Common use of Time for Consideration; Effective Date Clause in Contracts

Time for Consideration; Effective Date. The Executive acknowledges that the Executive has been given the opportunity to consider this Agreement for twenty-one (21) days before signing it (the “Consideration Period”) and that the Executive has knowingly and voluntarily entered into this Agreement. The Executive acknowledges that the above release of claims expressly includes without limitation claims under the Age Discrimination in Employment Act. The Executive is advised to consult with an attorney before signing this Agreement. To accept this Agreement, the Executive must return a signed original or a signed PDF copy of this Agreement so that it is received by the undersigned at or before the expiration of the Consideration Period. If the Executive signs this Agreement before the end of the Consideration Period, the Executive acknowledges by signing this Agreement that such decision was entirely voluntary and that the Executive had the opportunity to consider this Agreement for the entire Consideration Period. For the period of seven (7) days from the date when the Executive signs this Agreement, the Executive has the right to revoke this Agreement by written notice to the undersigned. For such a revocation to be effective, it must be delivered so that it is received by the undersigned at or before the expiration of the seven (7) day revocation period (the “Revocation Period”). This Agreement shall not become effective or enforceable during the Revocation Period. It will become effective on the day after the Revocation Period ends (the “Effective Date”). Please indicate your agreement to the terms of this Agreement by signing and returning to the undersigned the original or a PDF copy of this letter within the time period set forth above. Very truly yours, BRIGHTCOVE INC. By: /s/ Xxxx Xxxxxxx April 11, 2018 Xxxx Xxxxxxx Date Chairman, Board of Directors This is a legal document. Your signature will commit you to its terms. By signing below, you acknowledge that you have carefully read and fully understand all of the provisions of this Agreement and that you are knowingly and voluntarily entering into this Agreement. /s/ Xxxxxx Xxxxxxxx April 11, 2018 Xxxxxx Xxxxxxxx Date EXHIBIT A CERTIFICATE UPDATING RELEASE OF CLAIMS I, hereby acknowledge and certify that I entered into an Amendment to Employment Agreement with Brightcove Inc. (the “Company”), dated April 11, 2018 (the “Agreement”). Capitalized but undefined terms in this Certificate are defined in the Agreement. Pursuant to the Agreement, I am required to sign this “Certificate,” which updates the release of claims in the Agreement, in order to begin receiving the severance benefits described in Section 9 of the Agreement and in Section 4 of the Employment Agreement. For this Certificate to become effective and for me to receive such severance benefits, I must sign this Certificate after the Separation Date but no later than seven days after the Separation Date. I will not sign this Certificate before the Separation Date. Subject to the foregoing, the date I sign this Certificate is the “Certificate Effective Date.” I further agree as follows:

Appears in 2 contracts

Samples: Employment Agreement, Amendment to Employment Agreement (Brightcove Inc)

