Waiver of Rights Under the Age Discrimination in Employment Act. Employee specifically understands and acknowledges that the Age Discrimination in Employment Act of 1967, as amended (the “ADEA”), provides Employee the right to bring a claim against Employer if Employee believes that Employee has been discriminated against on the basis of age. Employer specifically denies any such discrimination. Employee understands the rights afforded to Employee under the ADEA and agrees that Employee will not file any claim or action against Employer or any of the entities released in Section 6.0 affiliated with Employer based on any alleged violations of the ADEA. Employee hereby knowingly and voluntarily waives any right to assert a claim for relief under this Act, including but not limited to back pay, front pay, attorneys fees, damages, reinstatement or injunctive relief. Notwithstanding the foregoing, Employee does not waive any ADEA claim which may arise after this Agreement is executed. Employee also understands and acknowledges that the ADEA requires Employer to provide Employee with at least twenty-one (21) calendar days to consider this Agreement (“Consideration Period”) prior to its execution. Employee acknowledges that Employee was provided with the required Consideration Period and hereby knowingly and voluntarily, after the opportunity to consult with an attorney, either has used the Consideration Period or waives the remainder of the Consideration Period by executing the Waiver of Consideration Period attached as Exhibit A. Employee understands that Employee is entitled to revoke this Agreement at any time during the seven (7) days following Employee’s execution of this Agreement. Employee also understands that any revocation of this Agreement must be in writing and delivered to the attention of Xxxxx Xxxxx VP Human Resources and Operational Excellence, at Employer’s office in Irvine, California prior to the expiration of the revocation period. Delivery of the revocation should be via facsimile to (000) 000-0000 with a hard copy to follow via first class mail.
Appears in 1 contract
Waiver of Rights Under the Age Discrimination in Employment Act. Employee specifically Executive understands and acknowledges that the Age Discrimination in Employment Act of 1967, as amended (the “ADEA”), provides Employee Executive the right to bring a claim against Employer if Employee Executive believes that Employee he has been discriminated against on the basis of age. Employer specifically denies any such discrimination. Employee Executive understands the rights afforded to Employee him under the ADEA and agrees that Employee he will not file any claim or action against Employer or any of the entities released in Section 6.0 affiliated with Employer Released Parties based on any alleged violations of the ADEA. Employee Executive hereby knowingly and voluntarily waives any right to assert a claim for relief under this Act, including but not limited to back pay, front pay, attorneys fees, damages, reinstatement or injunctive relief. Notwithstanding the foregoing, Employee does not waive any ADEA claim which may arise after this Agreement is executed. Employee Executive also understands and acknowledges that the ADEA requires Employer to provide Employee Executive with at least twenty-one (21) calendar days to consider this Agreement (“Consideration Period”) prior to its execution. Employee Executive acknowledges that Employee he was provided with the required Consideration Period and hereby knowingly and voluntarily, after the opportunity to consult with an attorney, either has used the Consideration Period or or, alternatively, that he elected to sign the Agreement within the Consideration Period and waives the remainder of the Consideration Period by executing the Waiver of Consideration Period attached as Exhibit A. Employee Period. Executive also understands that Employee Executive is entitled to revoke this Agreement at any time during the seven (7) days following EmployeeExecutive’s execution of this AgreementAgreement (“Revocation Period”). Employee Executive also understands that any revocation of this Agreement must be in writing and delivered to the attention of Xxxxx Xxxxx VP Human Resources and Operational ExcellenceXxxxxx X. Xxxxx, Chairman of the Boards, at Employer’s office in Irvineheadquarters located at 0000 Xxxxx Xxxxxxxxx Xxxxx, California Xxxxx 000, Xxxxxx, Xxxxxxxxxx 00000 prior to the expiration of the revocation period. Delivery of the revocation should be via facsimile to (000) 000-0000 with a hard copy to follow via first class mail.
