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

Time for Consideration; Effective Date. Executive acknowledges that he has been provided with the opportunity to consider this Separation Agreement for twenty-one (21) days before signing it. To accept this Separation Agreement, Executive must return a signed original of this Separation Agreement so that it is received by Bxxxx Xxxxxxx on or before the expiration of this twenty-one (21) day period. If Executive signs this Separation Agreement within less than twenty-one (21) days of the date of its delivery to him, Executive acknowledges by signing this Separation Agreement that such decision was entirely voluntary and that he had the opportunity to consider this Separation Agreement for the entire twenty-one (21) day period. Executive and the Company agree that any changes or modifications to this Separation Agreement shall not restart the twenty-one (21) day period. For a period of seven (7) days from the day of the execution of this Separation Agreement, Executive shall retain the right to revoke this Separation Agreement by written notice that must be received by Bxxxx Xxxxxxx before the end of such revocation period. This Separation Agreement shall become effective on the business day immediately following the expiration of the revocation period (the “Effective Date”), provided that Executive does not revoke this Separation Agreement during the revocation period.

Appears in 3 contracts

Samples: Separation Agreement (Albany Molecular Research Inc), Separation Agreement (Albany Molecular Research Inc), Separation Agreement (Albany Molecular Research Inc)

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Time for Consideration; Effective Date. Executive acknowledges that he has been provided with the opportunity to consider this Separation Agreement for [twenty-one (21) 21)][forty-five (45)] days before signing it. To accept this Separation Agreement, Executive must return a signed original of this Separation Agreement so that it is received by Bxxxx Xxxxxxx ___________ on or before the expiration of this [twenty-one (21) 21)][forty-five (45)] day period. If Executive signs this Separation Agreement within less than [twenty-one (21) 21)][forty-five (45)] days of the date of its delivery to him, Executive acknowledges by signing this Separation Agreement that such decision was entirely voluntary and that he had the opportunity to consider this Separation Agreement for the entire [twenty-one (21) 21)][forty-five (45)] day period. Executive and the Company agree that any changes or modifications to this Separation Agreement shall not restart the [twenty-one (21) 21)][forty-five (45)] day period. For a period of seven (7) days from the day of the execution of this Separation Agreement, Executive shall retain the right to revoke this Separation Agreement by written notice that must be received by Bxxxx Xxxxxxx ________________ before the end of such revocation period. This Separation Agreement shall become effective on the business day immediately following the expiration of the revocation period (the “Effective Date”), provided that Executive does not revoke this Separation Agreement during the revocation period.

Appears in 2 contracts

Samples: Separation Agreement (Albany Molecular Research Inc), Separation Agreement (Albany Molecular Research Inc)

Time for Consideration; Effective Date. Executive acknowledges that he has been provided with the opportunity to consider this Separation Agreement for twenty-one (21) days before signing it. To accept this Separation Agreement, Executive must return a signed original of this Separation Agreement so that it is received by Bxxxx Xxxxxxx [insert], on or before the expiration of this twenty-one (21) day period. If Executive signs this Separation Agreement within less than twenty-one (21) days of the date of its delivery to him, Executive acknowledges by signing this Separation Agreement that such decision was entirely voluntary and that he had the opportunity to consider this Separation Agreement for the entire twenty-one (21) day period. Executive and the Company agree that any changes or modifications to this Separation Agreement shall not restart the twenty-one (21) day period. For a period of seven (7) days from the day of the execution of this Separation Agreement, Executive shall retain the right to revoke this Separation Agreement by written notice that must be received by Bxxxx Xxxxxxx [insert] before the end of such revocation period. This Separation Agreement shall become effective on the business day immediately following the expiration of the revocation period (the “Effective Date”), provided that Executive does not revoke this Separation Agreement during the revocation period.

Appears in 1 contract

Samples: Employment Agreement (FleetMatics Group PLC)

Time for Consideration; Effective Date. Executive acknowledges that he has been provided advised to consult with an attorney before signing this Agreement. Executive has the opportunity to consider this Separation Agreement for twenty-one (21) days before signing it. To accept this Separation Agreement, Executive he must return a signed original of this Separation Agreement so that it is received by Bxxxx Xxxxxxx on the Company at or before the expiration of this twenty-one (21) day period. If Executive signs this Separation Agreement within less fewer than twenty-one (21) days of the date of its delivery to him, Executive acknowledges by signing this Separation Agreement that such decision was entirely voluntary and that he had the opportunity to consider this Separation Agreement for the entire twenty-one (21) day period. Executive acknowledges and the Company agree agrees that any changes or modifications to this Separation Agreement shall not restart or in any way affect the original twenty-one (21) day consideration period. For a period of seven (7) days from the day of the his execution of this Separation Agreement, Executive shall retain the right to revoke this Separation Agreement by written notice that must be received by Bxxxx Xxxxxxx the Company before the end of such revocation period. This Separation Agreement shall become effective on the business day immediately following the expiration of the revocation period (the “Effective Date”), provided that Executive does not revoke this Separation Agreement during the revocation period. Executive acknowledges that he has not been induced to sign this Agreement by any representations of the Company other than those set forth in this Agreement.

Appears in 1 contract

Samples: Separation Agreement (Salary. Com, Inc.)

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Time for Consideration; Effective Date. Executive acknowledges that he has been provided advised to consult with an attorney before signing this Agreement. Executive has the opportunity to consider this Separation Agreement for twenty-one (21) days before signing it. To accept this Separation Agreement, Executive he must return a signed original of this Separation Agreement so that it is received by Bxxxx Xxxxxxx on X. Xxxxxxx, Senior Vice President & General Counsel at or before the expiration of this twenty-one (21) day period. If Executive signs this Separation Agreement within less than twenty-one (21) days of the date of its delivery to him, Executive acknowledges by signing this Separation Agreement that such decision was entirely voluntary and that he had the opportunity to consider this Separation Agreement for the entire twenty-one (21) day period. Executive acknowledges and the Company agree agrees that any changes or modifications to this Separation Agreement shall not restart or in any way affect the original twenty-one (21) day consideration period. For a period of seven (7) days from the day of the his execution of this Separation Agreement, Executive shall retain the right to revoke this Separation Agreement by written notice that must be received by Bxxxx Xx. Xxxxxxx before the end of such revocation period. This Separation Agreement shall become effective on the business day immediately following the expiration of the revocation period (the “Effective Date”), provided that Executive does not revoke this Separation Agreement during the revocation period. Executive acknowledges that he has not been induced to sign this Agreement by any representations of the Company other than those set forth in this Agreement.

Appears in 1 contract

Samples: Resignation and Release Agreement (DCT Industrial Trust Inc.)

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