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

Time for Consideration; Effective Date. You acknowledge that you have knowingly and voluntarily entered into this Agreement and that the Company advises you to consult with an attorney before signing this Agreement. You acknowledge that you have been given the opportunity, if you so desire, to consider this Agreement for twenty-one (21) days before executing it (the “Consideration Period”). To accept this Agreement, you must return a signed, unmodified original or PDF copy of this Agreement so that it is received by the undersigned at or This communication and the information it contains are intended for the person(s) or organization(s) named above and for no other person or organization and may be confidential and protected by law. Unauthorized use, copying or disclosure of any part is strictly prohibited and may be unlawful. Amarin Pharma, Inc. 4▇▇ ▇▇▇▇▇ ▇▇, ▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ (▇▇▇)▇▇▇-▇▇▇▇ before the expiration of the Consideration Period. If you breach any of the terms of this Agreement during the Consideration Period, the offer of this Agreement is withdrawn and your execution of the Agreement will not be valid. If you sign this Agreement before the end of the Consideration Period, you acknowledge that such decision was entirely voluntary and that you had the opportunity to consider this Agreement for the entire Consideration Period. For the period of seven (7) days from the date when you sign this Agreement, you have the right to revoke this Agreement by written notice to the undersigned, provided that such notice is delivered so that it is received at or before the expiration of the seven (7) day revocation period. This Agreement shall not become effective or enforceable during the revocation period. This Agreement shall become effective on the first business day following the expiration of the revocation period (the “Effective Date”).

Appears in 1 contract

Sources: Transition and Separation Agreement (Amarin Corp Plc\uk)

Time for Consideration; Effective Date. You acknowledge The Executive acknowledges that you have knowingly and voluntarily entered into this Separation Agreement and replaces the prior proposed agreement provided to the Executive on December 17, 2018. The Executive further acknowledges that the Company advises you to consult with an attorney before signing this Agreement. You acknowledge that you have been she was given the opportunity, if you so desire, to consider this Agreement for more than twenty-one (21) days before executing it to consider the December 17, 2018 agreement and that the original twenty-one (21) day period (the “Consideration Period”)) remains unchanged by the offer of this Separation Agreement in place of the December 17, 2018 agreement. To accept this Agreement, you the Executive must return a signed, unmodified original or PDF copy of this Agreement so that it is received by the undersigned at or This communication and the information it contains are intended for the person(s) or organization(s) named above and for no other person or organization and may be confidential and protected by law. Unauthorized use, copying or disclosure of any part is strictly prohibited and may be unlawful. Amarin Pharma, Inc. 4▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇, Esq. at, ▇▇▇▇▇▇▇ Procter LLP, ▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇ ▇▇, ▇▇▇▇▇ (▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇, ▇▇ .▇▇▇▇▇ (▇▇▇)▇▇▇-▇▇▇▇ ) on or before the expiration of the Consideration PeriodPeriod on January 9, 2019. If you breach any of the terms of Executive signs this Agreement during the Consideration Periodprior to January 9, 2019, the offer of Executive acknowledges by signing this Agreement is withdrawn and your execution of the Agreement will not be valid. If you sign this Agreement before the end of the Consideration Period, you acknowledge that such decision was entirely voluntary and that you 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 you sign day of the execution of this Agreement, you have the Executive shall retain the right to revoke this Agreement by written notice to the undersigned, provided that such notice is delivered so that it is must be received at or by ▇▇. ▇▇▇ before the expiration end of the seven (7) day revocation period. This Agreement shall not become effective or enforceable during the such revocation period. This Agreement shall become effective on the first business day immediately following the expiration of the revocation period (the “Effective Date”), provided that the Executive does not revoke this Agreement during the revocation period. For the avoidance of doubt, if the Executive does not enter into this Agreement, then the Executive’s employment will end on the earlier of (i) January 9, 2019 or (ii) the date that the Executive rejects the Agreement, and the Company shall provide the Executive with documentation at that time that will replace this Separation Agreement and Release.

Appears in 1 contract

Sources: Separation Agreement (AVROBIO, Inc.)

