Common use of Effective Date; Revocation Clause in Contracts

Effective Date; Revocation. Executive acknowledges and represents that he has been given [twenty-one (21)][forty-five (45)] days during which to review and consider the provisions of this Agreement and, specifically, the General Release set forth in Section 1 above. Executive further acknowledges and represents that he has been advised by the Company that he has the right to revoke this Agreement for a period of seven (7) days after signing it. Executive acknowledges and agrees that, if he wishes to revoke this Agreement, he must do so in a writing, signed by him and received by the Company no later than 5:00 p.m. Eastern Time on the seventh (7th) day of the revocation period. If no such revocation occurs, the General Release and this Agreement shall become effective on the eighth (8th) day following his execution of this Agreement and shall be final and binding on Executive.

Appears in 9 contracts

Samples: Employment Agreement (OptiNose, Inc.), Employment Agreement (OptiNose, Inc.), Employment Agreement (OptiNose, Inc.)

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Effective Date; Revocation. Executive acknowledges and represents that he has been given [twenty-one (21)][fortyforty-five (45)] ) days following the termination of his employment during which to review and consider the provisions of this Agreement and, specifically, the General Release set forth in Section 1 above. Executive further acknowledges and represents that he has been advised by the Company that he has the right to revoke this Agreement for a period of seven (7) days after signing it. Executive acknowledges and agrees that, if he wishes to revoke this Agreement, he must do so in a writing, signed by him and received by the Company no later than 5:00 p.m. Eastern Time on the seventh (7th) day of the revocation period. If no such revocation occurs, the General Release and this Agreement shall become effective on the eighth (8th) day following his execution of this Agreement and shall be final and binding on Executive.

Appears in 5 contracts

Samples: Employment Agreement (OptiNose, Inc.), Employment Agreement (OptiNose, Inc.), Employment Agreement (OptiNose, Inc.)

Effective Date; Revocation. Executive acknowledges and represents that he has been given [twenty-one (21)][forty21)/forty-five (45)] 45)]1 days during which to review and consider the provisions of this Agreement and, specifically, the General Release set forth in Section 1 above. Executive further acknowledges and represents that he has been advised by the Company that he has the right to revoke this Agreement for a period of seven (7) days after signing it. Executive acknowledges and agrees that, if he wishes to revoke this Agreement, he must do so in a writing, signed by him and received by the Company no later than 5:00 p.m. Eastern Time on the seventh (7th) day of the revocation period. If no such revocation occurs, the General Release and this 1 Consideration period to be determined at time of termination. Agreement shall become effective on the eighth (8th) day following his execution of this Agreement and shall be final and binding on ExecutiveAgreement.

Appears in 3 contracts

Samples: Release Agreement (Novocure LTD), Release Agreement (Novocure LTD), Release Agreement (Novocure LTD)

Effective Date; Revocation. Executive acknowledges and represents that he has been given [twenty-one (21)][forty21)/forty-five (45)45)][1] days during which to review and consider the provisions of this Agreement and, specifically, the General Release set forth in Section 1 above. Executive further acknowledges and represents that he has been advised by the Company that he has the right to revoke this Agreement for a period of seven (7) days after signing it. Executive acknowledges and agrees that, if he wishes to revoke this Agreement, he must do so in a writing, signed by him and received by the Company no later than 5:00 p.m. Eastern Time on the seventh (7th) day of the revocation period. If no such revocation occurs, the General Release and this Agreement shall become effective on the eighth (8th) day following his execution of this Agreement and shall be final and binding on ExecutiveAgreement.

Appears in 3 contracts

Samples: Release Agreement (NovoCure LTD), Release Agreement (NovoCure LTD), Release Agreement (NovoCure LTD)

Effective Date; Revocation. Executive acknowledges and represents that he has been given [twenty-one (21)][forty21)/forty-five (45)] 45)]1 days during which to review and consider the provisions of this Agreement and, specifically, the General Release set forth in Section 1 above. Executive further acknowledges and represents that he has been advised by the Company that he has the right to revoke this Agreement for a period of seven (7) days after signing it. Executive acknowledges and agrees that, if he wishes to revoke this Agreement, he must do so in a writing, signed by him and received by the Company no later than 5:00 p.m. Eastern Time on the 1 Consideration period to be determined at time of termination. seventh (7th) day of the revocation period. If no such revocation occurs, the General Release and this Agreement shall become effective on the eighth (8th) day following his execution of this Agreement and shall be final and binding on ExecutiveAgreement.

