Common use of Rescission Right Clause in Contracts

Rescission Right. The Executive expressly acknowledges and recites that (a) he has read and understands the terms of this Release in its entirety, (b) he has entered into this Release knowingly and voluntarily, without any duress or coercion; (c) he has been advised orally and is hereby advised in writing to consult with an attorney with respect to this Release before signing it; (d) he was provided twenty-one (21) calendar days after receipt of the Release to consider its terms before signing it; and (e) he is provided seven (7) calendar days from the date of signing to terminate and revoke this Release, in which case this Release shall be unenforceable, null and void. The Executive may revoke this Release during those seven (7) days by providing written notice of revocation to the Company at the address set forth in the Agreement.

Appears in 13 contracts

Samples: Employment Agreement (MModal Inc.), Employment Agreement (MedQuist Holdings Inc.), Employment Agreement (MModal Inc.)

AutoNDA by SimpleDocs

Rescission Right. The Executive expressly acknowledges and recites that (a) he has read and understands the terms of this Mutual Release in its entirety, (b) he has entered into this Mutual Release knowingly and voluntarily, without any duress or coercion; (c) he has been advised orally and is hereby advised in writing to consult with an attorney with respect to this Mutual Release before signing it; (d) he was provided twenty-one (21) calendar days after receipt of the Mutual Release to consider its terms before signing it; and (e) he is provided seven (7) calendar days from the date of signing to terminate and revoke this Mutual Release, in which case this Mutual Release shall be unenforceable, null and void. The Executive may revoke this Mutual Release during those seven (7) days by providing written notice of revocation to the Company at the address set forth in the AgreementCompany.

Appears in 6 contracts

Samples: Employment Agreement (Ecollege Com), Employment Agreement (Ecollege Com), Employment Agreement (Ecollege Com)

Rescission Right. The Executive expressly acknowledges and recites that (a) he has read and understands the terms of this Release Agreement in its entirety, (b) he has entered into this Release Agreement knowingly and voluntarily, without any duress or coercion; (c) he has been advised orally and is hereby advised in writing to consult with an attorney with respect to this Release Agreement before signing it; (d) he was provided twenty-one (21) calendar days after receipt of the Release Agreement to consider its terms before signing it; and (e) he is provided seven (7) calendar days from the date of signing to terminate and revoke this ReleaseAgreement, in which case this Release Agreement shall be unenforceable, null and void. The Executive may revoke this Release Agreement during those seven (7) days by providing written notice of revocation to the Company at the address set forth specified in Section 12(d) of the Employment Agreement.

Appears in 4 contracts

Samples: Separation and Release Agreement (Duckwall Alco Stores Inc), Separation and Release Agreement (Duckwall Alco Stores Inc), Separation and Release Agreement (Duckwall Alco Stores Inc)

Rescission Right. The Executive Employee expressly acknowledges and recites that (a) he has read and understands the terms of this Release in its entirety, (b) he has entered into this Release knowingly and voluntarily, without any duress or coercion; (c) he has been advised orally and is hereby advised in writing to consult with an attorney with respect to this Release before signing it; (d) he was provided twenty-one (21) 21 calendar days after receipt of the Release to consider its terms before signing it; and (e) he is provided seven (7) 7 calendar days from the date of signing to terminate and revoke this Release, in which case this Release shall be unenforceable, null and void. The Executive Employee may revoke this Release during those seven (7) 7 days by providing written notice of revocation to the Company at the address set forth specified in the AgreementSection 7 herein.

Appears in 4 contracts

Samples: Employment Agreement (Mothers Work Inc), Employment Agreement (Destination Maternity Corp), Retirement and Release Agreement (Destination Maternity Corp)

Rescission Right. The Executive expressly acknowledges and recites that (a) he has read and understands the terms of this Release in its entirety, (b) he has entered into this Release knowingly and voluntarily, without any duress or coercion; (c) he has been advised orally and is hereby advised in writing to consult with an attorney with respect to this Release before signing it; (d) he was provided twenty-one (21) calendar days after receipt of the Release to consider its terms before signing it; and (e) he is provided seven (7) calendar days from the date of signing to terminate and revoke this Release, in which case this Release shall be unenforceable, null and void. The Executive may revoke this Release during those seven (7) days by providing written notice of revocation to the Company at the address set forth specified in Section 13 of the Agreement.