Time for Consideration; Effective Date. You acknowledge The Executive acknowledges that you have he has knowingly and voluntarily entered into this Agreement and that the Company advises you the Executive to consult with an attorney before signing this Agreement. You acknowledge By entering into this Agreement, the Executive acknowledges that you have the Executive has been given the opportunity, if you so desire, opportunity to consider this Agreement for twenty-one (21) days from the Executive’s receipt of this Agreement before executing signing it (the “Consideration Period”). To The Parties agree that any changes to this Agreement do not restart the Consideration Period and that, to accept this Agreement, you the Executive must return a signed, unmodified (a) sign the original or a PDF copy of this Agreement on or after the Separation Date and before the expiration of the Consideration Period, and (b) return the signed original or a signed PDF copy of this Agreement so that it is received by the undersigned at or This communication and the information it contains are intended for the person(s) or organization(s) named above and for no other person or organization and may be confidential and protected by law. Unauthorized use, copying or disclosure of any part is strictly prohibited and may be unlawful. Amarin Pharma, Inc. 4▇▇ ▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ (▇▇▇)▇▇▇-▇▇▇▇ ***) at or before the expiration of the Consideration Period. If you breach any of the terms of this Agreement during the Consideration Period, the offer of this Agreement is withdrawn and your execution of the Agreement will not be valid. If you sign Executive signs this Agreement before the end of the ​ ​ Consideration Period, you acknowledge the Executive acknowledges that such decision was entirely voluntary and that you he had the opportunity to consider this Agreement for the entire Consideration Period. Except for certain Claims in Section 3 that require a statutory revocation period to be released, the release of Claims in Section 3 is enforceable as of the date that the Executive signs this Agreement. For the period of seven (7) business days from the date when you sign the Executive signs this Agreement, you have the Executive has the right to revoke this Agreement by written notice to the undersigned▇▇. ▇▇▇▇▇▇, provided that such notice is delivered so that it is received at or before the expiration of the seven (7) business day revocation period. This Agreement shall not become fully effective or fully enforceable during the revocation period. This Agreement shall become fully effective and fully enforceable on the first business day following the expiration of the revocation period, provided that the Executive does not revoke during the revocation period (the “Effective Date”).. ​

Appears in 1 contract

Sources: Separation and Release Agreement (Collegium Pharmaceutical, Inc)

Time for Consideration; Effective Date. You understand and acknowledge that you have been given the opportunity to consider this Agreement for at least 21 calendar days from your receipt of this Agreement before signing it (the “Consideration Period”). Any changes to this Agreement, material or otherwise, will not restart the running of the Consideration Period. In signing this Agreement, you acknowledge that you have knowingly and voluntarily entered into this Agreement and that without any undue influence on the part of the Company advises you to consult with an attorney before signing this Agreementor any of the Releasees. You acknowledge that you have been given the opportunityGeneral Release of Claims is knowing and voluntary, if you so desireincluding without implication of limitation all claims under the Age Discrimination in Employment Act, to consider this Agreement for twenty-one (21) days before executing it (the “Consideration Period”). To accept this Agreement, you must return a signed, unmodified original or PDF copy of this Agreement so that it is received by the undersigned at or This communication and the information it contains are intended for the person(s) or organization(s) named above and for no other person or organization and may be confidential and protected by law. Unauthorized use, copying or disclosure of any part is strictly prohibited and may be unlawful. Amarin Pharma, Inc. 4▇▇ ▇▇▇▇▇ ▇▇, ▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ (▇▇▇)▇▇▇-▇▇▇▇ before the expiration of the Consideration Period. If you breach any of the terms of this Agreement during the Consideration Period, the offer of this Agreement is withdrawn and your execution of the Agreement will not be valid29 U.S.C. § 621 et seq. If you sign this Agreement before the end of the Consideration Period, you acknowledge that such decision was entirely voluntary and that you had the opportunity to consider this Agreement for the entire Consideration Period. For the period of You have seven (7) business days from the date when you sign following your execution of this Agreement, you have the right Agreement to revoke this Agreement your assent by written notice to me (such seven (7) business day period, the undersigned“Revocation Period”). For a revocation to be effective, provided that such notice is delivered so that it is must be received at by me on or before the expiration of the seven (7) day revocation period. This Agreement shall not become effective or enforceable during the revocation periodRevocation Period. This Agreement shall become effective on only as of the first (1st) business day following after the expiration of the revocation period Revocation Period (the “Effective Date”). If you do not enter into this Agreement, your retirement will still be effective, but you will not be entitled to all the Transition Benefits. You are advised to consult with an attorney before executing this Agreement.

Appears in 1 contract

Sources: Executive Retirement and Strategic Consulting Agreement (Moderna, Inc.)

