Common use of Special ADEA Waiver and Release Notification Clause in Contracts

Special ADEA Waiver and Release Notification. (a) The General Release, Paragraph B.2. above, of this Separation Agreement, includes a waiver and release of all claims under the Age Discrimination in Employment Act (“ADEA”) and, therefore, pursuant to the requirements of the ADEA, Associate acknowledges that Associate has been: (i) advised that the waiver and release includes, but is not limited to, all claims under the ADEA arising up to and including the date of execution of this waiver and release; (ii) advised to consult with an attorney and/or other advisor concerning Associate’s rights and obligations under this Separation Agreement prior to Associate’s execution of it. Associate understands that whether or not to do so is Associate’s decision. Associate agrees, however, that except as provided in B.1.(c), AMERIGROUP shall not be required to pay any of Associate’s attorney’s fees related to this matter; and (iii) advised that Associate has at least twenty-one (21) days within which to consider this Separation Agreement; and (iv) advised that Associate may revoke this Separation Agreement within seven (7) days of Associate’s signing it. Revocation can be made by delivering a written notice of revocation to Xxxxxxx X. Xxxxxxx, General Counsel, AMERIGROUP Corporation, 0000 Xxxxxxxxxxx Xxxx, Xxxxxxxx Xxxxx, Xxxxxxxx 00000. For such revocation to be effective, Xx. Xxxxxxx must receive notice no later than 5:00 p.m. on the seventh (7th) calendar day after Associate signs this Separation Agreement. If Associate revokes this Separation Agreement it shall not be effective or enforceable and Associate will not receive the benefits described in Paragraph B.1.(a) (i) and (iii), (c), and (d).

Appears in 1 contract

Samples: Separation Agreement (Amerigroup Corp)

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Special ADEA Waiver and Release Notification. I undestand that the provisions contained in this Section VI are applicable only if I am at least forty (a40) The General Release, Paragraph B.2years old when I sign this Agreement. 1. above, Section V of this Separation Agreement, Agreement includes a waiver and release of all claims under the Age Discrimination in Employment Act (“ADEA”) ADEA and, therefore, pursuant to the requirements of the ADEA, Associate acknowledges I acknowledge that Associate has I have been: (ia) advised that the waiver and release includes, but is not limited to, all claims under the ADEA arising up to and including the date of execution of this waiver and release; (iib) advised to consult with an attorney and/or other advisor concerning Associate’s my rights and obligations under this Separation Agreement prior to Associate’s execution of my signing it. Associate understands ; I understand that whether or not to do so is Associate’s my decision. Associate agrees, however, I agree that except as provided in B.1.(c), AMERIGROUP neither the Company nor the Company Parties shall not be required to pay any of Associate’s my attorney’s fees related to in connection with my consideration of this matter; andAgreement, and that the benefits and payments promised in Section III are in full and complete settlement of all matters between me and the Company, including but not limited to, attorney’s fees and costs; (iiic) advised that Associate has I have at least twenty-one (21) days within which to consider this Separation Agreement; and (ivd) advised that Associate I may revoke the portion of this Separation Agreement that releases claims under the ADEA within seven (7) days of Associate’s my signing it. Revocation can be made by delivering a written notice of revocation to Xxxxxxx X. Xxxxxxx, General Counsel, AMERIGROUP Corporation, 0000 Xxxxxxxxxxx Xxxx, Xxxxxxxx Xxxxx, Xxxxxxxx 00000. For I acknowledge that for such revocation to be effective, Xx. Xxxxxxx the notice must receive notice be postmarked no later than 5:00 p.m. on the seventh (7th) calendar day after Associate signs I signed this Separation Agreement. If Associate revokes I understand that if I revoke this Separation Agreement Agreement, or any part of this Agreement, it shall not be effective or enforceable and Associate I will not receive the benefits and payments described in Paragraph B.1.(a) (i) and (iii), (c), and (d)Section III.

Appears in 1 contract

Samples: Separation and Release Agreement (Amerigroup Corp)

Special ADEA Waiver and Release Notification. (a) The General Release, Paragraph B.2. paragraph 2 above, of this Separation Agreement, includes a waiver and release of all claims under the Age Discrimination in Employment Act (“ADEA”) and, therefore, pursuant to the requirements of the ADEA, Associate acknowledges that Associate has been: (i) advised that the waiver and release includes, but is not limited to, all claims under the ADEA arising up to and including the date of execution of this waiver and release; (ii) advised to consult with an attorney and/or other advisor concerning Associate’s rights and obligations under this Separation Agreement prior to Associate’s execution of it. Associate understands that whether or not to do so is Associate’s decision. Associate agrees, however, that except as provided in B.1.(c), AMERIGROUP shall not be required to pay any of Associate’s attorney’s fees in this or any related to this matter; andmatter or lawsuit, now or later, and that the settlement monies received in Paragraph B.1 are in full and complete settlement of all matters between Associate and AMERIGROUP, including but not limited to, attorney’s fees and costs; (iii) advised that Associate has at least twenty-one (21) days within which to consider this Separation Agreement; and (iv) advised that Associate may revoke this Separation Agreement within seven (7) days of Associate’s signing it. Revocation can be made by delivering a written notice of revocation to Xxxxxxx X. Xxxxxxx, General Counsel, AMERIGROUP Corporation, 0000 Xxxxxxxxxxx Xxxx, Xxxxxxxx Xxxxx, Xxxxxxxx 00000. For such revocation to be effective, Xx. Xxxxxxx must receive notice no later than 5:00 p.m. on the seventh (7th) calendar day after Associate signs this Separation Agreement. If Associate revokes this Separation Agreement it shall not be effective or enforceable and Associate will not receive the benefits described in Paragraph B.1.(a) (i) and (iii), (c), and (d)B.1.

