission must be in writing and hand-delivered to DiaMedica USAcounsel for ISS; or, Inc.if sent by mail, Attention: Chief Executive Xxxxxxxpostmarked within the applicable time period, Xxx Xxxxxxx Xxxxxxx, Suite 260, Minneapolis, MN 55447; and C. sent by certified mail, return receipt requested, and addressed as follows: ISS, Attention: Chairman of the Board, 500 Spruce Tree Centre, 0000 Xxxxxxxxxx Xxxxxx Xxxx, Xx. I understand Xxxx, MN 55104-3825. The Settlement Agreement will be irrevocable after such fifteen (15) day period has elapsed. Xxxxxx agrees, understands and acknowledges that if he exercises any right of rescission or revocation pursuant to this Paragraph, ISS may at its option either nullify this Settlement Agreement in its entirety or keep it in effect as to all claims not rescinded or revoked in accordance with the Consideration I am receiving for settling and releasing my Claims is contingent upon my agreement to be bound by the terms rescission or revocation provisions of this ReleaseSettlement Agreement. AccordinglyIn the event ISS opts to nullify the entire Settlement Agreement, neither Xxxxxx or ISS will have any rights or obligations whatsoever under this Settlement Agreement, and Xxxxxx shall be obligated to return all sums paid, if I decide any, pursuant to revoke this Release as provided herein, I understand that I am not entitled to the Consideration offered in the Separation Agreement. I further understand that if I attempt to revoke my release of ADEA, MHRA or any other claims, I must immediately return to the Employer any Consideration that I may have received under my Separation Settlement Agreement.

Appears in 1 contract

Samples: Settlement Agreement (Image Sensing Systems Inc)

Right to Rescind and/or Revoke. I understand that only insofar as this Release relates to my rights under the Age Discrimination in Employment ActADEA, it shall not become effective or enforceable until seven (7) days after I sign itthe Release. I also further understand that only insofar as this Release relates to my rights under the Minnesota Human Rights Act (“MHRA”), it shall not become effective or enforceable until fifteen (15) days after I sign the Release. I have the right to rescind (or revoke) this Release only insofar as it extends to potential claims under the ADEA by written notice to Employer within seven (7) calendar days following my signing this Release, and within fifteen (15) calendar days as to waiver of claims under the Minnesota Human Rights Act (the “Rescission Period”)MHRA. Any such rescission (or revocation) must be in writing and hand-delivered to Employer or, if sent by mail, postmarked within the applicable time rescission period, sent by certified mail, return receipt requested, and addressed as follows: A. post-marked within the seven (7) day Rescission Period orto Xxxxxxx Xxx, if applicableHuman Resources, fifteen (15) day Rescission Period; B. properly addressed to DiaMedica USAMOCON, Inc., Attention: Chief Executive Xxxxxxx0000 Xxxxxxxxxxx Xxx. X., Xxx Xxxxxxx XxxxxxxXxxxxxxxxxx, Suite 260, Minneapolis, MN 55447; and C. sent by certified mail, return receipt requestedXX 00000. I understand that the Consideration I am receiving for settling and releasing my My Claims is contingent upon my agreement to be bound by the terms of this Release. Accordingly, if I decide attempt to revoke this Release as provided hereinRelease, I understand that I am not entitled to the Consideration offered in the Confidential Separation Agreement. I further understand that if I attempt to revoke my release Release of ADEA, MHRA or any other claimsclaim, I must immediately return to Employer the Employer any Consideration that I may have received under my Separation Agreement.

Appears in 1 contract

Samples: Separation Agreement (Mocon Inc)

Right to Rescind and/or Revoke. I understand that insofar as this Release relates to my My rights under the Age Discrimination in Employment Act, Act (“ADEA”) it shall not become effective or enforceable until seven (7) days after I sign it, and as it relates to my claims under the Minnesota Human Rights Act (“MHRA”), it shall not become effective or enforceable until fifteen (15) days after I sign it. I also have the right to rescind (or revoke) revoke this Release insofar as it extends to potential claims under the ADEA by written notice to the Employer as set forth below within seven (7) calendar days following my My signing of this Release, and within fifteen (15) calendar days as to waiver of any claims I may have under the Minnesota Human Rights Act (the “Rescission Period”)MHRA. Any such rescission (or revocation) revocation must be in writing and hand-delivered to Employer or, if sent by mail, postmarked within the applicable time rescission or revocation period, sent by certified mail, return receipt requested, and addressed as follows: A. post-marked within the applicable seven (7) day Rescission Period or, if applicable, or fifteen (15) day Rescission Periodrescission or revocation period; B. properly addressed to DiaMedica USA, Inc., Attentionto: Chief Executive XxxxxxxOfficer Xtant Medical Holdings, Xxx Inc. 600 Xxxxxxx XxxxxxxXxxx Belgrade, Suite 260, Minneapolis, MN 55447; MT 59714 and C. sent by certified mail, return receipt requested. I understand that the Consideration I am receiving for settling and releasing my My Claims is contingent upon my My agreement to be bound by the terms of this Release. Accordingly, if I decide to rescind or revoke this Release as provided hereinRelease, I understand that I am not entitled to the Consideration offered described in the Separation Agreement. I further understand that if I attempt to rescind or revoke my My release of ADEA, MHRA or any other claimsclaim, I must immediately return to the Employer any all Consideration that I may have received under my Separation My Agreement.

