Common use of Specific Release of ADEA Claims Clause in Contracts

Specific Release of ADEA Claims. In further consideration of the payments and benefits provided to the Employee under this Agreement, the Employee, on behalf of him/herself and the other Releasors, hereby unconditionally releases and forever discharges the Releasees from any and all Claims arising under ADEA that the Releasors may have as of the date the Employee signs this Agreement. By signing this Agreement, the Employee hereby acknowledges and confirms the following: (i) the Employee was advised by the Company in connection with his/her termination to consult with an attorney of his/her choice prior to signing this Agreement and to have such attorney explain to the Employee the terms of this Agreement, including, without limitation, the terms relating to the Employee’s release of claims arising under ADEA, and the Employee has in fact consulted with an attorney; (ii) the Employee was given a period of not fewer than [21] days to consider the terms of this Agreement and to consult with an attorney of his/her choosing with respect thereto; (iii) the Employee knowingly and voluntarily accepts the terms of this Agreement; and (iv) the Employee is providing this release and discharge only in exchange for consideration in addition to anything of value to which the Employee is already entitled. The Employee also understands that he/she has seven days following the date on which he/she signs this Agreement within which to revoke the release contained in this paragraph, by providing the Company with a written notice of his/her revocation of the release and waiver contained in this paragraph.

Specific Release of ADEA Claims. In further consideration of the payments and benefits provided to the Employee under this Agreement, the Employee, on behalf of him/herself himself and the other Releasors, hereby unconditionally releases and forever discharges the Releasees from any and all Claims arising under ADEA that the Releasors may have as of the date the Employee signs this Agreement. By signing this Agreement, the Employee hereby acknowledges and confirms the following: (i) the Employee was advised by the Company in connection with his/her his termination to consult with an attorney of his/her his choice prior to signing this Agreement and to have such attorney explain to the Employee the terms of this Agreement, including, without limitation, the terms relating to the Employee’s release of claims arising under ADEA, and the Employee has in fact consulted with an attorney; (ii) the Employee was given a period of not fewer than [21] 21 days to consider the terms of this Agreement and to consult with an attorney of his/her his choosing with respect thereto; (iii) the Employee knowingly and voluntarily accepts the terms of this Agreement; and (iv) the Employee is providing this release and discharge only in exchange for consideration in addition to anything of value to which the Employee is already entitled. The Employee also understands that he/she he has seven days following the date on which he/she he signs this Agreement within which to revoke the release contained in this paragraph, by providing the Company with a written notice of his/her his revocation of the release and waiver contained in this paragraph.

Specific Release of ADEA Claims. In further consideration of the payments and benefits provided to the Employee under this the Agreement, the Employee, on behalf of him/herself and the other Releasors, Releasors hereby unconditionally releases release and forever discharges discharge the Releasees Company, and each of their respective officers, employees, directors, shareholders and agents from any and all Claims arising under ADEA that the Releasors may have as of the date the Employee signs this Agreementthe Agreement arising under the Federal Age Discrimination in Employment Act of 1967, as amended, and the applicable rules and regulations promulgated thereunder ("ADEA"). By signing this Release Agreement, the Employee hereby acknowledges and confirms the following: (i) the Employee was advised by the Company in connection with his/her termination his retirement to consult with an attorney of his/her his choice prior to signing this Release Agreement and to have such attorney explain to the Employee the terms of this Release Agreement, including, without limitation, the terms relating to the Employee’s Employee release of claims arising under ADEAADEA and, and the Employee has in fact consulted with an attorney; (ii) the Employee was given a period of not fewer than [21] 21 days to consider the terms of this Release Agreement and to consult with an attorney of his/her his choosing with respect thereto; (iii) the Employee knowingly and voluntarily accepts the terms of this Agreement; and (iv) the Employee is providing this the release and discharge set forth in this Section 2 only in exchange for consideration in addition to anything of value to which the Employee is already entitled. The ; and (iv) that the Employee also understands that he/she has seven days following knowingly and voluntarily accepts the date on which he/she signs terms of this Agreement within which to revoke the release contained in this paragraph, by providing the Company with a written notice of his/her revocation of the release and waiver contained in this paragraphRelease Agreement.

Specific Release of ADEA Claims. In further consideration As condition to the payment of the payments and benefits provided to the Employee under this AgreementConsideration, the Employee, on behalf of him/herself and the other Releasors, Releasors hereby unconditionally releases release and forever discharges discharge the Releasees from any and all Claims arising under under. ADEA that the Releasors may have as of the date the Employee Executive signs this Agreement. By signing this Agreement, the Employee Executive hereby acknowledges and confirms the following: , (i) the Employee Executive was advised by the Company in connection with his/her his termination to consult with an attorney of his/her his choice prior to signing this Agreement and to have such attorney explain to the Employee Executive the terms of this Agreement, including, without limitation, the terms relating to the Employee’s Executive's release of claims arising under ADEA, and the Employee Executive has in fact consulted with an attorney; (ii) the Employee Executive was given a period of not fewer than [21] 21 days to consider the terms of this Agreement and to consult with an attorney of his/her his choosing with respect thereto; (iii) the Employee Executive knowingly and voluntarily accepts the terms of this Agreement; and (iv) the Employee Executive is providing this release and discharge only in exchange for consideration in addition to anything of value to which the Employee Executive is already entitled. The Employee Executive also understands that he/she he has seven (7) days following the date on which he/she he signs this Agreement within which to revoke the release contained in this paragraph, by providing the Company with a written notice of his/her his revocation of the release and waiver contained in this paragraph. No Consideration will be paid to the Executive until after the expiration of this seven (7) day period without a revocation.