Appears in 1 contract

Samples: Separation Agreement (Amerigroup Corp)

Special ADEA Waiver and Release Notification. (a) The General Release, Paragraph B.2. Section 1 above, of this Separation Release Agreement, includes a waiver and release of all claims under the Age Discrimination in Employment Act (“ADEA”) and, therefore, pursuant to the requirements of the ADEA, Associate Executive acknowledges that Associate Executive has been: (i) advised that the waiver and release includes, but is not limited to, all claims under the ADEA arising up to and including the date of execution of this waiver and release; (ii) advised to consult with an attorney and/or other advisor concerning AssociateExecutive’s rights and obligations under this Separation Release Agreement prior to AssociateExecutive’s execution of it. Associate Executive understands that whether or not to do so is AssociateExecutive’s decision. Associate Executive agrees, however, that except as provided in B.1.(c), AMERIGROUP shall not be required to pay any of AssociateExecutive’s attorney’s fees in this or any related to this matter; andmatter or lawsuit, now or later, and that the payments and benefits referenced above are in full and complete settlement of all matters between Executive and AMERIGROUP, including but not limited to, attorney’s fees and costs; (iii) advised that Associate has given at least twenty-one (21) days within which to consider this Separation Release Agreement; and (iv) advised that Associate Executive may revoke this Separation Release Agreement within seven (7) days of AssociateExecutive’s signing it. Revocation can be made by delivering a written notice of revocation to Xxxxxxx X. Xxxxxxx, General Counsel, AMERIGROUP Corporation, 0000 Xxxxxxxxxxx Xxxx, Xxxxx 000, Xxxxxxxx Xxxxx, Xxxxxxxx 00000. For such revocation to be effective, Xx. Xxxxxxx must receive notice no later than 5:00 p.m. on the seventh (7th) calendar day after Associate Executive signs this Separation Release Agreement. If Associate Executive revokes this Separation Agreement Release Agreement, it shall not be effective or enforceable and Associate Executive will not receive the payments or benefits described set forth in Paragraph B.1.(a) (i) Sections 2 and (iii), (c), 4.2 of the Retirement and (d)Consulting Agreement.

Appears in 1 contract

Samples: Retirement and Consulting Agreement (Amerigroup Corp)

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Special ADEA Waiver and Release Notification. (a) The General Release, Paragraph B.2. Section 1 above, of this Separation Release Agreement, includes a waiver and release of all claims under the Age Discrimination in Employment Act (“ADEA”) and, therefore, pursuant to the requirements of the ADEA, Associate Executive acknowledges that Associate Executive has been: (i) advised that the waiver and release includes, but is not limited to, all claims under the ADEA arising up to and including the date of execution of this waiver and release; (ii) advised to consult with an attorney and/or other advisor concerning AssociateExecutive’s rights and obligations under this Separation Release Agreement prior to AssociateExecutive’s execution of it. Associate Executive understands that whether or not to do so is AssociateExecutive’s decision. Associate Executive agrees, however, that except as provided in B.1.(c), AMERIGROUP shall not be required to pay any of AssociateExecutive’s attorney’s fees in this or any related to this matter; andmatter or lawsuit, now or later, and that the payments and benefits referenced above are in full and complete settlement of all matters between Executive and AMERIGROUP, including but not limited to, attorney’s fees and costs; (iii) advised that Associate has given at least twenty-one (21) days within which to consider this Separation Release Agreement; and (iv) advised that Associate Executive may revoke this Separation Release Agreement within seven (7) days of AssociateExecutive’s signing it. Revocation can be made by delivering a written notice of revocation to Xxxxxxx X. Xxxxxxx, General Counsel, AMERIGROUP Corporation, 0000 Xxxxxxxxxxx Xxxx, Xxxxx 000, Xxxxxxxx Xxxxx, Xxxxxxxx 00000. For such revocation to be effective, Xx. Xxxxxxx the General Counsel must receive notice no later than 5:00 p.m. on the seventh (7th) calendar day after Associate Executive signs this Separation Release Agreement. If Associate Executive revokes this Separation Release Agreement it shall not be effective or enforceable and Associate Executive will not receive the benefits described in Paragraph B.1.(a) (i) and (iii), (c), and (d)Termination Benefits.

Appears in 1 contract

Samples: Employment Agreement (Amerigroup Corp)

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