Appears in 1 contract

Samples: Employment Agreement (Xtant Medical Holdings, Inc.)

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Right to Rescind and/or Revoke. I understand that insofar as this Release relates to my rights under the Age Discrimination in Employment ActADEA, it shall not become effective or enforceable until seven (7) days after I sign it. I also have the right to rescind (or revoke) this Release only insofar as it extends to potential claims under the ADEA by written notice to Employer Company within seven (7) calendar days following my signing this Release, and within fifteen (15) calendar days as to waiver of claims under the Minnesota Human Rights Act (the “Rescission Period”)Act. Any such rescission (or revocation) must be in writing and hand-delivered to Employer Company or, if sent by mail, postmarked within the applicable time period, sent by certified mail, return receipt requested, and addressed as follows: A. post-marked within the seven (7) day Rescission Period or, if applicable, or fifteen (15) day Rescission Periodperiod; B. properly addressed to DiaMedica USAXxxxx Xxxxxxxxxxx, DLJ Merchant Banking III, Inc., Attention: Chief Executive XxxxxxxEleven Xxxxxxx Xxxxxx, 00xx Xxxxx, Xxx Xxxxxxx XxxxxxxXxxx, Suite 260Xxx Xxxx 00000, Minneapolis, MN 55447; and C. sent by certified mail, return receipt requested. I understand that the Consideration payment I am receiving for settling and releasing my My Claims is contingent upon my agreement to be bound by the terms of this Release. Accordingly, if I decide to revoke this Release as provided hereinRelease, I understand that I am not entitled to the Consideration payments offered in the Separation Agreement. I further understand that if I attempt to revoke my release of ADEA, MHRA or any other claimsclaim, I must immediately return to the Employer Company’s Counsel any Consideration that consideration I may have received under my Separation Agreementreceived.

Appears in 1 contract

Samples: Agreement Regarding Terms of Resignation From Employment and Release (Jostens Holding Corp)

Right to Rescind and/or Revoke. I understand that insofar as this Release relates to my rights under the Age Discrimination in Employment ActAct (“ADEA”), it shall not become effective or enforceable until seven (7) days after I sign it. I also further understand that insofar as this Release relates to my rights under the Minnesota Human Rights Act (“MHRA”), it shall not become effective or enforceable until fifteen (15) days after I sign it. I have the right to rescind (or revoke) this Release only insofar as it extends to potential claims under the ADEA by written notice to Employer Company within seven (7) calendar days following my signing this Release, and within fifteen (15) calendar days as to waiver of claims under the Minnesota Human Rights Act (the “Rescission Period”)MHRA. Any such rescission (or revocation) must be in writing and hand-delivered to Employer Company or, if sent by mail, postmarked within the applicable time period, sent by certified mail, return receipt requested, and addressed as follows: A. post-marked within the seven (7) day Rescission Period or, if applicable, or fifteen (15) day Rescission Periodperiod; B. properly addressed to DiaMedica USAto: Xx. Xxxx Xxxxxx Vice President, Inc.Human Resources PLATO Learning, Attention: Chief Executive Xxxxxxx, Xxx Inc. 00000 Xxxxxxx Xxxxxxx, Suite 260, MinneapolisXxxxxx South Bloomington, MN 55447; and55437 C. sent by certified mail, return receipt requested. I understand that the Consideration payment I am receiving for settling and releasing my My Claims is contingent upon my agreement to be bound by the terms of this Release. Accordingly, if I decide to revoke this Release as provided hereinRelease, I understand that I am not entitled to the Consideration payments offered in the Separation Resignation Agreement. I further understand that if I attempt to revoke my release of ADEA, MHRA or any other claimsclaim, I must immediately return to the Employer Company any Consideration that I may have received under my Separation Resignation Agreement.

