Common use of Time to Consider Release Clause in Contracts

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.

Appears in 4 contracts

Samples: Employment Agreement (Hughes Communications, Inc.), Employment Agreement (Hughes Communications, Inc.), Employment Agreement (Hughes Communications, Inc.)

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