Common use of Acceptance and Revocation Period Clause in Contracts

Acceptance and Revocation Period. Executive shall have a period of 21 days from the date of delivery of this Agreement to accept Section 7(a) of this Agreement. Executive shall have a period of seven days after his execution of this Agreement during which Executive may revoke his acceptance of Section 7(a) of this Agreement by providing written notice of revocation to PremierWest Bancorp. Any such acceptance or revocation must be addressed to the Chairman, PremierWest Bancorp, 000 Xxxxxxx Xxxx, Xxxxxxx, Xxxxxx 00000, or such other address as Executive may be directed in writing by PremierWest Bancorp to provide such acceptance or revocation. To be effective, the acceptance or revocation must be received no later than 5:00 p.m. Pacific Time within the applicable time period. The 21-day acceptance period may be waived by Executive, but the seven-day revocation period may not be waived. If Executive’s acceptance of Section 7(a) of this Agreement is not affirmatively revoked in writing by Executive during the seven-day revocation period, it shall be deemed to have been accepted and not revoked. Section 7(a) of this Agreement shall not be effective or enforceable until the seven-day revocation period has expired. If Executive properly executes his right to revoke acceptance of Section 7(a), the remainder of this Agreement shall nevertheless remain in full force and effect.

Acceptance and Revocation Period. The Executive shall have a period of 21 days from the date of delivery of this Agreement to accept Section 7(asection 8(a) of this Agreement. The Executive shall have a period of seven days after his execution of this Agreement during which the Executive may revoke his acceptance of Section 7(asection 8(a) of this Agreement by providing written notice of revocation to PremierWest Bancorp. Any such acceptance or revocation must be addressed to the Chairman, PremierWest Bancorp, 000 Xxxxxxx Xxxx503 Airport Road, XxxxxxxMedford, Xxxxxx 00000, Oregon 97504 or such other address as Executive may be directed in writing by the Xxxxxxxxx xxx xx xxxxxxxx xx xxxxxxx xy PremierWest Bancorp to provide such acceptance or revocation. To be effective, the acceptance or revocation must be received no later than 5:00 p.m. Pacific Time within the applicable time period. The 21-day acceptance period may be waived by the Executive, but the seven-day revocation period may not be waived. If the Executive’s 's acceptance of Section 7(a8(a) of this Agreement is not affirmatively revoked in writing by the Executive during the seven-day revocation period, it shall be deemed to have been accepted and not revoked. Section 7(a8(a) of this Agreement shall not be effective or enforceable until the seven-day revocation period has expired. If the Executive properly executes his right to revoke acceptance of Section 7(a8(a), the remainder of this Agreement shall nevertheless remain in full force and effect.

Acceptance and Revocation Period. Executive shall have a period of 21 days from the date of delivery of this Agreement to accept Section 7(a) of this Agreement. Executive shall have a period of seven days after his execution of this Agreement during which Executive may revoke his acceptance of Section 7(a) of this Agreement by providing written notice of revocation to PremierWest Bancorp. Any such acceptance or revocation must be addressed to the Chairman, PremierWest Bancorp, 000 500 Xxxxxxx Xxxx, Xxxxxxx, Xxxxxx 00000, or such other address as Executive may be directed in writing by PremierWest Bancorp to provide such acceptance or revocation. To be effective, the acceptance or revocation must be received no later than 5:00 p.m. Pacific Time within the applicable time period. The 21-day acceptance period may be waived by Executive, but the seven-day revocation period may not be waived. If Executive’s acceptance of Section 7(a) of this Agreement is not affirmatively revoked in writing by Executive during the seven-day revocation period, it shall be deemed to have been accepted and not revoked. Section 7(a) of this Agreement shall not be effective or enforceable until the seven-day revocation period has expired. If Executive properly executes his right to revoke acceptance of Section 7(a), the remainder of this Agreement shall nevertheless remain in full force and effect.

