Common use of Consideration Period Clause in Contracts

Consideration Period. The Company hereby notifies Executive of his right to consult with Executive's chosen legal counsel before executing this Agreement. The Company shall afford, and Executive acknowledges receiving, not less than twenty-one (21) calendar days in which to consider this Agreement to insure that Executive's execution of this Agreement is knowing and voluntary. In signing below, Executive expressly acknowledges that Executive has had at least twenty-one (21) days to consider this Agreement and that Executive's execution of same is with full knowledge of the consequences thereof and is of Executive's own free will. If Executive signs this Agreement before the twenty-one (21) day period has expired, then he understands that he has waived the twenty-one (21) day period for consideration.

Appears in 8 contracts

Samples: Employment Agreement (Aslahan Enterprises Ltd.), Employment Agreement (Elcom International Inc), Employment Agreement (Aslahan Enterprises Ltd.)

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Consideration Period. The Company hereby notifies Executive of his right to consult with Executive's ’s chosen legal counsel before executing this Agreement. The Company shall afford, and Executive acknowledges receiving, not less than twenty-one (21) calendar days in which to consider this Agreement to insure that Executive's ’s execution of this Agreement is knowing and voluntary. In signing below, Executive expressly acknowledges that Executive has had at least twenty-one (21) days to consider this Agreement and that Executive's ’s execution of same is with full knowledge of the consequences thereof and is of Executive's ’s own free will. If Executive signs this Agreement before the twenty-one (21) day period has expired, then he understands that he has waived the twenty-one (21) day period for consideration.

Appears in 1 contract

Samples: Release Agreement (Elcom International Inc)

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