Appears in 1 contract
Samples: Employment Agreement (Central Valley Community Bancorp)
Waiver of Rights Under the Age Discrimination in Employment Act. Employee specifically Executive understands that this Agreement, and acknowledges that the Age Discrimination in Employment Act release contained herein, waives all of 1967, as amended (the “ADEA”), provides Employee the right to bring a claim against Employer if Employee believes that Employee has been discriminated against on the basis of age. Employer specifically denies any such discrimination. Employee understands the his or her claims and rights afforded to Employee under the ADEA and agrees that Employee will not file any claim or action against Employer or any (including the Older Workers Benefit Protection Act). The waiver of the entities released in Section 6.0 affiliated with Employer based on any alleged violations of Executive’s rights under the ADEA. Employee hereby knowingly and voluntarily waives any right to assert a claim for relief under this Act, including but not limited to back pay, front pay, attorneys fees, damages, reinstatement or injunctive relief. Notwithstanding the foregoing, Employee ADEA does not waive any ADEA claim which may extend to claims or rights that might arise after the date this Agreement is executed. Employee also understands and All or part of the consideration to be paid to the Executive are in addition to any sums to which the Executive would be entitled without signing this Agreement. The Executive acknowledges that the ADEA requires Employer he has been given up to provide Employee with at least twenty-one (21) calendar days to consider the terms of this Agreement (“Consideration Period”) prior to its executionAgreement. Employee acknowledges that Employee was provided with the required Consideration Period and hereby knowingly and voluntarily, after the opportunity The Executive has been advised to consult with an attorney, either has used the Consideration Period or waives the remainder of the Consideration Period by attorney prior to executing the Waiver of Consideration Period attached as Exhibit A. Employee understands that Employee is entitled to revoke this Agreement at any time during the and has been given a full and fair opportunity to do so. Executive acknowledges that he has carefully read this Agreement, fully understands this Agreement, and is entering into this Agreement knowingly and voluntarily. For a period of seven (7) days following Employeeexecution of this Agreement (including execution by the Executive on or following the Separation Date), the Executive may revoke the terms of this Agreement by a written document received by the Company no later than 11:59 p.m. of the seventh (7th) day following the Executive’s execution of this Agreement. Employee also understands that any This Agreement will not be effective until said revocation period has expired without a revocation by the Executive on the eighth (8th) day following its execution (including execution by the Executive on or following the Separation Date) (the “Release Effective Date”). Upon revocation of this Agreement must be in writing and delivered Agreement, the Company will have no obligation to make payments of any kind hereunder, other than amounts due to the attention Executive as a matter of Xxxxx Xxxxx VP Human Resources law, and Operational Excellence, at Employer’s office in Irvine, California prior to the expiration of the revocation period. Delivery of the revocation should this Agreement will be via facsimile to (000) 000-0000 with a hard copy to follow via first class mailvoid ab initio.
Appears in 1 contract
Samples: Separation and Transition Agreement (Us Concrete Inc)
Waiver of Rights Under the Age Discrimination in Employment Act. Employee specifically Executive understands and acknowledges that the Age Discrimination in Employment Act of 1967, as amended (the “ADEA”), provides Employee Executive the right to bring a claim against Employer if Employee Executive believes that Employee he has been discriminated against on the basis of age. Employer specifically denies any such discrimination. Employee Executive understands the rights afforded to Employee him under the ADEA and agrees that Employee he will not file any claim or action against Employer or any of the entities released in Section 6.0 affiliated with Employer Released Parties based on any alleged violations of the ADEA. Employee Executive hereby knowingly and voluntarily waives any right to assert a claim for relief under this Act, including but not limited to back pay, front pay, attorneys fees, damages, reinstatement or injunctive relief. Notwithstanding the foregoing, Employee does not waive any ADEA claim which may arise after this Agreement is executed. Employee Executive also understands and acknowledges that the ADEA requires Employer to provide Employee Executive with at least twenty-one (21) calendar days to consider this Agreement (“Consideration Period”) prior to its execution. Employee Executive acknowledges that Employee he was provided with the required Consideration Period and hereby knowingly and voluntarily, after the opportunity to consult with an attorney, either has used the Consideration Period or or, alternatively, that he elected to sign the Agreement within the Consideration Period and waives the remainder of the Consideration Period by executing the Waiver of Consideration Period attached as Exhibit A. Employee Period. Executive also understands that Employee Executive is entitled to revoke this Agreement at any time during the seven (7) days following EmployeeExecutive’s execution of this AgreementAgreement (“Revocation Period”). Employee Executive also understands that any revocation of this Agreement must be in writing and delivered to the attention of Xxxxx Xxxxx VP Human Resources and Operational ExcellenceX. Xxx, Chief Executive Officer, at Employer’s office in Irvineheadquarters located at 0000 Xxxxx Xxxxxxxxx Xxxxx, California Xxxxx 000, Xxxxxx, Xxxxxxxxxx 00000 prior to the expiration of the revocation period. Delivery of the revocation should be via facsimile to (000) 000-0000 with a hard copy to follow via first class mail.
