Advice of Counsel; Time to Consider; Revocation. Executive acknowledges the following: (i) Executive received a copy of this Agreement on , 200 . (ii) Executive has read this Agreement and understands its legal and binding effect. Executive is acting voluntarily and of Executive’s own free will in executing this Agreement. (iii) Executive has been advised to seek and has had the opportunity to seek legal counsel in connection with this Agreement. (iv) Executive was given [21/45] days (the “Consideration Period”) to consider the terms of this Agreement before signing it. (v) If Executive does not deliver a signed copy of this Agreement to the Company on or before the last day of the Consideration Period, this Agreement shall be void and Executive will not receive the benefits described in Section 4.1 of the Change of Control Agreement. Executive understands that, if Executive timely signs this Agreement and delivers it to the Company, Executive may rescind this Agreement at any time within seven (7) days after signing it by delivering a written notice to the Company. Executive understands that this Agreement will not be effective until after the seven-day rescission period has expired.
Appears in 1 contract
Sources: Change of Control Employment Agreement (McDonalds Corp)
Advice of Counsel; Time to Consider; Revocation. The Executive acknowledges the following:
(ia) Executive received a copy of this Agreement on , 200 .
(ii) The Executive has read this Agreement Waiver and Release, and understands its legal and binding effect, including that by signing and not revoking this Waiver and Release the Executive waives and releases any and all claims under the Age Discrimination in Employment Act of 1967, as amended, including but not limited to the Older Workers Benefits Protection Act. The Executive is acting voluntarily and of the Executive’s own free will in executing this AgreementWaiver and Release.
(iiib) The Executive has been advised to seek and has had the opportunity to seek legal counsel in connection with this AgreementWaiver and Release.
(ivc) The Executive was given at least [21/45twenty-one (21) / forty-five (45)] days (the “Consideration Period”) to consider the terms of this Agreement Waiver and Release before signing it.
(vd) If At the time Executive does was given this Waiver and Release, Executive was informed that his or her termination was not deliver part of a signed copy of this Agreement to the Company on or before the last day of the Consideration Period, this Agreement shall be void and Executive will not receive the benefits described in Section 4.1 of the Change of Control Agreementgroup separation. The Executive understands that, if the Executive timely signs this Agreement the Waiver and delivers it to Release, the Company, Executive may rescind this Agreement at any time revoke it within seven (7) days after signing it by delivering a written notice to it, provided that Executive will not receive any severance benefits under the CompanySeparation Agreement. The Executive understands that this Agreement Waiver and Release will not be effective until after the seven-day rescission period has expiredexpired and no consideration will be due the Executive.
Appears in 1 contract
Advice of Counsel; Time to Consider; Revocation. The Executive acknowledges the following:
(ia) Executive received a copy of this Agreement on , 200 .
(ii) The Executive has read this Agreement Waiver and Release, and understands its legal and binding effect, including that by signing and not revoking this Waiver and Release the Executive waives and releases any and all claims under the Age Discrimination in Employment Act of 1967, as amended, including but not limited to the Older Workers Benefits Protection Act. The Executive is acting voluntarily and of the Executive’s own free will in executing this AgreementWaiver and Release.
(iiib) The Executive has been advised to seek and has had the opportunity to seek legal counsel in connection with this AgreementWaiver and Release.
(ivc) The Executive was given [21/45] at least twenty-one (21) days (the “Consideration Period”) to consider the terms of this Agreement Waiver and Release before signing it.
(v) If Executive does not deliver a signed copy of this Agreement to the Company on or before the last day of the Consideration Period, this Agreement shall be void and Executive will not receive the benefits described in Section 4.1 of the Change of Control Agreement. The Executive understands that, if the Executive timely signs this Agreement the Waiver and delivers it to Release, the Company, Executive may rescind this Agreement at any time revoke it within seven (7) days after signing it by delivering a written notice to it, provided that Executive will not receive any severance benefits under the CompanySeverance Plan or the Separation Agreement. The Executive understands that this Agreement Waiver and Release will not be effective until after the seven-day rescission period has expiredexpired and no consideration will be due the Executive.
Appears in 1 contract
Advice of Counsel; Time to Consider; Revocation. The Executive acknowledges the following:
(ia) Executive received a copy of this Agreement on , 200 .
