Common use of Statement of Understanding Clause in Contracts

Statement of Understanding. THE OFFICER ACKNOWLEDGES THAT SHE HAS CAREFULLY READ THIS AGREEMENT, KNOWS AND UNDERSTANDS THE CONTENTS CONTAINED IN IT, HAS BEEN GIVEN THE OPPORTUNITY TO CONSIDER THE AGREEMENT FOR TWENTY-ONE (21) DAYS, THE COMPANY HAS ADVISED HER TO CONSULT AN ATTORNEY IF SHE DESIRES AND SHE HAS BEEN GIVEN THE OPPORTUNITY TO DO SO. FURTHER, THE OFFICER UNDERSTANDS THAT SHE MAY RESCIND THIS AGREEMENT AT ANY TIME DURING THE SEVEN (7) DAYS IMMEDIATELY FOLLOWING EXECUTION. THE OFFICER DOES FREELY AND VOLUNTARILY ASSENT TO ALL OF ITS TERMS AND CONDITIONS AND SIGNS THIS AGREEMENT AS HER OWN FREE ACT AND RECOGNIZES THAT BY DOING SO SHE IS RELEASING THE COMPANY FROM ANY LIABILITY UNDER THE OLDER WORKERS’ PROTECTION ACT. If the Officer chooses to waive the 21 day requirement, please indicate by initialing and dating the following paragraph in the space provided in the left margin. THE OFFICER DOES HEREBY WAIVE THE TWENTY-ONE (21) DAY PERIOD TO CONSIDER THIS AGREEMENT AS REQUIRED UNDER THE OLDER WORKERS’ BENEFIT PROTECTION ACT (29 USC §626). FURTHER, THE OFFICER UNDERSTANDS THAT SHE MAY RESCIND THIS AGREEMENT AT ANY TIME DURING THE SEVEN (7) DAYS IMMEDIATELY FOLLOWING EXECUTION.

Statement of Understanding. THE OFFICER ACKNOWLEDGES THAT SHE HE HAS CAREFULLY READ THIS AGREEMENT, KNOWS AND UNDERSTANDS THE CONTENTS CONTAINED IN IT, HAS BEEN GIVEN THE OPPORTUNITY TO CONSIDER THE AGREEMENT FOR TWENTYFORTY-ONE FIVE (2145) DAYS, THE COMPANY HAS ADVISED HER HIM TO CONSULT AN ATTORNEY IF SHE HE DESIRES AND SHE HE HAS BEEN GIVEN THE OPPORTUNITY TO DO SO. FURTHER, THE OFFICER UNDERSTANDS THAT SHE HE MAY RESCIND THIS AGREEMENT AT ANY TIME DURING THE SEVEN (7) DAYS IMMEDIATELY FOLLOWING EXECUTION. THE OFFICER DOES FREELY AND VOLUNTARILY ASSENT TO ALL OF ITS TERMS AND CONDITIONS AND SIGNS THIS AGREEMENT AS HER HIS OWN FREE ACT AND RECOGNIZES THAT BY DOING SO SHE HE IS RELEASING THE COMPANY FROM ANY LIABILITY UNDER THE OLDER WORKERS’ PROTECTION ACT. If the Officer chooses to waive the 21 45 day requirement, please indicate by initialing and dating the following paragraph in the space provided in the left margin. Initial Date THE OFFICER DOES HEREBY WAIVE THE TWENTYFORTY-ONE FIVE (2145) DAY PERIOD TO CONSIDER THIS AGREEMENT AS REQUIRED UNDER THE OLDER WORKERS’ BENEFIT PROTECTION ACT (29 USC §626). FURTHER, THE OFFICER UNDERSTANDS THAT SHE HE MAY RESCIND THIS AGREEMENT AT ANY TIME DURING THE SEVEN (7) DAYS IMMEDIATELY FOLLOWING EXECUTION.

