Common use of Time for Consideration; Effective Date Clause in Contracts

Time for Consideration; Effective Date. The Executive acknowledges that he has been given the opportunity to consider this Agreement for 21 days before executing it (the “Consideration Period”). To accept this Agreement, the Executive must return a signed, unmodified original or PDF copy of this Agreement so that it is received by the undersigned at or before the expiration of the Consideration Period. If the Executive signs this Agreement before the end of the Consideration Period, the Executive acknowledges that such decision was entirely voluntary and that the Executive had the opportunity to consider this Agreement for the entire Consideration Period. For the period of seven (7) business days from the date when the Executive signs this Agreement, the Executive has the right to revoke this Agreement by written notice to the undersigned, provided that such notice is delivered so that it is received at or before the expiration of the seven (7) business day revocation period. This Agreement shall not become effective or enforceable during the revocation period. This Agreement shall become effective on the first business day following the expiration of the revocation period (the “Effective Date”). Notwithstanding the foregoing, the Company may withdraw the offer of this Agreement or may void this Agreement before the Effective Date if the Executive breaches any provision contained in this Agreement (including any provision of the Continuing Obligations).

Appears in 3 contracts

Samples: Transition Agreement (MeridianLink, Inc.), Transition Agreement (MeridianLink, Inc.), Transition Agreement (MeridianLink, Inc.)

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Time for Consideration; Effective Date. The Executive acknowledges that he has been given the opportunity to consider this Agreement for 21 days before executing it (the “Consideration Period”). To accept this Agreement, the Executive must return a signed, unmodified original or PDF copy of this Agreement so that it is received by the undersigned at or before the expiration of the Consideration Period. If the Executive signs this Agreement before the end of the Consideration Period, the Executive acknowledges that such decision was entirely voluntary and that the Executive had the opportunity to consider this Agreement for the entire Consideration Period. For the period of seven (7) business days from the date when the Executive signs this Agreement, the Executive has the right to revoke this Agreement by written notice to the undersigned, provided that such notice is delivered so that it is received at or before the expiration of the seven (7) business day revocation period. This Agreement shall not become effective or enforceable during the revocation period. This Agreement shall become effective on the first business day following the expiration of the revocation period (the “Effective Date”). Notwithstanding the foregoing, the Company may withdraw the offer of this Agreement or may void this Agreement before the Effective Date if the Executive breaches any provision contained in this Agreement (including any provision of the Continuing ObligationsRestrictive Covenants Agreement).

Appears in 2 contracts

Samples: Transition Agreement (Dynatrace, Inc.), Transition Agreement (Dynatrace, Inc.)

Time for Consideration; Effective Date. The Executive acknowledges that he has been given the opportunity to consider this Agreement for 21 twenty-one (21) days from his receipt of this Agreement before executing signing it (the “Consideration Period”). To accept this Agreement, the Executive must return a signed, unmodified original or PDF copy of this Agreement so that it is received by the undersigned at on or before the expiration of the Consideration Period. If the Executive signs this Agreement before prior to the end of the Consideration Period, the Executive acknowledges by signing this Agreement that such decision was entirely voluntary and that the Executive he had the opportunity to consider this Agreement for the entire Consideration Period. The Executive and the Company agree that any changes or modifications to this Agreement shall not restart the Consideration Period. For the a period of seven (7) business days from the date when the Executive signs of his execution of this Agreement, the Executive has shall retain the right to revoke this Agreement by written notice to that must be received by the undersigned, provided that such notice is delivered so that it is received at or undersigned before the expiration end of the seven (7) business day revocation period. This Agreement shall not become effective or enforceable during the such revocation period. This Agreement shall become effective on the first business day immediately following the expiration of the revocation period (the “Effective Date”), provided that the Executive does not revoke this Agreement during the revocation period. Notwithstanding the foregoing, the Company may withdraw the offer of this Agreement or may void this Agreement before the Effective Date if the Executive breaches any provision contained in this Agreement (including any provision of the Continuing ObligationsRestrictive Covenants Agreement).