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Time for Consideration; Effective Date. The Executive Employee acknowledges that the Executive she has been given the had an adequate opportunity to consider this Agreement for twenty-one (21) days before signing it (the “Consideration Period”) and that the Executive has knowingly and voluntarily entered into this Agreement. The Executive acknowledges that the above release of claims expressly includes without limitation claims under the Age Discrimination in Employment Act. The Executive is advised to consult with an attorney before signing this Agreement. To accept this Agreement, the Executive Employee must return a signed signed, unmodified original or a signed PDF copy of this Agreement so that it is received by the undersigned at or before the expiration of the Consideration Period. If the Executive signs this Agreement before the end of the Consideration PeriodXxxxxx Xxxxxx ([***]) no later than 5:00 PM EST on December 23, the Executive acknowledges by signing this Agreement that such decision was entirely voluntary and that the Executive had the opportunity to consider this Agreement for the entire Consideration Period. For the period of seven (7) days from the date when the Executive signs this Agreement, the Executive has the right to revoke this Agreement by written notice to the undersigned. For such a revocation to be effective, it must be delivered so that it is received by the undersigned at or before the expiration of the seven (7) day revocation period (the “Revocation Period”)2021. This Agreement shall not become effective or enforceable during the Revocation Period. It will become effective on the day after the Revocation Period ends date when it becomes fully executed (the “Effective Date”). Please indicate your agreement to For the terms avoidance of this Agreement by signing and returning to the undersigned the original or a PDF copy of this letter within the time period set forth above. Very truly yoursdoubt, BRIGHTCOVE INC. By: /s/ Xxxx Xxxxxxx April 11, 2018 Xxxx Xxxxxxx Date Chairman, Board of Directors This is a legal document. Your signature will commit you to its terms. By signing below, you acknowledge that you have carefully read and fully understand all (i) if Employee breaches any of the provisions of this Agreement prior to its execution, the offer of this Agreement may be withdrawn and that you are knowingly Employee’s execution of this Agreement will not be valid, and voluntarily entering (ii) if Employee does not enter into this Agreement, then Employee’s employment will end but Employee will not be entitled to the benefits set forth in this Agreement. EMPLOYEE AGREES THAT EMPLOYEE HAS CAREFULLY READ THIS AGREEMENT, THAT EMPLOYEE HAS BEEN GIVEN AMPLE OPPORTUNITY TO CONSULT WITH LEGAL COUNSEL, THAT EMPLOYEE IS RECEIVING SUBSTANTIAL BENEFITS AS A RESULT OF THIS AGREEMENT, AND THAT EMPLOYEE IS VOLUNTARILY SIGNING BY EMPLOYEE’S OWN FREE ACT. EMPLOYEE FURTHER AGREES THAT EMPLOYEE DOES NOT RELY ON ANY REPRESENTATION, PROMISE OR INDUCEMENT MADE BY COMPANY WITH THE EXCEPTION OF THE CONSIDERATION SET FORTH IN THIS AGREEMENT. THIS AGREEMENT CONSTITUTES A VOLUNTARY AND KNOWING WAIVER OF RIGHTS UNDER THE LAWS AND STATUTES REFERENCED ABOVE. Company and Employee have signed this Agreement on the dates indicated below. EMPLOYEE KLAVIYO, INC. By: /s/ Xxxxx Xxxxxxxx By: /s/ Xxxxxx Xxxxxx Xxxxx Xxxxxxxx April 11Name: Xxxxxx Xxxxxx Title: CLO Dated: 12/22/2021 Dated: 12/22/2021 Exhibit A Certificate I, 2018 Xxxxxx Xxxxxxxx Date EXHIBIT A CERTIFICATE UPDATING RELEASE OF CLAIMS IXxxxx Xxxxxxxx, hereby acknowledge and certify that I entered into an Amendment to Employment a Severance Agreement and Release of All Claims with Brightcove Klaviyo, Inc. (the “Company”), dated April 11, 2018 ) in connection with the ending of my employment (the “Agreement”). Capitalized but undefined terms in this Certificate are used herein and not otherwise defined have the meanings ascribed to such terms in the Agreement. Pursuant to the Agreement, and provided that I have satisfied the Conditions, I am required to sign execute this “Certificate,” certificate, which updates the release of claims set forth in Section 6 of the AgreementAgreement and adds a release under the Age Discrimination in Employment Act and the California Fair Employment and Housing Act (this “Certificate”), in order to begin receiving be eligible for the severance benefits described in Section 9 of the Agreement Severance Pay, COBRA Reimbursement and in Section 4 of the Employment AgreementAccelerated Vesting. For this Certificate to become effective and for me to receive such severance benefits, I must understand that I may not sign this Certificate until on or after the Separation Date but no later than seven and that I must return it to Company within 21 days after the Separation DateDate as set forth below. I will not sign this Certificate before the Separation Date. Subject to the foregoingI, the date I sign this Certificate is the “Certificate Effective Date.” I further therefore, agree as follows:

Appears in 2 contracts

Samples: Transition Agreement (Klaviyo, Inc.), Transition Agreement (Klaviyo, Inc.)

