Common use of Time for Consideration Clause in Contracts

Time for Consideration. You acknowledge that you were provided twenty-one (21) calendar days after receipt of this General Release to consider and sign it (“Consideration Period”). You can sign this General Release at any time after February 1, 2017 but before February 22, 2017. You are hereby advised and encouraged to consult an attorney prior to signing this General Release, if you desire to do so. By signing this General Release, you agree that you had at least twenty-one (21) calendar days to consider it. You acknowledge that if you have signed this General Release without consulting an attorney, you have done so knowingly and voluntarily. In the event you sign this General Release and return it to the Company in less than the 21-day period identified above, you hereby acknowledge that you have freely and voluntarily chosen to waive the time period allotted for considering this General Release. If you do not sign and return this General Release between February 1, 2017 and February 22, 2017, all benefits or payments provided under the Retirement Agreement will cease.