Appears in 1 contract

Samples: Resignation Agreement (Plato Learning Inc)

Right to Rescind and/or Revoke. I understand that insofar as this Release relates to my rights under the Age Discrimination in Employment ActAct (“ADEA”), it shall not become effective or enforceable until seven even (7) days after I sign it. I also have the right to rescind (or revoke) revoke this Release insofar as it extends to potential claims under the ADEA by written notice to Employer within seven (7) calendar days following my signing this Release, and within fifteen (15) calendar days as to waiver of claims under the Minnesota Human Rights Act (the “Rescission Period”)Act. Any such rescission (or revocation) revocation must be in writing and hand-delivered to Employer or, if sent by mail, postmarked within the applicable time period, sent by certified mail, return receipt requested, and addressed as follows: A. post-marked within the applicable seven (7) day Rescission Period or, if applicable, or fifteen (15) day Rescission Periodrevocation period; B. properly addressed to DiaMedica USAto: President Entellus Medical, Inc., Attention: Chief Executive Xxxxxxx, Xxx Xxxxxxx XxxxxxxInc. 0000 Xxxxx Xxxx North, Suite 26040 Plymouth, Minneapolis, MN Minnesota 55447; and C. sent by certified mail, return receipt requested. I understand that the Consideration payment I am receiving for settling and releasing my Claims Claim is contingent upon my agreement to be bound by the terms of this Release. Accordingly, Accordingly if I decide to rescind or revoke this Release as provided hereinRelease, I understand that I J am not entitled to the Consideration offered severance benefits set forth in the Separation AgreementAgreement to which this Release is attached. I further understand that if I attempt to rescind or revoke my release of ADEA, MHRA or any other claims, Claim I must immediately return to the Employer any Consideration consideration that I may have received under my Separation Agreementthe Agreement in consideration of this Release. Any rescission or revocation of this Release will be effective as to all Claims and not simply to any Claims under the ADEA or the Minnesota Human Rights Act.

Appears in 1 contract

Samples: Severance Agreement (Entellus Medical Inc)

Right to Rescind and/or Revoke. I understand that insofar as this Release relates to my rights under the Age Discrimination in Employment ActAct (“ADEA’’), it shall not become effective or enforceable until seven (7) days after I sign it. I also have the right to rescind (or revoke) revoke this Release insofar as it extends to potential claims under the ADEA by written notice to Employer within seven (7) calendar days following my signing this Release, and within fifteen (15) calendar days as to waiver of claims under the Minnesota Human Rights Act (the “Rescission Period”)Act. Any such rescission (or revocation) revocation must be in writing and hand-delivered to Employer or, if sent by mail, postmarked within the applicable time period, sent by certified mail, return receipt requested, and addressed as follows: A. post-marked within the applicable seven (7) day Rescission Period or, if applicable, or fifteen (15) day Rescission Periodrevocation period; B. properly addressed to DiaMedica USAto: President Entellus Medical, Inc., Attention: Chief Executive Xxxxxxx, Xxx Xxxxxxx XxxxxxxInc. 0000 Xxxxx Xxxx North, Suite 26040 Plymouth, Minneapolis, MN 55447; and Minnesota 55447 C. sent by certified mail, return receipt requested. I understand that the Consideration payment I am receiving for settling and releasing my Claims is contingent upon my agreement to be bound by the terms of this Release. Accordingly, if I decide to rescind or revoke this Release as provided hereinRelease, I understand that I am not entitled to the Consideration offered severance benefits set forth in the Separation AgreementAgreement to which this Release is attached. I further understand that if I attempt to rescind or revoke my release of ADEA, MHRA or any other claimsClaim, I must immediately return to the Employer any Consideration consideration that I may have received under my Separation Agreementthe Agreement in consideration of this Release. Any rescission or revocation of this Release will be effective as to all Claims and not simply to any Claims under the ADEA or the Minnesota Human Rights Act.

Appears in 1 contract

Samples: Change in Control Severance Agreement (Entellus Medical Inc)