Time for Consideration; Effective Date. You acknowledge The Employee acknowledges that you have knowingly and voluntarily entered into this Agreement and that the Company advises you to consult with an attorney before signing this Agreement. You acknowledge that you have he has been given the opportunity, if you so desire, opportunity to consider this Agreement for twenty-one (21) days from his receipt of this Agreement before executing signing it (the “Consideration Period”). To accept this Agreement, you the Employee must return a signed, unmodified original or PDF copy of this Agreement so that it is received by the undersigned at on or This communication and the information it contains are intended for the person(s) or organization(s) named above and for no other person or organization and may be confidential and protected by law. Unauthorized use, copying or disclosure of any part is strictly prohibited and may be unlawful. Amarin Pharma, Inc. 4▇▇ ▇▇▇▇▇ ▇▇, ▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ (▇▇▇)▇▇▇-▇▇▇▇ before the expiration of the Consideration Period. If you breach any of the terms of Employee signs this Agreement during the Consideration Period, the offer of this Agreement is withdrawn and your execution of the Agreement will not be valid. If you sign this Agreement before prior to the end of the Consideration Period, you acknowledge the Employee acknowledges by signing this Agreement that such decision was entirely voluntary and that you he had the opportunity to consider this Agreement for the entire Consideration Period. The Employee and the Company agree that any changes or modifications to this Agreement shall not restart the Consideration Period. For the a period of seven (7) business days from the date when you sign of his execution of this Agreement, you have the Employee shall retain the right to revoke this Agreement by written notice to that must be received by the undersigned, provided that such notice is delivered so that it is received at or undersigned before the expiration end of the seven (7) day revocation period. This Agreement shall not become effective or enforceable during the such revocation period. This Agreement shall become effective on the first business day immediately following the expiration of the revocation period (the “Effective Date”), provided that the Employee does not revoke this Agreement during the revocation period. Notwithstanding the foregoing, the Company may withdraw the offer of this Agreement or may void this Agreement before the Effective Date if the Employee breaches any provision contained in this Agreement (including any provision of the Restrictive Covenant Agreement).

Appears in 1 contract

Sources: Separation Agreement (Scholar Rock Holding Corp)

Time for Consideration; Effective Date. You acknowledge that you have knowingly and voluntarily entered into this Agreement and that the The Company advises you the Executive to consult with an attorney before signing entering into this Agreement and the Executive has, in fact, consulted with counsel. The Executive acknowledges that he has carefully read and fully understands all of the provisions of this Agreement and that the Executive is voluntarily and knowingly entering into this Agreement. You acknowledge The Executive acknowledges that you have he has been given the opportunity, if you so desire, opportunity to consider this Agreement for twenty-one (21) more than 21 days before executing it and, to accept this Agreement, the Executive must execute the Agreement prior to 5PM ET on January 31, 2025 (the “Consideration Period”). The parties agree that changes, whether material or immaterial, do not restart the running of the Consideration Period. To accept this Agreement, you the Executive must return (via DocuSign circulated by Company counsel) a signed, unmodified original or PDF copy version of this Agreement (via DocuSign) so that it is received by the undersigned at or This communication and the information it contains are intended for the person(s) or organization(s) named above and for no other person or organization and may be confidential and protected by law. Unauthorized use, copying or disclosure of any part is strictly prohibited and may be unlawful. Amarin Pharma, Inc. 4▇▇ ▇▇▇▇▇ ▇▇, ▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ (▇▇▇)▇▇▇-▇▇▇▇ before the expiration of the Consideration Period. If you breach any of the terms of this Agreement during the Consideration Period, the offer of this Agreement is withdrawn and your execution of the Agreement will not be valid. If you sign Executive signs this Agreement before the end of the Consideration Period, you acknowledge the Executive acknowledges that such decision was entirely voluntary and that you the Executive had the opportunity to consider this Agreement for the entire Consideration Period. For the period of seven (7) business days from the date when you sign the Executive signs this Agreement, you have the Executive has the right to revoke this Agreement by written notice to the undersigned▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇, (email: ), provided that such notice is delivered so that it is received at or before the expiration of the seven (7) business day revocation period. This Agreement shall not become effective or enforceable during the revocation period. This Agreement shall become effective on the first business day following the expiration of the revocation period (the “Effective Date”). Notwithstanding the foregoing, the Company may withdraw the offer of this Agreement or void this Agreement before the Effective Date if the Executive breaches any provision contained in this Agreement (including, without limitation, any of the Continuing Obligations) or engages in conduct that would constitute Cause under the Employment Agreement.