Time for Consideration; Effective Date. The Executive acknowledges that this Separation Agreement replaces the prior proposed agreement provided to the Executive has been on December 17, 2018. The Executive further acknowledges that she was given the opportunity to consider this Agreement for more than twenty-one (21) days before signing it to consider the December 17, 2018 agreement and that the original twenty-one (21) day period (the “Consideration Period”) and that remains unchanged by the Executive has knowingly and voluntarily entered into offer of this Agreement. The Executive acknowledges that Separation Agreement in place of the above release of claims expressly includes without limitation claims under the Age Discrimination in Employment Act. The Executive is advised to consult with an attorney before signing this AgreementDecember 17, 2018 agreement. To accept this Agreement, the Executive must return a signed signed, unmodified original or a signed PDF copy of this Agreement so that it is received by the undersigned at Xxxxxxxx Xxxxxxxx Xxx, Esq. at, Xxxxxxx Procter LLP, 000 Xxxxxxxx Xxxxxx, Xxxxxx XX, 00000 (XXxx@xxxxxxxxxx.xxx) on or before the expiration of the Consideration PeriodPeriod on January 9, 2019. If the Executive signs this Agreement before the end of the Consideration Periodprior to January 9, 2019, the Executive acknowledges by signing this Agreement that such decision was entirely voluntary and that the Executive she had the opportunity to consider this Agreement for the entire Consideration Period. The Executive and the Company agree that any changes or modifications to this Agreement did not restart the twenty-one (21) day period. For the a period of seven (7) business days from the date when day of the Executive signs execution of this Agreement, the Executive has shall retain the right to revoke this Agreement by written notice to the undersigned. For such a revocation to be effective, it that must be delivered so that it is received by Xx. Xxx before the undersigned at or before end of such revocation period. This Agreement shall become effective on the business day immediately following the expiration of the seven (7) day revocation period (the “Revocation Period”). This Agreement shall not become effective or enforceable during the Revocation Period. It will become effective on the day after the Revocation Period ends (the “Effective Date”). Please indicate your agreement to , provided that the terms of Executive does not revoke this Agreement by signing and returning to during the undersigned revocation period. For the original or a PDF copy avoidance of this letter within doubt, if the time period set forth above. Very truly yours, BRIGHTCOVE INC. By: /s/ Xxxx Xxxxxxx April 11, 2018 Xxxx Xxxxxxx Date Chairman, Board of Directors This is a legal document. Your signature will commit you to its terms. By signing below, you acknowledge that you have carefully read and fully understand all of the provisions of this Agreement and that you are knowingly and voluntarily entering Executive does not enter into this Agreement. /s/ Xxxxxx Xxxxxxxx April 11, 2018 Xxxxxx Xxxxxxxx Date EXHIBIT A CERTIFICATE UPDATING RELEASE OF CLAIMS Ithen the Executive’s employment will end on the earlier of (i) January 9, hereby acknowledge and certify 2019 or (ii) the date that I entered into an Amendment to Employment Agreement with Brightcove Inc. (the “Company”), dated April 11, 2018 (the “Agreement”). Capitalized but undefined terms in this Certificate are defined in the Agreement. Pursuant to Executive rejects the Agreement, I am required to sign and the Company shall provide the Executive with documentation at that time that will replace this “Certificate,” which updates the release of claims in the Agreement, in order to begin receiving the severance benefits described in Section 9 of the Separation Agreement and in Section 4 of the Employment Agreement. For this Certificate to become effective and for me to receive such severance benefits, I must sign this Certificate after the Separation Date but no later than seven days after the Separation Date. I will not sign this Certificate before the Separation Date. Subject to the foregoing, the date I sign this Certificate is the “Certificate Effective DateRelease.” I further agree as follows:

Appears in 1 contract

Samples: Separation Agreement and Release (AVROBIO, Inc.)