Appears in 1 contract

Samples: Separation Agreement and Release (Orchard Therapeutics PLC)

Time for Consideration; Effective Date. The Executive acknowledges that he has been given the opportunity to consider this Agreement for 21 twenty-one (21) days from his receipt of this Agreement before executing signing it (the “Consideration Period”). To accept this Agreement, the Executive must return a signed, unmodified original or PDF pdf copy of this Agreement so that it is received by the undersigned at on or before the expiration of the Consideration Period. If the Executive signs this Agreement before prior to the end of the Consideration Period, the Executive acknowledges by signing this Agreement that such decision was entirely voluntary and that the Executive he had the opportunity to consider this Agreement for the entire Consideration Period. For the a period of seven (7) business days from the date when the Executive signs of his execution of this Agreement, the Executive has shall retain the right to revoke this Agreement by written notice to that must be received by the undersigned, provided that such notice is delivered so that it is received at or undersigned before the expiration end of the seven (7) business day revocation period. This Agreement shall not become effective or enforceable during the such revocation period. This Agreement shall become effective on the first later of (i) the business day immediately following the expiration of the revocation period and (ii) August 31, 2023 (the “Effective Date”), provided that the Executive does not revoke this Agreement during the revocation period. Notwithstanding the foregoing, the Company may withdraw the offer of this Agreement or may void this Agreement before the Effective Date if the Executive breaches any provision contained in this Agreement (including any provision of the Continuing ObligationsRestrictive Covenants Agreement).

Appears in 1 contract

Samples: Transition Agreement (Absci Corp)

Time for Consideration; Effective Date. The Company advises the Executive to consult with an attorney before entering into this Agreement. The Executive acknowledges that he has carefully read and fully understands all of the provisions of this Agreement and that the Executive is voluntarily and knowingly entering into this Agreement. The Executive acknowledges that he has been given the opportunity to consider this Agreement for 21 twenty-one (21) days before executing it (the “Consideration Period”). To accept this Agreement, the Executive must return a signed, unmodified original or PDF copy of this Agreement so that it is received by the undersigned at or before the expiration of the Consideration Period. If the Executive signs this Agreement before the end of the Consideration Period, the Executive acknowledges that such decision was entirely voluntary and that the Executive had the opportunity to consider this Agreement for the entire Consideration Period. For the period of seven (7) business days from the date when the Executive signs this Agreement, the Executive has the right to revoke this Agreement by written notice to the undersigned, provided that such notice is delivered so that it is received at or before the expiration of the seven (7) business day revocation period. This Agreement shall not become effective or enforceable during the revocation period. This Agreement shall become effective on the first business day following the expiration of the revocation period (the “Effective Date”). Notwithstanding the foregoing, the Company may withdraw the offer of this Agreement or may void this Agreement before the Effective Date if the Executive breaches any provision contained in this Agreement (including any provision of the Continuing Obligations).

Appears in 1 contract

Samples: Separation Agreement (Cullinan Oncology, Inc.)

Time for Consideration; Effective Date. The Executive acknowledges that he has been given the opportunity to consider this Agreement for 21 days before executing it (the “Consideration Period”). To accept this Agreement, the Executive must return a signed, unmodified original or PDF copy of this Agreement so that it is received by the undersigned at or before the expiration of the Consideration Period. If the Executive signs this Agreement before the end of the Consideration Period, the Executive acknowledges that such decision was entirely voluntary and that the Executive had the opportunity to consider this Agreement for the entire Consideration Period. For the period of seven (7) business days from the date when the Executive signs this Agreement, the Executive has the right to revoke this Agreement by written notice to the undersigned, provided that such notice is delivered so that it is received by the undersigned at or before the expiration of the seven (7) business day revocation period. This Agreement shall not become effective or enforceable during the revocation period. This Agreement shall become effective on the first business day following the expiration of the revocation period (the “Effective Date”). Notwithstanding the foregoing, the Company may withdraw the offer of this Agreement or may void this Agreement before the Effective Date if the Executive breaches any provision contained in this Agreement (including any provision of the Continuing Obligations).

Appears in 1 contract

Samples: Transitional Services and Retirement Agreement (Cerence Inc.)

