Common use of Right to Revoke and Effective Date Clause in Contracts

Right to Revoke and Effective Date. Once you have signed and returned this Letter Agreement, you have the right to revoke and withdraw your acceptance of it at any time within seven (7) days after the date on which you signed this Letter Agreement. If you wish to revoke or withdraw your acceptance of this Letter Agreement, you will need to do so in writing. Your written revocation/withdrawal must be received by the Company by 5:00 p.m., central time, on the seventh (7th) day following the date on which you signed this Letter Agreement. This Letter Agreement will become effective on the eighth (8th) day after the date on which you signed this Letter Agreement, provided you do not revoke or withdraw your acceptance and signature during the seven (7) day revocation period.

Appears in 8 contracts

Samples: Employment Agreement (Smith Electric Vehicles Corp.), Employment Agreement (Smith Electric Vehicles Corp.), Employment Agreement (Smith Electric Vehicles Corp.)

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