Common use of REVIEW & REVOCATION Clause in Contracts

REVIEW & REVOCATION. You acknowledge that you have been given at least 21 days from your receipt of this General Release to consider its meaning and effect and to determine whether you wish to sign it. If you sign this General Release before the 21 days are over, you agree that you are voluntarily waiving the rest of the 21 days without any encouragement or pressure from any of the Released Parties to do so. You also agree that any mutual modifications to this General Release, whether material or immaterial, will not restart the 21-day period. UPON ITS EFFECTIVENESS, THIS GENERAL RELEASE WILL BE A LEGAL AND BINDING CONTRACT. AS SUCH, YOU ARE AND HAVE BEEN ENCOURAGED TO CONSULT WITH AN ATTORNEY OF YOUR CHOOSING (AT YOUR OWN EXPENSE) BEFORE SIGNING THIS GENERAL RELEASE. Once you sign this General Release, you may change your mind and revoke your acceptance of this General Release but only within seven (7) days after the date that you signed it. In order to do so, any revocation must be in writing and sent to ▇▇▇▇▇▇ Biomet Holdings, Inc. by overnight mail, signature required, within the seven (7) days after the date that you signed this General Release. This General Release shall not become effective until after the expiration of the revocation period described in this paragraph. If you do not revoke this General Release within the seven (7) day period, this General Release will become effective, enforceable and irrevocable on the eighth (8th) day after the date on which you signed this General Release. BY SIGNING THIS GENERAL RELEASE, YOU AGREE THAT YOU HAVE READ IT IN ITS ENTIRETY AND UNDERSTAND ALL OF ITS TERMS AND EFFECTS, INCLUDING THAT YOU ARE PROVIDING A COMPLETE RELEASE OF ALL “CLAIMS,” WHETHER KNOWN OR UNKNOWN, UP TO AND INCLUDING THE DATE THAT YOU SIGN THIS GENERAL RELEASE. YOU ACKNOWLEDGE THAT YOU HAVE HAD AMPLE TIME TO REVIEW THIS GENERAL RELEASE AND TO CONSULT WITH AN ATTORNEY (IF YOU SO CHOSE) AND THAT YOU ARE SIGNING IT KNOWINGLY AND VOLUNTARILY. YOU ALSO ACKNOWLEDGE THAT THE “TRANSACTION BONUS” IS GREATER THAN ANY PAYMENTS OR BENEFITS TO WHICH YOU MAY OTHERWISE BE ENTITLED IF YOU DID NOT SIGN THIS GENERAL RELEASE. For the right to receive the Transaction Bonus in accordance with the terms of the Agreement and the mutual promises contained in the Agreement and in this General Release, you must (i) sign and date this General Release where indicated below, (ii) return the signed General Release to ▇▇▇▇▇▇ Biomet Holdings, Inc. on or before [ ,] 20 and (iii) not revoke this General Release within the time period set forth in Section 7 above. If you do not sign and return this General Release on or before such date (or if you revoke it as set forth above), you will not be eligible to receive the Transaction Bonus. ▇▇▇▇▇▇ Biomet Holdings, Inc.: ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇: By: Name: Print Name: Title: Date: Date: Reference is hereby made to the employment agreement, dated as of June 6, 2016, between ▇▇▇▇▇▇ Biomet Holdings, Inc. (the “Company”) and ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ (“you” or “your”) (the “Agreement”). Capitalized terms not defined herein shall have the meanings ascribed to them in the Agreement.

REVIEW & REVOCATION. You acknowledge that you have been given at least 21 days from your receipt of this General Release to consider its meaning and effect and to determine whether you wish to sign it. If you sign this General Release before the 21 days are over, you agree that you are voluntarily waiving the rest of the 21 days without any encouragement or pressure from any of the Released Parties to do so. You also agree that any mutual modifications to this General Release, whether material or immaterial, will not restart the 21-day period. UPON ITS EFFECTIVENESS, THIS GENERAL RELEASE WILL BE A LEGAL AND BINDING CONTRACT. AS SUCH, YOU ARE AND HAVE BEEN ENCOURAGED TO CONSULT WITH AN ATTORNEY OF YOUR CHOOSING (AT YOUR OWN EXPENSE) BEFORE SIGNING THIS GENERAL RELEASE. Once you sign this General Release, you may change your mind and revoke your acceptance of this General Release but only within seven (7) days after the date that you signed it. In order to do so, any revocation must be in writing and sent to ▇▇▇▇▇▇ Biomet Holdings, Inc. by overnight mail, signature required, within the seven (7) days after the date that you signed this General Release. This General Release shall not become effective until after the expiration of the revocation period described in this paragraph. If you do not revoke this General Release within the seven (7) day period, this General Release will become effective, enforceable and irrevocable on the eighth (8th) day after the date on which you signed this General Release. BY SIGNING THIS GENERAL RELEASE, YOU AGREE THAT YOU HAVE READ IT IN ITS ENTIRETY AND UNDERSTAND ALL OF ITS TERMS AND EFFECTS, INCLUDING THAT YOU ARE PROVIDING A COMPLETE RELEASE OF ALL “CLAIMS,” WHETHER KNOWN OR UNKNOWN, UP TO AND INCLUDING THE DATE THAT YOU SIGN THIS GENERAL RELEASE. YOU ACKNOWLEDGE THAT YOU HAVE HAD AMPLE TIME TO REVIEW THIS GENERAL RELEASE AND TO CONSULT WITH AN ATTORNEY (IF YOU SO CHOSE) AND THAT YOU ARE SIGNING IT KNOWINGLY AND VOLUNTARILY. YOU ALSO ACKNOWLEDGE THAT THE “TRANSACTION BONUSCONSIDERATION” IS GREATER THAN ANY PAYMENTS OR BENEFITS TO WHICH YOU MAY OTHERWISE BE ENTITLED IF YOU DID NOT SIGN THIS GENERAL RELEASE. For the right to receive the Transaction Bonus Consideration and in accordance with the terms of the Agreement and the mutual promises contained in the Agreement and in this General Release, you must (i) sign and date this General Release where indicated below, (ii) return the signed General Release to ▇▇▇▇▇▇ Biomet Holdings, Inc. on or before [ ,] 20 and (iii) not revoke this General Release within the time period set forth in Section 7 6 above. If you do not sign and return this General Release on or before such date (or if you revoke it as set forth above), you will not be eligible to receive the Transaction Bonus. ▇▇▇▇▇▇ Biomet Holdings, Inc.: ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇: By: Name: Print Name: Title: Date: Date: Reference This Confidentiality, Non-Competition and Non-Solicitation Agreement (“Agreement”) is hereby made to the employment agreement, dated as of June 6, 2016, by and between ▇▇▇▇▇▇ Biomet Holdings, Inc. (the “Company”) Inc., a corporation having its principal headquarters in Warsaw, Indiana, and ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ (“you” or “your”) (the “AgreementEmployee”). Capitalized terms not defined herein shall have the meanings ascribed to them in the Agreement.