Time for Consideration; Effective Date. The Executive acknowledges You have been advised that the Executive has been given the opportunity to consider this Agreement for you have twenty-one (21) days before signing to consider the terms of this Agreement, although you may sign and return it sooner. You have elected to sign this Agreement as of the date first written above and acknowledge that you have waived such twenty-one (the “Consideration Period”21) and that the Executive has knowingly and voluntarily entered into day period to consider this Agreement. The Executive acknowledges that the above release of claims expressly includes without limitation claims under the Age Discrimination in Employment Act. The Executive is advised to consult with an attorney before signing this Agreement. To accept this Agreement, the Executive must return a signed original or a signed PDF copy of this Agreement so that it is received by the undersigned at or before the expiration of the Consideration Period. If the Executive signs this Agreement before the end of the Consideration Period, the Executive acknowledges by signing this Agreement that such decision was entirely voluntary and that the Executive had the opportunity to consider this Agreement for the entire Consideration Period. For the period of seven (7) days from the date when the Executive signs this Agreement, the Executive has You have the right to revoke this Agreement by written notice to the undersigned. For such a revocation to be effective, it must be delivered so that it is received by the undersigned at or before the expiration of any time within the seven (7) day period following the date on which you sign it, by delivering written notice of such revocation period (to the “Revocation Period”). This Agreement shall not become effective or enforceable during the Revocation Period. It will become effective Company at 00000 Xxxxx Xxxxxxxxx Xxxxxx, Xxxxxxxx, Xxxxxxxxxx 00000 by 5:00 p.m., Pacific Daylight Time, on the seventh day. If you do not revoke acceptance within the seven (7) day after the Revocation Period ends (the “Effective Date”). Please indicate period, your agreement to the terms acceptance of this Agreement by signing shall become binding and returning enforceable on the eighth day. The Severance Package shall become due and payable in accordance with Section 4 above and the Consulting Arrangement shall become effective after the effective date of the Supplemental Release described in Section 10, provided you sign the Supplemental Release and do not revoke such Supplemental Release. If the foregoing is agreeable to the undersigned the original or a PDF copy of you, please sign, date, and return this letter within the time period set forth aboveagreement. Very truly yours, BRIGHTCOVE INCFARMER BROS. CO. By: /s/ Xxxxxxx X. Xxxxx Xxxxxxx X. Xxxxx President and Chief Executive Officer Accepted: /s/ Xxxx X. Xxxxxxx April 11, 2018 Xxxx X. Xxxxxxx Date Chairman, Board of Directors This is a legal document. Your signature will commit you to its terms. By signing below, you acknowledge that you have carefully read and fully understand all of the provisions of this Agreement and that you are knowingly and voluntarily entering into this Agreement. /s/ Xxxxxx Xxxxxxxx April 11, 2018 Xxxxxx Xxxxxxxx Date EXHIBIT A CERTIFICATE UPDATING SUPPLEMENTAL RELEASE OF CLAIMS I, hereby acknowledge and certify I understand that I entered into an Amendment to Employment Agreement my position with Brightcove Inc. Farmer Bros. Co. (the “Company”)) terminated effective July 31, dated April 11, 2018 2014 (the “Separation Date”). The Company has agreed that if I choose to sign this Supplemental Release (this “Agreement”), the Company will pay me the severance benefits, subject to applicable withholdings and authorized deductions, and enter into a consulting arrangement pursuant to the terms of the Separation Agreement, dated July 16, 2014 (the “Separation Agreement”), between me and the Company. Capitalized but undefined I understand that I am not entitled to the Severance Package or Consulting Arrangement (as such terms in this Certificate are defined in the Separation Agreement) unless I sign this Agreement. Pursuant to In consideration for the AgreementSeverance Package and Consulting Arrangement, I acknowledge and agree that I am required to sign this “Certificate,” which updates bound by the release of claims in the Agreement, in order to begin receiving the severance benefits described in Section 9 provisions of the Separation Agreement and in Section 4 hereby release the Company and its current and former officers, directors, agents, attorneys, employees, shareholders, and affiliates from any and all claims, liabilities, demands, causes of the Employment Agreement. For this Certificate action, attorneys’ fees, damages, or obligations of every kind and nature, whether they are known or unknown, arising at any time prior to become effective and for me to receive such severance benefits, I must sign this Certificate after the Separation Date but no later than seven days after the Separation Date. I will not sign this Certificate before the Separation Date. Subject to the foregoing, the date I sign this Certificate Agreement. This general release includes, but is not limited to: all federal and state statutory and common law claims, claims related to my employment or the termination of my employment or related to breach of contract, tort, wrongful termination, discrimination, wages or benefits, or claims for any form of compensation. This release is not intended to release any claims I have or may have against any of the released parties for (a) indemnification as a director, officer, agent or employee under applicable law, charter document or agreement, (b) severance and other termination benefits specifically provided for in the Separation Agreement which constitutes a part of the consideration for this release, (c) health or other insurance benefits based on claims already submitted or which are covered claims properly submitted in the future, (d) vested rights under pension, retirement or other benefit plans, or (e) in respect of events, acts or omissions occurring after the date of this Agreement. In releasing claims unknown to me at present, I am waiving all rights and benefits under Section 1542 of the California Civil Code, and any law or legal principle of similar effect in any jurisdiction: Certificate Effective DateA general release does not extend to claims which the creditor does not know or suspect to exist in his or her favor at the time of executing the release, which if known by him or her must have materially affected his or her settlement with the debtor.” I further acknowledge that I am knowingly and voluntarily waiving and releasing any rights I may have under the federal Age Discrimination in Employment Act of 1967, as amended (“ADEA”). I also acknowledge that the consideration given for the waiver in the above paragraph is in addition to anything of value to which I was already entitled. I have been advised by this writing, as required by the ADEA that: (a) my waiver and release do not apply to any claims that may arise after my signing of this Agreement; (b) I should consult with an attorney prior to executing this release; (c) I have twenty-one (21) days within which to consider this release (although I may choose to voluntarily execute this release earlier); (d) I have seven (7) days following the execution of this release to revoke this Agreement; and (e) this Agreement will not be effective until the eighth day after this Agreement has been signed by me. I accept and agree as followsto the terms and conditions stated above. Dated:__________ ________________________________ Xxxx X. Xxxxxxx

