Waiver of Rights and Claims under the Age Discrimination in Employment Act. Because Employee is forty (40) years of age or older, Employee is protected against age discrimination by the federal Age Discrimination in Employment Act. Employee has or may have specific rights and/or claims under the Age Discrimination in Employment Act of 1967 (ADEA) and the Employee agrees that: (a) In consideration for the amounts described in Section 4(a) of this Agreement, which Employee is not otherwise entitled to receive, Employee specifically and voluntarily waives such rights and/or claims under the ADEA, as amended by the Older Workers Benefit Protection Act, that Employee might have against the Company Releasees to the extent such rights and/or claims arose prior to the date this Agreement was executed. (b) Employee understands that rights or claims under the ADEA which may arise after the date this Agreement is executed are not waived by Employee. (c) The Company has advised Employee that Employee has at least forty-five (45) days within which to consider the terms of this Agreement (including all Exhibits). The Company advises Employee to consult with or seek advice from an attorney of Employee’s choice prior to executing this Agreement. If Employee signs this Agreement in fewer than forty-five (45) days, Employee acknowledges that the decision was entirely voluntary and that Employee was given the full forty-five (45) days to consider the Agreement. If Employee does not sign this Agreement and return it to the Company within forty-five (45) days, the offer contained herein shall be null and void. (d) The forty-five (45) day review period will not be affected or extended by any revisions, whether material or immaterial, that might be made to this Agreement. (e) Employee understands that Employee may revoke this Agreement for a period of seven (7) days after signing this Agreement, and that it shall not be effective or enforceable until the expiration of this seven (7) day
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Waiver of Rights and Claims under the Age Discrimination in Employment Act. Because Employee is forty (40) years of age or older, Employee is protected against age discrimination by the federal Age Discrimination in Employment Act. Employee has or may have specific rights and/or claims under the Age Discrimination in Employment Act of 1967 (ADEA) and the Employee agrees that:
(a) In consideration for the amounts described in Section 4(a) of this Agreement, which Employee is not otherwise entitled to receive, Employee specifically and voluntarily waives such rights and/or claims under the ADEA, as amended by the Older Workers Benefit Protection Act, that Employee might have against the Company Releasees to the extent such rights and/or claims arose prior to the date this Agreement was executed.
(b) Employee understands that rights or claims under the ADEA which may arise after the date this Agreement is executed are not waived by Employee.
(c) The Company has advised Employee that Employee has at least fortytwenty-five one (4521) days within which to consider the terms of this Agreement (including all Exhibits). The Company advises Employee ) and to consult with or seek advice from an attorney of Employee’s choice prior to executing this Agreement. If Employee signs this Agreement in fewer than fortytwenty-five one (4521) days, Employee acknowledges that the decision was entirely voluntary and that Employee was given the full fortytwenty-five one (4521) days to consider the Agreement. If Employee does not sign this Agreement and return it to the Company within fortytwenty-five one (4521) days, the offer contained herein shall be null and void.
(d) The fortytwenty-five one (4521) day review period will not be affected or extended by any revisions, whether material or immaterial, that might be made to this Agreement.
(e) Employee understands that Employee may revoke this Agreement for a period of seven (7) days after signing this Agreement, and that it shall not be effective or enforceable until the expiration of this seven (7) day
Appears in 1 contract
Waiver of Rights and Claims under the Age Discrimination in Employment Act. Because Employee is forty (40) years of age or older, Employee is protected against age discrimination by the federal Age Discrimination in Employment Act. Employee has or may have specific rights and/or claims under the Age Discrimination in Employment Act of 1967 (ADEA) and the Employee agrees that:
(a) In consideration for the amounts described in Section 4(a) and 4(b) of this Agreement, which Employee is not otherwise entitled to receive, Employee specifically and voluntarily waives such rights and/or claims under the ADEA, as amended by the Older Workers Benefit Protection Act, that Employee might have against the Company Releasees to the extent such rights and/or claims arose prior to the date this Agreement was executed.
(b) Employee understands that rights or claims under the ADEA which may arise after the date this Agreement is executed are not waived by Employee.
(c) The Company has advised Employee that Employee has at least fortytwenty-five one (4521) days within which to consider the terms of this Agreement (including all Exhibits). The Company advises Employee ) and to consult with or seek advice from an attorney of Employee’s choice prior to executing this Agreement. If Employee signs this Agreement in fewer than fortytwenty-five one (4521) days, Employee acknowledges that the decision was entirely voluntary and that Employee was given the full fortytwenty-five one (4521) days to consider the Agreement. If Employee does not sign this Agreement and return it to the Company within fortytwenty-five one (4521) days, the offer contained herein shall be null and void.
(d) The fortytwenty-five one (4521) day review period will not be affected or extended by any revisions, whether material or immaterial, that might be made to this Agreement.
(e) Employee understands that Employee may revoke this Agreement for a period of seven (7) days after signing this Agreement, and that it shall not be effective or enforceable until the expiration of this seven (7) day
Appears in 1 contract
Waiver of Rights and Claims under the Age Discrimination in Employment Act. Because Employee is forty (40) years of age or older, Employee is protected against age discrimination by the federal Age Discrimination in Employment Act. Employee has or may have specific rights and/or claims under the Age Discrimination in Employment Act of 1967 (ADEA) and the Employee agrees that:
(a) In consideration for the amounts described in Section 4(a) of this Agreement, which Employee is not otherwise entitled to receive, Employee specifically and voluntarily waives such rights and/or claims under the ADEA, as amended by the Older Workers Benefit Protection Act, that Employee might have against the Company Releasees to the extent such rights and/or claims arose prior to the date this Agreement was executed.
(b) Employee understands that rights or claims under the ADEA which may arise after the date this Agreement is executed are not waived by Employee.
(c) The Company has advised Employee that Employee has at least forty-five (45) days within which to consider the terms of this Agreement (including all Exhibits). The Company advises Employee to consult with or seek advice from an attorney of Employee’s choice prior to executing this Agreement. If Employee signs this Agreement in fewer than forty-five (45) days, Employee acknowledges that the decision was entirely voluntary and that Employee was given the full forty-five (45) days to consider the Agreement. If Employee does not sign this Agreement and return it to the Company within forty-five (45) days, the offer contained herein shall be null and void.
(d) The forty-five (45) day review period will not be affected or extended by any revisions, whether material or immaterial, that might be made to this Agreement.
(e) Employee acknowledges that Employee received Exhibit B, which consists of a description of (i) any class, unit or group of individuals covered by the severance benefits program; (ii) any eligibility factors for such program and time limits applicable to such program; and (iii) the job title and ages of all individuals eligible or selected for the program, and the ages of all individuals in the same job classification or organizational unit who are not eligible or selected for the program as required by the Older Workers Benefit Protection Act (the “OWBPA material”).
(f) Employee understands that Employee may revoke this Agreement for a period of seven (7) days after signing this Agreement, and that it shall not be effective or enforceable until the expiration of this seven (7) day
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