Appears in 1 contract
Samples: Transition Agreement (Central Valley Community Bancorp)
Waiver of Rights Under the Age Discrimination in Employment Act. Employee specifically understands Executive is over the age of forty (40) years, and acknowledges that in accordance with the Age Discrimination in Employment Act of 1967and Older Workers’ Benefit Protection Act (collectively, as amended (the “ADEAAct”), provides Employee the right to bring a claim against Employer if Employee believes that Employee Executive acknowledges that:
i. He has been discriminated against on advised in writing to consult with an attorney prior to executing this Release, and has had the basis opportunity to do so;
ii. He is aware of age. Employer specifically denies any such discrimination. Employee understands the certain rights afforded to Employee which he may be entitled under the ADEA Act;
iii. In exchange for executing this Release, Executive will receive severance pay to which he would otherwise not be entitled, and agrees in addition to the compensation and benefits that Employee he earned as an employee of the Company;
iv. By signing this Agreement, he will not file any claim waive rights or action against Employer or any of claims under the entities released in Section 6.0 affiliated with Employer based on any alleged violations of the ADEA. Employee hereby knowingly and voluntarily waives any right to assert a claim for relief under this Act, including but not limited to back pay, front pay, attorneys fees, damages, reinstatement or injunctive relief. Notwithstanding the foregoing, Employee does not waive any ADEA claim Act which may arise after the execution of this Agreement is executed. Employee also understands and acknowledges that the ADEA requires Employer to provide Employee with Agreement;
v. He has been given a period of at least twenty-one (21) calendar 21 days to consider this Release, and understands that if he does not sign this Agreement (“Consideration Period”) prior to its executionhe will not receive the severance pay and equity awards described in Paragraphs 1 and 2 of this Agreement; and
vi. Employee Executive further acknowledges that Employee was provided with he has a period of seven days from the required Consideration Period and hereby knowingly and voluntarily, after the opportunity to consult with an attorney, either has used the Consideration Period or waives the remainder date of the Consideration Period by executing the Waiver of Consideration Period attached as Exhibit A. Employee understands that Employee is entitled execution in which to revoke this Agreement at any time during by email notice to Xxxxxxx Xxxxxxxx. If the seven (7) days following Employee’s execution Executive revokes this Agreement, it shall not become effective or enforceable and the Executive will not receive the severance benefits described in Paragraph 1 and Equity payments described in Paragraph 2 of this Agreement. Employee also understands that any In the event Executive does not exercise his right to revoke this Agreement, the Agreement shall become effective on the date immediately following the seven-day revocation period described above (“Effective Date”).
vii. Nothing in this Agreement prevents or precludes Executive from challenging or seeking a determination in good faith of the validity of this waiver under the ADEA, nor does it impose any condition precedent, penalties, or costs for doing so, unless specifically authorized by federal law. In the event Executive signs this Agreement must be in writing and delivered returns it to the attention of Xxxxx Xxxxx VP Human Resources Company in less than the 21-day period identified above, Executive hereby acknowledges that he has freely and Operational Excellence, at Employer’s office in Irvine, California prior voluntarily chosen to waive the expiration of the revocation period. Delivery of the revocation should be via facsimile to (000) 000-0000 with a hard copy to follow via first class mailtime period allotted for considering this Agreement.
Appears in 1 contract
Samples: Separation and Consulting Agreement (Pixelworks, Inc)
Waiver of Rights Under the Age Discrimination in Employment Act. Employee specifically understands and acknowledges that the Age Discrimination in Employment Act of 1967, as amended (the “"ADEA”"), provides Employee the right to bring a claim against Employer if Employee believes that Employee has been discriminated against on the basis of age. Employer specifically denies any such discrimination. Employee understands the rights afforded to Employee under the ADEA and agrees that Employee will not file any claim or action against Employer or any of the entities released in Section 6.0 5.0 affiliated with Employer based on any alleged violations of the ADEA. Employee hereby knowingly and voluntarily waives any right to assert a claim for relief under this Act, including but not limited to back pay, front pay, attorneys fees, damages, reinstatement or injunctive relief. Notwithstanding the foregoing, Employee does not waive any ADEA claim which may arise after this Agreement is executed. Employee also understands and acknowledges that the ADEA requires Employer to provide Employee with at least twenty-one (21) calendar days to consider this Agreement (“"Consideration Period”") prior to its execution. Employee acknowledges that Employee was provided with the required Consideration Period and hereby knowingly and voluntarily, after the opportunity to consult with an attorney, either has used the Consideration Period or waives the remainder of the Consideration Period by executing the Waiver of Consideration Period attached as Exhibit A. Employee understands that Employee is entitled to revoke this Agreement at any time during the seven (7) days following Employee’s 's execution of this Agreement. Employee also understands that any revocation of this Agreement must be in writing and delivered to the attention of Xxxxx Xxxxx Xxxxx, VP Human Resources and Operational Excellence, Excellence at Employer’s 's office in Irvine, California prior to the expiration of the revocation period. Delivery of the revocation should be via facsimile to (000) 000-0000 with a hard copy to follow via first class mail.
