ADEA Release Requirements Satisfied Clause Samples

ADEA Release Requirements Satisfied. Executive understands that this Release has to meet certain requirements to validly release any ADEA claims Executive might have had, and Executive represents and warrants that all such requirements have been satisfied. SurgiVision hereby advises Executive that before signing this Release, he may take twenty-one (21) days to consider this Release. Executive acknowledges that: (1) he took advantage of as much of this period to consider this Release as he wished before signing; (2) he carefully read this Release; (3) he fully understands it; (4) he entered into this Release knowingly and voluntarily (free from fraud, duress, coercion, or mistake of fact); (5) this Release is in writing and is understandable; (6) in this Release, he waives current ADEA claims; (7) he has not waived future ADEA claims; (8) he is receiving valuable consideration in exchange for execution of this Release that he would not otherwise be entitled to receive; and (9) SurgiVision hereby advises Executive in writing to discuss this Release with his attorney (at his own expense) prior to execution, and he has done so to the extent he deemed appropriate.

ADEA Release Requirements Satisfied. You understand that this Agreement had to meet certain requirements to validly release any claims that you might have had under the ADEA, and you represent that all such requirements were satisfied. (These requirements are that (1) your entering into this Agreement had to be knowing and voluntary, (i.e., free from fraud, duress, coercion, or mistake of fact); (2) this Agreement had to be in writing and be understandable; (3) this Agreement had to explicitly waive current ADEA claims; (4) this Agreement could not have waived future ADEA claims; (5) this Agreement must have been paid for with something to which you were not already entitled; (6) the Company had to advise you in writing to consult an attorney; (7) the Company had to give you at least 45 days to consider this Agreement; and (8) the Company had to give you at least 7 days to revoke this Agreement after signing it). You specifically agree and acknowledge as follows: a. You have read the terms of this Agreement, understand its contents, and agree to the terms and conditions set forth herein of your own free will. b. You have been advised orally and, by this document, in writing of your right to consult with legal counsel prior to executing this Agreement. c. You do not rely on any statement or representation of the Company in entering into this Agreement. d. You understand that this Agreement includes a general release and that you can make no claims against the Company except as provided in the general release. e. You acknowledge that you have been afforded a reasonable period of time within which to consider this Agreement. Accordingly, you hereby waive the applicable period provided under the Act (45 days) to consider this Agreement. f. You acknowledge and understand that you may rescind the release and waivers contained herein within seven (7) calendar days of the date on which you execute this Agreement. Should you wish to exercise the right to rescind the release and waivers, the rescission must be in writing and must be delivered by hand or mail within seven (7) calendar days of the date set forth herein. If you wish to deliver the rescission by mail, the rescission must be postmarked within the seven (7) calendar days set forth above; must be sent by certified mail, return receipt requested; and must be properly addressed as follows: General Counsel JohnsonDiversey, Inc. ▇▇▇▇ - ▇▇▇▇ ▇▇▇▇▇▇ P. O. Box 902 Sturtevant, WI 53177-0902 If you wish to deliver the rescission by hand, the rescissio...

ADEA Release Requirements Satisfied. Employee understands that this Agreement has to meet certain requirements to validly release any ADEA claims Employee might have, and Employee represents and warrants that all such requirements have been satisfied. GTx hereby advises Employee that before signing this Agreement, he/she may take forty-five (45) days to consider this Agreement. Employee acknowledges that: (i) he/she took advantage of as much of this period to consider this Agreement as he/she wished before signing; (ii) he/she carefully read this Agreement; (iii) he/she fully understands it; (iv) he/she entered into this Agreement knowingly and voluntarily (free from fraud, duress, coercion, or mistake of fact); (v) this Agreement is in writing and is understandable; (vi) in this Agreement, he/she waives current ADEA claims; (vii) he/she has not waived future ADEA claims that may arise after the date of execution of this Agreement; (viii) he/she is receiving valuable consideration in exchange for execution of this Agreement that he/she would not otherwise be entitled to receive; (ix) GTx hereby advises Employee in writing to discuss this Agreement with his/her attorney (at his/her own expense) prior to execution, and he/she has done so to the extent he/she deemed appropriate; and (x) he/she received with this Agreement, GTx’s Cumulative Information Disclosure Notice Concerning Reduction In Force.

ADEA Release Requirements Satisfied. Executive acknowledges that this Agreement satisfies all applicable legal requirements to validly release any Claims (including Claims arising under the Age Discrimination in Employment Act, as amended (the “ADEA”). These requirements are that (i) Executive voluntarily entered into this Agreement with full knowledge of its terms (i.e., free from fraud, duress, coercion, or mistake of fact); (ii) this Agreement is in writing and fully comprehensible and understandable to Executive; (iii) this Agreement explicitly waives current ADEA claims; (iv) this Agreement does not waive future ADEA claims; (v) the Severance Payment and the COBRA Subsidy constitute monies to which Executive would not be entitled in the absence of his entering into this Agreement; (vi) the Company provided Executive with at least twenty-one (21) days in which to decide whether to enter into this Agreement; and (viii) the Company provided Executive with at least seven (7) days within which to revoke this Agreement after signing it.

ADEA Release Requirements Satisfied. Key Employee acknowledges that this Key Employee Release satisfies all applicable legal requirements to validly release any Claims (including without limitation Claims arising under the Age Discrimination in Employment Act, as amended). These requirements are that (i) Key Employee voluntarily entered into this Key Employee Release with full knowledge of its terms (i.e., free from fraud, duress, coercion or mistake of fact); (ii) this Key Employee Release is in writing and fully comprehensible and understandable to Key Employee; (iii) this Key Employee Release explicitly waives only current ADEA claims; (iv) this Key Employee Release does not waive future ADEA claims; (v) the Severance Pay set forth in Section 3.5 of the Employment Agreement constitutes monies to which Key Employee would not be entitled in the absence of his entering into this Key Employee Release; (vi) the Released Parties advised Key Employee in writing to consult an attorney prior to entering into this Key Employee Release; (vii) the Released Parties provided Key Employee with at least forty-five (45) days in which to decide whether to enter into this Key Employee Release; and (viii) the Released Parties provided Key Employee with at least seven (7) days within which to revoke this Key Employee Release after signing it.