Common use of Voluntary Action Clause in Contracts

Voluntary Action. Executive acknowledges that he has read each paragraph of this Agreement and understands his rights and obligations. Executive further acknowledges and agrees that: (a) this Agreement is written in a manner understandable to him; (b) this Agreement is granted in exchange for consideration which is in addition to anything of value to which Executive is otherwise entitled; (c) he has been given a reasonable opportunity to consider and review this Agreement; (d) he has had an opportunity to consult with an attorney prior to deciding whether to enter into this Agreement; (e) he may challenge the validity of his waiver in this Agreement of his rights under the Age Discrimination in Employment Act and the Older Worker Benefits Protection Act; and (f) his signature on this Agreement is knowing and voluntary.

Voluntary Action. Executive acknowledges that he she has read each paragraph of this Agreement and understands his her rights and obligations. Executive further acknowledges and agrees that: (a) this Agreement is written in a manner understandable to himher; (b) this Agreement is granted in exchange for consideration which is in addition to anything of value to which Executive is otherwise entitled; (c) he she has been given a reasonable opportunity to consider and review this Agreement; (d) he she has had an opportunity to consult with an attorney prior to deciding whether to enter into this Agreement; (e) he she may challenge the validity of his her waiver in this Agreement of his her rights under the Age Discrimination in Employment Act and the Older Worker Benefits Protection Act; and (f) his her signature on this Agreement is knowing and voluntary.