Appears in 1 contract
Waiver of Rights Under the Age Discrimination in Employment Act. Employee specifically Executive understands and acknowledges that the Age Discrimination in Employment Act of 1967, as amended (the “ADEA”), provides Employee Executive the right to bring a claim against Employer Bank if Employee Executive believes that Employee he has been discriminated against on the basis of age. Employer specifically Bank denies any such discrimination. Employee Executive understands the rights afforded to Employee him under the ADEA and agrees that Employee he will not file any claim or action against Employer Bank or any of the entities released in Section 6.0 affiliated with Employer Released Parties based on any alleged violations of the ADEA. Employee Executive hereby knowingly and voluntarily waives any right to assert a claim for relief under this Act, including but not limited to back pay, front pay, attorneys fees, damages, reinstatement or injunctive relief. Notwithstanding the foregoing, Employee does not waive any ADEA claim which may arise after this Agreement is executed. Employee Executive also understands and acknowledges that the ADEA requires Employer Bank to provide Employee Executive with at least twenty-one (21) calendar days to consider this Agreement (“Consideration Period”) prior to its execution. Employee Executive acknowledges that Employee he was provided 1355022.2 with the required Consideration Period and hereby knowingly and voluntarily, after the opportunity to consult with an attorney, either has used the Consideration Period or or, alternatively, that he elected to sign the Agreement within the Consideration Period and waives the remainder of the Consideration Period by executing the Waiver of Consideration Period attached as Exhibit A. Employee Period. Executive also understands that Employee Executive is entitled to revoke this Agreement at any time during the seven (7) days following EmployeeExecutive’s execution of this AgreementAgreement (“Revocation Period”). Employee Executive also understands that any revocation of this Agreement must be in writing and delivered to the attention of Xxxxx Xxxxx VP Human Resources Xxxxxx X. Xxxxx, President and Operational ExcellenceChief Executive Offer, at EmployerBank’s office in Irvineheadquarters located at 0000 Xxxxx Xxxxxxxxx Xxxxx, California Xxxxx 000, Xxxxxx, Xxxxxxxxxx 00000 prior to the expiration of the revocation period. Delivery of the revocation should be via facsimile to (000) 000-0000 with a hard copy to follow via first class mail.
Appears in 1 contract
Samples: Employment Agreement (Central Valley Community Bancorp)
Waiver of Rights Under the Age Discrimination in Employment Act. Employee specifically understands Executive is over the age of forty (40) years, and acknowledges that in accordance with the Age Discrimination in Employment Act of 1967and Older Workers’ Benefit Protection Act (collectively, as amended (the “ADEAAct”), provides Employee the right to bring a claim against Employer if Employee believes that Employee Executive acknowledges that:
(i) Executive has been discriminated against on advised in writing to consult with an attorney prior to executing this Release, and has had the basis opportunity to do so;
(ii) Executive is aware of age. Employer specifically denies any such discrimination. Employee understands the certain rights afforded to Employee which he may be entitled under the ADEA Act;
(iii) In exchange for executing this Release, Executive will receive severance pay and agrees benefits provided for in the Transition and Separation Agreement to which he would otherwise not be entitled, and in addition to the compensation and benefits that Employee he earned as an employee of the Company;
(iv) By signing this Release, Executive will not file any claim waive rights or action against Employer or any of claims under the entities released in Section 6.0 affiliated with Employer based on any alleged violations of the ADEA. Employee hereby knowingly and voluntarily waives any right to assert a claim for relief under this Act, including but not limited to back pay, front pay, attorneys fees, damages, reinstatement or injunctive relief. Notwithstanding the foregoing, Employee does not waive any ADEA claim Act which may arise after the execution of this Agreement is executed. Employee also understands and acknowledges that the ADEA requires Employer to provide Employee with Release;
(v) Executive has been given a period of at least twenty-one (21) calendar 21 days to consider this Agreement (“Consideration Period”) prior to its execution. Employee acknowledges Release, and understands that Employee was provided with if he does not sign this Release he will not receive the required Consideration Period severance pay and hereby knowingly and voluntarily, after the opportunity to consult with an attorney, either has used the Consideration Period or waives the remainder benefits described in Section 3 of the Consideration Period by executing Transition and Separation Agreement; and
(vi) Executive has a period of seven days from the Waiver date of Consideration Period attached as Exhibit A. Employee understands that Employee is entitled execution in which to revoke this Agreement Release by email notice to Katy Motiey at any time during kxxxxxx@xxxxxxxxxxxxxxx.xxx. In the seven event Executive does not exercise his right to revoke this Release, the Release shall become effective on the date immediately following the seven-day revocation period described above.
