Common use of Employee Acknowledgements Clause in Contracts

Employee Acknowledgements. Employee acknowledges that Employee is knowingly and voluntarily waiving and releasing any rights he/she may have under the Age Discrimination in Employment Act of 1967. Employee also acknowledges that the consideration given for the waiver and release set forth in this Agreement is in addition to anything of value to which Employee was already entitled without the waiver and release. Employee further acknowledges that Employee has been advised by this writing, as required by the Older Workers’ Benefit Protection Act, that: (1) his/her waiver and release does not apply to any rights or claims that may arise after the Effective Date of this Agreement; (2) he/she should consult with an attorney prior to executing this Agreement; (3) he/she has at least twenty-one (21) days to consider this Agreement (although he/she may by his/her own choice execute this Agreement earlier); (4) he/she has seven (7) days following his/her execution of this Agreement to revoke the Agreement; and (5) this Agreement shall not be effective until the date upon which the revocation period has expired (“Effective Date”). Employee may revoke this Release only by giving the Company formal, written notice of Employee’s revocation of this Agreement, which should be addressed to Xxxxxxx Xxxxx, HD Supply, Inc., 0000 Xxxxxxxxxx Xxxx., Xxxxx 0000, Xxxxxxx, XX 00000 and which must be received by Xx. Xxxxx by the close of business on the seventh (7th) day following Employee’s execution of this Agreement.

Appears in 2 contracts

Samples: Separation Agreement (Hd Supply, Inc.), Separation Agreement (Hd Supply, Inc.)

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Employee Acknowledgements. Employee acknowledges represents that Employee is knowingly has read carefully and voluntarily waiving fully understands the terms of this Agreement, and releasing any rights he/she may have under the Age Discrimination in Employment Act of 1967. Employee also acknowledges that the consideration given for the waiver and release set forth in this Agreement is in addition to anything of value to which Employee was already entitled without the waiver and release. Employee further acknowledges that Employee has been advised by this writing, as required by to consult with an attorney and has availed herself of the Older Workers’ Benefit Protection Act, that: (1) his/her waiver and release does not apply opportunity to any rights or claims that may arise after the Effective Date of this Agreement; (2) he/she should consult with an attorney prior to signing this Agreement. Employee acknowledges and agrees that Employee is executing this Agreement willingly, voluntarily and knowingly, of her own free will, in exchange for the entitlements and payments described in Sections 2 and 3 of this Agreement; (3) he/, and that Employee has not relied on any representations, promises or agreements of any kind made to her in connection with her decision to accept the terms of this Agreement, other than those set forth in this Agreement. Employee acknowledges that she has at least could take up to twenty-one (21) days after the date this Agreement has been delivered to her to consider whether she wants to sign this Agreement (although he/she may by his/her own choice execute and that the ADEA gives Employee the right to revoke this Agreement earlier); (4) he/she has within seven (7) days following his/her execution of after it is signed, and Employee understands that she will not receive any payments or benefits under this Agreement to revoke the Agreement; and until such seven (57) this Agreement shall not be effective until the date upon which the day revocation period has expired (“Effective Date”). passed and then, only if Employee may revoke this Release only by giving the Company formal, written notice of Employee’s revocation of has not revoked this Agreement. To the extent Employee has executed this Agreement within less than twenty-one (21) days after its delivery to her, which should be addressed to Xxxxxxx Xxxxx, HD Supply, Inc., 0000 Xxxxxxxxxx Xxxx., Xxxxx 0000, Xxxxxxx, XX 00000 and which must be received by Xx. Xxxxx by Employee hereby waives the close of business on the seventh twenty-one (7th21) day following Employee’s execution period and acknowledges that her decision to execute this Agreement prior to the expiration of this Agreementsuch twenty-one (21) day period was entirely voluntary.

Appears in 1 contract

Samples: Transition Services and Final Agreement (Coherent Corp.)