Appears in 1 contract

Samples: Farmer Brothers Co

Time for Consideration; Effective Date. The Executive acknowledges You acknowledge that the Executive has you have been given the opportunity to consider this Agreement for twenty-one (21) days before signing it (the “Consideration Period”) and that the Executive has you have knowingly and voluntarily entered into this Agreement. The Executive acknowledges that the above release of claims expressly includes without limitation claims under the Age Discrimination in Employment Act. The Executive is advised to consult with an attorney before signing this Separation Agreement. To accept this Separation Agreement, the Executive you must return a signed original or a signed PDF copy of this Separation Agreement so that it is received by the undersigned Xxxxxx Xxxxxxx at or before the expiration of the Consideration Period. If the Executive signs you sign this Separation Agreement before the end of the Consideration Period, the Executive acknowledges you acknowledge by signing this Separation Agreement that such decision was entirely voluntary and that the Executive you had the opportunity to consider this Separation Agreement for the entire Consideration Period. For the period of seven (7) days from the date when the Executive signs you sign this Separation Agreement, the Executive has you have the right to revoke this Separation Agreement by written notice to the undersigned. For such a revocation to be effective, it must be delivered so that it is received by the undersigned Xxxxxx Xxxxxxx at or before the expiration of the seven (7) day revocation period (the “Revocation Period”)period. This Separation Agreement shall not become effective or enforceable during the Revocation Periodrevocation period. It will This Separation Agreement shall become effective on the first business day after following the Revocation Period ends expiration of the revocation period (the “Effective Date”). Xxxxxxxx Xxxxxx August 23, 2013 Please indicate your agreement to the terms of this Separation Agreement by signing and returning to the undersigned Xxxxxx Xxxxxxx the original or a PDF copy of this letter within the time period set forth above. Very truly yours, BRIGHTCOVE INC. REPLIGEN CORPORATION By: /s/ Xxxx Xxxxxx X. Xxxxxxx April 11, 2018 Xxxx Xxxxxxx 9/9/13 Date Chairman, Board of Directors You are advised to consult with an attorney before signing this Separation Agreement. This is a legal document. Your signature will commit you to its terms. By signing below, you acknowledge that you have carefully read and fully understand all of the provisions of this Separation Agreement and that you are knowingly and voluntarily entering into this Separation Agreement. /s/ Xxxxxxxx Xxxxxx 9/10/13 Xxxxxxxx April 11Xxxxxx Date Attachment A: Confidentiality, 2018 Xxxxxx Xxxxxxxx Date EXHIBIT A CERTIFICATE UPDATING RELEASE OF CLAIMS INon-Solicitation, hereby acknowledge and certify that I entered into an Amendment to Employment Agreement with Brightcove Inc. (the “Company”), dated April 11, 2018 (the “Patent Agreement”). Capitalized but undefined terms in this Certificate are defined in the Agreement. Pursuant to the Agreement, I am required to sign this “Certificate,” which updates the release of claims in the Agreement, in order to begin receiving the severance benefits described in Section 9 of the Agreement and in Section 4 of the Employment Agreement. For this Certificate to become effective and for me to receive such severance benefits, I must sign this Certificate after the Separation Date but no later than seven days after the Separation Date. I will not sign this Certificate before the Separation Date. Subject to the foregoing, the date I sign this Certificate is the “Certificate Effective Date.” I further agree as follows:

Appears in 1 contract

Samples: Repligen Corp

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Time for Consideration; Effective Date. The Executive acknowledges that the Executive he has been given the opportunity to consider this Separation Agreement for twenty-one (21) days before signing it (the “Consideration Period”) and that the Executive has knowingly and voluntarily entered into this Agreement. The Executive acknowledges that the above release of claims expressly includes without limitation claims under the Age Discrimination in Employment Act. The Executive is advised to consult with an attorney before signing this Agreement). To accept this Separation Agreement, the Executive must return a signed original or a signed PDF copy of this Separation Agreement so that it is received by Xxxxxx X. Xxxxx Xx. of the undersigned Gramercy Parties at or before the expiration of the Consideration Period. If the Executive signs this Separation Agreement before the end of the Consideration Period, the Executive he acknowledges by signing this Separation Agreement that such decision was entirely voluntary and that the Executive he had the opportunity to consider this Separation Agreement for the entire Consideration Period. The Executive acknowledges and agrees that any changes or modifications to this Separation Agreement shall not restart or in any way affect the Consideration Period. For the period of seven (7) days from the date when the Executive signs executes this Separation Agreement, the Executive he has the right to revoke this the ADEA Release Agreement by written notice to the undersigned. For such a revocation to be effective, it that must be delivered so that it is received by Xx. Xxxxx before the undersigned at or before end of such revocation period. The ADEA Release Agreement shall become effective on the business day immediately following the expiration of the seven (7) day revocation period (the “Revocation Period”). This ADEA Release Agreement shall not become effective or enforceable during the Revocation Period. It will become effective on the day after the Revocation Period ends (the “Effective Date”), provided that the Executive does not revoke the ADEA Release Agreement during the revocation period. Please indicate your agreement In the event that the Executive exercises his right to revoke the terms of this ADEA Release Agreement by signing and returning to during the undersigned the original or a PDF copy of this letter within the time period set forth above. Very truly yoursrevocation period, BRIGHTCOVE INC. By: /s/ Xxxx Xxxxxxx April 11, 2018 Xxxx Xxxxxxx Date Chairman, Board of Directors This is a legal document. Your signature will commit you to its terms. By signing below, you acknowledge he acknowledges that you have carefully read and fully understand all of the provisions terms and conditions of this Agreement and that you are knowingly and voluntarily entering into this Agreement. /s/ Xxxxxx Xxxxxxxx April 11, 2018 Xxxxxx Xxxxxxxx Date EXHIBIT A CERTIFICATE UPDATING RELEASE OF CLAIMS I, hereby acknowledge and certify that I entered into an Amendment to Employment Agreement with Brightcove Inc. (the “Company”), dated April 11, 2018 (the “Agreement”). Capitalized but undefined terms in this Certificate are defined in the Agreement. Pursuant to the Separation Agreement, I am required to sign this “Certificate,” which updates other than the release of claims in the ADEA Release Agreement, shall remain in order to begin receiving full force and effect, except that the severance benefits described in Section 9 of the Agreement and in Section 4 of the Employment Agreement. For this Certificate to become effective and for me to Executive shall not receive such severance benefits, I must sign this Certificate after the Separation Date but no later than seven days after Benefits and the Separation Date. I will not sign this Certificate before the Separation Date. Subject to the foregoing, the date I sign this Certificate is the “Certificate Effective DateGramercy Release shall be null and void.” I further agree as follows:

Appears in 1 contract

Samples: Separation and Release Agreement (Gramercy Capital Corp)