(7vii) days following Employee’s execution of this Agreement. Employee also understands Executive and the Company expressly agree that any revocation of revisions made to this Agreement must be in writing and delivered to Release, whether material or not, do not restart the attention of Xxxxx Xxxxx VP Human Resources and Operational Excellence, at Employer’s office in Irvine, California prior to the expiration running of the revocation 21-day review period. Delivery of the revocation should be via facsimile to (000) 000-0000 with a hard copy to follow via first class mail.
Appears in 1 contract
Samples: Transition and Separation Agreement (Extreme Networks Inc)
Waiver of Rights Under the Age Discrimination in Employment Act. Employee specifically understands and acknowledges that the Age Discrimination in Employment Act of 1967, as amended (the “ADEA”), provides Employee the right to bring a claim against Employer if Employee believes that Employee has been discriminated against on the basis of age. Employer specifically denies any such discrimination. Employee understands the rights afforded to Employee him under the ADEA and agrees that Employee he will not file any claim or action against Employer or any of the entities released in Section 6.0 affiliated with Employer Released Parties based on any alleged violations of the ADEA. Employee hereby knowingly and voluntarily waives any right to assert a claim for relief under this Act, including but not limited to back pay, front pay, attorneys attorney’s fees, damages, reinstatement or injunctive relief. Notwithstanding Employee is advised to consult with independent legal counsel prior to executing a waiver of rights under the foregoing, Employee does not waive any ADEA claim which may arise after this Agreement is executedADEA. Employee also understands and acknowledges that the ADEA requires Employer to provide Employee with at least twenty-one (21) calendar days to consider this Agreement (“Consideration Period”) prior to its execution. Employee acknowledges that Employee he was provided with the required Consideration Period and hereby knowingly and voluntarily, after the opportunity to consult with an attorney, either has used the Consideration Period or or, alternatively, that he elected to sign the Agreement within the Consideration Period and waives the remainder of the Consideration Period by executing the Waiver of Consideration Period attached as Exhibit A. Period. Employee also understands that Employee is entitled to revoke this Agreement at any time during the seven (7) days following Employee’s execution of this AgreementAgreement (“Revocation Period”). Employee also understands that any revocation of this Agreement must be in writing and delivered to the attention of Xxxxxxx X. Xxxxxx, President and CEO, Bank of Commerce Holdings, 0000 Xxxxxx Xxxx, Xxxxx Xxxxx VP Human Resources and Operational Excellence000, at Employer’s office in IrvineXxxxxxxxx, California XX 00000 prior to the expiration of the revocation period. Delivery of the revocation should be via facsimile to (000) 000-0000 with a hard copy to follow via first class mailRevocation Period.
