Common use of Waiting Period and Right of Revocation Clause in Contracts

Waiting Period and Right of Revocation. EXECUTIVE ACKNOWLEDGES THAT EXECUTIVE IS AWARE AND IS HEREBY ADVISED THAT EXECUTIVE HAS THE RIGHT TO CONSIDER THIS AGREEMENT FOR TWENTY-ONE DAYS BEFORE SIGNING IT, ALTHOUGH EXECUTIVE IS NOT REQUIRED TO WAIT THE ENTIRE TWENTY-ONE DAY PERIOD; AND THAT IF EXECUTIVE SIGNS THIS AGREEMENT PRIOR TO THE EXPIRATION OF TWENTY-ONE DAYS, EXECUTIVE IS WAIVING THIS RIGHT FREELY AND VOLUNTARILY. EXECUTIVE ALSO ACKNOWLEDGES THAT EXECUTIVE IS AWARE AND IS HEREBY ADVISED OF EXECUTIVE’S RIGHT TO REVOKE THIS AGREEMENT FOR A PERIOD OF SEVEN DAYS FOLLOWING THE SIGNING OF THIS AGREEMENT AND THAT IT SHALL NOT BECOME EFFECTIVE OR ENFORCEABLE UNTIL THE REVOCATION PERIOD HAS EXPIRED. TO REVOKE THIS AGREEMENT, EXECUTIVE MUST NOTIFY THE COMPANY IN WRITING WITHIN SEVEN DAYS OF SIGNING IT.

Appears in 8 contracts

Samples: Employment Agreement (Digitalglobe Inc), Employment Agreement (Digitalglobe Inc), Employment Agreement (Digitalglobe Inc)

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Waiting Period and Right of Revocation. EXECUTIVE EMPLOYEE ACKNOWLEDGES THAT EXECUTIVE EMPLOYEE IS AWARE AND IS HEREBY ADVISED THAT EXECUTIVE EMPLOYEE HAS THE RIGHT TO CONSIDER THIS AGREEMENT FOR TWENTY-ONE DAYS BEFORE SIGNING IT, ALTHOUGH EXECUTIVE EMPLOYEE IS NOT REQUIRED TO WAIT THE ENTIRE TWENTY-ONE DAY PERIOD; AND THAT IF EXECUTIVE EMPLOYEE SIGNS THIS AGREEMENT PRIOR TO THE EXPIRATION OF TWENTY-ONE DAYS, EXECUTIVE EMPLOYEE IS WAIVING THIS RIGHT FREELY AND VOLUNTARILY. EXECUTIVE EMPLOYEE ALSO ACKNOWLEDGES THAT EXECUTIVE EMPLOYEE IS AWARE AND IS HEREBY ADVISED OF EXECUTIVEEMPLOYEE’S RIGHT TO REVOKE THIS AGREEMENT FOR A PERIOD OF SEVEN DAYS FOLLOWING THE SIGNING OF THIS AGREEMENT AND THAT IT SHALL NOT BECOME EFFECTIVE OR ENFORCEABLE UNTIL THE REVOCATION PERIOD HAS EXPIRED. TO REVOKE THIS AGREEMENT, EXECUTIVE EMPLOYEE MUST NOTIFY THE COMPANY IN WRITING WITHIN SEVEN DAYS OF SIGNING IT.

Appears in 5 contracts

Samples: Severance Protection Agreement (Digitalglobe, Inc.), Severance Protection Agreement (Digitalglobe Inc), Severance Protection Agreement (Digitalglobe Inc)

Waiting Period and Right of Revocation. EXECUTIVE ACKNOWLEDGES THAT EXECUTIVE IS AWARE AND IS HEREBY ADVISED THAT EXECUTIVE HAS THE RIGHT TO CONSIDER THIS AGREEMENT FOR TWENTY-ONE DAYS BEFORE SIGNING IT, ALTHOUGH EXECUTIVE IS NOT REQUIRED TO WAIT THE ENTIRE TWENTY-ONE DAY PERIOD; AND THAT IF EXECUTIVE SIGNS THIS AGREEMENT PRIOR TO THE EXPIRATION OF TWENTY-ONE DAYS, EXECUTIVE IS WAIVING WAIVES THIS RIGHT FREELY AND VOLUNTARILY. EXECUTIVE ALSO ACKNOWLEDGES THAT EXECUTIVE IS AWARE AND IS HEREBY ADVISED OF EXECUTIVE’S 'S RIGHT TO REVOKE THIS AGREEMENT FOR A PERIOD OF SEVEN DAYS FOLLOWING THE SIGNING OF THIS AGREEMENT AND THAT IT SHALL NOT BECOME EFFECTIVE OR ENFORCEABLE UNTIL THE REVOCATION PERIOD HAS EXPIRED. TO REVOKE THIS AGREEMENT, EXECUTIVE MUST NOTIFY THE COMPANY IN WRITING WITHIN SEVEN DAYS OF SIGNING IT.