Appears in 3 contracts

Samples: Employment Agreement (Isco International Inc), Employment Agreement (Isco International Inc), Employment Agreement (Isco International Inc)

Rescission Right. The Executive expressly acknowledges and recites that (a) he Executive has read and understands the terms of this Release in its entirety, (b) he Executive has entered into this Release knowingly and voluntarily, without any duress or coercion; (c) he Executive has been advised orally and is hereby advised in writing to consult with an attorney with respect to this Release before signing it; (d) he Executive was provided twenty-one (21) calendar days after receipt of the Release to consider its terms before signing it; and (e) he Executive is provided seven (7) calendar days from the date of signing to terminate and revoke this Release, Release in which case this Release shall be unenforceable, null and void. The Executive may revoke this Release during those seven (7) days by providing written notice of revocation to the Company at the address set forth in the AgreementCompany, care of its Vice President- Human Resources.

Appears in 3 contracts

Samples: Employment Agreement (Kirkland's, Inc), Employment Agreement (Kirkland's, Inc), Employment Agreement (Kirkland's, Inc)

Rescission Right. The Executive expressly acknowledges and recites that (a) he has read and understands the terms of this Release in its entirety, (b) he has entered into this Release knowingly and voluntarily, without any duress or coercion; (c) he has been advised orally and is hereby advised in writing to consult with an attorney with respect to this Release before signing it; (d) he was provided twenty-one (21) calendar days after receipt of the Release to consider its terms before signing it; and (e) he is provided seven (7) calendar days from the date of signing to terminate and revoke this Release, Release in which case this Release shall be unenforceable, null and void. The Executive may revoke this Release during those seven (7) days by providing written notice of revocation to the Company at the address set forth in the AgreementCompany.

Appears in 3 contracts

Samples: Employment Agreement (Kirklands Inc), Employment Agreement (Kirklands Inc), Employment Agreement (Kirklands Inc)

Rescission Right. The Executive expressly acknowledges and recites that (a) he has read and understands the terms of this Release in its entirety, (b) he has entered into this Release knowingly and voluntarily, without any duress or coercion; (c) he has been advised orally and is hereby advised in writing to consult with an attorney with respect to this Release before signing it; (d) he was provided twenty-one (21) calendar days after receipt of the Release to consider its terms before signing it; and (e) he is provided seven (7) calendar days from the date of signing to terminate and revoke this Release, in which case this Release shall be unenforceable, null and void. The Executive may revoke this Release during those seven (7) days by providing written notice of revocation to the Company at the address set forth specified in Section 18(b) of the Employment Agreement.

Appears in 3 contracts

Samples: Employment Agreement (Supermedia Inc.), Employment Agreement (Dex Media, Inc.), Consulting Services Agreement (Dex Media, Inc.)

Rescission Right. The Executive expressly acknowledges and recites that (a) he has read and understands the terms of this Release in its entirety, (b) he has entered into this Release knowingly and voluntarily, without any duress or coercion; (c) he has been advised orally and is hereby advised in writing to consult with an attorney with respect to this Release before signing it; (d) he was provided twenty-one (with at least [21) ] calendar days after receipt of the Release to consider its terms before signing it; and (e) he is provided seven (7) 7 calendar days from the date of signing to terminate and revoke this Release, in which case this Release shall be unenforceable, null and void. The Executive may revoke this Release during those seven (7) 7 days by providing written notice of revocation to the Company at the address set forth in the Agreement[address], Attn: General Counsel.

Appears in 3 contracts

Samples: Release Agreement (BioXcel Therapeutics, Inc.), Release Agreement (BioXcel Therapeutics, Inc.), Release Agreement (BioXcel Therapeutics, Inc.)

Rescission Right. The Executive expressly acknowledges and recites that (a) he has read and understands the terms of this Release Agreement in its entirety, ; (b) he has entered into this Release Agreement knowingly and voluntarily, without any duress or coercion; (c) he has been advised orally and is hereby advised in writing to consult with an attorney with respect to this Release Agreement before signing it; (d) he was provided twenty-one (21) calendar days after receipt of the Release Agreement to consider its terms before signing it; and (e) he is provided seven (7) calendar days from the date of signing to terminate and revoke this ReleaseAgreement, in which case this Release Agreement shall be unenforceable, null and void. The Executive may revoke this Release Agreement during those seven (7) days by providing written notice of revocation to the Company at Vice President of Human Resources and Administration of the address set forth in the AgreementCompany.

Appears in 2 contracts

Samples: Separation and Release Agreement (Harvest Natural Resources, Inc.), Separation and Release Agreement (Harvest Natural Resources, Inc.)