Statement of Understanding. THE OFFICER ACKNOWLEDGES THAT SHE HAS CAREFULLY READ THIS AGREEMENT, KNOWS AND UNDERSTANDS THE CONTENTS CONTAINED IN IT, HAS BEEN GIVEN THE OPPORTUNITY TO CONSIDER THE AGREEMENT FOR TWENTY-ONE (21) DAYS, THE COMPANY HAS ADVISED HER TO CONSULT AN ATTORNEY IF SHE DESIRES AND SHE HAS BEEN GIVEN THE OPPORTUNITY TO DO SO. FURTHER, THE OFFICER UNDERSTANDS THAT SHE MAY RESCIND THIS AGREEMENT AT ANY TIME DURING THE SEVEN (7) DAYS IMMEDIATELY FOLLOWING EXECUTION. THE OFFICER DOES FREELY AND VOLUNTARILY ASSENT TO ALL OF ITS TERMS AND CONDITIONS AND SIGNS THIS AGREEMENT AS HER OWN FREE ACT AND RECOGNIZES THAT BY DOING SO SHE IS RELEASING THE COMPANY FROM ANY LIABILITY UNDER THE OLDER WORKERS’ PROTECTION ACTAGE DISCRIMINATION IN EMPLOYMENT ACT ON ANY CLAIMS SHE EVER HAD OR MAY NOW HAVE, BUT NOT AS TO ANY CLAIMS THAT MAY ARISE AFTER SHE EXECUTES THIS AGREEMENT. If the Officer chooses to waive the 21 day requirement, please indicate by initialing and dating the following paragraph in the space provided in the left margin. THE OFFICER DOES HEREBY WAIVE THE TWENTY-ONE (21) DAY PERIOD TO CONSIDER THIS AGREEMENT AS REQUIRED UNDER THE OLDER WORKERS’ BENEFIT PROTECTION ACT (29 USC §626). ) FURTHER, THE OFFICER UNDERSTANDS THAT SHE MAY RESCIND THIS AGREEMENT AT ANY TIME DURING THE SEVEN (7) DAYS IMMEDIATELY FOLLOWING EXECUTION.

Statement of Understanding. THE OFFICER ACKNOWLEDGES THAT SHE (A) HE HAS CAREFULLY READ THIS AGREEMENTAGREEMENT AND RELEASE, KNOWS AND UNDERSTANDS THE CONTENTS CONTAINED IN IT, IT AND HAS BEEN GIVEN THE OPPORTUNITY TO CONSIDER THE THIS AGREEMENT FOR TWENTY-ONE (21) DAYS, DAYS AND (B) THE COMPANY HAS ADVISED HER HIM TO CONSULT AN ATTORNEY IF SHE DESIRES AND SHE HE HAS BEEN GIVEN THE OPPORTUNITY TO DO SO. FURTHER, THE OFFICER UNDERSTANDS THAT SHE MAY RESCIND THIS AGREEMENT AT ANY TIME DURING THE SEVEN (7) DAYS IMMEDIATELY FOLLOWING EXECUTION. THE OFFICER DOES FREELY AND VOLUNTARILY ASSENT TO ALL OF ITS TERMS AND CONDITIONS AND SIGNS THIS AGREEMENT AS HER HIS OWN FREE ACT ACT, AND RECOGNIZES UNDERSTANDS THAT BY DOING SO SHE IS RELEASING HE HAS THE COMPANY FROM ANY LIABILITY UNDER RIGHT TO RESCIND THIS AGREEMENT DURING THE OLDER WORKERS’ PROTECTION ACTSEVEN-DAY PERIOD DISCLOSED IN SECTION 9 ABOVE. If the Officer chooses to waive the 21 21-day requirement, please indicate by initialing and dating the following paragraph in the space provided in the left margin. THE OFFICER DOES HEREBY WAIVE THE TWENTY-ONE (21) DAY PERIOD TO ____ CONSIDER THIS AGREEMENT AS REQUIRED UNDER THE OLDER WORKERS’ ' Initial BENEFIT PROTECTION ACT (29 USC §'626). FURTHER, THE OFFICER UNDERSTANDS BUT ACKNOWLEDGES THAT SHE MAY RESCIND HE HAS ____ REVIEWED AND CONSIDERED THIS AGREEMENT, HAS CONSULTED WITH HIS Date ATTORNEY AND FREELY AND VOLUNTARILY ASSENTS TO ALL OF ITS TERMS AND CONDITIONS AND SIGNS THIS AGREEMENT AT ANY TIME DURING THE SEVEN (7) DAYS IMMEDIATELY FOLLOWING EXECUTIONAS HIS OWN FREE ACT.

