Common use of Consideration Period Clause in Contracts

Consideration Period. The Company hereby notifies Employee of his right to consult with his chosen legal counsel before signing this Agreement. The Company shall afford, and Employee acknowledges receiving, not less than twenty-one (21) calendar days in which to consider this Agreement to ensure that Employee’s execution of this Agreement is knowing and voluntary. In signing below, Employee expressly acknowledges that he has been afforded the opportunity to take at least twenty-one (21) days to consider this Agreement and that his execution of same is with full knowledge of the consequences thereof and is of his own free will. Notwithstanding the fact that the Company has allowed Employee twenty-one (21) days to consider this Agreement, Employee may elect to execute this Agreement prior to the end of such 21-day period. If Employee elects to execute this Agreement prior to the end of such 21-day period, then by his signature below, Employee represents that his decision to accept this shortening of the time was knowing and voluntary and was not induced by fraud, misrepresentation, or any threat to withdraw or alter the benefits provided by the Company herein, or by the Company providing different terms to any similarly-situated employee executing this Agreement prior to end of such 21-day consideration period.

Appears in 3 contracts

Samples: Separation Agreement and Release of Claims (Cycle Country Accessories Corp), Separation Agreement and Release of Claims (Datatrak International Inc), Separation Agreement and Release of Claims (Datatrak International Inc)

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Consideration Period. The Company hereby notifies Employee Executive of his his/her right to consult with his his/her chosen legal counsel before signing this AgreementRelease. The Company shall afford, and Employee Executive acknowledges receiving, not less than twenty-one (21) calendar days [CHANGE TO 45 DAYS THROUGHOUT DOCUMENT IF PART OF A GROUP] in which to consider this Agreement Release to ensure that EmployeeExecutive’s execution of this Agreement Release is knowing and voluntary. In signing below, Employee Executive expressly acknowledges that he he/she has been afforded the opportunity to take at least [twenty-one (21) )] days to consider this Agreement Release and that his his/her execution of same is with full knowledge of the consequences thereof and is of his his/her own free will. Notwithstanding the fact that the Company has allowed Employee Executive [twenty-one (21) )] days to consider this AgreementRelease, Employee Executive may elect to execute this Agreement Release prior to the end of such 21-day [21]-day period. If Employee Executive elects to execute this Agreement Release prior to the end of such 21-day [21]-day period, then by his his/her signature below, Employee Executive represents that his his/her decision to accept this shortening of the time was knowing and voluntary and was not induced by fraud, misrepresentation, or any threat to withdraw or alter the benefits provided by the Company herein, or by the Company providing different terms to any similarly-situated employee Executive executing this Agreement Release prior to end of such 21-day [21]-day consideration period.

Appears in 2 contracts

Samples: Agreement (Invacare Corp), Agreement (Invacare Corp)

Consideration Period. The Company hereby notifies Employee Executive of his or her right to consult with his or her chosen legal counsel before signing this AgreementRelease. The Company shall afford, and Employee Executive acknowledges receiving, not less than twenty-one (21) calendar days [CHANGE TO 45 DAYS THROUGHOUT DOCUMENT IF PART OF A GROUP] in which to consider this Agreement Release to ensure that EmployeeExecutive’s execution of this Agreement Release is knowing and voluntary. In signing below, Employee Executive expressly acknowledges that he or she has been afforded the opportunity to take at least [twenty-one (21) )] days to consider this Agreement Release and that his or her execution of same is with full knowledge of the consequences thereof and is of his or her own free will. Notwithstanding the fact that the Company has allowed Employee Executive [twenty-one (21) )] days to consider this AgreementRelease, Employee Executive may elect to execute this Agreement Release prior to the end of such 21-day [21]-day period. If Employee Executive elects to execute this Agreement Release prior to the end of such 21-day [21]-day period, then by his or her signature below, Employee Executive represents that his or her decision to accept this shortening of the time was knowing and voluntary and was not induced by fraud, misrepresentation, or any threat to withdraw or alter the benefits provided by the Company herein, or by the Company providing different terms to any similarly-situated employee Executive executing this Agreement Release prior to end of such 21-day [21]-day consideration period.

