Common use of Right to Revoke and Rescind Clause in Contracts

Right to Revoke and Rescind. Xxxx is hereby informed of his right to revoke this Second Release as far as it extends to potential claims under the Age Discrimination in Employment Act (“ADEA”), 29 U.S.C. §§ 621 et seq., by written notice to Deluxe within seven (7) calendar days following Xxxx’x execution of this Second Release. Xxxx is also informed of his right to rescind his release of claims, insofar as it extends to potential claims under the Minnesota Human Rights Act (“MHRA”), by informing Deluxe of Xxxx’x intent to do so within fifteen (15) calendar days following his signing of this Second Release. Any such revocation or rescission must be made in writing and delivered by hand or by certified mail, return receipt requested, postmarked on or before the last day of the applicable revocation or rescission period to the representative identified in Section 2. If Xxxx exercises his right to revoke or rescind his release of claims under the MHRA or ADEA, Deluxe may, at its option, either nullify the Separation Agreement in its entirety, or keep it in effect in all respects other than as to that portion of the release of claims that Xxxx has revoked or rescinded. Xxxx agrees and understands that if Deluxe chooses to nullify the Separation Agreement in its entirety, Deluxe will have no obligations under the Separation Agreement or the Deluxe Corporation Severance Plan for Certain Executive Level Employees dated July 30, 2019. [Signature page to follow.]

Appears in 1 contract

Samples: Separation and Release Agreement (Deluxe Corp)

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Right to Revoke and Rescind. Xxxx is hereby informed of his right to revoke this Second Release Separation Agreement as far as it extends to potential claims under the Age Discrimination in Employment Act (“ADEA”), 29 U.S.C. §§ 621 et seq., by written notice to Deluxe within seven (7) calendar days following Xxxx’x execution of this Second ReleaseSeparation Agreement. Xxxx is also informed of his right to rescind his release of claims, insofar as it extends to potential claims under the Minnesota Human Rights Act (“MHRA”), by informing Deluxe of Xxxx’x intent to do so within fifteen (15) calendar days following his signing of this Second ReleaseSeparation Agreement. Any such revocation or rescission must be made in writing and delivered by hand or by certified mail, return receipt requested, postmarked on or before the last day of the applicable revocation or rescission period to the representative identified in Section 25. If Xxxx exercises his right to revoke or rescind his release of claims under the MHRA or ADEA, Deluxe may, at its option, either nullify the this Separation Agreement in its entirety, or keep it in effect in all respects other than as to that portion of the release of claims that Xxxx has revoked or rescinded. Xxxx agrees and understands that if Deluxe chooses to nullify the Separation Agreement in its entirety, Deluxe will have no obligations under the this Separation Agreement or the Deluxe Corporation Executive Severance Plan for Certain Executive Level Employees dated July 30, 2019. [Signature page to followPlan.]

Appears in 1 contract

Samples: Separation and Release Agreement (Deluxe Corp)

Right to Revoke and Rescind. Xxxx Xxxxxxxxx is hereby informed of his her right to revoke this Second Release Separation Agreement as far as it extends to potential claims under the Age Discrimination in Employment Act (“ADEA”), 29 U.S.C. §§ 621 et seq., . by written notice to Deluxe within seven (7) calendar days following Xxxx’x Xxxxxxxxx’x execution of this Second ReleaseSeparation Agreement. Xxxx Xxxxxxxxx is also informed of his her right to rescind his her release of claims, insofar as it extends to potential claims under the Minnesota Human Rights Act (“MHRA”), by informing Deluxe of Xxxx’x Xxxxxxxxx’x intent to do so within fifteen (15) calendar days following his her signing of this Second ReleaseSeparation Agreement. Any such revocation or rescission must be made in writing and delivered by hand or by certified mail, return receipt requested, postmarked on or before the last day of the applicable revocation or rescission period to the representative identified in Section 25. If Xxxx Xxxxxxxxx exercises his her right to revoke or rescind his her release of claims under the MHRA or ADEA, Deluxe may, at its option, either nullify the this Separation Agreement in its entirety, or keep it in effect in all respects other than as to that portion of the release of claims that Xxxx Xxxxxxxxx has revoked or rescinded. Xxxx Xxxxxxxxx agrees and understands that if Deluxe chooses to nullify the Separation Agreement in its entirety, Deluxe will have no obligations under the this Separation Agreement or the Deluxe Corporation Severance Plan for Certain Executive Level Employees dated July 30, 2019. [Signature page to followAgreement.]