Rescission Right. The Executive expressly acknowledges and recites that (a) he has read and understands the terms of this Release in its entirety, (b) he has entered into this Release knowingly and voluntarily, without any duress or coercion; (c) he has been advised orally and is hereby advised in writing to consult with an attorney with respect to this Release before signing it; (d) he was provided twenty-one (21) calendar days after receipt of the Release to consider its terms before signing it; and (e) he is provided seven (7) calendar days from the date of signing to terminate and revoke this Release, Release in which case this Release shall be unenforceable, null and void. The Executive may revoke this Release during those seven (7) days by providing written notice of revocation to the Company at the address set forth in the AgreementBank.

Appears in 2 contracts

Samples: Employment Agreement (Commercial National Financial Corp /Pa), Employment Agreement (Commercial National Financial Corp /Pa)

Rescission Right. The Executive Employee expressly acknowledges and recites that (a) he has read and understands the terms of this Release in its entirety, (b) he has entered into this Release knowingly and voluntarily, without any duress or coercion; (c) he has been advised orally and is hereby advised in writing to consult with an attorney with respect to this Release before signing it; (d) he was provided twenty-one (21) 21 calendar days after receipt of the Release to consider its terms before signing it; and (e) he is provided seven (7) 7 calendar days from the date of signing to terminate and revoke this Release, in which case this Release shall be unenforceable, null and void. The Executive Employee may revoke this Release during those seven (7) 7 days by providing written notice of revocation to the Company at the address set forth specified in the Agreementparagraph 7 herein.

Appears in 2 contracts

Samples: Employment Agreement (Destination Maternity Corp), Separation and Release Agreement (Destination Maternity Corp)

Rescission Right. The Executive expressly acknowledges and recites that (a) he has read and understands the terms of this Release in its entirety, (b) he has entered into this Release knowingly and voluntarily, without any duress or coercion; (c) he has been advised orally and is hereby advised in writing to consult with an attorney with respect to this Release before signing it; (d) he was provided twenty-one (21) calendar days after receipt of the Release to consider its terms before signing it; and (e) he is provided seven (7) calendar days from the date of signing to terminate and revoke this Release, in which case this Release shall be unenforceable, null and void. The Executive may revoke this Release during those seven (7) days by providing written notice of revocation to the Company at the address set forth specified in Section 5.7 of the Agreement.

Appears in 2 contracts

Samples: Employment Agreement (Penseco Financial Services Corp), Employment Agreement (Penseco Financial Services Corp)

Rescission Right. The Executive expressly acknowledges and recites that (a) he has read and understands the terms of this Release in its entirety, (b) he has entered into this Release knowingly and voluntarily, without any duress or coercion; (c) he has been advised orally and is hereby advised in writing to consult with an attorney with respect to this Release before signing it; (d) he was provided twenty-one (21) calendar days after receipt of the Release to consider its terms before signing it; and (e) he is provided seven (7) calendar days from the date of signing to terminate and revoke this Release, in which case this Release shall be unenforceable, null and void. The Executive may revoke this Release during those seven (7) days by providing written notice of revocation to the Company at its principal executive offices, c/o the address set forth in the AgreementCompany’s Chief Executive Officer.

Appears in 1 contract

Samples: Release and Non Disparagement Agreement (MEDecision, Inc.)

Rescission Right. The Executive Employee expressly acknowledges and recites that (a) he she has read and understands the terms of this Release in its entirety, (b) he she has entered into this Release knowingly and voluntarily, without any duress or coercion; (c) he she has been advised orally and is hereby advised in writing to consult with an attorney with respect to this Release before signing it; (d) he she was provided twenty-one (21) 21 calendar days after receipt of the Release to consider its terms before signing it; and (e) he she is provided seven (7) 7 calendar days from the date of signing to terminate and revoke this Release, in which case this Release shall be unenforceable, null and void. The Executive Employee may revoke this Release during those seven (7) 7 days by providing written notice of revocation to the Company at the address set forth specified in Section 16 of the Agreement.

Appears in 1 contract

Samples: Employment Agreement (Mothers Work Inc)

Rescission Right. The Executive expressly acknowledges and recites that (a) he Executive has read and understands the terms of this Release in its entirety, (b) he Executive has entered into this Release knowingly and voluntarily, without any duress or coercion; (c) he Executive has been advised orally and is hereby advised in writing to consult with an attorney with respect to this Release before signing it; (d) he Executive was provided twenty-one (21) calendar days after receipt of the Release to consider its terms before signing it; and (e) he Executive is provided seven (7) calendar days from the date of signing to terminate and revoke this Release, in which case this Release shall be unenforceable, null and void. The Executive may revoke this Release during those seven (7) days by providing written notice of revocation to the Company at the address set forth in the AgreementCompany, care of its Vice President- Human Resources.

