Common use of Time for Consideration and Revocation Clause in Contracts

Time for Consideration and Revocation. Executive acknowledges that he was initially presented with this Agreement on September 27, 2016. Executive understands that this Agreement shall be of no force or effect, and that he shall not be eligible for the consideration described herein, unless he signs and returns this Agreement on or before October 19, 2016, and does not revoke his acceptance in the subsequent seven (7) day period (the day immediately following expiration of such revocation period, the “Effective Date”).

Appears in 2 contracts

Samples: Separation and Release of Claims Agreement, Separation and Release of Claims Agreement (Merrimack Pharmaceuticals Inc)

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Time for Consideration and Revocation. Executive acknowledges that he was initially presented with this Agreement on September 27April 11, 20162019. Executive understands that this Agreement shall be of no force or effect, and that he shall not be eligible for the consideration described herein, unless he signs and returns this Agreement on or before October 19May 2, 20162019, and does not revoke his acceptance in the subsequent seven (7) day period (the day immediately following expiration of such revocation period, the “Effective Date”).

Appears in 1 contract

Samples: Separation and Release of Claims Agreement (Merrimack Pharmaceuticals Inc)

Time for Consideration and Revocation. Executive acknowledges that he was initially presented with this Agreement on September 27, 2016. Executive understands that this Agreement shall be of no force or effect, and that he shall not be eligible for the consideration described herein, unless he signs and returns this Agreement on or before October 19, 2016, to Idera and does not revoke his acceptance in the subsequent seven (7) day period following his execution of this Agreement (the day immediately following expiration of such revocation period, the “Effective Date”).

Appears in 1 contract

Samples: Separation Agreement and Release of Claims (Idera Pharmaceuticals, Inc.)

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Time for Consideration and Revocation. Executive acknowledges that he was initially presented with this Agreement on September 27October 22, 2016. Executive understands that this Agreement shall be of no force or effect, and that he shall not be eligible for the consideration described herein, unless he signs and returns this Agreement on or before October 19November 14, 2016, and does not revoke his acceptance in the subsequent seven (7) calendar day period (the day immediately following expiration of such revocation period, the “Effective Date”).

Appears in 1 contract

Samples: Separation and Release of Claims Agreement (Analogic Corp)

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