Time for Consideration; Effective Date. The Executive acknowledges that he she has been given provided with the opportunity to consider this Agreement for 21 a period of twenty-one (21) days from her receipt of this Agreement before executing signing it (the “Consideration Period”)) and has been advised to consult with an attorney before signing this Agreement. To accept this Agreement, the Executive must return to the Company a signed, unmodified original or PDF copy of this Agreement so that it is received by the undersigned at or before the expiration end of the Consideration Period. If the Executive signs this Agreement before the end of the Consideration Period, the Executive acknowledges by signing this Agreement that such decision was entirely voluntary and that the Executive she had the opportunity to consider this Agreement for the entire Consideration Period.The Parties agree that any changes or modifications to this Agreement shall not restart the Consideration Period. For the a period of seven (7) business days from the date when day of the Executive signs execution of this AgreementAgreement (the “Revocation Period”), the Executive has and shall retain the right to revoke this Agreement by written notice to that must be received by the undersigned, provided that such notice is delivered so that it is received at or undersigned before the expiration end of the seven (7) business day revocation period. This Agreement shall not become effective or enforceable during the revocation periodsuch Revocation Period. This Agreement shall become effective on the first business day immediately following the expiration of the revocation period Revocation Period (the “Effective Date”). Notwithstanding , provided that the foregoing, the Company may withdraw the offer of Executive does not revoke this Agreement or may void this Agreement before during the Effective Date if the Executive breaches any provision contained in this Agreement (including any provision of the Continuing Obligations)Revocation Period.

Appears in 1 contract

Samples: Separation and Release Agreement (Amylyx Pharmaceuticals, Inc.)

Time for Consideration; Effective Date. The Executive acknowledges that he has been this Separation Agreement replaces the prior proposed agreement provided to the Executive on December 17, 2018. The Executive further acknowledges that she was given the opportunity twenty-one (21) days to consider this Agreement for 21 days before executing it the December 17, 2018 agreement and that the last day of the twenty-one (21) day period (the “Consideration Period”)) remains unchanged by the offer of this Separation Agreement in place of the December 17, 2018 agreement. To accept this Agreement, the Executive must return a signed, unmodified original or PDF copy of this Agreement so that it is received by the undersigned at on or before the expiration of the Consideration PeriodPeriod on January 7, 2019. If the Executive signs this Agreement before the end of the Consideration Periodprior to January 7, 2019, the Executive acknowledges by signing this Agreement that such decision was entirely voluntary and that the Executive she had the opportunity to consider this Agreement for the entire Consideration Period. The Executive and the Company agree that any changes or modifications to this Agreement shall not restart the twenty -one (21) day period. For the a period of seven (7) business days from the date when day of the Executive signs execution of this Agreement, the Executive has shall retain the right to revoke this Agreement by written notice to that must be received by the undersigned, provided that such notice is delivered so that it is received at or undersigned before the expiration end of the seven (7) business day revocation period. This Agreement shall not become effective or enforceable during the such revocation period. This Agreement shall become effective on the first business day immediately following the expiration of the revocation period (the “Effective Date”). Notwithstanding , provided that the foregoing, the Company may withdraw the offer of Executive does not revoke this Agreement or may void this Agreement before during the Effective Date if the Executive breaches any provision contained in this Agreement (including any provision of the Continuing Obligations)revocation period.

Appears in 1 contract

Samples: Separation Agreement and Release (AVROBIO, Inc.)

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Time for Consideration; Effective Date. The Executive acknowledges that he has been given the opportunity to consider this Agreement for 21 twenty-one (21) days from his receipt of this Agreement before executing signing it (the “Consideration Period”). To accept this Agreement, the Executive must return a signed, unmodified original or PDF copy of this Agreement so that it is received by the undersigned at on or before the expiration of the Consideration Period. If the Executive signs this Agreement before prior to the end of the Consideration Period, the Executive acknowledges by signing this Agreement that such decision was entirely voluntary and that the Executive he had the opportunity to consider this Agreement for the entire Consideration Period. The Executive and the Company agree that any changes or modifications to this Agreement shall not restart the Consideration Period. For the a period of seven (7) business days from the date when the Executive signs of his execution of this Agreement, the Executive has shall retain the right to revoke this Agreement by written notice to that must be received by the undersigned, provided that such notice is delivered so that it is received at or undersigned before the expiration end of the seven (7) business day revocation period. This Agreement shall not become effective or enforceable during the such revocation period. This Agreement shall become effective on the first business day immediately following the expiration of the revocation period (the “Effective Date”), provided that the Executive does not revoke this Agreement during the revocation period. Notwithstanding the foregoing, the Company may withdraw the offer of this Agreement or may void this Agreement before the Effective Date if the Executive breaches any provision contained in this Agreement (including any provision of the Continuing ObligationsRestrictive Covenant Agreement).. ​