Right to Rescind and/or Revoke. I understand that insofar as this Release relates to my rights under the Age Discrimination in Employment ActADEA, it shall not become effective or enforceable until seven (7) days after I sign it. I also understand that insofar as this Release relates to my rights under the MHRA, it shall not become effective or enforceable until fifteen (15) days after I sign it. I have the right to rescind (or revoke) this Release only insofar as it extends to potential claims under the ADEA by written notice to Employer Company within seven (7) calendar days following my signing this Release, and within fifteen (15) calendar days as to waiver of claims under the Minnesota Human Rights Act (the “Rescission Period”)Act. Any such rescission (or revocation) must be in writing and hand-delivered to Employer Company, attention Xxx Xxxxxxx, or, if sent by mail, postmarked within the applicable time period, sent by certified mail, return receipt requested, and addressed as follows: A. post-marked within the seven (7) day Rescission Period or, if applicable, fifteen (15) day Rescission Period; B. properly addressed to DiaMedica USA, Inc., Attention: Chief Executive Xx. Xxx Xxxxxxx, Xxx Xxxxxxx vasamed, 0000 Xxxxxx Xxxxxxxx Xxxxx, Xxxx Xxxxxxx, Suite 260XX 00000, Minneapolis, MN 55447; and C. and sent by certified mail, return receipt requested. I understand that the Consideration payment I am receiving for settling and releasing my My Claims is contingent upon my agreement to be bound by the terms of this Release. Accordingly, if I decide to revoke this Release as provided hereinRelease, I understand that I am not entitled to the Consideration payments offered in the Separation Agreement. I further understand that if I attempt to revoke my release of ADEA, MHRA or any other claims, I must immediately return to the Employer any Consideration that I may have received under my Separation attached Settlement Agreement.

Appears in 1 contract

Samples: Separation Agreement (Optical Sensors Inc)

Right to Rescind and/or Revoke. I understand that insofar as this Release relates to my rights under the Age Discrimination in Employment ActAct (“ADEA”), it shall not become effective or enforceable until seven (7) days after I sign it. I also have the right to rescind (or revoke) revoke this Release insofar as it extends to potential claims under the ADEA by written notice to Employer the Company within seven (7) calendar days following my signing this Release, and within fifteen (15) calendar days as to waiver of claims under the Minnesota Human Rights Act (the “Rescission Period”)Act. Any such rescission (or revocation) revocation must be in writing and hand-delivered to Employer or, if sent by mail, postmarked within the applicable time period, sent by certified mail, return receipt requested, and addressed as follows: A. post-marked within the seven (7) day Rescission Period or, if applicable, fifteen (15) day Rescission Period; B. properly addressed to DiaMedica USAan officer of the trū Shrimp Company, Inc.300 0xx Xxxxxx, Attention: Chief Executive Xxxxxxx, Xxx Xxxxxxx Xxxxxxx, Suite 260, Minneapolis, MN 55447; and C. sent by certified mail, return receipt requestedXX 00000. I understand that the Consideration payment I am receiving for settling and releasing my Claims is contingent upon my agreement to be bound by the terms of this Release. Accordingly, if If I decide to rescind or revoke this Release as provided hereinRelease, I understand that I am not entitled to the Consideration offered severance benefits set forth in the Separation AgreementAgreement to which this Release is attached. If I further understand that if I attempt to rescind or revoke my release of ADEA, MHRA or any other claimsClaim, I must immediately return to the Employer Company any Consideration consideration that I may have received under my Separation Agreementthe Agreement in consideration of this Release. Any rescission or revocation of this Release will be effective as to all Claims and not simply to any Claims under the ADEA or the Minnesota Human Rights Act.

Appears in 1 contract

Samples: Employment Agreement (Tru Shrimp Companies, Inc.)

Right to Rescind and/or Revoke. I understand that insofar as this Release relates to my rights under the Age Discrimination in Employment Act, it shall not become effective or enforceable until seven (7) days after I sign it. I also have the right to rescind (or revoke) this Release insofar as it extends to potential claims under the ADEA by written notice to Employer within seven (7) calendar days following my signing this Release, and within fifteen (15) calendar days as to waiver of claims under the Minnesota Human Rights Act (the “Rescission Period”). Any such rescission (or revocation) must be in writing and hand-delivered to Employer or, if sent by mail, postmarked within the applicable time period, sent by certified mail, return receipt requested, and addressed as follows: A. post-marked within the seven (7) day Rescission Period or, if applicable, fifteen (15) day Rescission Period; B. properly addressed to DiaMedica USA, Inc., Attention: Chief Executive XxxxxxxOfficer, Xxx Two Xxxxxxx XxxxxxxParkway, Suite 260Xxxxx 000, MinneapolisXxxxxxxxxxx, MN 55447XX 00000; and C. sent by certified mail, return receipt requested. I understand that the Consideration I am receiving for settling and releasing my Claims is contingent upon my agreement to be bound by the terms of this Release. Accordingly, if I decide to revoke this Release as provided herein, I understand that I am not entitled to the Consideration offered in the Separation Agreement. I further understand that if I attempt to revoke my release of ADEA, MHRA or any other claims, I must immediately return to the Employer any Consideration that I may have received under my Separation Agreement.

Appears in 1 contract

Samples: Employment Agreement (DiaMedica Therapeutics Inc.)

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