Statement of Understanding. THE OFFICER ACKNOWLEDGES THAT SHE (A) HE HAS CAREFULLY READ THIS AGREEMENTAGREEMENT AND RELEASE, KNOWS AND UNDERSTANDS THE CONTENTS CONTAINED IN IT, IT AND HAS BEEN GIVEN THE OPPORTUNITY TO CONSIDER THE THIS AGREEMENT FOR TWENTY-ONE (21) DAYS, DAYS AND (B) THE COMPANY HAS ADVISED HER HIM TO CONSULT AN ATTORNEY IF SHE DESIRES AND SHE HE HAS BEEN GIVEN THE OPPORTUNITY TO DO SO. FURTHER, THE OFFICER UNDERSTANDS THAT SHE MAY RESCIND THIS AGREEMENT AT ANY TIME DURING THE SEVEN (7) DAYS IMMEDIATELY FOLLOWING EXECUTION. THE OFFICER DOES FREELY AND VOLUNTARILY ASSENT TO ALL OF ITS TERMS AND CONDITIONS AND SIGNS THIS AGREEMENT AS HER HIS OWN FREE ACT AND RECOGNIZES THAT BY DOING SO SHE IS RELEASING THE COMPANY FROM ANY LIABILITY UNDER THE OLDER WORKERS’ PROTECTION ACT. If the Officer chooses to waive the 21 day requirement, please indicate by initialing and dating the following paragraph in the space provided in the left margin. THE OFFICER DOES HEREBY WAIVE THE TWENTY-ONE (21) DAY PERIOD TO CONSIDER THIS AGREEMENT AS REQUIRED UNDER THE OLDER WORKERS’ ' BENEFIT PROTECTION ACT (29 USC §626). FURTHER, THE OFFICER UNDERSTANDS BUT Initial ACKNOWLEDGES THAT SHE MAY RESCIND HE HAS REVIEWED AND CONSIDERED THIS ____ AGREEMENT, HAD CONSULTED WITH HIS ATTORNEY AND FREELY Date AND VOLUNTARILY ASSENTS TO ALL OF ITS TERMS AND CONDITIONS AND SIGNS THIS AGREEMENT AT ANY TIME DURING THE SEVEN (7) DAYS IMMEDIATELY FOLLOWING EXECUTIONAS HIS OWN FREE ACT.

Statement of Understanding. THE OFFICER ACKNOWLEDGES THAT SHE (A) HE HAS CAREFULLY READ THIS AGREEMENTAGREEMENT AND RELEASE, KNOWS AND UNDERSTANDS THE CONTENTS CONTAINED IN IT, IT AND HAS BEEN GIVEN THE OPPORTUNITY TO CONSIDER THE THIS AGREEMENT FOR TWENTY-ONE (21) DAYS, DAYS AND (B) THE COMPANY HAS ADVISED HER HIM TO CONSULT AN ATTORNEY IF SHE DESIRES AND SHE HE HAS BEEN GIVEN THE OPPORTUNITY TO DO SO. FURTHER, THE OFFICER UNDERSTANDS THAT SHE MAY RESCIND THIS AGREEMENT AT ANY TIME DURING THE SEVEN (7) DAYS IMMEDIATELY FOLLOWING EXECUTION. THE OFFICER DOES FREELY AND VOLUNTARILY ASSENT TO ALL OF ITS TERMS AND CONDITIONS AND SIGNS THIS AGREEMENT AS HER HIS OWN FREE ACT AND RECOGNIZES THAT BY DOING SO SHE IS RELEASING THE COMPANY FROM ANY LIABILITY UNDER THE OLDER WORKERS’ PROTECTION ACT. If the Officer chooses to waive the 21 day requirement, please indicate by initialing and dating the following paragraph in the space provided in the left margin. THE OFFICER DOES HEREBY WAIVE THE TWENTY-ONE (21) DAY PERIOD TO CONSIDER THIS AGREEMENT AS REQUIRED UNDER THE OLDER WORKERS’ ' BENEFIT PROTECTION ACT Initial (29 USC §626). FURTHER, THE OFFICER UNDERSTANDS BUT ACKNOWLEDGES THAT SHE MAY RESCIND HE HAS ____ REVIEWED AND CONSIDERED THIS AGREEMENT, HAD CONSULTED WITH HIS ATTORNEY AND FREELY AND VOLUNTARILY Date ASSENTS TO ALL OF ITS TERMS AND CONDITIONS AND SIGNS THIS AGREEMENT AT ANY TIME DURING THE SEVEN (7) DAYS IMMEDIATELY FOLLOWING EXECUTIONAS HIS OWN FREE ACT.

