Common use of Execution and Revocation Clause in Contracts

Execution and Revocation. (a) This Agreement was first communicated to Employee on July 18, 2019. Employee is not required to, but may, accept this Agreement by signing and dating this Agreement on or before August 15, 2019, which is more than twenty-one (21) days from the date this Agreement was first communicated to Employee. If this Agreement is not accepted by Employee on or before August 15, 2019, it shall be withdrawn by the Company and become null and void. (b) Employee understands that this Agreement may be revoked for a period of seven (7) calendar days following Employee’s execution of this Agreement. The Agreement is not effective until this revocation period has expired. Employee understands that any revocation to be effective must be in writing and either postmarked within seven (7) days of the execution of this Agreement and addressed to ▇▇▇▇▇▇▇ ▇. ▇▇▇▇, General Counsel, Masco Corporation, ▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ or hand delivered within seven (7) days to ▇▇▇▇▇▇▇ ▇. ▇▇▇▇ at the address listed above. If revocation is by mail, certified mail, return receipt requested is required to show proof of mailing.

Appears in 1 contract

Sources: Separation and Release Agreement (Masco Corp /De/)

Execution and Revocation. (a) This The Consultant may have up to 21 days to consider this Agreement which was first communicated to Employee the Consultant on July 18December 9, 20192009. Employee The Consultant is not required to, but may, accept this Agreement by signing and dating this Agreement it on or before August 15December 30, 20192009, which is more than twenty-one (21) days from the date it was communicated to the Consultant. If the Consultant does not accept the terms of this Agreement was first communicated to Employee. If this Agreement is not accepted by Employee on or before August 15December 30, 20192009, it shall be withdrawn by then after such date the Company and become null and voidmay withdraw it with no further notice. (b) Employee The Consultant understands that this Agreement may be revoked by the Consultant for a period of seven (7) calendar days following Employee’s his execution of this Agreement. The Agreement is not effective until this revocation period has expired. Employee The Consultant understands that any revocation to be effective must be in writing and either postmarked within seven (7) days of the execution of this Agreement and addressed to ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇, General CounselVice President — Human Resources, Masco Corporation, ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ or hand delivered within seven (7) days to ▇▇. ▇▇▇▇. ▇▇▇▇ at the address listed above. If revocation is by mail, certified mail, return receipt requested is required to show proof of mailingas provided in Paragraph 14.

Appears in 1 contract

Sources: Release and Consulting Agreement (Masco Corp /De/)