Common use of Voluntary Election Clause in Contracts

Voluntary Election. Mx. Xxxxxxxxxx acknowledges that: A. The only consideration being given for signing this Release Agreement is set forth herein. In exchange for signing this Release Agreement, Mx. Xxxxxxxxxx is being provided consideration to which he would not otherwise be entitled. B. Xx other promises or agreements have been made to or with Mx. Xxxxxxxxxx by any person or entity to induce Mx. Xxxxxxxxxx to sign this Release Agreement. C. Xx. Rutherford has been given twenty-one (21) calendar days to consider the effect of this Release Agreement, including the release contained above, before signing this Release Agreement. By signing below, Mx. Xxxxxxxxxx expressly acknowledges that he has been afforded the opportunity to take twenty-one (21) calendar days to consider this Release Agreement and that his execution of this document is with full knowledge of the consequences thereof and is of his own free will. Notwithstanding the foregoing, in no event may Mx. Xxxxxxxxxx execute this Release Agreement prior to the Termination Date. D. Xx. Rutherford is encouraged to discuss this Release Agreement and any matters related to the termination of his employment with an attorney of his own choosing. Mx. Xxxxxxxxxx acknowledges that, before signing, he has had sufficient opportunity to do so. E. Xx. Rutherford may revoke this Release Agreement during the seven-day period beginning immediately after he signs this Release Agreement. Such revocation must be made in writing delivered to Ferro at the address listed below before the end of the seven-day period: Ferro Corporation 6000 Xxxxxxxx Xxxxxxxxx Xxxxx 000 Xxxxxxxx Xxxxxxx, Ohio 44124 Attention: General Counsel The “Effective Date” of this Release Agreement will be the day after the seven-day revocation period has expired. This Release Agreement will be neither effective nor enforceable before the Effective Date. If timely revoked, all portions of this Release Agreement will be void.

Voluntary Election. MxXx. Xxxxxxxxxx Xxxxxx acknowledges that: A. The only consideration being given for signing this Release Agreement is set forth herein. In exchange for signing this Release Agreement, MxXx. Xxxxxxxxxx Xxxxxx is being provided consideration to which he would not otherwise be entitled. B. Xx No other promises or agreements have been made to or with MxXx. Xxxxxxxxxx Xxxxxx by any person or entity to induce MxXx. Xxxxxxxxxx Xxxxxx to sign this Release Agreement. C. Xx. Rutherford Xxxxxx has been given twenty-one (21) calendar days to consider the effect of this Release Agreement, including the release contained above, before signing this Release Agreement. By signing below, MxXx. Xxxxxxxxxx Xxxxxx expressly acknowledges that he has been afforded the opportunity to take twenty-one (21) calendar days to consider this Release Agreement and that his execution of this document is with full knowledge of the consequences thereof and is of his own free will. Notwithstanding the foregoing, in no event may Mx. Xxxxxxxxxx execute this Release Agreement prior to the Termination Date. D. Xx. Rutherford Xxxxxx is encouraged to discuss this Release Agreement and any matters related to the termination of his employment with an attorney of his own choosing. MxXx. Xxxxxxxxxx Xxxxxx acknowledges that, before signing, he has had sufficient opportunity to do so. E. Xx. Rutherford Xxxxxx may revoke this Release Agreement during the seven-day period beginning immediately after he signs this Release Agreement. Such revocation must be made in writing delivered to Ferro at the address listed below before the end of the seven-day period: Ferro Corporation 6000 0000 Xxxxxxxx Xxxxxxxxx Xxxxx 000 Xxxxxxxx Xxxxxxx, Ohio 44124 Attention: General Counsel The “Effective Date” of this Release Agreement will be the day after the seven-day revocation period has expired. This Release Agreement will be neither effective nor enforceable before the Effective Date. If timely revoked, all portions of this Release Agreement will be void.

Voluntary Election. MxXx. Xxxxxxxxxx acknowledges that: A. The only consideration being given for signing this Release Agreement is set forth herein. In exchange for signing this Release Agreement, MxXx. Xxxxxxxxxx is being provided consideration to which he would not otherwise be entitled. B. X. Xx other promises or agreements have been made to or with MxXx. Xxxxxxxxxx by any person or entity to induce MxXx. Xxxxxxxxxx to sign this Release Agreement. C. X. Xx. Rutherford has been given twenty-one (21) calendar days to consider the effect of this Release Agreement, including the release contained above, before signing this Release Agreement. By signing below, MxXx. Xxxxxxxxxx expressly acknowledges that he has been afforded the opportunity to take twenty-one (21) calendar days to consider this Release Agreement and that his execution of this document is with full knowledge of the consequences thereof and is of his own free will. Notwithstanding the foregoing, in no event may MxXx. Xxxxxxxxxx execute this Release Agreement prior to the Termination Date. D. X. Xx. Rutherford is encouraged to discuss this Release Agreement and any matters related to the termination of his employment with an attorney of his own choosing. MxXx. Xxxxxxxxxx acknowledges that, before signing, he has had sufficient opportunity to do so. E. X. Xx. Rutherford may revoke this Release Agreement during the seven-day period beginning immediately after he signs this Release Agreement. Such revocation must be made in writing delivered to Ferro at the address listed below before the end of the seven-day period: Ferro Corporation 6000 0000 Xxxxxxxx Xxxxxxxxx Xxxxx 000 Xxxxxxxx Xxxxxxx, Ohio 44124 Attention: General Counsel The “Effective Date” of this Release Agreement will be the day after the seven-day revocation period has expired. This Release Agreement will be neither effective nor enforceable before the Effective Date. If timely revoked, all portions of this Release Agreement will be void.

Voluntary Election. MxXx. Xxxxxxxxxx Xxxxx acknowledges that: A. The only consideration being given for signing this Release Agreement is set forth herein. In exchange for signing this Release Agreement, MxXx. Xxxxxxxxxx Xxxxx is being provided consideration to which he would not otherwise be entitled. B. Xx No other promises or agreements have been made to or with MxXx. Xxxxxxxxxx Xxxxx by any person or entity to induce MxXx. Xxxxxxxxxx Xxxxx to sign this Release Agreement. C. Xx. Rutherford Xxxxx has been given twenty-one (21) calendar days to consider the effect of this Release Agreement, including the release contained above, before signing this Release Agreement. By signing below, MxXx. Xxxxxxxxxx Xxxxx expressly acknowledges that he has been afforded the opportunity to take twenty-one (21) calendar days to consider this Release Agreement and that his execution of this document is with full knowledge of the consequences thereof and is of his own free will. Notwithstanding the foregoing, in no event may Mx. Xxxxxxxxxx execute this Release Agreement prior to the Termination Date. D. Xx. Rutherford Xxxxx is encouraged to discuss this Release Agreement and any matters related to the termination of his employment with an attorney of his own choosing. MxXx. Xxxxxxxxxx Xxxxx acknowledges that, before signing, he has had sufficient opportunity to do so. E. Xx. Rutherford Xxxxx may revoke this Release Agreement during the seven-day period beginning immediately after he signs this Release Agreement. Such revocation must be made in writing delivered to Ferro at the address listed below before the end of the seven-day period: Ferro Corporation 6000 0000 Xxxxxxxx Xxxxxxxxx Xxxxx 000 Xxxxxxxx Xxxxxxx, Ohio 44124 Attention: General Counsel The “Effective Date” of this Release Agreement will be the day after the seven-day revocation period has expired. This Release Agreement will be neither effective nor enforceable before the Effective Date. If timely revoked, all portions of this Release Agreement will be void.