Common use of Waiver of Claims Under ADEA Clause in Contracts

Waiver of Claims Under ADEA. In the event Employee is age 40 or more as of the date hereof, Employee acknowledges that he/she is waiving and releasing any rights he/she may have under the Age Discrimination in Employment Act of 1967 (“ADEA”) and that this waiver and release is knowing and voluntary. Employee and Releasees agree that this waiver and release does not apply to any rights or claims that may arise under ADEA after the effective date of this Agreement. Employee acknowledges that the consideration given for this Agreement is in addition to anything of value to which Employee was already entitled. If the ADEA waiver is applicable, Employee further acknowledges that he/she has been advised by this writing that (a) he/she should consult with an attorney prior to executing this Agreement; (b) he/she has at least twenty-one (21) days from the date he/she receives this Agreement within which to consider this Agreement; (c) he/she has at least seven (7) days following the execution of this Agreement by the parties to revoke the Agreement; and (d) this Agreement shall not be effective until the revocation period has expired; and (e) nothing in this Agreement prevents or precludes Employee from challenging or seeking a determination in good faith of the validity of this waiver under the ADEA, nor does it impose any condition precedent, penalties or costs from doing so, unless specifically authorized by federal law. Any revocation should be in writing and delivered to me by close of business on the seventh day from the date that Employee signed this Agreement. Employee understands that, although Employee has twenty-one (21) days to consider the Agreement, Employee may accept the terms of the Agreement at any time within those twenty-one (21) days. This General Release shall not become effective or enforceable until seven (7) days have passed following Employee’s execution. RELEASOR has signed this General Release this 13th day of May, 2015. RELEASOR:

Appears in 1 contract

Samples: Medidata Solutions, Inc.

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Waiver of Claims Under ADEA. In the event Employee is age 40 or more as of the date hereof, Employee acknowledges that he/she is waiving and releasing any rights he/she may have under the Age Discrimination in Employment Act of 1967 (“ADEA”) and that this waiver and release is knowing and voluntary. Employee and Releasees agree that this waiver and release does not apply to any rights or claims that may arise under ADEA after the effective date of this Agreement. Employee acknowledges that the consideration given for this Agreement is in addition to anything of value to which Employee was already entitled. If the ADEA waiver is applicable, Employee further acknowledges that he/she has been advised by this writing that (a) he/she should consult with an attorney prior to executing this Agreement; (b) he/she has at least twenty-one (21) days from the date he/she receives this Agreement within which to consider this Agreement; (c) he/she has at least seven (7) days following the execution of this Agreement by the parties to revoke the Agreement; and (d) this Agreement shall not be effective until the revocation period has expired; and (e) nothing in this Agreement prevents or precludes Employee from challenging or seeking a determination in good faith of the validity of this waiver under the ADEA, nor does it impose any condition precedent, penalties or costs from doing so, unless specifically authorized by federal law. Any revocation should be in writing and delivered to me by close of business on the seventh day from the date that Employee signed this Agreement. Employee understands that, although Employee has twenty-one (21) days to consider the Agreement, Employee may accept the terms of the Agreement at any time within those twenty-one (21) days. This General Release shall not become effective or enforceable until seven (7) days have passed following Employee’s execution. IT WITNESS THEREOF, RELEASOR has signed this General Release this 13th 8th day of MayJuly, 2015. 2014 RELEASOR:

Appears in 1 contract

Samples: Letter Agreement (Medidata Solutions, Inc.)

Waiver of Claims Under ADEA. In the event Employee is age 40 or more as of the date hereof, Employee acknowledges that he/she is waiving and releasing any rights he/he/ she may have under the Age Discrimination in Employment Act of 1967 ("ADEA") and that this waiver and release is knowing and voluntary. Employee and Releasees agree that this waiver and release does not apply to any rights or claims that may arise under ADEA after the effective date of this Agreement. Employee acknowledges that the consideration given for this Agreement is in addition to anything of value to which Employee was already entitled. If the ADEA waiver is applicable, Employee further acknowledges that he/she has been advised by this writing that (a) he/she should consult with an attorney prior to executing this Agreement; (b) he/she has at least twenty-one (21) days from the date he/she receives this Agreement within which to consider this Agreement; (c) he/she has at least seven (7) days following the execution of this Agreement by the parties to revoke the Agreement; and (d) this Agreement shall not be effective until the revocation period has expired; and (e) nothing in this Agreement prevents or precludes Employee from challenging or seeking a determination in good faith of the validity of this waiver under the ADEA, nor does it impose any condition precedent, penalties or costs from doing so, unless specifically authorized by federal law. Any revocation should be in writing and delivered to me by close of business on the seventh day from the date that Employee signed this Agreement. Employee understands that, although Employee has twenty-one (21) days to consider the Agreement, Employee may accept the terms of the Agreement at any time within those twenty-one (21) days. This General Release shall not become effective or enforceable until seven (7) days have passed following Employee’s execution. RELEASOR XXXXXXXX has signed this General Release this 13th 21st day of MayDecember, 20152017. RELEASOR:: /s/ Xxxxxxx Xxxxxx ________________________________________________________

Appears in 1 contract

Samples: Letter Agreement (Medidata Solutions, Inc.)

