Common use of Waiver of Rights Under the Age Discrimination in Employment Act Clause in Contracts

Waiver of Rights Under the Age Discrimination in Employment Act. Executive is over the age of forty (40) years, and in accordance with the Age Discrimination in Employment Act and Older Workers' Benefit Protection Act (collectively, the "Act"), Executive acknowledges that: (i) He has been advised in writing to consult with an attorney prior to executing this Release, and has had the opportunity to do so; (ii) He is aware of certain rights to which he may be entitled under the Act; (iii) In exchange for executing this Release, Executive will receive severance pay to which he would otherwise not be entitled, and in addition to the compensation and benefits that he earned as an employee of the Company; (iv) By signing this Agreement, he will not waive rights or claims under the Act which may arise after the execution of this Agreement; (v) He has been given a period of at least 21 days to consider this Release, and understands that if he does not sign this Agreement he will not receive the severance pay described in Section 3 of this Agreement; and (vi) Executive further acknowledges that he has a period of seven days from the date of execution in which to revoke this Release by email notice to Xxxxxxx Xxxxxx at xxxxxxx@xxxxxxxxxxxxxxx.xxx. 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.

Waiver of Rights Under the Age Discrimination in Employment Act. Executive is over the age of forty (40) years, and in accordance with the Age Discrimination in Employment Act and Older Workers' Benefit Protection Act (collectively, the "Act"), Executive acknowledges that: (i) He has been advised in writing to consult with an attorney prior to executing this Release, and has had the opportunity to do so; (ii) He is aware of certain rights to which he may be entitled under the Act; (iii) In exchange for executing this Release, Executive will receive severance pay to which he would otherwise not be entitled, and in addition to the compensation and benefits that he earned as an employee of the Company; (iv) By signing this Agreement, he will not waive rights or claims under the Act which may arise after the execution of this Agreement; (v) He has been given a period of at least 21 days to consider this Release, and understands that if he does not sign this Agreement he will not receive the severance pay described in Section 3 of this Agreement; and (vi) Executive further acknowledges that he has a period of seven days from the date of execution in which to revoke this Release by email notice to Xxxxxxx Allison Xxxxxx at xxxxxxx@xxxxxxxxxxxxxxx.xxxxx xxxxdia@xxxxxxxxxxxxxxx.xxx. In the Xx xxx 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.

Waiver of Rights Under the Age Discrimination in Employment Act. Executive is over the age of forty (40) years, and in accordance with the Age Discrimination in Employment Act and Older Workers' Benefit Protection Act (collectively, the "Act"), Executive acknowledges that: (i) He has been advised in writing to consult with an attorney prior to executing this Release, and has had the opportunity to do so; (ii) He is aware of certain rights to which he may be entitled under the Act; (iii) In exchange for executing this Release, Executive will receive severance pay to which he would otherwise not be entitled, and in addition to the compensation and benefits that he earned as an employee of the Company; (iv) By signing this Agreement, he will not waive rights or claims under the Act which may arise after the execution of this Agreement; (v) He has been given a period of at least 21 days to consider this Release, and understands that if he does not sign this Agreement he will not receive the severance pay described in Section 3 of this Agreement; and (vi) Executive further acknowledges that he has a period of seven days from the date of execution in which to revoke this Release by email notice to Xxxxxxx Xxxxxx Katy Motiey at xxxxxxx@xxxxxxxxxxxxxxx.xxx. 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.