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. By entering into this Agreement, you acknowledge that you have been given forty-five (45) days to consider this Agreement. To accept this Agreement, you must return a signed original of the Agreement so that it is received by ▇▇▇▇▇▇ ▇▇▇▇▇ (▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇) within forty-five (45) days after you received this Agreement. In the event that you execute and return this Agreement within less than forty-five (45) days, you acknowledge that such decision was entirely voluntary and that you understood that you had the opportunity to consider this Agreement for the entire forty-five (45) day 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 ▇▇. ▇▇▇▇▇, 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: Separation Agreement (Ikena Oncology, Inc.)

Time for Consideration; Effective Date. You acknowledge that you have been given the opportunity to consider this Agreement for twenty-one (21) days before signing it (the “Consideration Period”) and 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. By entering into this Agreement, you acknowledge that you have been given forty-five (45) days to consider this Agreement. To accept this Agreement, you must return a signed original or a signed PDF copy of the this Agreement so that it is received by the undersigned at or before the expiration of the Consideration Period. 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. You have the right to revoke this Agreement for a period of seven (7) days following the signing of this Agreement (the “Revocation Period”). If you wish to revoke this agreement, you must deliver notice to ▇▇▇▇▇▇ ▇▇▇▇▇ (▇▇▇▇▇▇, Senior Director of HR, via email at [********]@▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇, stating the intent to revoke on or before 5:00 p.m. on the seventh (7th) within forty-five (45) days after you received day following the signing of this Agreement. In the event that you execute and return this general release is revoked, this Agreement within less than forty-five (45) dayswill be null and void in its entirety, and you acknowledge that such decision was entirely voluntary and that you understood that you had will not receive the opportunity to consider this Agreement for the entire forty-five (45) day period. For the period benefits of seven (7) days from the date when you sign this Agreement, you have the right to revoke this Agreement by written notice to ▇▇. ▇▇▇▇▇, 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: Separation Agreement (T2 Biosystems, 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. By entering into this Agreement, you You understand and acknowledge that you have been given forty-five (45) days the opportunity to consider this AgreementAgreement for twenty-one (21) days from your receipt of this Agreement before signing it (the “Consideration Period”). To accept this Agreement, you must return a signed signed, unmodified original or PDF copy of the this Agreement so that it is received by ▇▇▇▇▇▇▇▇▇ (▇▇▇▇▇.▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇) within forty-five (45) days after at or before the expiration of the Consideration Period. If you received this Agreement. In the event that you execute and return sign this Agreement within less than forty-five (45) daysbefore the end of the Consideration Period, you acknowledge that such decision was entirely voluntary and that you understood that you had the opportunity to consider this Agreement for the entire forty-five (45) day periodConsideration 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 ▇▇. ▇▇▇ ▇▇▇▇▇▇▇, 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”).

Appears in 1 contract

Sources: Strategic Advisor & Transition Agreement (Moderna, 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. By entering into this Agreement, you You understand and acknowledge that you have been given forty-five (45) days the opportunity to consider this AgreementAgreement for twenty-one (21) days from your receipt of this Agreement before signing it (the “Consideration Period”). To accept this Agreement, you must return a signed original or a signed PDF copy of the this Agreement so that it is received by ▇▇▇▇▇▇▇▇▇▇▇▇▇ (▇▇▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇) within forty-five (45) days after at or before the expiration of the Consideration Period. If you received this Agreement. In the event that you execute and return sign this Agreement within less than forty-five (45) daysbefore the end of the Consideration Period, you acknowledge that such decision was entirely voluntary and that you understood that you had the opportunity to consider this Agreement for the entire forty-five (45) day periodConsideration 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 ▇▇. ▇▇▇▇▇▇▇▇▇▇, 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: Separation Agreement and Release (Neos Therapeutics, Inc.)