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 (“ADEA”), it shall not become effective or enforceable until seven (7) days after I sign it. I also have the right to 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 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”), 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 MHRA. Any such rescission must be in writing and hand-delivered to Employer’s attorneys or, if sent by mail, postmarked within the applicable rescission period, sent by certified mail, return receipt requested, and addressed as follows:

Appears in 4 contracts

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

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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 Act (“ADEA”), it shall not become effective or enforceable until seven (7) days after I sign it. I also have the right to revoke this Release insofar as it extends to potential claims under the ADEA by written notice to the Employer Company within seven (7) calendar days following the date I sign my signing this Release. I understand that insofar as this Release relates to my rights or potential claims 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 this Release only insofar as it extends to potential claims under the MHRA, and within fifteen (15) calendar days as to waiver of claims under the MHRAMinnesota Human Rights Act. Any such rescission revocation must be in writing and hand-delivered to Employer’s attorneys Employer or, if sent by mail, postmarked within the applicable rescission period, sent by certified mail, return receipt requested, properly addressed to an officer of the trū Shrimp Company, 000 0xx Xxxxxx, Xxxxxxx, XX 00000. I understand that the payment I am receiving for settling and addressed releasing my Claims is contingent upon my agreement to be bound by the terms of this Release. If I decide to rescind or revoke this Release, I am not entitled to the severance benefits set forth in the Agreement to which this Release is attached. If I rescind or revoke my release of any Claim, I must immediately return to the Company any consideration that I have received under the Agreement in consideration of this Release. Any rescission or revocation of this Release will be effective as follows: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 Act (“ADEA”), it shall not become effective or enforceable until seven (7) days after I sign it. I also have the right to revoke this Release insofar as it extends to potential claims under the ADEA by written notice to the Employer Company within seven (7) calendar days following the date I sign my signing this Release. I understand that insofar as this Release relates to my rights or potential claims 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 this Release only insofar as it extends to potential claims under the MHRA, and within fifteen (15) calendar days as to waiver of claims under the MHRAMinnesota Human Rights Act. Any such rescission revocation must be in writing and hand-delivered to Employer’s attorneys Employer or, if sent by mail, postmarked within the applicable rescission period, sent by certified mail, return receipt requested, properly addressed to an officer of the trū Shrimp Company, 300 0xx Xxxxxx, Xxxxxxx, XX 00000. I understand that the payment I am receiving for settling and addressed releasing my Claims is contingent upon my agreement to be bound by the terms of this Release. If I decide to rescind or revoke this Release, I am not entitled to the severance benefits set forth in the Agreement to which this Release is attached. If I rescind or revoke my release of any Claim, I must immediately return to the Company any consideration that I have received under the Agreement in consideration of this Release. Any rescission or revocation of this Release will be effective as follows: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.)

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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 (“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 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 the date I sign My signing of this Release. I understand that insofar as this Release relates to my rights or potential claims 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 this Release only insofar as it extends to potential claims under the MHRA, and within fifteen (15) calendar days as to waiver of any claims I may have under the MHRA. Any such rescission or revocation must be in writing and hand-delivered to Employer’s attorneys Employer or, if sent by mail, postmarked within the applicable rescission or revocation period, sent by certified mail, return receipt requested, and addressed as follows:

Appears in 1 contract

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

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