Specific Release of ADEA Claims. In further consideration of the payments and benefits provided to Executive under the Employee under this Employment Agreement, the Employee, on behalf of him/herself and the other Releasors, Releasors hereby unconditionally releases release and forever discharges discharge the Releasees from any and all Claims arising under ADEA that the Releasors may have as of the date the Employee Executive signs this AgreementAgreement arising under the Federal Age Discrimination in Employment Act of 1967, as amended, and the applicable rules and regulations promulgated thereunder (“ADEA”). By signing this Agreement, the Employee Executive hereby acknowledges and confirms the following: (i) the Employee was Executive was, and is hereby, advised by the Company in connection with his/her his termination to consult with an attorney of his/her his choice prior to signing this Agreement and to have such attorney explain to the Employee Executive the terms of this Agreement, including, without limitation, the terms relating to the EmployeeExecutive’s release of claims arising under ADEA, and the Employee Executive has in fact consulted with an attorney; (ii) the Employee Executive was given a period of not fewer than [twenty-one (21] ) days to consider the terms of this Agreement and to consult with an attorney of his/her his choosing with respect thereto; (iii) the Employee Executive knowingly and voluntarily accepts the terms of this Agreement; and (iv) the Employee is providing payments and benefits provided to Executive in consideration of this release and discharge only in exchange for consideration are in addition to anything of value any amounts otherwise owed to which the Employee Executive; and (v) this Agreement is already entitledwritten in a manner designed to be understood by Executive and he understands it. The Employee Executive also understands that he/she he has seven (7) days following the date on which he/she he signs this Agreement within which to revoke the release contained in this paragraph, by providing the Company with a written notice of his/her his revocation of the release and waiver contained in this paragraph.

Specific Release of ADEA Claims. In further consideration of the payments and benefits provided to the Employee Executive under this Agreement, the Employee, on behalf of him/herself and the other Releasors, Releasors hereby unconditionally releases release and forever discharges discharge the Releasees Company Group, and each of their respective officers, employees, directors, shareholders and agents from any and all Claims arising under ADEA that the Releasors may have as of the date the Employee Executive signs this AgreementAgreement arising under the federal Age Discrimination in Employment Act of 1967, as amended, and the applicable rules and regulations promulgated thereunder (“ADEA”). By signing this Agreement, the Employee Executive hereby acknowledges and confirms the following: (i) the Employee Executive was advised by the Company in connection with his/her his termination to consult with an attorney of his/her his choice prior to signing this Agreement and to have such attorney explain to the Employee Executive the terms of this Agreement, including, without limitation, the terms relating to the EmployeeExecutive’s release of claims arising under ADEA, and the Employee Executive has in fact consulted with an attorneyattorney and has obtained an explanation of the terms of this Agreement; (ii) the Employee Executive was given a period of not fewer than [21] at least 21 days to consider the terms of this Agreement and to consult with an attorney of his/her his choosing with respect thereto; (iii) the Employee knowingly and voluntarily accepts the terms of this Agreement; and (iv) the Employee Executive is providing this the release and discharge only set forth in this Section 8(b) in exchange for consideration in addition to anything of value to which the Employee Executive is already entitled; and (iv) the Executive knowingly and voluntarily accepts the terms of this Agreement. The Employee also understands Executive acknowledges and agrees that he/she has seven days following $1,000 of the date on which he/she signs Severance Payments referenced in Section 2(a) of this Agreement within which is being paid for this release of claims arising under the ADEA, and further acknowledges and agrees that the $1,000 payment shall be in full satisfaction of any and all claims Releasors may have or could have had pursuant to revoke the release contained in this paragraph, by providing the Company with a written notice of his/her revocation of the release and waiver contained in this paragraphADEA.

Specific Release of ADEA Claims. In further consideration of the payments and benefits provided to the Employee under in this Agreement, the Employee, on behalf of him/herself Releasors hereby irrevocably and the other Releasors, hereby unconditionally releases fully and forever discharges waive, release and discharge the Releasees from any and all Claims Claims, whether known or unknown, from the beginning of time to the Separation Date arising under ADEA that the Releasors may have Age Discrimination in Employment Act (ADEA), as of the date the Employee signs this Agreementamended, and its implementing regulations. By signing this Agreement, the Employee hereby acknowledges and confirms the followingthat: (i) the Employee was has read this Agreement in its entirety and understands all of its terms; (ii) the Employee has been advised by the Company in connection with his/her termination of and has availed himself of his right to consult with an his attorney of his/her choice prior to signing executing this Agreement; (iii) the Employee knowingly, freely and voluntarily assents to all of the terms and conditions set out in this Agreement and to have such attorney explain to the Employee the terms of this Agreement, including, without limitation, the terms relating to the Employee’s waiver, release of claims arising under ADEA, and the Employee has in fact consulted with an attorneycovenants contained herein; (iiiv) the Employee is executing this Agreement, including the waiver and release, in exchange for good and valuable consideration in addition to anything of value to which he is otherwise entitled; (v) Employee was given a period of not fewer than [at least twenty-one (21] ) days to consider the terms of this Agreement and to consult with an attorney of his/her choosing with respect theretohis choice, although he may sign it sooner if desired; (iiivi) Employee understands that he has seven (7) days from the Employee knowingly and voluntarily accepts date he signs this Agreement to revoke the terms release in this paragraph by delivering notice of this Agreementrevocation to Xxxxxxx Xxxx at the Company, by e-mail delivery before the end of such seven-day period; and (ivvii) the Employee is providing this release and discharge only in exchange for consideration in addition to anything of value to which the Employee is already entitled. The Employee also understands that he/she has seven days following the date on which he/she signs this Agreement within which to revoke the release contained in this paragraph, by providing paragraph does not apply to rights and claims that may arise after the Company with a written notice of his/her revocation of date on which the release and waiver contained in Employee signs this paragraphAgreement.