Employee Acknowledgements. Employee acknowledges that Employee he is knowingly and voluntarily waiving and releasing any rights he/she he may have under the Age Discrimination in Employment Act of 1967, as amended. Employee also acknowledges that the consideration given for the waiver and release set forth in this Agreement is in addition to anything of value to which Employee he was already entitled without the waiver and release. Employee further acknowledges that Employee he has been advised by this writing, as required by the Older Workers’ Benefit Protection Act, that: (1) his/her his waiver and release does not apply to any rights or claims that may arise after the Effective Date of this AgreementDate; (2) he/she he should consult with an attorney prior to executing this Agreement; (3) he/she he has at least twenty-one (21) days to consider this Agreement (although he/she he may by his/her his own choice execute this Agreement earlier); (4) he/she he has seven (7) days following his/her his execution of this Agreement to revoke the Agreement; and (5) this Agreement shall not be effective until the date upon which the revocation period has expired (“Effective Date”). Employee may revoke this Release only by giving the Company formal, written notice of Employee’s revocation of this Agreement, which should be addressed to Xxxxxxx Xxxxx, HD Supply, Inc., 0000 Xxxxxxxxxx Xxxx., Xxxxx 0000, Xxxxxxx, XX 00000 and which must be received by Xx. Xxxxx by the close of business on the seventh (7th) day following Employee’s execution of this Agreement.

Appears in 1 contract

Samples: Separation Agreement (Hd Supply, Inc.)

Employee Acknowledgements. Employee acknowledges that Employee she is knowingly and voluntarily waiving and releasing any rights he/she may have under the Age Discrimination in Employment Act of 1967, as amended. Employee also acknowledges that the consideration given for the waiver and release set forth in this Agreement is in addition to anything of value to which Employee she was already entitled without the waiver and release. Employee further acknowledges that Employee she has been advised by this writing, as required by the Older Workers’ Benefit Protection Act, that: (1) his/her waiver and release does not apply to any rights or claims that may arise after the Effective Date of this AgreementDate; (2) he/she should consult with an attorney prior to executing this Agreement; (3) he/she has at least twenty-one (21) days to consider this Agreement (although he/she may by his/her own choice execute this Agreement earlier); (4) he/she has seven (7) days following his/her execution of this Agreement to revoke the Agreement; and (5) this Agreement shall not be effective until the date upon which the revocation period has expired (“Effective Date”). Employee may revoke this Release only by giving the Company formal, written notice of Employee’s revocation of this Agreement, which should be addressed to Xxxxxxx Xxxxx, HD Supply, Inc., 0000 Xxxxxxxxxx Xxxx., Xxxxx 0000, Xxxxxxx, XX 00000 and which must be received by Xx. Xxxxx by the close of business on the seventh (7th) day following Employee’s execution of this Agreement.

Appears in 1 contract

Samples: Separation Agreement (Hd Supply, Inc.)

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Employee Acknowledgements. Employee acknowledges that Employee is knowingly and voluntarily waiving and releasing any rights he/she may have under the Age Discrimination in Employment Act of 1967. Employee also acknowledges that the consideration given for the waiver and release set forth in this Agreement is in addition to anything of value to which Employee was already entitled without the waiver and release. Employee further acknowledges that Employee has been advised by this writing, as required by the Older Workers’ Benefit Protection Act, that: (1) his/her waiver and release does not apply to any rights or claims that may arise after the Effective Date of this Agreement; (2) he/she should consult with an attorney prior to executing this Agreement; (3) he/she has at least twenty-one (21) days to consider this Agreement (although he/she may by his/her own choice execute this Agreement earlier); (4) he/she has seven (7) days following his/her execution of this Agreement to revoke the Agreement; and (5) this Agreement shall not be effective until the date upon which the revocation period has expired (“Effective Date”). Employee may revoke this Release only by giving the Company formal, written notice of Employee’s revocation of this Agreement, which should be addressed to Xxxxxxx Xxxxxxxxx Xxxxx, HD Supply, Inc., Global Support Center, Cumberland Center II, 0000 Xxxxxxxxxx Xxxx.Xxxxxxxxx, Xxxxx 0000X00, Xxxxxxx, XX 00000 and which must be received by Xx. Xxxxx by the close of business on the seventh (7th) day following Employee’s execution of this Agreement.

Appears in 1 contract

Samples: Separation Agreement (Hd Supply, Inc.)

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