Appears in 2 contracts

Samples: Release of Claims (Ciber Inc), Release of Claims (Ciber Inc)

Waiting Period and Right of Revocation. EXECUTIVE ACKNOWLEDGES THAT EXECUTIVE IS AWARE AND IS HEREBY ADVISED THAT EXECUTIVE HAS THE RIGHT TO CONSIDER THIS AGREEMENT FOR TWENTY-ONE DAYS BEFORE SIGNING IT, ALTHOUGH EXECUTIVE IS NOT REQUIRED TO WAIT THE ENTIRE TWENTY-ONE DAY PERIOD; AND THAT IF EXECUTIVE SIGNS THIS AGREEMENT PRIOR TO THE EXPIRATION OF TWENTY-ONE DAYS, EXECUTIVE IS WAIVING THIS RIGHT FREELY AND VOLUNTARILY. EXECUTIVE ALSO ACKNOWLEDGES THAT EXECUTIVE IS AWARE AND IS HEREBY ADVISED OF EXECUTIVE’S 'S RIGHT TO REVOKE THIS AGREEMENT FOR A PERIOD OF SEVEN DAYS FOLLOWING THE SIGNING OF THIS AGREEMENT AND THAT IT SHALL NOT BECOME EFFECTIVE OR ENFORCEABLE UNTIL THE REVOCATION PERIOD HAS EXPIRED. TO REVOKE THIS AGREEMENT, EXECUTIVE MUST NOTIFY THE COMPANY IN WRITING WITHIN SEVEN DAYS OF SIGNING IT.

Appears in 1 contract

Samples: Mutual Release of Claims (Ciber Inc)

Waiting Period and Right of Revocation. EXECUTIVE EMPLOYEE ACKNOWLEDGES THAT EXECUTIVE --------------------------------------- EMPLOYEE IS AWARE THAT AND IS HEREBY ADVISED THAT EXECUTIVE EMPLOYEE HAS THE RIGHT TO CONSIDER THIS AGREEMENT FOR TWENTY-ONE DAYS FROM THE DATE OF DELIVERY OF THIS RELEASE FORM BEFORE SIGNING IT, ALTHOUGH EXECUTIVE IS NOT REQUIRED TO WAIT THE ENTIRE TWENTY-ONE DAY PERIOD; IT AND THAT IF EXECUTIVE EMPLOYEE SIGNS THIS AGREEMENT PRIOR TO THE EXPIRATION OF TWENTY-ONE DAYS, EXECUTIVE EMPLOYEE IS WAIVING THIS RIGHT FREELY AND VOLUNTARILY. EXECUTIVE EMPLOYEE ALSO ACKNOWLEDGES THAT EXECUTIVE EMPLOYEE IS AWARE OF AND IS HEREBY ADVISED OF EXECUTIVE’S EMPLOYEE'S RIGHT TO REVOKE THIS AGREEMENT FOR A PERIOD OF SEVEN DAYS FOLLOWING THE SIGNING OF THIS AGREEMENT AND THAT IT SHALL NOT BECOME EFFECTIVE OR ENFORCEABLE UNTIL THE REVOCATION PERIOD HAS EXPIRED. TO REVOKE THIS AGREEMENT, EXECUTIVE EMPLOYEE MUST NOTIFY THE COMPANY COMPANY, IN WRITING WRITING, WITHIN SEVEN DAYS OF SIGNING IT.

Appears in 1 contract

Samples: Retention Agreement (21st Century Insurance Group)

Waiting Period and Right of Revocation. EXECUTIVE ACKNOWLEDGES THAT EXECUTIVE IS AWARE THAT AND IS HEREBY ADVISED THAT EXECUTIVE HAS THE RIGHT TO CONSIDER THIS AGREEMENT FOR TWENTY-ONE [or 45] DAYS BEFORE SIGNING IT, ALTHOUGH EXECUTIVE IS NOT REQUIRED TO WAIT THE ENTIRE TWENTY-ONE DAY PERIOD; IT AND THAT IF EXECUTIVE SIGNS THIS AGREEMENT PRIOR TO THE EXPIRATION OF TWENTY-ONE [or 45] DAYS, EXECUTIVE IS WAIVING THIS RIGHT FREELY AND VOLUNTARILY. EXECUTIVE ALSO ACKNOWLEDGES THAT EXECUTIVE IS AWARE OF AND IS HEREBY ADVISED OF EXECUTIVE’S 'S RIGHT TO REVOKE THIS AGREEMENT FOR A PERIOD OF SEVEN DAYS FOLLOWING THE EXECUTIVE'S SIGNING OF THIS AGREEMENT (THE "REVOCATION PERIOD") AND THAT IT SHALL NOT BECOME EFFECTIVE OR ENFORCEABLE UNTIL THE REVOCATION PERIOD HAS EXPIRED. TO REVOKE THIS AGREEMENT, EXECUTIVE MUST NOTIFY THE COMPANY IN WRITING WITHIN SEVEN DAYS OF SIGNING IT.. ANY SUCH NOTIFICIATION SHOULD BE IN WRITING AND SENT TO THE FOLLOWING ADDRESS: Anne Melanson Executive Vice President, Director of Human Resouxxxx Xxxes Advertising USA, Inc. 498 Seventh Avenue New York, Nxx Xxrk 10018