Appears in 1 contract

Sources: Separation Agreement (Rapport Therapeutics, Inc.)

Time for Consideration; Effective Date. The Company previously proposed an agreement to you in a letter dated June 29, 2020 (the “Initial Proposal”). You were given the opportunity to consider the Initial Proposal for twenty-one (21) days from the date of the Initial Proposal (the “Consideration Period”). The Company proposed this Agreement in place of the Initial Proposal following discussions between the parties, with the aid of counsel. The last day of the Consideration Period remains unchanged by the offer of this Agreement in place of the Initial Proposal. You acknowledge that you have knowingly and voluntarily entered into this Agreement and that the Company advises you above release of claims expressly includes without limitation claims under the Age Discrimination in Employment Act. You are advised to consult with an attorney before signing this Agreement. You acknowledge that you have been given the opportunity, if you so desire, to consider this Agreement for twenty-one (21) days before executing it (the “Consideration Period”). To accept this Agreement, you must return a signed, unmodified signed original or a signed PDF copy of this Agreement so that it is received by the undersigned at or This communication and the information it contains are intended for the person(s) or organization(s) named above and for no other person or organization and may be confidential and protected by law. Unauthorized use, copying or disclosure of any part is strictly prohibited and may be unlawful. Amarin Pharma, Inc. 4▇▇ ▇▇▇▇▇ ▇▇, ▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ (▇▇▇)▇▇▇-▇▇▇▇ before the expiration of the Consideration Period. If you breach any of the terms of this Agreement during the Consideration Period, the offer of this Agreement is withdrawn and your execution of the Agreement will not be valid. If you sign this Agreement before the end of the Consideration Period, you acknowledge by signing this Agreement that such decision was entirely voluntary and that you had the opportunity to consider this Agreement for the entire Consideration Period. For the period of seven (7) business days from the date when you sign this Agreement, you have the right to revoke this Agreement by written notice to the undersigned. For such a revocation to be effective, provided that such notice is it must be delivered so that it is received by the undersigned at or before the expiration of the seven (7) business day revocation periodperiod (the “Revocation Period”). This Agreement shall not become effective or enforceable during the revocation periodRevocation Period. This Agreement shall It will become effective on the first business day following after the expiration of the revocation period Revocation Period ends (the “Effective Date”).

Appears in 1 contract

Sources: Transitional Services and Separation Agreement (AVROBIO, Inc.)

Time for Consideration; Effective Date. You acknowledge that you have knowingly and voluntarily entered into this Agreement and that the Company advises you to consult with an attorney before signing this Agreement. You understand and acknowledge that you have been given the opportunity, if you so desire, opportunity to consider this Agreement for twenty-one (21) days from your receipt of this Agreement before executing signing it (the “Consideration Period”). To accept this Agreement, you must return a signed, unmodified original or PDF copy of this Agreement so that it is received by the undersigned at or This communication and the information it contains are intended for the person(s) or organization(s) named above and for no other person or organization and may be confidential and protected by law. Unauthorized use, copying or disclosure of any part is strictly prohibited and may be unlawful. Amarin Pharma, Inc. 4▇▇▇▇ ▇▇▇▇▇▇, ▇ (▇▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ (.▇▇▇)▇▇▇-▇▇▇▇ ) at or before the expiration of the Consideration Period. If you breach any of the terms of this Agreement during the Consideration Period, the offer of this Agreement is withdrawn and your execution of the Agreement will not be valid. If you sign this Agreement before the end of the Consideration Period, you acknowledge that such decision was entirely voluntary and that you had the opportunity to consider this Agreement for the entire Consideration Period. For the period of seven (7) business days from the date when you sign this Agreement, you have the right to revoke this Agreement by written notice to the undersigned, ▇▇. ▇▇▇▇▇▇▇ provided that such notice is delivered so that it is received at or before the expiration of the seven (7) business day revocation period. This Agreement shall not become effective or enforceable during the revocation period. This Agreement shall become effective on the first business day following the expiration of the revocation period (the “Effective Date”). For the avoidance of doubt, (i) if you breach any of the provisions of the Agreement during the Consideration Period, the offer of this Agreement may be withdrawn and your execution of the Agreement will not be valid; and (ii) if you do not sign and return the Agreement by such time, your employment will end, you will not be entitled to the Transition Period or the related benefits and the Company will provide you with a new separation agreement based only on the terms of the Employment Agreement, as applicable.