Appears in 3 contracts

Samples: Release Agreement (NovoCure LTD), Release Agreement (NovoCure LTD), Release Agreement (NovoCure LTD)

Effective Date; Revocation. The Executive acknowledges and represents that he has been given [at least twenty-one (21)][forty-five (45)] 21) days during which to review and consider the provisions of this Agreement and, specifically, the General Release set forth in Section 1 above. The Executive further acknowledges and represents that he has been advised by the Company that he has the right to revoke this Agreement for a period of seven (7) days after signing it. The Executive acknowledges and agrees that, if he wishes to revoke this Agreement, he must do so in a writing, signed by him and received by the Company no later than 5:00 p.m. Eastern Time on the seventh (7th) day of the revocation period. If no such revocation occurs, the General Release and this Agreement shall become effective on the eighth (8th) day following his execution of this Agreement and shall be final and binding on ExecutiveAgreement.

Appears in 2 contracts

Samples: Employment Agreement (Nortek Inc), Transition Employment and Separation Agreement (Nortek Inc)

Effective Date; Revocation. The Executive acknowledges and represents that he has been given [twenty-one (21)][forty21)/forty-five (45)] 45)]1 days during which to review and consider the provisions of this Agreement and, specifically, the General Release set forth in Section 1 above. The Executive further acknowledges and represents that he has been advised by the Company that he has the right to revoke this Agreement for a period of seven (7) days after signing it. The Executive acknowledges and agrees that, if he wishes to revoke this Agreement, he must do so in a writing, signed by him and received by the Company no later than 5:00 p.m. Eastern Time on the seventh (7th) day of the revocation period. If no such revocation occurs, the General Release and this Agreement shall become effective on the eighth (8th) day following his execution of this Agreement and shall be final and binding on ExecutiveAgreement.

Appears in 1 contract

Samples: Employment Agreement (Novocure LTD)

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Effective Date; Revocation. Executive acknowledges and represents that he has been given [twenty-one (21)][fortyforty-five (45)] ) days during which to review and consider the provisions of this Agreement and, specifically, the General Release set forth in Section 1 above. Executive further acknowledges and represents that he has been advised by the Company that he has the right to revoke this Agreement for a period of seven (7) days after signing it. Executive acknowledges and agrees that, if he wishes to revoke this Agreement, he must do so in a writing, signed by him and received by the Company no later than 5:00 p.m. Eastern Time on the seventh (7th) day of the revocation period. If no such revocation occurs, the General Release and this Agreement shall become effective on the eighth (8th) day following his execution of this Agreement and shall be final and binding on Executive.

Appears in 1 contract

Samples: Employment Agreement (OptiNose, Inc.)

Effective Date; Revocation. Executive acknowledges and represents that he has been given [twenty-one (21)][fortyforty-five (45)] ) days during which to review and consider the provisions of this Agreement and, specifically, the General Release set forth in Section 1 above. Executive further acknowledges and represents that he has been advised by the Company that he has the right to revoke this Agreement for a period of seven (7) days after signing it. Executive acknowledges and agrees that, if he wishes to revoke this Agreement, he must do so in a writing, signed by him and received by the Company no later than 5:00 p.m. Eastern Time on the seventh (7th) day of the revocation period. If no such revocation occurs, the General Release and this Agreement shall become effective on the eighth (8th) day following his execution of this Agreement and shall be final and binding on ExecutiveAgreement.

Appears in 1 contract

Samples: Release Agreement (NovoCure LTD)

Effective Date; Revocation. Executive acknowledges and represents that he has been given [twenty-one (21)][forty21)/forty-five (45)] 45)]1 days during which to review and consider the provisions of this Agreement and, specifically, the General Release set forth in Section 1 above. Executive further acknowledges and represents that he has been advised by the Company that he has the right to revoke this Agreement for a period of seven (7) days after signing it. Executive acknowledges and agrees that, if he wishes to revoke this Agreement, he must do so in a writing, signed by him and received by the Company no later than 5:00 p.m. Eastern Time on the seventh (7th) day of the revocation period. If no such revocation occurs, the General Release and this Agreement shall become effective on the eighth (8th) day following his execution of this Agreement and shall Agreement. 1 Consideration period to be final and binding on Executivedetermined at time of termination.

Appears in 1 contract

Samples: Release Agreement (NovoCure LTD)

Effective Date; Revocation. Executive acknowledges and represents that he has been given [at least twenty-one (21)][forty-five (45)] 21) days during which to review and consider the provisions of this Agreement and, specifically, the General Release set forth in Section 1 11 above, although Executive may sign and return it sooner if Executive so desires. Executive further acknowledges and represents that he Executive has been advised by the Company that he Executive has the right to revoke this Agreement for a period of seven (7) days after signing it. Executive acknowledges and agrees that, if he Executive wishes to revoke this Agreement, he must do so in a writing, signed by him Executive and received by the Company no later than 5:00 p.m. Eastern Time on the seventh (7th) day of the revocation period. If no such revocation occurs, the General Release and this Agreement shall become effective on the eighth (8th) day following his Executive’s execution of this Agreement (the “Effective Date”). Executive further acknowledges and agrees that, in the event that Executive revokes this Agreement, it shall be final and binding on Executivehave no force or effect.

Appears in 1 contract

Samples: Transition Agreement (Biogen Idec Inc.)

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