Appears in 1 contract

Samples: Release and Non Disparagement Agreement (Kirkland's, Inc)

Rescission Right. The Executive expressly acknowledges and recites that (a) he has read and understands the terms of this Release in its entirety, (b) he has entered into this Release knowingly and voluntarily, without any duress or coercion; (c) he has been advised orally and is hereby advised in writing to consult with an attorney with respect to this Release before signing it; (d) he was provided twenty-one (21) calendar days after receipt of the Release to consider its terms before signing it; and (e) he is provided seven (7) calendar days from the date of signing to terminate and revoke this Release, in which case this Release shall be unenforceable, null and void. The Executive may revoke this Release during those seven (7) days by providing written notice of revocation to the Company at the address set forth in the AgreementCompany.

Appears in 1 contract

Samples: Employment Agreement (MEDecision, Inc.)

AutoNDA by SimpleDocs

Rescission Right. The Executive expressly acknowledges and recites that (a) he has read and understands the terms of this Release in its entirety, (b) he has entered into this Release knowingly and voluntarily, without any duress or coercion; (c) he has been advised orally and is hereby advised in writing to consult with an attorney with respect to this Release before signing it; (d) he was provided twenty-one (21) 21 calendar days after receipt of the Release to consider its terms before signing it; and (e) he is provided seven (7) calendar days from the date of signing to terminate and revoke this Release, in which case this Release shall be unenforceable, null and void. The Executive may revoke this Release during those seven (7) days by providing written notice of revocation to the Company at the address set forth specified in Section 3.4 of the Retention Agreement.

Appears in 1 contract

Samples: Retention Agreement (Real Mex Restaurants, Inc.)

Rescission Right. The Executive Employee expressly acknowledges and recites that (a) he she has read and understands the terms of this Release in its entirety, (b) he she has entered into this Release knowingly and voluntarily, without any duress or coercion; (c) he she has been advised orally and is hereby advised in writing to consult with an attorney with respect to this Release before signing it; (d) he she was provided twenty-one (21) 21 calendar days after receipt of the Release to consider its terms before signing it; and (e) he she is provided seven (7) 7 calendar days from the date of signing to terminate and revoke this Release, in which case this Release shall be unenforceable, null and void. The Executive Employee may revoke this Release during those seven (7) 7 days by providing written notice of revocation to the Company at the address set forth specified in the AgreementSection 7 herein.

Appears in 1 contract

Samples: Release Agreement (Destination Maternity Corp)

Rescission Right. The Executive expressly acknowledges and recites that (a) he has read and understands the terms of this Release in its entirety, (b) he has entered into this Release knowingly and voluntarily, without any duress or coercion; (c) he has been advised orally and is hereby advised in writing to consult with an attorney with respect to this Release before signing it; (d) he was provided twenty-one (21) calendar days after receipt of the Release to consider its terms before signing it; and (e) he is provided seven (7) calendar days from the date of signing to terminate and revoke this Release, Release in which case this Release shall be unenforceable, null and void. The Executive may revoke this Release during those seven (7) days by providing written notice of revocation to the Company Company, care of its general counsel, at the address set forth and in the manner indicated in Section 16 of the Employment Agreement.

Appears in 1 contract

Samples: Employment Agreement (Kirklands Inc)

Rescission Right. The Executive expressly acknowledges and recites that (a) he has read and understands the terms of this Release in its entirety, ; (b) he has entered into this Release knowingly and voluntarily, without any duress or coercion; (c) he has been advised orally and is hereby advised in writing to consult with an attorney with respect to this Release before signing it; (d) he was provided up to twenty-one (21) calendar days after receipt of the Release to consider its terms before signing it; and (e) he is provided seven (7) calendar days from the date of signing to terminate and revoke this Release, Release in which case this Release shall be unenforceable, null and void. The Executive may revoke this Release during those seven (7) days by providing written notice of revocation to the Company at the address set forth in the AgreementBank.

Appears in 1 contract

Samples: Non Disparagement Agreement (Commercial National Financial Corp /Pa)

Rescission Right. The Executive expressly acknowledges and recites that (a) he has read and understands the terms of this Release in its entirety, (b) he has entered into this Release knowingly and voluntarily, without any duress or coercion; (c) he has been advised orally and is hereby advised in writing to consult with an attorney with respect to this Release before signing it; (d) he was provided twenty-one (21) calendar days after receipt of the Release to consider its terms before signing it; and (e) he is provided seven (7) calendar days from the date of signing to terminate and revoke this Release, in which case this Release shall be unenforceable, null and void. The Executive may revoke this Release during those seven (7) days by providing written notice of revocation to the Company at the address set forth specified in Section 12 of the Agreement.

