Common use of Your Understanding Clause in Contracts

Your Understanding. By signing this Agreement, you admit and agree that: a. You have read this Agreement. b. You understand it is legally binding, and you were advised to review it with a lawyer of your choice. c. You have had (or had the opportunity to take) at least 21 calendar days to discuss it with a lawyer of your choice before signing it and, if you sign it before the end of that period, you do so of your own free will and with the full knowledge that you could have taken the full period. d. You realize and understand that the release covers certain claims, demands, and causes of action against the Company and any Released Persons relating to your employment or termination of employment, including those under ADEA, whether or not you know or suspect them to exist at the present time (but the release does not apply to claims described in paragraph 4.h). e. You understand the terms of this Agreement and that it is not part of an exit incentive or other employment termination program being offered to a group or class of employees. f. You are signing this Agreement voluntarily and with the full understanding of its consequences, and you have not been forced or coerced in any way.