Appears in 1 contract
Samples: Severance and Release Agreement (Bank of Commerce Holdings)
Waiver of Rights Under the Age Discrimination in Employment Act. Employee specifically understands and acknowledges that the Age Discrimination in Employment Act of 1967, as amended (the “ADEA”), provides Employee the right to bring a claim against Employer if Employee believes that Employee has been discriminated against on the basis of age. Employer specifically denies any such discrimination. Employee understands the rights afforded to Employee him under the ADEA and agrees that Employee he will not file any claim or action against Employer or any of the entities released in Section 6.0 affiliated with Employer Released Parties based on any alleged violations of the ADEA. Employee hereby knowingly and voluntarily waives any right to assert a claim for relief under this Actthe ADEA, including but not limited to back pay, front pay, attorneys attorney’s fees, damages, reinstatement or injunctive relief. Notwithstanding Employee is advised to consult with independent legal counsel prior to executing a waiver of rights under the foregoing, Employee does not waive any ADEA claim which may arise after this Agreement is executedADEA. Employee also understands and acknowledges that the ADEA requires Employer to provide Employee with at least twenty-one (21) calendar days to consider this Agreement (“Consideration Period”) prior to its execution. Employer hereby extends this time frame from twenty-one (21) days to Fifty-three (53) days (the “Consideration Period”). Employee acknowledges that Employee he was provided with the required Consideration Period and hereby knowingly and voluntarily, after the opportunity to consult with an attorney, either has used the Consideration Period or or, alternatively, that he elected to sign this Agreement within the Consideration Period and waives the remainder of the Consideration Period by executing Period. Employer and Employee agree that any changes to this Agreement, whether material or immaterial, do not restart the Waiver running of the Consideration Period attached as Exhibit A. Period. Employee also understands that Employee is entitled to revoke this Agreement at any time during the seven (7) days following Employee’s execution of this AgreementAgreement (“Revocation Period”). Employee also understands that any revocation of this Agreement must be in writing and delivered to the attention of Xxxxx Xxxxx VP Bxxxxx X. Xxxxx, SVP Human Resources and Operational ExcellenceDirector, at Employer’s office in IrvineMerchants Bank of Commerce, California 1000 Xxxxxx Xxxx, Xxxxx 000, Xxxxxxxxx XX 00000 prior to the expiration of the revocation period. Delivery of the revocation should be via facsimile to (000) 000-0000 with a hard copy to follow via first class mailRevocation Period.
Appears in 1 contract
Waiver of Rights Under the Age Discrimination in Employment Act. Employee specifically Executive understands that this Agreement, and acknowledges that the Age Discrimination in Employment Act release contained herein, waives all of 1967, as amended (the “ADEA”), provides Employee the right to bring a claim against Employer if Employee believes that Employee has been discriminated against on the basis of age. Employer specifically denies any such discrimination. Employee understands the his or her claims and rights afforded to Employee under the ADEA and agrees that Employee will not file any claim or action against Employer or any (including the Older Workers Benefit Protection Act). The waiver of the entities released in Section 6.0 affiliated with Employer based on any alleged violations of Executive’s rights under the ADEA. Employee hereby knowingly and voluntarily waives any right to assert a claim for relief under this Act, including but not limited to back pay, front pay, attorneys fees, damages, reinstatement or injunctive relief. Notwithstanding the foregoing, Employee ADEA does not waive any ADEA claim which may extend to claims or rights that might arise after the date this Agreement is executed. Employee also understands and All or part of the consideration to be paid to the Executive are in addition to any sums to which the Executive would be entitled without signing this Agreement. The Executive acknowledges that the ADEA requires Employer he or she has been given up to provide Employee with at least twenty-one (21) calendar days to consider the terms of this Agreement (“Consideration Period”) prior to its executionAgreement. Employee acknowledges that Employee was provided with the required Consideration Period and hereby knowingly and voluntarily, after the opportunity The Executive has been advised to consult with an attorney, either has used the Consideration Period or waives the remainder of the Consideration Period by attorney prior to executing the Waiver of Consideration Period attached as Exhibit A. Employee understands that Employee is entitled to revoke this Agreement at any time during the and has been given a full and fair opportunity to do so. Executive acknowledges that he or she has carefully read this Agreement, fully understands this agreement, and is entering into this Agreement knowingly and voluntarily. For a period of seven (7) days following Employeeexecution of this Agreement (including execution by the Executive on or following the Termination Date), the Executive may revoke the terms of this Agreement by a written document received by the Company no later than 11:59 p.m. of the seventh (7th) day following the Executive’s execution of this Agreement. Employee also understands that any This Agreement will not be effective until said revocation period has expired without a revocation by the Executive on the eighth (8th) day following its execution (including execution by the Executive on or following the Termination Date) (the “Effective Date”). Upon revocation of this Agreement must be in writing and delivered Agreement, the Company will have no obligation to make payments of any kind hereunder, other than amounts due to the attention Executive as a matter of Xxxxx Xxxxx VP Human Resources law, and Operational Excellence, at Employer’s office in Irvine, California prior to the expiration of the revocation period. Delivery of the revocation should this Agreement will be via facsimile to (000) 000-0000 with a hard copy to follow via first class mailvoid ab initio.
Appears in 1 contract
Samples: Separation and Release Agreement (Great Wolf Resorts, Inc.)