Acceptance and Revocation Period. Executive shall have a period of 21 days from the date of delivery of this Agreement to accept Section 7(a) of this Agreement. Executive shall have a period of seven days after his execution of this Agreement during which Executive may revoke his acceptance of Section 7(a) of this Agreement by providing written notice of revocation to PremierWest BancorpBank. Any such acceptance or revocation must be addressed to the ChairmanChief Executive Officer, PremierWest BancorpBank, 000 Xxxxxxx Xxxx, Xxxxxxx, Xxxxxx 00000, or such other address as Executive may be directed in writing by PremierWest Bancorp Bank to provide such acceptance or revocation. To be effective, the acceptance or revocation must be received no later than 5:00 p.m. Pacific Time within the applicable time period. The 21-day acceptance period may be waived by Executive, but the seven-day revocation period may not be waived. If Executive’s acceptance of Section 7(a) of this Agreement is not affirmatively revoked in writing by Executive during the seven-day revocation period, it shall be deemed to have been accepted and not revoked. Section 7(a) of this Agreement shall not be effective or enforceable until the seven-day revocation period has expired. If Executive properly executes his right to revoke acceptance of Section 7(a), the remainder of this Agreement shall nevertheless remain in full force and effect.

Acceptance and Revocation Period. Executive EXECUTIVE shall have a period of 21 days from the date of delivery of this Agreement to accept Section 7(a) of this Agreement. Executive EXECUTIVE shall have a period of seven days after his execution of this Agreement during which Executive EXECUTIVE may revoke his acceptance of Section 7(a) of this Agreement by providing written notice of revocation to PremierWest BancorpBANCORP. Any such acceptance or revocation must be addressed to the Chairman, PremierWest BancorpBANCORP, 000 503 Xxxxxxx Xxxx, Xxxxxxx, Xxxxxx 00000, or 00000 xx such other address as Executive EXECUTIVE may be directed in writing by PremierWest Bancorp BANCORP to provide such acceptance or revocation. To be effective, the acceptance or revocation must be received no later than 5:00 p.m. Pacific Time within the applicable time period. The 21-day acceptance period may be waived by ExecutiveEXECUTIVE, but the seven-day revocation period may not be waived. If Executive’s EXECUTIVE'S acceptance of Section 7(a) of this Agreement is not affirmatively revoked in writing by Executive EXECUTIVE during the seven-day revocation period, it shall be deemed to have been accepted and not revoked. Section 7(a) of this Agreement shall not be effective or enforceable until the seven-day revocation period has expired. If Executive EXECUTIVE properly executes his right to revoke acceptance of Section 7(a), the remainder of this Agreement shall nevertheless remain in full force and effect.

Acceptance and Revocation Period. Executive shall have a period of 21 days from the date of delivery of this Agreement to accept Section 7(a) of this Agreement. Executive shall have a period of seven days after his execution of this Agreement during which Executive may revoke his acceptance of Section 7(a) of this Agreement by providing written notice of revocation to PremierWest Bancorp. Any such acceptance or revocation must be addressed to the Chairman, PremierWest Bancorp, 000 Xxxxxxx Xxxx, Xxxxxxx, Xxxxxx 00000, 00000 or such other address as Executive may be directed in writing by PremierWest Bancorp to provide such acceptance or revocation. To be effective, the acceptance or revocation must be received no later than 5:00 p.m. Pacific Time within the applicable time period. The 21-day acceptance period may be waived by Executive, but the seven-day revocation period may not be waived. If Executive’s 's acceptance of Section 7(a) of this Agreement is not affirmatively revoked in writing by Executive during the seven-day revocation period, it shall be deemed to have been accepted and not revoked. Section 7(a) of this Agreement shall not be effective or enforceable until the seven-day revocation period has expired. If Executive properly executes his right to revoke acceptance of Section 7(a), the remainder of this Agreement shall nevertheless remain in full force and effect.

Acceptance and Revocation Period. Executive shall have a period of 21 days from the date of delivery of this Agreement to accept Section 7(a) of this Agreement. Executive shall have a period of seven days after his execution of this Agreement during which Executive may revoke his acceptance of Section 7(a) of this Agreement by providing written notice of revocation to PremierWest Bancorp. Any such acceptance or revocation must be addressed to the Chairman, PremierWest Bancorp, 000 Xxxxxxx Xxxx, Xxxxxxx, Xxxxxx 00000, or such other address as Executive may be directed in writing by PremierWest Bancorp to provide such acceptance or revocation. To be effective, the acceptance or revocation must be received no later than 5:00 p.m. Pacific Time within the applicable time period. The 21-day acceptance period may be waived by Executive, but the seven-day revocation period may not be waived. If Executive’s acceptance of Section 7(a) of this Agreement is not affirmatively revoked in writing by Executive during the seven-day revocation period, it shall be deemed to have been accepted and not revoked. Section 7(a) of this Agreement shall not be effective or enforceable until the seven-day revocation period has expired. If Executive properly executes his right to revoke acceptance of Section 7(a), the remainder of this Agreement shall nevertheless remain in full force and effect.