Appears in 1 contract

Samples: Separation Agreement (Cordiant Communications Group PLC /Adr)

Waiting Period and Right of Revocation. EXECUTIVE EMPLOYEE ACKNOWLEDGES THAT EXECUTIVE EMPLOYEE IS AWARE THAT AND IS HEREBY ADVISED THAT EXECUTIVE EMPLOYEE HAS THE RIGHT TO CONSIDER THIS AGREEMENT FOR TWENTYFORTY-ONE FIVE DAYS FROM THE DATE OF DELIVERY OF THIS RELEASE FORM BEFORE SIGNING IT, ALTHOUGH EXECUTIVE IS NOT REQUIRED TO WAIT THE ENTIRE TWENTY-ONE DAY PERIOD; IT AND THAT IF EXECUTIVE EMPLOYEE SIGNS THIS AGREEMENT PRIOR TO THE EXPIRATION OF TWENTYFORTY-ONE FIVE DAYS, EXECUTIVE EMPLOYEE IS WAIVING THIS RIGHT FREELY AND VOLUNTARILY. EXECUTIVE EMPLOYEE ALSO ACKNOWLEDGES THAT EXECUTIVE EMPLOYEE IS AWARE OF AND IS HEREBY ADVISED OF EXECUTIVEEMPLOYEE’S RIGHT TO REVOKE THIS AGREEMENT FOR A PERIOD OF SEVEN DAYS FOLLOWING THE SIGNING OF THIS AGREEMENT AND THAT IT SHALL NOT BECOME EFFECTIVE OR ENFORCEABLE UNTIL THE REVOCATION PERIOD HAS EXPIRED. TO REVOKE THIS AGREEMENT, EXECUTIVE EMPLOYEE MUST NOTIFY THE COMPANY COMPANY, IN WRITING WRITING, WITHIN SEVEN DAYS OF SIGNING IT.

Appears in 1 contract

Samples: Retention Agreement (21st Century Insurance Group)

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Waiting Period and Right of Revocation. EXECUTIVE ACKNOWLEDGES THAT EXECUTIVE IS AWARE AND IS HEREBY ADVISED THAT EXECUTIVE HAS THE RIGHT TO CONSIDER THIS AGREEMENT RELEASE FOR TWENTY-ONE DAYS BEFORE SIGNING IT, ALTHOUGH EXECUTIVE IS NOT REQUIRED TO WAIT THE ENTIRE TWENTY-ONE DAY PERIOD; AND THAT IF EXECUTIVE SIGNS THIS AGREEMENT RELEASE PRIOR TO THE EXPIRATION OF TWENTY-ONE DAYS, EXECUTIVE IS WAIVING THIS RIGHT FREELY AND VOLUNTARILY. EXECUTIVE ALSO ACKNOWLEDGES THAT EXECUTIVE IS AWARE AND IS HEREBY ADVISED OF EXECUTIVE’S RIGHT TO REVOKE THIS AGREEMENT RELEASE FOR A PERIOD OF SEVEN DAYS FOLLOWING THE SIGNING OF THIS AGREEMENT RELEASE AND THAT IT SHALL NOT BECOME EFFECTIVE OR ENFORCEABLE UNTIL THE REVOCATION PERIOD HAS EXPIRED. TO REVOKE THIS AGREEMENTRELEASE, EXECUTIVE MUST NOTIFY THE COMPANY IN WRITING WITHIN SEVEN DAYS OF SIGNING IT.

Appears in 1 contract

Samples: Separation Agreement (Digitalglobe, Inc.)