Appears in 1 contract

Samples: Separation and Release Agreement (Deluxe Corp)

Right to Revoke and Rescind. Xxxx Xx. Xxxxxxx is hereby informed of his her right to revoke her release of claims under this Second Release as far Exhibit A, insofar as it extends to potential claims under the Age Discrimination in Employment Act (“ADEA”), 29 U.S.C. §§ 621 et seq.Act, by written notice informing CyberOptics of her intent to Deluxe do so within seven (7) calendar days following Xxxx’x execution your signing of this Second ReleaseExhibit A. Xx. Xxxx Xxxxxxx is also informed of his her right to rescind his her release of claims, insofar as it extends to potential claims under the Minnesota Human Rights Act (“MHRA”)Act, by informing Deluxe of Xxxx’x intent delivering a written rescission to do so CyberOptics within fifteen (15) calendar days following his after your signing of this Second ReleaseExhibit A. These rescission and revocation periods will run concurrently. Any Xx. Xxxxxxx understands that any such revocation or rescission must be made in writing and delivered by hand or by certified mail, return receipt requested, postmarked on or before the last day of within the applicable revocation or rescission period to the representative identified in Section 2Chief Financial Officer, CyberOptics Corporation, 0000 Xxxxxx Xxxxx Xxxxx, Xxxxxxxxxxx, XX 00000. If Xxxx Xx. Xxxxxxx exercises his her right to revoke or rescind his any portion of this release of claims under the MHRA or ADEAclaims, Deluxe CyberOptics may, at its option, either nullify the Separation Agreement and this Exhibit A in its their entirety, or keep it them in effect in all respects other than as to that portion of the your release of claims that Xxxx Xx. Xxxxxxx has revoked or rescinded. Xxxx agrees and understands rescinded (except that if Deluxe chooses to nullify your employment ended on the Separation Agreement in its entirety, Deluxe will have no obligations under the Separation Agreement or the Deluxe Corporation Severance Plan for Certain Executive Level Employees dated July 30, 2019. [Signature page to followTermination Date).]

Appears in 1 contract

Samples: Separation Agreement (Cyberoptics Corp)

Right to Revoke and Rescind. Xxxx Xxxxx is hereby informed of his right to revoke this Second Release Separation Agreement as far as it extends to potential claims under the Age Discrimination in Employment Act (“ADEA”), 29 U.S.C. §§ 621 et seq., . by written notice to Deluxe within seven (7) calendar days following Xxxx’x Xxxxx’x execution of this Second ReleaseSeparation Agreement. Xxxx Xxxxx is also informed of his right to rescind his release of claims, insofar as it extends to potential claims under the Minnesota Human Rights Act (“MHRA”), by informing Deluxe of Xxxx’x Xxxxx’x intent to do so within fifteen (15) calendar days following his signing of this Second ReleaseSeparation Agreement. Any such revocation or rescission must be made in writing and delivered by hand or by certified mail, return receipt requested, postmarked on or before the last day of the applicable revocation or rescission period to the representative identified in Section 2paragraph 4. If Xxxx Xxxxx exercises his right to revoke or rescind his release of claims under the MHRA or ADEA, Deluxe may, at its option, either nullify the this Separation Agreement in its entirety, or keep it in effect in all respects other than as to that portion of the release of claims that Xxxx Xxxxx has revoked or rescinded. Xxxx Xxxxx agrees and understands that if Deluxe chooses to nullify the Separation Agreement in its entirety, Deluxe will have no obligations under the this Separation Agreement or the Deluxe Corporation Severance Plan for Certain Executive Level Employees dated July 30, 2019. [Signature page to followAgreement.]