Waiver of Claims Under ADEA. In the event Employee is age 40 or more as of the date hereof, Employee acknowledges that he/she is waiving and releasing any rights he/she may have under the Age Discrimination in Employment Act of 1967 (“ADEA”) and that this waiver and release is knowing and voluntary. Employee and Releasees agree that this waiver and release does not apply to any rights or claims that may arise under ADEA after the effective date of this Agreement. Employee acknowledges that the consideration given for this Agreement is in addition to anything of value to which Employee was already entitled. If the ADEA waiver is applicable, Employee further acknowledges that he/she has been advised by this writing that (a) he/she should consult with an attorney prior to executing this Agreement; (b) he/she has at least twenty-one (21) days from the date he/she receives this Agreement within which to consider this Agreement; (c) he/she has at least seven (7) days following the execution of this Agreement by the parties to revoke the Agreement; and (d) this Agreement shall not be effective until the revocation period has expired; and (e) nothing in this Agreement prevents or precludes Employee from challenging or seeking a determination in good faith of the validity of this waiver under the ADEA, nor does it impose any condition precedent, penalties or costs from doing so, unless specifically authorized by federal law. Any revocation should be in writing and delivered to me by close of business on the seventh day from the date that Employee signed this Agreement. Employee understands that, although Employee has twenty-one (21) days to consider the Agreement, Employee may accept the terms of the Agreement at any time within those twenty-one (21) days. This General Release shall not become effective or enforceable until seven (7) days have passed following Employee’s execution. IT WITNESS THEREOF, RELEASOR has signed this General Release this 13th 4th day of MayJanuary, 2015. 2013 RELEASOR:

Appears in 1 contract

Samples: Medidata Solutions, Inc.

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Waiver of Claims Under ADEA. In the event Employee is age 40 or more as of the date hereof, Employee acknowledges that he/she he is waiving and releasing any rights he/she he may have under the Age Discrimination in Employment Act of 1967 (“ADEA”) ), and that this waiver and release is knowing and voluntary. Employee and Releasees agree agrees that this waiver and release does not apply to any rights or claims that may arise under the ADEA after the effective date Effective Date of this Agreement. Employee acknowledges that the consideration given for this Agreement waiver and release is in addition to anything of value to which Employee was already entitled. If the ADEA waiver is applicable, Employee further acknowledges that he/she he has been advised by this writing that that: (a) he/she he should consult with an attorney prior to executing this Agreement; (b) he/she he has at least twenty-one (21) days from the date he/she receives this Agreement within which to consider this Agreement; (c) he/she he has at least seven (7) days following the his execution of this Agreement by the parties to revoke the this Agreement; and (d) this Agreement shall not be effective until after the revocation period has expired; and (e) nothing in this Agreement prevents or precludes Employee from challenging or seeking a determination in good faith of the validity of this waiver under the ADEA, nor does it impose any condition precedent, penalties penalties, or costs from for doing so, unless specifically authorized by federal law. Any revocation should be In the event Employee signs this Agreement and returns it to the Company in writing less than the 21-day period identified above, Employee hereby acknowledges that he has freely and delivered voluntarily chosen to me by close of business on waive the seventh day from the date that Employee signed time period allotted for considering this Agreement. Employee understands thatEXHIBIT B SEPARATION AGREEMENT AND RELEASE (CHINA) This Separation Agreement and Release (this “China Release”) is made by and between Xxxx Xx (“Employee”) and UTStarcom (China) Co., although Employee has twenty-one Ltd. (21the “Company”) days (collectively, referred to consider as the Agreement“Parties” or individually, Employee may accept the terms of the Agreement at any time within those twenty-one (21) days. This General Release shall not become effective or enforceable until seven (7) days have passed following Employee’s execution. RELEASOR has signed this General Release this 13th day of May, 2015. RELEASOR:referred to as a “Party”).

Appears in 1 contract

Samples: Separation Agreement and Release (Utstarcom Inc)

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