Common use of Ability to Revoke Clause in Contracts

Ability to Revoke. The Executive understands that he may revoke this Release with respect to claims arising under ADEA at any time within seven (7) days of the date of his signing by providing written notice to the Company at the address specified in Section 15 of the Employment Agreement, and that with respect to claims arising under ADEA, this Release will take effect only upon the expiration of such seven-day revocation period and only if he has not timely revoked it.

Appears in 2 contracts

Sources: Employment Agreement, Employment Agreement (Martha Stewart Living Omnimedia Inc)