Common use of Right to Rescind or Revoke Clause in Contracts

Right to Rescind or Revoke. Wall understands that he has the right to rescind or revoke this Agreement and the General Release for any reason within 15 calendar days after he signs them. Wall understands that this Agreement and the General Release will not become effective or enforceable unless and until he has not rescinded this Agreement and the General Release and the applicable rescission period has expired. Wall understands that if he wishes to rescind, the rescission must be in writing and hand-delivered or mailed to the Company. If hand-delivered, the rescission must be: (a) addressed to Xxxxx X. Xxxx, Xx., Chief Executive Officer, Digi International Inc., 00000 Xxxx Xxxx Xxxx, Xxxxxxxxxx, XX 55343 and (b) delivered to Xxxxx X. Xxxx, Xx. within the 15-day period. If mailed, the rescission must be: (a) postmarked within the 15-day period; (b) addressed to Xxxxx X. Xxxx, Xx., Chief Executive Officer, Digi International Inc., 00000 Xxxx Xxxx Xxxx, Xxxxxxxxxx, XX 00000 and (c) sent by certified mail, return receipt requested. Whether hand-delivered or mailed, Wall will, in addition, simultaneously provide a copy of his rescission to the Company's Director of Human Resources, at the address of the Company listed in this paragraph.

Appears in 2 contracts

Samples: Separation Agreement (Digi International Inc), Separation Agreement (Digi International Inc)

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Right to Rescind or Revoke. Wall Xxxxxx understands that he has the right to rescind or revoke this Agreement and the General Xxxxxx Release for any reason within 15 calendar days after he signs themthem (which 15-day period expressly includes any other shorter time periods provided by law). Wall Xxxxxx understands that this Agreement and the General Xxxxxx Release will not become effective or enforceable unless and until he has not rescinded this Agreement and the General Xxxxxx Release and the any applicable rescission period has expired. Wall Xxxxxx understands that if he wishes to rescind, the rescission must be in writing and hand-hand delivered or mailed to the Company. If hand-delivered, the rescission must be: be (a) addressed to Xxxxx X. Xxxxthe CEO, Xx., Chief Executive Officer, Digi International Inc.Minntech Corporation, 00000 Xxxx Xxxx Xxxx00xx Xxxxxx Xxxxx, XxxxxxxxxxXxxxxxxxxxx, XX 55343 Xxxxxxxxx 00000; and (b) delivered to Xxxxx X. Xxxx, Xx. the CEO within the 15-day period. If mailed, the rescission must be: (a) postmarked within the 15-day period; (b) addressed to Xxxxx X. XxxxCEO, Xx., Chief Executive Officer, Digi International Inc.Minntech Corporation, 00000 Xxxx Xxxx Xxxx00xx Xxxxxx Xxxxx, XxxxxxxxxxXxxxxxxxxxx, XX 00000 Xxxxxxxxx 00000; and (c) sent by certified mail, return receipt requested. Whether hand-delivered or mailed, Wall will, in addition, simultaneously provide a copy of his rescission to the Company's Director of Human Resources, at the address of the Company listed in this paragraph.

Appears in 1 contract

Samples: Separation and Consulting Agreement (Minntech Corp)

Right to Rescind or Revoke. Wall Xxxx understands that he has the right to rescind or revoke this Agreement and the General Xxxx Release for any reason within 15 calendar days after he signs them. Wall Xxxx understands that this Agreement and the General Xxxx Release will not become effective or enforceable unless and until he has not rescinded this Agreement and the General Xxxx Release and the applicable rescission period has expired. Wall Xxxx understands that if he wishes to rescind, the rescission must be in writing and hand-delivered or mailed to the Company. If hand-delivered, the rescission must be: (a) addressed to Xxxxx Xxxx X. XxxxXxxxxxx, Xx., Chief Executive OfficerChairman of the Board, Digi International Inc., 00000 Xxxx Xxxx Xxxx, Xxxxxxxxxx, XX 55343 00000 and (b) delivered to Xxxxx X. Xxxx, Xx. Xxxxxxx within the 15-day period. If mailed, the rescission must be: (a) postmarked within the 15-day period; (b) addressed to Xxxxx Xxxx X. XxxxXxxxxxx, Xx., Chief Executive OfficerChairman of the Board, Digi International Inc., 00000 Xxxx Xxxx Xxxx, Xxxxxxxxxx, XX 00000 and (c) sent by certified mail, return receipt requested. Whether hand-delivered or mailed, Wall Xxxx will, in addition, simultaneously provide a copy copies of his rescission to the Company's Director of Human Resources, Resources at the address of the Company listed in this paragraph.paragraph and to Faegre & Xxxxxx, 2200 Norwest Center, 00 Xxxxx Xxxxxxx Xxxxxx, Xxxxxxxxxxx, XX 00000-0000, Attention: Xxxxx X. Xxxxxxxxx. STRICTLY CONFIDENTIAL

Appears in 1 contract

Samples: Separation Agreement

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Right to Rescind or Revoke. Wall Xxxx understands that he has the right to rescind or revoke this Agreement and the General Xxxx Release for any reason within 15 calendar days after he signs them. Wall Xxxx understands that this Agreement and the General Xxxx Release will not become effective or enforceable unless and until he has not rescinded this Agreement and the General Xxxx Release and the applicable rescission period has expired. Wall Xxxx understands that if he wishes to rescind, the rescission must be in writing and hand-delivered or mailed to the Company. If hand-delivered, the rescission must be: (a) addressed to Xxxxx Xxxx X. XxxxXxxxxxx, Xx., Chief Executive OfficerChairman of the Board, Digi International Inc., 00000 Xxxx Xxxx Xxxx, Xxxxxxxxxx, XX 55343 00000 and (b) delivered to Xxxxx X. Xxxx, Xx. Xxxxxxx within the 15-day period. If mailed, the rescission must be: (a) postmarked within the 15-day period; (b) addressed to Xxxxx Xxxx X. XxxxXxxxxxx, Xx., Chief Executive OfficerChairman of the Board, Digi International Inc., 00000 Xxxx Xxxx Xxxx, Xxxxxxxxxx, XX 00000 and (c) sent by certified mail, return receipt requested. Whether hand-delivered or mailed, Wall Xxxx will, in addition, simultaneously provide a copy copies of his rescission to the Company's Director of Human Resources, Resources at the address of the Company listed in this paragraphparagraph and to Faegre & Xxxxxx, 2200 Norwest Center, 00 Xxxxx Xxxxxxx Xxxxxx, Xxxxxxxxxxx, XX 00000-0000, Attention: Xxxxx X. Xxxxxxxxx.

Appears in 1 contract

Samples: Separation Agreement (Digi International Inc)

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