Common use of RIGHT TO REVIEW AND REVOKE Clause in Contracts

RIGHT TO REVIEW AND REVOKE. The Company delivered this Agreement to Employee on December 13, 2013 by hand delivery and desires that she have adequate time and opportunity to review and understand the consequences of entering into it. Accordingly, the Company advises her to consult with her attorney prior to executing it and that she has 21 days within which to consider it. Employee may not sign this Agreement until after her Effective Separation Date. In the event that she does not return an executed copy of the Agreement to Xxxx Xxxxxxxxx, POZEN Inc., 0000 Xxxxxxx Xxxx, Xxxxx 000, Xxxxxx Xxxx, XX 00000 by no later than the 22nd calendar day after receiving it, it and the obligations of the Company herein shall become null and void and Employee shall receive the compensation and benefits as set forth above in paragraph 2, and nothing more. Employee may revoke the Agreement during the seven (7) day period immediately following her execution of it. The Agreement will not become effective or enforceable until the revocation period has expired. To revoke the Agreement, a written notice of revocation must be delivered to Xxxx Xxxxxxxxx at the above address.

Appears in 1 contract

Samples: Severance Agreement (Pozen Inc /Nc)

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RIGHT TO REVIEW AND REVOKE. The Company delivered this Agreement to Employee on December 13November 2, 2013 2019 by hand delivery and desires that she s/he have adequate time and opportunity to review and understand the consequences of entering into it. Accordingly, the Company advises her her/him to consult with her her/his attorney prior to executing it and that she s/he has 21 days within which to consider it. Employee may not sign this Agreement until after her Effective Separation Date. In the event that she s/he does not return an executed copy of the Agreement to Xxxx XxxxxxxxxXxxxxxxxx Xxxxxxxx, POZEN Inc.Vice President, Human Resources, 0000 Xxxxxxx Xxxx, Xxxxx 000, Xxxxxx XxxxXxxxxx, XX 00000 by no later than the 22nd calendar day after receiving it, it this Agreement and the obligations of the Company herein shall become null and void and Employee shall Employee’s employment will terminate on the effective termination date and s/he will receive base pay (less applicable deductions) through the compensation and benefits as set forth above in paragraph 2, effective termination date and nothing more. Employee may revoke the Agreement during the seven (7) day period immediately following her her/his execution of it. The Agreement will not become effective or enforceable until the revocation period has expired. To revoke the Agreement, a written notice of revocation must be delivered to Xxxx Xxxxxxxxx Xxxxxxxx at the above addressaddress above.

Appears in 1 contract

Samples: Agreement (Biocryst Pharmaceuticals Inc)

RIGHT TO REVIEW AND REVOKE. The Company hand delivered this Agreement to Employee on December 139, 2013 by hand delivery 2008 and desires that she he have adequate time and opportunity to review and understand the consequences of entering into it. Accordingly, the Company advises her him to consult with her an attorney prior to executing it and it, that she he has 21 twenty-one days within which to consider it. Employee , and that he may not sign this Agreement until after her Effective Separation execute it prior to the Termination Date. In the event that she he does not return an executed copy of the Agreement to Xxxx Xxxxxxxxx, POZEN Inc., 0000 Xxxxxxx Xxxx, Xxxxx 000, Xxxxxx Xxxx, XX 00000 the Company by no later than the 22nd calendar day after receiving it, it and the obligations of the Company herein shall become null and void and Employee shall receive the compensation and benefits as set forth above in paragraph 2, and nothing morevoid. Employee may revoke the Agreement during the seven (7) day period immediately following her his execution of it. The Agreement will not become effective or enforceable until the revocation period has expired. To revoke the Agreement, a written notice of revocation must be delivered to Xxxx Xxxxxxxxx at the above addressXxxxxx Xxx, Smart Online, Inc., 0000 Xxxxxxxx Xxxxxxx, 0xx Xxxxx, Xxxxxx, Xxxxx Xxxxxxxx 00000.

Appears in 1 contract

Samples: Separation Agreement and General Release (Smart Online Inc)

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RIGHT TO REVIEW AND REVOKE. The Company delivered this Agreement to Employee on December 13March 8, 2013 2017 by hand email delivery to his counsel and desires that she he have adequate time and opportunity to review and understand the consequences of entering into it. Accordingly, the Company advises her him to consult with her his attorney prior to executing it and that she he has 21 twenty-one (21) days within which to consider it. Employee may not sign this Agreement until after her Effective Separation Date. In the event that she Employee does not return an executed copy of the this Agreement to Xxxx Xxxxxxxxx, POZEN Inc., 0000 Xxxxxxx XxxxXxxxxxxx X. Xxxxxxx, Xxxxx 000Xxxxxxxx Xxxxxx Xxxxxxx Xxxxxxxx & Xxxxxxxx, Xxxxxx XxxxL.L.P., XX 000 Xxxxxxxxxxxx Xxxxxx, Xxxxx 0000, Xxxxxxx, Xxxxx Xxxxxxxx 00000 by no later than the 22nd twenty-second (22nd) calendar day after receiving it, it this Agreement and the obligations of the Company herein shall become null and void and Employee shall receive the compensation and benefits as set forth above in paragraph 2, and nothing morevoid. Employee may revoke the this Agreement during the seven (7) day period immediately following her his execution of it. The Agreement will not become effective or enforceable until the revocation period has expired. To revoke the Agreement, a written notice of revocation must be delivered to Xxxx Xxxxxxxxx Xxxxxxxx X. Xxxxxxx at the above address.

Appears in 1 contract

Samples: Separation of Employment Agreement (Charles & Colvard LTD)

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