Statement of Understanding. THE OFFICER ACKNOWLEDGES THAT SHE HE HAS CAREFULLY READ THIS AGREEMENT, KNOWS AND UNDERSTANDS THE CONTENTS CONTAINED IN IT, HAS BEEN GIVEN THE OPPORTUNITY TO CONSIDER THE AGREEMENT FOR TWENTYFORTY-ONE FIVE (2145) DAYS, THE COMPANY HAS ADVISED HER HIM TO CONSULT AN ATTORNEY IF SHE HE DESIRES AND SHE HE HAS BEEN GIVEN THE OPPORTUNITY TO DO SO. FURTHER, THE OFFICER UNDERSTANDS THAT SHE HE MAY RESCIND THIS AGREEMENT AT ANY TIME DURING THE SEVEN (7) DAYS IMMEDIATELY FOLLOWING EXECUTION. THE OFFICER DOES FREELY AND VOLUNTARILY ASSENT TO ALL OF ITS TERMS AND CONDITIONS AND SIGNS THIS AGREEMENT AS HER HIS OWN FREE ACT AND RECOGNIZES THAT BY DOING SO SHE HE IS RELEASING THE COMPANY FROM ANY LIABILITY UNDER THE OLDER WORKERS’ PROTECTION ACT. If the Officer chooses to waive the 21 45 day requirement, please indicate by initialing and dating the following paragraph in the space provided in the left margin. THE OFFICER DOES HEREBY WAIVE THE TWENTYFORTY-ONE FIVE (2145) DAY PERIOD TO CONSIDER THIS AGREEMENT AS REQUIRED UNDER THE OLDER WORKERS’ BENEFIT PROTECTION ACT (29 USC §626). FURTHER, THE OFFICER UNDERSTANDS THAT SHE HE MAY RESCIND THIS AGREEMENT AT ANY TIME DURING THE SEVEN (7) DAYS IMMEDIATELY FOLLOWING EXECUTION.

Statement of Understanding. THE OFFICER ACKNOWLEDGES THAT SHE HE HAS CAREFULLY READ THIS AGREEMENT, KNOWS AND UNDERSTANDS THE CONTENTS CONTAINED IN IT, HAS BEEN GIVEN THE OPPORTUNITY TO CONSIDER THE AGREEMENT FOR TWENTY-ONE (21) DAYS, THE COMPANY HAS ADVISED HER HIM TO CONSULT AN ATTORNEY IF SHE HE DESIRES AND SHE HE HAS BEEN GIVEN THE OPPORTUNITY TO DO SO. FURTHER, THE OFFICER UNDERSTANDS THAT SHE HE MAY RESCIND THIS AGREEMENT AT ANY TIME DURING THE SEVEN (7) DAYS IMMEDIATELY FOLLOWING EXECUTION. THE OFFICER DOES FREELY AND VOLUNTARILY ASSENT TO ALL OF ITS TERMS AND CONDITIONS AND SIGNS THIS AGREEMENT AS HER HIS OWN FREE ACT AND RECOGNIZES THAT BY DOING SO SHE HE IS RELEASING THE COMPANY FROM ANY LIABILITY UNDER THE OLDER WORKERS’ BENEFIT PROTECTION ACT. If the Officer chooses to waive the 21 day requirement, please indicate by initialing and dating the following paragraph in the space provided in the left margin. Initial Date THE OFFICER DOES HEREBY WAIVE THE TWENTY-ONE (21) DAY PERIOD TO CONSIDER THIS AGREEMENT AS REQUIRED UNDER THE OLDER WORKERS’ BENEFIT PROTECTION ACT (29 USC §626). FURTHER, THE OFFICER UNDERSTANDS THAT SHE HE MAY RESCIND THIS AGREEMENT AT ANY TIME DURING THE SEVEN (7) DAYS IMMEDIATELY FOLLOWING EXECUTION.