Waiting Period and Right of Revocation. EXECUTIVE EMPLOYEE ACKNOWLEDGES (SAYS) THAT EXECUTIVE EMPLOYEE IS AWARE THAT AND IS HEREBY ADVISED THAT EXECUTIVE EMPLOYEE HAS THE RIGHT TO CONSIDER THIS AGREEMENT FOR TWENTYFORTY-ONE FIVE DAYS BEFORE SIGNING IT, ALTHOUGH EXECUTIVE IS NOT REQUIRED TO WAIT THE ENTIRE TWENTY-ONE DAY PERIOD; IT AND THAT IF EXECUTIVE EMPLOYEE SIGNS THIS AGREEMENT PRIOR TO THE EXPIRATION OF TWENTYFORTY-ONE FIVE DAYS, EXECUTIVE EMPLOYEE IS WAIVING (GIVING UP) THIS RIGHT FREELY AND VOLUNTARILY. EXECUTIVE EMPLOYEE ALSO ACKNOWLEDGES (SAYS) THAT EXECUTIVE EMPLOYEE IS AWARE OF AND IS HEREBY ADVISED OF EXECUTIVEEMPLOYEE’S RIGHT TO REVOKE (CANCEL) THIS AGREEMENT FOR A PERIOD OF SEVEN DAYS FOLLOWING THE SIGNING OF THIS AGREEMENT AND THAT IT SHALL NOT BECOME EFFECTIVE OR ENFORCEABLE UNTIL THE REVOCATION (CANCELLATION) PERIOD HAS EXPIRED. TO REVOKE (CANCEL) THIS AGREEMENT, EXECUTIVE EMPLOYEE MUST NOTIFY THE COMPANY IN WRITING WITHIN SEVEN DAYS OF SIGNING IT.

Appears in 1 contract

Samples: Severance Agreement (Life Partners Holdings Inc)

Waiting Period and Right of Revocation. EXECUTIVE ASSOCIATE ACKNOWLEDGES THAT EXECUTIVE ASSOCIATE IS AWARE AND IS HEREBY ADVISED THAT EXECUTIVE ASSOCIATE HAS THE RIGHT TO CONSIDER THIS AGREEMENT FOR TWENTY-ONE DAYS BEFORE SIGNING IT, ALTHOUGH EXECUTIVE ASSOCIATE IS NOT REQUIRED TO WAIT THE ENTIRE TWENTY-ONE DAY PERIOD; AND THAT IF EXECUTIVE ASSOCIATE SIGNS THIS AGREEMENT PRIOR TO THE EXPIRATION OF TWENTY-ONE DAYS, EXECUTIVE ASSOCIATE IS WAIVING THIS RIGHT FREELY AND VOLUNTARILY. EXECUTIVE ASSOCIATE ALSO ACKNOWLEDGES THAT EXECUTIVE ASSOCIATE IS AWARE AND IS HEREBY ADVISED OF EXECUTIVE’S ASSOCIATE'S RIGHT TO REVOKE THIS AGREEMENT FOR A PERIOD OF SEVEN DAYS FOLLOWING THE SIGNING OF THIS AGREEMENT AND THAT IT SHALL NOT BECOME EFFECTIVE OR ENFORCEABLE UNTIL THE REVOCATION PERIOD HAS EXPIRED. TO REVOKE THIS AGREEMENT, EXECUTIVE ASSOCIATE MUST NOTIFY THE COMPANY IN WRITING WITHIN SEVEN DAYS OF SIGNING IT.

Appears in 1 contract

Samples: Control Agreement (Iteris Holdings Inc)

Waiting Period and Right of Revocation. EXECUTIVE ASSOCIATE ACKNOWLEDGES THAT EXECUTIVE ASSOCIATE IS AWARE AND IS HEREBY ADVISED THAT EXECUTIVE ASSOCIATE HAS THE RIGHT TO CONSIDER THIS AGREEMENT FOR TWENTY-ONE DAYS BEFORE SIGNING IT, ALTHOUGH EXECUTIVE ASSOCIATE IS NOT REQUIRED TO WAIT THE ENTIRE TWENTY-ONE DAY PERIOD; AND THAT IF EXECUTIVE ASSOCIATE SIGNS THIS AGREEMENT PRIOR TO THE EXPIRATION OF TWENTY-ONE DAYS, EXECUTIVE ASSOCIATE IS WAIVING THIS RIGHT FREELY AND VOLUNTARILY. EXECUTIVE ASSOCIATE ALSO ACKNOWLEDGES THAT EXECUTIVE ASSOCIATE IS AWARE AND IS HEREBY ADVISED OF EXECUTIVEASSOCIATE’S RIGHT TO REVOKE THIS AGREEMENT FOR A PERIOD OF SEVEN DAYS FOLLOWING THE SIGNING OF THIS AGREEMENT AND THAT IT SHALL NOT BECOME EFFECTIVE OR ENFORCEABLE UNTIL THE REVOCATION PERIOD HAS EXPIRED. TO REVOKE THIS AGREEMENT, EXECUTIVE ASSOCIATE MUST NOTIFY THE COMPANY IN WRITING WITHIN SEVEN DAYS OF SIGNING IT.

Appears in 1 contract

Samples: Change in Control Agreement (Odetics Inc)

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