Appears in 1 contract

Sources: Transition and Ceo Support Agreement (Surface Oncology, Inc.)

Time for Consideration; Effective Date. You acknowledge that you have knowingly understand and voluntarily entered into this Agreement and that the Company advises you to consult with an attorney before signing this Agreement. You acknowledge that you have been given the opportunity, if you so desire, opportunity to consider this Agreement for twenty-one (21) days from your receipt of this Agreement before executing signing it (the “Consideration Period”). To accept this Agreement, you must return a signed, execute the unmodified original or PDF copy of this Agreement via DocuSign so that it is received by the undersigned Company at or This communication and the information it contains are intended for the person(s) or organization(s) named above and for no other person or organization and may be confidential and protected by law. Unauthorized use, copying or disclosure of any part is strictly prohibited and may be unlawful. Amarin Pharma, Inc. 4▇▇ ▇▇▇▇▇ ▇▇, ▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ (▇▇▇)▇▇▇-▇▇▇▇ before the expiration of the Consideration Period. If you breach any of the terms of this Agreement during the Consideration Period, the offer of this Agreement is withdrawn and your execution of the Agreement will not be valid. If you sign this Agreement before the end of the Consideration Period, you acknowledge that such decision was entirely voluntary and that you had the opportunity to consider this Agreement for the entire Consideration Period. For the period of seven (7) business days from the date when you sign this Agreement, you have the right to revoke this Agreement by written notice to the undersigned▇▇▇▇ ▇▇▇▇▇ (▇▇▇▇.▇▇▇▇▇@▇▇▇▇▇▇▇-▇▇.▇▇▇), provided that such notice is delivered so that it is received at or before the expiration of the seven (7) business day revocation period. This Agreement shall not become effective or enforceable during the revocation period. This Agreement shall become effective on the first business day following the expiration of the revocation period (the “Effective Date”). For the avoidance of doubt, (i) if you breach any of the provisions of the Agreement during the Consideration Period, the offer of this Agreement may be withdrawn and your execution of the Agreement will not be valid, and (ii) if you do not enter into this Agreement, then your employment will end but you will not be entitled to any of the benefits set forth in this Agreement.

Appears in 1 contract

Sources: Transitional Services Agreement (Orchard Therapeutics PLC)

Time for Consideration; Effective Date. You acknowledge The Employee acknowledges that you have knowingly and voluntarily entered into this Agreement and that the Company advises you to consult with an attorney before signing this Agreement. You acknowledge that you have he has been given the opportunity, if you so desire, opportunity to consider this Agreement for twenty-one (21) days from his receipt of this Agreement before executing signing it (the “Consideration Period”). To accept this Agreement, you the Employee must return a signed, unmodified original or PDF copy of this Agreement so that it is received by the undersigned at on or This communication and the information it contains are intended for the person(s) or organization(s) named above and for no other person or organization and may be confidential and protected by law. Unauthorized use, copying or disclosure of any part is strictly prohibited and may be unlawful. Amarin Pharma, Inc. 4▇▇ ▇▇▇▇▇ ▇▇, ▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ (▇▇▇)▇▇▇-▇▇▇▇ before the expiration of the Consideration Period. If you breach any of the terms of Employee signs this Agreement during the Consideration Period, the offer of this Agreement is withdrawn and your execution of the Agreement will not be valid. If you sign this Agreement before prior to the end of the Consideration Period, you acknowledge the Employee acknowledges by signing this Agreement that such decision was entirely voluntary and that you he had the opportunity to consider this Agreement for the entire Consideration Period. The Employee and the Company agree that any changes or modifications to this Agreement shall not restart the Consideration Period. For the a period of seven (7) business days from the date when you sign of his execution of this Agreement, you have the Employee shall retain the right to revoke this Agreement by written notice to that must be received by the undersigned, provided that such notice is delivered so that it is received at or undersigned before the expiration end of the seven (7) day revocation period. This Agreement shall not become effective or enforceable during the such revocation period. This Agreement shall become effective on the first business day immediately following the expiration of the revocation period (the “Effective Date”)., provided that the Employee does not revoke this Agreement during the revocation period. Notwithstanding the foregoing, the Company may withdraw the offer of this Agreement or may void this Agreement before the Effective Date if the Employee breaches any provision contained in this Agreement (including any provision of the Restrictive Covenant Agreement). ​

Appears in 1 contract

Sources: Transitional Services Agreement (Scholar Rock Holding Corp)