Common use of Voluntary Waiver and Acknowledgement Clause in Contracts

Voluntary Waiver and Acknowledgement. Executive acknowledges that he has had the opportunity to consult with the attorney of his choice in connection with executing this Agreement, and that he has been given the opportunity, if so desired, to consider this Release for twenty-one (21) days before executing it. If Executive does not sign this Agreement and return it to Xxxxxxx Xxxx, Chief Financial Officer, at the Company’s principal business address so that it is received within twenty-one (21) days of the Separation Date, it will not be valid. In the event that Executive executes this Release within less than 21 days, he acknowledges that such decision was entirely voluntary and that he had the opportunity to consider this Release for the entire 21-day period. Any change to this Agreement, whether material or otherwise, will not re-start this 21-day period. The Parties acknowledge that, for a period of seven (7) days from the date that Executive signs this Agreement (the “Revocation Period”), he will retain the right to revoke this Agreement by written notice to Xxxxxxx Xxxx, Chief Financial Officer, at the Company’s principal business address, received before the end of the Revocation Period, and that this Agreement will not become effective or enforceable until the expiration of the Revocation Period. Executive agrees that he has carefully read and understands all of the provisions of this Agreement, and that he is voluntarily entering into this Agreement. Executive further represents and acknowledges that in executing this Agreement, he is not relying and has not relied upon any representation or statement made by any of the Releasees with regard to the subject matter, basis or effect of this Agreement.

Appears in 2 contracts

Samples: Separation Agreement and Release of Claims (Seachange International Inc), Separation Agreement and Release of Claims (Seachange International Inc)

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Voluntary Waiver and Acknowledgement. Executive acknowledges that he has had the opportunity to consult with the attorney of his choice in connection with executing this Agreement, and that he has been given the opportunity, if so desired, to consider this Release for twenty-one (21) days before executing it. If Executive does not sign this Agreement and return it to Xxxxxxx XxxxXxxxx Xxxxxx, Chief Financial Officer, at the Company’s principal business address so that it is received within twenty-one (21) days of the Separation Date, it will not be valid. In the event that Executive executes this Release within less than 21 days, he acknowledges that such decision was entirely voluntary and that he had the opportunity to consider this Release for the entire 21-day period. Any change to this Agreement, whether material or otherwise, will not re-start this 21-day period. The Parties acknowledge that, for a period of seven (7) days from the date that Executive signs this Agreement (the “Revocation Period”), he will retain the right to revoke this Agreement by written notice to Xxxxxxx XxxxXxxxx Xxxxxx, Chief Financial Officer, at the Company’s principal business address, received before the end of the Revocation Period, and that this Agreement will not become effective or enforceable until the expiration of the Revocation Period. Executive agrees that he has carefully read and understands all of the provisions of this Agreement, and that he is voluntarily entering into this Agreement. Executive further represents and acknowledges that in executing this Agreement, he is not relying and has not relied upon any representation or statement made by any of the Releasees with regard to the subject matter, basis or effect of this Agreement.

Appears in 1 contract

Samples: Separation Agreement and Release of Claims (Seachange International Inc)

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Voluntary Waiver and Acknowledgement. Executive acknowledges that he has had the opportunity to consult with the attorney of his choice in connection with executing this Agreement, and that he has been given the opportunity, if so desired, to consider this Release for twentyforty-one five (2145) days before executing it. If Executive does not sign this Agreement and return it to Xxxxxxx Xxxx, Chief Financial OfficerHuman Resources Consultant, at the Company’s principal business address Real Goods Solar, Inc., 000 X. Xxxxx Xxxxxxx Xxxx, Xxxxxxxxxx, Xxxxxxxx 00000, so that it is received within twentyforty-one five (2145) days of the Separation Date, it will not be valid. Any violation of this Agreement during the 45-day period shall also invalidate this offer. In the event that Executive executes this Release within less than 21 45 days, he acknowledges that such decision was entirely voluntary and that he had the opportunity to consider this Release for the entire 2145-day period. Any change to this Agreement, whether material or otherwise, will not re-start this 2145-day period. The Parties acknowledge that, for a period of seven (7) days from the date that Executive signs this Agreement (the “Revocation Period”), he will retain the right to revoke this Agreement by written notice to Xxxxxxx Xxxx, Chief Financial OfficerHuman Resources Consultant, at the Company’s principal business addressReal Goods Solar, Inc., 000 X. Xxxxx Xxxxxxx Xxxx, Xxxxxxxxxx, Xxxxxxxx 00000, received before the end of the Revocation Period, and that this Agreement will not become effective or enforceable until the expiration of the Revocation Period. Executive agrees that he has carefully read and understands all of the provisions of this Agreement, and that he is voluntarily entering into this Agreement. Executive further represents and acknowledges that in executing this Agreement, he is not relying and has not relied upon any representation or statement made by any of the Releasees with regard to the subject matter, basis or effect of this Agreement.

Appears in 1 contract

Samples: Confidential Separation Agreement and Release of Claims (Real Goods Solar, Inc.)

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