Time for Consideration; Effective Date. The Executive acknowledges that the Executive has been given As set forth above, you have the opportunity to consider this Release Agreement for twenty-one (21) 21 days before signing it (the “Consideration Period”) and that the Executive has knowingly and voluntarily entered into this Agreement. The Executive acknowledges that the above release of claims expressly includes without limitation claims under the Age Discrimination in Employment Act. The Executive is advised to consult with an attorney before signing this Agreementit. To accept this Release Agreement, the Executive you must return a signed original or a signed PDF copy of this Release Agreement so that it is received by the undersigned Company’s Vice President of Human Resources at or before the expiration of the Consideration Periodthis 21-day period. If the Executive signs you sign this Release Agreement before the end within fewer than 21 days of the Consideration Perioddate of its delivery to you, you must also sign the Executive acknowledges by signing this acknowledgement page to the Release Agreement that such decision was entirely voluntary and that the Executive you had the opportunity to consider this Release Agreement for the entire Consideration Period21-day period. For the period of seven (7) days from the date when the Executive signs this AgreementRelease Agreement becomes fully executed, the Executive has you have the right to revoke this Release Agreement by written notice to the undersignedCompany’s Vice President of Human Resources. For such a revocation to be effective, it must be delivered so that it is received by the undersigned Company’s Vice President of Human Resources at or before the expiration of the seven (7) seven-day revocation period (the “Revocation Period”)period. This Release Agreement shall not become effective or enforceable during the Revocation Period. It will revocation period, but rather shall become effective on the first business day after following the Revocation Period ends (expiration of the “Effective Date”)revocation period. * * * Please indicate your agreement to the terms of this Release Agreement by signing and returning to the undersigned the original or a PDF Company’s Vice President of Human Resources your executed copy of this letter Release Agreement within the time period set forth above. Very truly yours, BRIGHTCOVE INC. Anika Therapeutics, Inc. By: /s/ Xxxx Xxxxxx X. Xxxxxxx April 11President Xx. Xxxxxxx X. Sherwood March 8, 2018 Xxxx I, XXXXXXX X. XXXXXXXX, REPRESENT THAT I HAVE READ THE FOREGOING RELEASE AGREEMENT, THAT I FULLY UNDERSTAND THE TERMS AND CONDITIONS OF SUCH RELEASE AGREEMENT AND THAT I AM VOLUNTARILY EXECUTING THE SAME. IN ENTERING INTO THIS RELEASE AGREEMENT, I DO NOT RELY ON ANY REPRESENTATION, PROMISE OR INDUCEMENT MADE BY THE RELEASEES WITH THE EXCEPTION OF THE CONSIDERATION DESCRIBED IN THE CONSULTING AGREEMENT AND THIS RELEASE AGREEMENT. ACCEPTED: /s/ Xxxxxxx Date ChairmanX. Xxxxxxxx March 8, Board of Directors This is a legal document. Your signature will commit you to its terms. By signing below2018 Xxxxxxx X. Xxxxxxxx, you Ph.D. IF YOU DO NOT WISH TO USE THE 21-DAY PERIOD, PLEASE CAREFULLY REVIEW AND SIGN THIS DOCUMENT I, Xxxxxxx X. Xxxxxxxx, acknowledge that you I was informed and understand that I have 21 days within which to consider the attached Release Agreement and, having been advised of my right to consult with an attorney regarding such Release Agreement and have considered carefully read and fully understand all every provision of the provisions of this Agreement Release Agreement, and that you are knowingly after having engaged in those actions, I prefer to and voluntarily entering have requested that I enter into this Agreementthe Release Agreement prior to the expiration of the 21-day period. /s/ Xxxxxx Xxxxxxx X. Xxxxxxxx April 11March 8, 2018 Xxxxxx Xxxxxxxx Date EXHIBIT A CERTIFICATE UPDATING RELEASE OF CLAIMS IXxxxxxx X. Xxxxxxxx, hereby acknowledge and certify that I entered into an Amendment to Employment Agreement with Brightcove Inc. (the “Company”), dated April 11, 2018 (the “Agreement”). Capitalized but undefined terms in this Certificate are defined in the Agreement. Pursuant to the Agreement, I am required to sign this “Certificate,” which updates the release of claims in the Agreement, in order to begin receiving the severance benefits described in Section 9 of the Agreement and in Section 4 of the Employment Agreement. For this Certificate to become effective and for me to receive such severance benefits, I must sign this Certificate after the Separation Date but no later than seven days after the Separation Date. I will not sign this Certificate before the Separation Date. Subject to the foregoing, the date I sign this Certificate is the “Certificate Effective Date.” I further agree as follows:Ph.D.

Appears in 1 contract

Samples: Consulting Agreement (Anika Therapeutics, Inc.)

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