Common use of Acknowledgement of Waiver of Claims Under ADEA Clause in Contracts

Acknowledgement of Waiver of Claims Under ADEA. Employee acknowledges that he is waiving and releasing any rights he may have under the Age Discrimination in Employment Act of 1967 and that this waiver and release is knowing and voluntary. Employee acknowledges that the consideration given for this waiver and release is in addition to anything of value to which Employee was already entitled. In accordance with the Older Workers Benefit Protection Act of 1990, Employee further acknowledges that (a) he has been advised that he should consult with an attorney prior to executing this Release, (b) he has been given twenty-one (21) days within which to consider this Release before executing it and (c) he has been given at least seven (7) days following the execution of this Release to revoke this Release and that this Release shall become effective upon the expiration of such revocation period.

Appears in 2 contracts

Samples: Transition Agreement (Corrections Corp of America), Transition Agreement (Corrections Corp of America)

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Acknowledgement of Waiver of Claims Under ADEA. Employee EMPLOYEE acknowledges that he is waiving and releasing any rights he he/she may have under the Age Discrimination in Employment Act of 1967 ("ADEA") and that this waiver and release is knowing and voluntary. Employee EMPLOYEE acknowledges that the consideration given for this waiver and release Agreement is in addition to anything of value to which Employee EMPLOYEE was already entitledentitled prior to his execution of this Agreement. In accordance with the Older Workers Benefit Protection Act of 1990, Employee EMPLOYEE further acknowledges that he has been advised by this writing that (a) he has been advised that he should consult with an attorney prior to executing this Release, Agreement; (b) he has been given up to twenty-one (21) days within which to consider this Release before executing it and Agreement; (c) he has been given at least seven (7) days following the execution of this Release Agreement by the parties to revoke the Agreement; and (d) this Release and that this Release Agreement shall become not be effective upon until the expiration of such revocation periodperiod has expired.

Appears in 1 contract

Samples: Separation Agreement and General (Altera Corp)

Acknowledgement of Waiver of Claims Under ADEA. Employee acknowledges that he is waiving and releasing any rights he may have under the Age Discrimination in Employment ADEA or the Older Worker Benefit Protection Act of 1967 and that this waiver and release is knowing and voluntary. Employee acknowledges that the consideration given for this waiver and release is in addition to anything of value to which Employee was already entitled. In accordance with the Older Workers Benefit Protection Act of 1990, Employee further acknowledges that (a) he has been advised that he should consult with an attorney prior to executing this Release, (b) he has been given twenty-one (21) days within which to consider this Release before executing it it, and (c) he has been given at least seven (7) days following the execution of this Release to revoke this Release and that this Release shall become effective upon (the expiration of such revocation period“Revocation Period”).

Appears in 1 contract

Samples: Transition Agreement (Genesco Inc)

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Acknowledgement of Waiver of Claims Under ADEA. Employee acknowledges that he is waiving and releasing any rights he may have under the Age Discrimination in Employment Act of 1967 ("ADEA") and that this waiver and release is knowing and voluntary. Employee acknowledges that the consideration given for this waiver wavier and release Agreement is in addition to anything of value to which Employee was already entitled. In accordance with the Older Workers Benefit Protection Act of 1990, Employee further acknowledges that (a) he has been advised by this writing that (a) he should consult with an attorney prior to executing this Release, Agreement; (b) he has been given at least twenty-one (21) days within which to consider this Release before executing it and Agreement; (c) he has been given at least seven (7) days following the execution of this Release Agreement by the parties to revoke the Agreement; and (d) this Release and that this Release Agreement shall become not be effective upon until the expiration of such revocation periodperiod has expired.

Appears in 1 contract

Samples: Separation Agreement and Mutual Release (Novadigm Inc)

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