Appears in 1 contract

Samples: Employment Agreement (Isco International Inc)

Rescission Right. The Executive expressly acknowledges and recites that (a) he Executive has read and understands the terms of this Release in its entirety, (b) he Executive has entered into this Release knowingly and voluntarily, without any duress or coercion; (c) he Executive has been advised orally and is hereby advised in writing to consult with an attorney with respect to this Release before signing it; (d) he Executive was provided twenty-one (21) calendar days after receipt of the Release to consider its terms before signing it; and (e) he Executive is provided seven (7) calendar days from the date of signing to terminate and revoke this Release, in which case this Release shall be unenforceable, null and void. The Executive may revoke this Release during those seven (7) days by providing written notice of revocation to the Company at the address set forth in the AgreementCompany, care of its General Counsel.

Appears in 1 contract

Samples: Release and Non Disparagement Agreement (Kirkland's, Inc)

Rescission Right. The Executive Employee expressly acknowledges and recites that (a) he has read and understands the terms of this Release in its entirety, (b) he has entered into this Release knowingly and voluntarily, without any duress or coercion; (c) he has been advised orally and is hereby advised in writing to consult with an attorney with respect to this Release before signing it; (d) he was provided twenty-one (21) calendar days after receipt of the Release to consider its terms before signing it; and (e) he is provided seven (7) calendar days from the date of signing to terminate and revoke this Release, in which case this Release shall be unenforceable, null and void. The Executive Employee may revoke this Release during those seven (7) days by providing written notice of revocation to the Company at the address set forth specified in Section 14(e) of the Agreement.

Appears in 1 contract

Samples: Management Employment Agreement (Eresearchtechnology Inc /De/)

Rescission Right. The Executive Employee expressly acknowledges and recites that (a) he has read and understands the terms of this Release in its entirety, (b) he has entered into this Release knowingly and voluntarily, without any duress or coercion; (c) he has been advised orally and is hereby advised in writing to consult with an attorney with respect to this Release before signing it; (d) he was provided twenty-one (21) 21 calendar days after receipt of the Release to consider its terms before signing it; and (e) he is provided seven (7) 7 calendar days from the date of signing to terminate and revoke this Release, in which case this Release shall be unenforceable, null and void. The Executive Employee may revoke this Release during those seven (7) 7 days by providing written notice of revocation to the Company at the address set forth specified in Section 16 of the Agreement.

Appears in 1 contract

Samples: Employment Agreement (Mothers Work Inc)

Rescission Right. The Executive expressly acknowledges and recites that (a) he has read and understands the terms of this Release in its entirety, ; (b) he has entered into this Release knowingly and voluntarily, without any duress or coercion; (c) he has been advised orally and is hereby advised in writing to consult with an attorney with respect to this Release before signing it; (d) he was provided twenty-one (21) calendar days after receipt of the Release to consider its terms before signing it; and (e) he is provided seven (7) calendar days from the date of signing to terminate and revoke this Release, in which case this Release shall be unenforceable, null and void. The Executive may revoke this Release during those seven (7) days by providing written notice of revocation to the Company at the address set forth specified in Section 5.8 of the Agreement.

Appears in 1 contract

Samples: Employment and Restrictive Covenant Agreement (Xponential Inc)

Rescission Right. The Executive expressly acknowledges and recites that (a) he has read and understands the terms of this Release in its entirety, (b) he has entered into this Release knowingly and voluntarily, without any duress or coercion; (c) he has been advised orally and is hereby advised in writing to consult with an attorney with respect to this Release before signing it; (d) he was provided twenty-one (21) calendar days after receipt of the Release to consider its terms before signing it; and (e) he is provided seven (7) calendar days from the date of signing to terminate and revoke this Release, in which case this Release shall be unenforceable, null and void. The Executive may revoke this Release during those seven (7) days by providing written notice of revocation to the Company at the address set forth specified in Section 12 of the Employment Agreement.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Isco International Inc)

Rescission Right. The Executive Employee expressly acknowledges and recites that (a) he has read and understands the terms of this Release in its entirety, (b) he has entered into this Release knowingly and voluntarily, without any duress or coercion; (c) he has been advised orally and is hereby advised in writing to consult with an attorney with respect to this Release before signing it; (d) he was provided twenty-one (21) 21 calendar days after receipt of the Release to consider its terms before signing it; and (e) he is provided seven (7) 7 calendar days from the date of signing to terminate and revoke this Release, in which case this Release shall be unenforceable, null and void. The Executive Employee may revoke this Release during those seven (7) 7 days by providing written notice of revocation to the Company at the address set forth specified in the AgreementSection 8 herein.

Appears in 1 contract

Samples: Separation and Release Agreement (Destination Maternity Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.