Appears in 1 contract

Samples: Separation Agreement and Release (Scholar Rock Holding Corp)

Time for Consideration; Effective Date. The Executive acknowledges that he has been given provided with the opportunity to consider this Agreement for 21 twenty-one (21) calendar days before executing signing it (the “Consideration Period”). To accept this Agreement, the Executive must return a signed, unmodified original or PDF copy of this Agreement so that it is received by the undersigned at on or before the expiration of the Consideration Period. If the Executive signs this Agreement before prior to the end expiration of the Consideration Period, the Executive acknowledges by signing this Agreement that such decision was entirely voluntary and that the Executive he had the opportunity to consider this Agreement for the entire Consideration Period. The Executive and the Company agree that any changes or modifications to this Agreement shall not restart the Consideration Period. For the a period of seven (7) business days from the date when day of the Executive signs execution of this Agreement, the Executive has shall retain the right to revoke this Agreement by written notice to that must be received by the undersigned, provided that such notice is delivered so that it is received at or undersigned before the expiration end of the seven (7) business day revocation period. This Agreement shall not become effective or enforceable during the such revocation period. This Agreement shall become effective on the first business day immediately following the expiration of the revocation period (the “Effective Date”). Notwithstanding , provided that the foregoing, the Company may withdraw the offer of Executive does not revoke this Agreement or may void this Agreement before during the Effective Date revocation period. For the avoidance of doubt, if the Executive breaches any provision contained in does not enter into this Agreement (including any provision of Agreement, then the Continuing Obligations)Executive’s employment will end and he will not be entitled to the Transition Period or the Extended Exercise Period.

Appears in 1 contract

Samples: Transition Agreement (Carbon Black, Inc.)

Time for Consideration; Effective Date. The Company advises the Executive to consult with an attorney before entering into this Agreement. The Executive acknowledges that he has carefully read and fully understands all of the provisions of this Agreement and that the Executive is voluntarily and knowingly entering into this Agreement. The Executive acknowledges that he has been given the opportunity to consider this Agreement for 21 days before executing it (the “Consideration Period”). To accept this Agreement, the Executive must return a signed, unmodified original or PDF copy of this Agreement so that it is received by the undersigned at or before the expiration of the Consideration Period. If the Executive signs this Agreement before the end of the Consideration Period, the Executive acknowledges that such decision was entirely voluntary and that the Executive had the opportunity to consider this Agreement for the entire Consideration Period. For the period of seven business (7) business days from the date when the Executive signs this Agreement, the Executive has the right to revoke this Agreement by written notice to the undersigned, provided that such notice is delivered so that it is received at or before the expiration of the seven (7) business day revocation period. This Agreement shall not become effective or enforceable during the revocation period. This Agreement shall become effective on the first business day following the expiration of the revocation period (the “Effective Date”). Notwithstanding the foregoing, the Company may withdraw the offer of this Agreement or may void this Agreement before the Effective Date if the Executive breaches any provision contained in this Agreement (including any provision of the Continuing Obligations).

Appears in 1 contract

Samples: Separation Agreement and Release (Checkmate Pharmaceuticals, Inc.)

Time for Consideration; Effective Date. The Executive acknowledges that he has been given she was offered the opportunity to consider this Agreement for 21 days before executing it (the “Consideration Period”). To accept this Agreement, the Executive must return a signed, unmodified original or PDF copy of this Agreement so that it is received by the undersigned at or before the expiration of the Consideration Period. If the Executive signs this Agreement before the end of the Consideration Period, the Executive acknowledges that such decision was entirely voluntary and that the Executive had the opportunity to consider this Agreement for the entire Consideration Period. For the period of seven (7) business days from the date when the Executive signs this Agreement, the Executive has the right to revoke this Agreement by written notice to the undersigned, provided that such notice is delivered so that it is received by the undersigned at or before the expiration of the seven (7) business day revocation period. This Agreement shall not become effective or enforceable during the revocation period. This Agreement shall become effective on the first business day following the expiration of the revocation period (the “Effective Date”). Notwithstanding the foregoing, the Company may withdraw the offer of this Agreement or may void this Agreement before the Effective Date if the Executive breaches any provision contained in this Agreement (including any provision of the Continuing Obligations).

Appears in 1 contract

Samples: Transitional Services Agreement (Cerence Inc.)

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