Appears in 1 contract

Samples: Separation and Release Agreement (Deluxe Corp)

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Right to Revoke and Rescind. Xxxx Xxxxxxxxx is hereby informed of his her right to revoke this Second Release as far as it extends to potential claims under the Age Discrimination in Employment Act (“ADEA”), 29 U.S.C. §§ 621 et seq., . by written notice to Deluxe within seven (7) calendar days following Xxxx’x Xxxxxxxxx’x execution of this Second Release. Xxxx Xxxxxxxxx is also informed of his her right to rescind his her release of claims, insofar as it extends to potential claims under the Minnesota Human Rights Act (“MHRA”), by informing Deluxe of Xxxx’x Xxxxxxxxx’x intent to do so within fifteen (15) calendar days following his her signing of this Second Release. Any such revocation or rescission must be made in writing and delivered by hand or by certified mail, return receipt requested, postmarked on or before the last day of the applicable revocation or rescission period to the representative identified in Section 2. If Xxxx Xxxxxxxxx exercises his her right to revoke or rescind his her release of claims under the MHRA or ADEA, Deluxe may, at its option, either nullify the Separation Agreement in its entirety, or keep it in effect in all respects other than as to that portion of the release of claims that Xxxx Xxxxxxxxx has revoked or rescinded. Xxxx Xxxxxxxxx agrees and understands that if Deluxe chooses to nullify the Separation Agreement in its entirety, Deluxe will have no obligations under the Separation Agreement or the Deluxe Corporation Severance Plan for Certain Executive Level Employees dated July 30, 2019. [Signature page to followAgreement.]

Appears in 1 contract

Samples: Separation and Release Agreement (Deluxe Corp)

Right to Revoke and Rescind. Xxxx XxXxxxxxx is hereby informed of his right to revoke this Second Release Separation Agreement as far as it extends to potential claims under the Age Discrimination in Employment Act (“ADEA”), 29 U.S.C. §§ 621 et seq., by written notice to Deluxe within seven (7) calendar days following Xxxx’x XxXxxxxxx’x execution of this Second ReleaseSeparation Agreement. Xxxx XxXxxxxxx is also informed of his right to rescind his release of claims, insofar as it extends to potential claims under the Minnesota Human Rights Act (“MHRA”), by informing Deluxe of Xxxx’x XxXxxxxxx’x intent to do so within fifteen (15) calendar days following his signing of this Second ReleaseSeparation Agreement. Any such revocation or rescission must be made in writing and delivered by hand or by certified mail, return receipt requested, postmarked on or before the last day of the applicable revocation or rescission period to the representative identified in Section 25. If Xxxx XxXxxxxxx exercises his right to revoke or rescind his release of claims under the MHRA or ADEA, Deluxe may, at its option, either nullify the this Separation Agreement in its entirety, or keep it in effect in all respects other than as to that portion of the release of claims that Xxxx XxXxxxxxx has revoked or rescinded. Xxxx XxXxxxxxx agrees and understands that if Deluxe chooses to nullify the Separation Agreement in its entirety, Deluxe will have no obligations under this Separation Agreement, the Separation Agreement Severance Agreement, or the Deluxe Corporation Severance Plan for Certain Executive Level Employees dated July 30, 2019. [Signature page to followLetter Retention Agreement.]

Appears in 1 contract

Samples: Separation and Release Agreement (Deluxe Corp)

Right to Revoke and Rescind. Xxxx XxXxxxxxx is hereby informed of his right to revoke this Second Release as far as it extends to potential claims under the Age Discrimination in Employment Act (“ADEA”), 29 U.S.C. §§ 621 et seq., by written notice to Deluxe within seven (7) calendar days following Xxxx’x XxXxxxxxx’x execution of this Second Release. Xxxx XxXxxxxxx is also informed of his right to rescind his release of claims, insofar as it extends to potential claims under the Minnesota Human Rights Act (“MHRA”), by informing Deluxe of Xxxx’x XxXxxxxxx’x intent to do so within fifteen (15) calendar days following his signing of this Second Release. Any such revocation or rescission must be made in writing and delivered by hand or by certified mail, return receipt requested, postmarked on or before the last day of the applicable revocation or rescission period to the representative identified in Section 2. If Xxxx XxXxxxxxx exercises his right to revoke or rescind his release of claims under the MHRA or ADEA, Deluxe may, at its option, either nullify the Separation Agreement in its entirety, or keep it in effect in all respects other than as to that portion of the release of claims that Xxxx XxXxxxxxx has revoked or rescinded. Xxxx XxXxxxxxx agrees and understands that if Deluxe chooses to nullify the Separation Agreement in its entirety, Deluxe will have no obligations under the Separation Agreement, Severance Agreement between XxXxxxxxx and Deluxe dated May 19, 2008, or the letter agreement between XxXxxxxxx and Deluxe Corporation Severance Plan for Certain Executive Level Employees dated July April 30, 2019. [Signature page to follow2018.]

Appears in 1 contract

Samples: Separation and Release Agreement (Deluxe Corp)

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