Appears in 2 contracts

Samples: Change of Control Severance Agreement (INVACARE HOLDINGS Corp), Change of Control Severance Agreement (INVACARE HOLDINGS Corp)

Consideration Period. The Company hereby notifies Employee Executive of his right to consult with his chosen legal counsel before signing this Agreement. Through his signature below, Executive represents that he has consulted with, and been represented by, competent legal counsel in the negotiation of this Agreement. The Company shall afford, and Employee Executive acknowledges receiving, not less than twenty-one (21) calendar days in which to consider this Agreement to ensure that EmployeeExecutive’s execution of this Agreement it is knowing and voluntary. In signing below, Employee Executive expressly acknowledges that he has been afforded the opportunity to take at least twenty-one (21) days to consider this Agreement and that his execution of same is with full knowledge of the consequences thereof and is of his own free will. Notwithstanding the fact that the Company has allowed Employee Executive twenty-one (21) days to consider this Agreement, Employee Executive may elect to execute this Agreement prior to the end of such 21-day period. If Employee Executive elects to execute this Agreement prior to the end of such 21-day period, then by his signature below, Employee Executive represents that he has consulted with, and been represented by, his chosen legal counsel, and his decision to accept this shortening of the time was knowing and voluntary voluntary, and was not induced by fraud, misrepresentation, or any threat to withdraw or alter the benefits provided by the Company herein, or by the Company providing different terms to any similarly-situated employee Executive executing this Agreement prior to end of such 21-day consideration period. The parties agree that changes, whether material or immaterial, to this Agreement shall not restart the running of the twenty-one (21) day time period.

Appears in 2 contracts

Samples: Separation Agreement and Release and Waiver of Claims (RPM International Inc/De/), Separation Agreement and Release and Waiver of Claims (RPM International Inc/De/)

Consideration Period. The Company hereby notifies Employee of his right to consult with his chosen legal counsel before signing this AgreementGeneral Release. The Company shall afford, and Employee acknowledges receiving, not less than twenty-one (21) calendar days in which to consider this Agreement General Release to ensure that Employee’s execution of this Agreement General Release is knowing and voluntary. In signing below, Employee expressly acknowledges that he has been afforded the opportunity to take at least twenty-one (21) days to consider this Agreement General Release and that his execution of same is with full knowledge of the consequences thereof and is of his own free will. Notwithstanding the fact that the Company has allowed Employee twenty-one (21) days to consider this AgreementGeneral Release, Employee may elect to execute this Agreement General Release prior to the end of such 21-day period. If Employee elects to execute this Agreement General Release prior to the end of such 21-day period, then by his signature below, Employee represents that his decision to accept this shortening of the time was knowing and voluntary and was not induced by fraud, misrepresentation, or any threat to withdraw or alter the benefits provided by the Company herein, or by the Company providing different terms to any similarly-situated employee executing this Agreement General Release prior to end of such 21-day consideration period. The parties agree changes, whether material or immaterial, to this General Release shall not restart the running of the twenty-one (21) day time period.

Appears in 1 contract

Samples: Separation Agreement and General Release of Claims (CRAWFORD UNITED Corp)

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Consideration Period. The Company hereby notifies Employee of his right to consult with his chosen legal counsel before signing this Agreement. The Company shall afford, and Employee acknowledges receiving, not less than twenty-one (21) calendar days in which to consider this Agreement to ensure that Employee’s 's execution of this Agreement is knowing and voluntary. In signing below, Employee expressly acknowledges that he has been afforded the opportunity to take at least twenty-one (21) days to consider this Agreement and that his execution of same is with full knowledge of the consequences thereof and is of his own free will. Notwithstanding the fact that the Company has allowed Employee twenty-one (21) days to consider this Agreement, Employee may elect to execute this Agreement prior to the end of such 21-day period. If Employee elects to execute this Agreement prior to the end of such 21-day period, then by his signature below, Employee represents that his decision to accept this shortening of the time was knowing and voluntary and was not induced by fraud, misrepresentation, or any threat to withdraw or alter the benefits provided by the Company herein, or by the Company providing different terms to any similarly-situated employee executing this Agreement prior to end of such 21-day consideration period.

Appears in 1 contract

Samples: Severance Agreement and Release of Claims (Trans Industries Inc)

Consideration Period. The Company hereby notifies Employee of his right to consult with his chosen legal counsel before signing this Agreement. The Company shall afford, and Employee acknowledges receiving, not less fewer than twenty-one (21) calendar days in which to consider this Agreement to ensure that Employee’s execution of this Agreement is knowing and voluntary. In signing below, Employee expressly acknowledges that he has been afforded the opportunity to take at least twenty-one (21) days to consider this Agreement and that his execution of same is with full knowledge of the consequences thereof and is of his own free will. Notwithstanding the fact that the Company has allowed Employee twenty-one (21) days to consider this Agreement, Employee may elect to execute this Agreement prior to the end of such 21-day period. If Employee elects to execute this Agreement prior to the end of such 21-day period, then by his signature below, Employee represents that his decision to accept this shortening of the time was knowing and voluntary voluntary, and was not induced by fraud, misrepresentation, or any threat to withdraw or alter the benefits provided by the Company herein, or by the Company providing different terms to any similarly-situated employee executing this Agreement prior to end of such 21-day consideration period.

Appears in 1 contract

Samples: Separation Agreement (Fairmount Santrol Holdings Inc.)

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