Time To Review, Attorney Consultation & Revocation. Employee acknowledges and agrees that Company is hereby advising him that: (a) this Agreement contains a release of claims under the Age Discrimination in Employment Act, as amended; (b) he can and should consult with an attorney with respect to the matters contained in this Agreement; (c) he has been given a period of at least [forty-five (45)/twenty one (21)] days to decide whether to accept its terms; (d) he may accept this offer at any point during that time by returning this Agreement, signed by him, to [NAME, ADDRESS], within that time period; and (e) he may revoke this Agreement any time during a period of up to seven (7) days from the date he tenders this signed Agreement to Company. Any revocation must be made in writing and be delivered by hand or otherwise within the required time to [NAME] at the address above. Employee understands that he will receive severance payments and benefits pursuant to the Employment Agreement only once this 7-day revocation period has expired and this Agreement becomes final and irrevocable.
Appears in 3 contracts
Samples: Employment Agreement (Forestar Real Estate Group LLC), Employment Agreement (Temple Inland Inc), Employment Agreement (Guaranty Financial Group Inc.)
Time To Review, Attorney Consultation & Revocation. Employee Executive acknowledges and agrees that Company is hereby advising him that: (a) this Agreement contains a release of claims under the Age Discrimination in Employment Act, as amended; (b) he can and should may consult with an attorney of his choosing with respect to the matters contained in this Agreement; (c) he has been given a period of at least [forty-five (45)/twenty twenty one (21)] ) days to decide whether to accept its terms; (d) he may accept this offer at any point during that time by returning this Agreement, signed by him, to [NAME, ADDRESS], within that time period; and (e) he may revoke this Agreement any time during a period of up to seven (7) days from the date he tenders this signed Agreement to Company. Any revocation must be made in writing and be delivered by hand or otherwise within the required time to [NAME] at the address above. Employee Executive understands that he will receive severance payments and benefits pursuant to the Employment Agreement only once this 7-day revocation period has expired and this Agreement becomes final and irrevocable.. In the event of such revocation by Executive, this Agreement shall be null and void in its entirety and Executive shall have no rights under Section 5(b) or 5(c) of the Employment Agreement
Appears in 1 contract
