Time to Consider Release Sample Clauses
The "Time to Consider Release" clause establishes a specific period during which a party is given the opportunity to review and evaluate the terms of a proposed release before agreeing to it. Typically, this clause sets out a defined number of days for the party to consider the release, ensuring they have adequate time to seek legal advice or reflect on the implications of waiving certain rights. Its core practical function is to protect parties from making hasty decisions, thereby promoting informed consent and reducing the risk of future disputes over the validity of the release.
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Time to Consider Release. Employee may take twenty-one (21) days from the date this Agreement is presented to Employee to consider whether to execute this Agreement, and may wish to consult with an attorney prior to execution of this Agreement. Employee, by signing this Agreement, specially acknowledges that he/she is waiving his/her right to pursue any claims under federal, state or local discrimination laws, including the Age Discrimination in Employment Act, 29 U.S.C. Section 626 ET SEQ., which have arisen prior to the execution of this Agreement. This release shall become final and irrevocable upon execution by the Employee, except that if Employee is age 40 or older, Employee may revoke the release at any time during the seven (7) day period following Employee’s execution of this Agreement, after which time it shall be final and irrevocable.
Time to Consider Release. Executive acknowledges that he have been advised in writing by TCBI that he should consult an attorney before executing this Release, and Executive further 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if he does not sign this Release before the twenty-one (21) calendar day period expires, this Release offer will be withdrawn automatically.
Time to Consider Release. ▇▇▇▇ advises Executive to consult an attorney before executing this Release. Executive further acknowledges that he has been given a period of forty-five (45) calendar days within which to review and consider the provisions of this Release.
Time to Consider Release. Employee is hereby advised in writing by the Company that he should consult an attorney before executing this Release. Employee has a period of up to forty-five (45) calendar days after receiving the Release within which to review and consider the provisions of this Release. Employee understands that if he does not sign this Release before the forty-five (45) calendar day period expires, this Release offer will be withdrawn automatically.
Time to Consider Release. Executive has 21 calendar days to review and consider the provisions of this Release. Executive does not have to wait 21 days to accept the Release. If at the end of this 21 day period, Executive has not returned an executed copy of this Release and mailed it to the Executive Vice President and Chief Administrative Officer at ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇ ▇▇ ▇▇▇▇▇. Executive understands that Company Releasees are not required to accept the Release and provide him with any of the benefits described above (or incorporated by reference into this Release).
Time to Consider Release. Employee is ▇▇▇▇▇▇ advised in writing by the Company that he should consult an attorney before executing this Release. Employee has a period of up to [twenty-one (21)/forty-five (45)] calendar days after receiving the Release within which to review and consider the provisions of this Release. Employee understands that if he does not sign this Release before the [twenty-one (21)/forty-five (45)] calendar day period expires, this Release offer will be withdrawn automatically. [Additional information may be inserted if Employee’s employment ends as part of a layoff.]
Time to Consider Release. Executive acknowledges that the Company is advising him in writing to consult an attorney before executing this Agreement, and Executive further acknowledges that he has been given a period of twenty-one (21) calendar days within which to review and consider the provisions of this Agreement. Executive understands that if he does not sign this Agreement before the twenty-one (21) calendar day period expires, the Company will withdraw this Agreement offer automatically.
Time to Consider Release. I acknowledge that I have been advised in writing by the Company that I should consult an attorney before executing this Release, and I further acknowledge that I have been given a period of twenty-one (21) calendar days within which to review and consider the provisions of this Release. I understand that if I do not sign this Release before the twenty-one (21) calendar day period expires, this Release offer will be withdrawn automatically.
Time to Consider Release. Executive acknowledges that he has been advised in writing by the Spectra Group that he should consult an attorney before executing this Release, and he further acknowledges that he have 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, this Release offer will be withdrawn automatically and he will not receive the Severance Payment.
Time to Consider Release. The Company advises ▇▇▇▇▇▇▇▇ in writing to consult with an attorney before executing this Agreement. ▇▇▇▇▇▇▇▇ further acknowledges that the Company has given him a period of twenty-one (21) calendar days within which to review and consider the provisions of this Agreement. ▇▇▇▇▇▇▇▇ understands that if he does not sign this Agreement before the twenty-one (21) calendar day period expires, this Agreement will be withdrawn automatically.