Effective Date; Revocation. The Executive may revoke this General Release in writing at any time during a period of seven (7) calendar days after his execution of this General Release (the “Revocation Period”). This General Release shall be effective and enforceable automatically on the day after the expiration of the Revocation Period (the “Effective Date”). If the Executive revokes this General Release, no severance or any other payment pursuant to the Agreement or otherwise shall be due or payable by the Company to the Executive.
Appears in 6 contracts
Samples: General Release and Waiver Agreement (VEREIT Operating Partnership, L.P.), Employment Agreement (ARC Properties Operating Partnership, L.P.), General Release and Waiver Agreement (VEREIT Operating Partnership, L.P.)
Effective Date; Revocation. The Executive may revoke this General Release in writing at any time during a period of seven (7) calendar days after his her execution of this General Release (the “"Revocation Period”"). This General Release shall be effective and enforceable automatically on the day after the expiration of the Revocation Period (the “"Effective Date”"). If the Executive revokes this General Release, no severance or any other payment pursuant to the Agreement or otherwise shall be due or payable by the Company to the Executive.
Appears in 1 contract
Samples: General Release and Waiver Agreement (VEREIT Operating Partnership, L.P.)
