Common use of Time for Consideration Clause in Contracts

Time for Consideration. Executive acknowledges that he has been given a period of twenty-one (21) calendar days within which to review and consider the provisions of this Release. Executive understands that if he does not sign this Release before the twenty-one (21) calendar day period expires, the consideration provided for in Section 2(b) of the Agreement and this Release will be withdrawn automatically and the Company’s obligations in Section 2(b) of the Agreement will be null and void.

Appears in 4 contracts

Samples: Transition Agreement (Texas Capital Bancshares Inc/Tx), Retirement Transition Agreement (Texas Capital Bancshares Inc/Tx), Retirement Transition and Award Agreement (Texas Capital Bancshares Inc/Tx)

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Time for Consideration. Executive acknowledges that he has been given a period of twenty-one (21) calendar days within which to review and consider the provisions of this Release. Executive understands that if he does not sign this Release before the twenty-one (21) calendar day period expires, the consideration provided for in Section 2(b) of the Agreement and this Release will be withdrawn automatically and the Company’s obligations in Section 2(b) of the Agreement will be null and void. 6.

Appears in 1 contract

Samples: Transition Agreement

Time for Consideration. Executive acknowledges that he she has been given a period of twenty-one (21) calendar days within which to review and consider the provisions of this Release. Executive understands that if he she does not sign this Release before the twenty-one (21) calendar day period expires, the consideration provided for in Section 2(b) of the Agreement and this Release will be withdrawn automatically and the Company’s obligations in Section 2(b) of the Agreement will be null and void.

Appears in 1 contract

Samples: Transition Agreement (Texas Capital Bancshares Inc/Tx)

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Time for Consideration. The Executive acknowledges that he has been given a period of twenty-one (21) at least 21 calendar days within which to review and consider the provisions of this Release. The Executive understands that if he does not sign this Release before the twenty21-one (21) calendar day period expiresexpires as provided in the Agreement, the consideration provided for in Section 2(b) of the Agreement and this Release will be withdrawn automatically and the Company’s obligations in Section 2(bSections 4(a)(i)-(v) of the Agreement will be null and void.

Appears in 1 contract

Samples: Transition Agreement (Tuesday Morning Corp/De)

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