Release Consideration Period definition

Release Consideration Period means the period of time pursuant to the terms of the Release afforded the Executive to consider whether to sign it.

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Release Consideration Period means the period of time specified by the Release, not to exceed forty-five (45) days, during which the affected Participant is permitted to consider whether or not to sign the Release.

Release Consideration Period means the period of 21 days or 45 days, as applicable, following the date the Company provides the Eligible Executive with a general release of claims before the Eligible Executive must execute such release of claims to fulfill the Release Requirement.

Examples of Release Consideration Period in a sentence

Any installments of the Death or Disability Payment that, in accordance with customary payroll practices, would have typically been made during the Release Consideration Period shall accumulate and shall then be paid on the Initial Payment Date.
Any installments of the Severance Payments that, in accordance with customary payroll practices, would have typically been made during the Release Consideration Period shall accumulate and shall then be paid on the Initial Severance Payment Date.
Notwithstanding anything in this Section 9(b) to the contrary, to the extent the Executive has not executed the Release within the Release Consideration Period and delivered it to the Company, or has revoked the executed Release within the Release Revocation Period, as determined at the end of such Release Revocation Period, the Executive will forfeit any right to receive the payments and benefits specified in this Section 9(b).
Any installments of the COBRA Payment that, in accordance with customary payroll practices, would have typically been made during the Release Consideration Period shall accumulate and shall then be paid on the Initial Severance Payment Date.
In the event that Executive does not sign this Release Agreement before the expiration of the Release Consideration Period, or in the event that Executive revokes this Release Agreement during the Revocation Period, this Release Agreement and the Separation Agreement shall be deemed automatically null and void in their entirety (and, for the avoidance of doubt, Executive shall not be entitled to receive any of the Severance Benefits in accordance with the terms of the Separation Agreement).
Executive further acknowledges that any modification of this Release, whether material or immaterial, will not restart or change the Release Consideration Period.
The Company’s obligation to provide such payments and benefits is expressly made subject to and conditioned upon Executive executing a Release within the Release Consideration Period and delivering it to the Company with the Release Revocation Period expired without revocation.
Notwithstanding the payment schedule set forth in Section 6(b)(i) hereof, if the Release Consideration Period spans two calendar years, then the first payment to be made pursuant to Section 6(b)(i) shall be on the first payroll date following the later of (i) January 1 following the Termination Date or (ii) the Release Effective Date.
As of such later date but conditioned upon the Executive’s execution and delivery to the Company of a Release within the Release Consideration Period and the expiration of the Release Revocation Period without revocation, the Executive will be entitled to vesting and payout governed by the terms of the applicable Evidence of Award, subject in any event to the Release Requirements of this sentence.
You agree that changes to this Subsequent Release, whether material or immaterial, do not toll or restart the Subsequent Release Consideration Period.

More Definitions of Release Consideration Period

Release Consideration Period means the period of time pursuant to the terms of a Release afforded a Participant to consider whether to sign it.

Release Consideration Period means the period of time specified by the Release, not to exceed forty-five (45) days (or such longer period as may be required by applicable law), during which the affected Participant is permitted to consider whether or not to sign the Release.

Release Consideration Period means the twenty-one (21) day period following the date upon which the Company timely delivers the Release to Executive, or in the event that Executive’s termination of employment is “in connection with an exit incentive or other employment termination program” (as such phrase is defined in the Age Discrimination in Employment Act of 1967), the forty-five (45) day period following such delivery date.

Release Consideration Period means the period of time pursuant to the terms of the Release afforded the Executive to consider whether to sign it, which period will be at least as long as the number of days required by applicable law and, in all events, shall end no earlier than the 45th day following the Separation from Service date.

Release Consideration Period means the period of time specified by the Release, not to exceed forty-five

Release Consideration Period means the forty-five (45) day period after Executive’s Separation from Service afforded Executive to consider whether to sign the Release.