(ii) The Executive has read this Agreement Waiver and Release, and understands its legal and binding effect, including that by signing and not revoking this Waiver and Release the Executive waives and releases any and all claims under the Age Discrimination in Employment Act of 1967, as amended, including but not limited to the Older Workers Benefits Protection Act. The Executive is acting voluntarily and of the Executive’s own free will in executing this AgreementWaiver and Release.
(iiib) The Executive has been advised to seek and has had the opportunity to seek legal counsel in connection with this AgreementWaiver and Release.
(ivc) The Executive was given [21/45] at least twenty-one days (the “Consideration Period”) to consider the terms of this Agreement Waiver and Release before signing it.
(v) If Executive does not deliver a signed copy of this Agreement to the Company on or before the last day of the Consideration Period, this Agreement shall be void and Executive will not receive the benefits described in Section 4.1 of the Change of Control Agreement. The Executive understands that, if the Executive timely signs this Agreement the Waiver and delivers it to Release, the Company, Executive may rescind this Agreement at any time revoke it within seven (7) days after signing it by delivering a written notice to it, provided that Executive will not receive the Companypayments and benefits under the Agreement. The Executive understands that this Agreement Waiver and Release will not be effective until after the seven-day rescission period has expiredexpired and no consideration will be due the Executive.
Appears in 1 contract
Sources: Separation Agreement (West Corp)
Advice of Counsel; Time to Consider; Revocation. Executive acknowledges the ----------------------------------------------- following:
(i) Executive received a copy of this Agreement on ____________, 200 200_.
(ii) Executive has read this Agreement Agreement, and understands its legal and binding effect. Executive is acting voluntarily and of Executive’s 's own free will in executing this Agreement.
(iii) Executive has been advised to seek and has had the opportunity to seek legal counsel in connection with this Agreement.
(iv) Executive was given [21/45] days (the “"Consideration Period”") to consider the terms of this Agreement before signing it.
(v) If Executive does not deliver a signed copy of this Agreement to the Company on or before the last day of the Consideration Period, this Agreement shall be void and Executive will not receive the benefits described in Section 4.1 of the Change of Control Agreement. Executive understands that, if Executive timely signs this Agreement and delivers it to the Company, Executive may rescind this Agreement at any time within seven (7) days after signing it by delivering a written notice to the Company. Executive understands that this Agreement will not be effective until after the seven-day rescission period has expired.
Appears in 1 contract
Sources: Change of Control Employment Agreement (McDonalds Corp)
Advice of Counsel; Time to Consider; Revocation. Executive acknowledges the following:
(i) Executive received a copy of this Agreement on , 200 .
(ii) Executive has read this Agreement Agreement, and understands its legal and binding effect. Executive is acting voluntarily and of Executive’s own free will in executing this Agreement.
(iii) Executive has been advised to seek and has had the opportunity to seek legal counsel in connection with this Agreement.
(iv) Executive was given [21/45] days (the “Consideration Period”) to consider the terms of this Agreement before signing it.
(v) If Executive does not deliver a signed copy of this Agreement to the Company on or before the last day of the Consideration Period, this Agreement shall be void and Executive will not receive the benefits described in Section 4.1 of the Change of Control Agreement. Executive understands that, if Executive timely signs this Agreement and delivers it to the Company, Executive may rescind this Agreement at any time within seven (7) days after signing it by delivering a written notice to the Company. Executive understands that this Agreement will not be effective until after the seven-day rescission period has expired.
Appears in 1 contract
Sources: Change of Control Employee Agreement (McDonalds Corp)
Advice of Counsel; Time to Consider; Revocation. The Executive acknowledges the following:
(ia) Executive received a copy of this Agreement on , 200 .
(ii) The Executive has read this Agreement Waiver and Release, and understands its legal and binding effect, including that by signing and not revoking this Waiver and Release the Executive waives and releases any and all claims under the Age Discrimination in Employment Act of 1967, as amended, including but not limited to the Older Workers Benefits Protection Act. The Executive is acting voluntarily and of the Executive’s 's own free will in executing this AgreementWaiver and Release.
(iiib) The Executive has been advised to seek and has had the opportunity to seek legal counsel in connection with this AgreementWaiver and Release.
(ivc) The Executive was given [21/45] at least twenty-one (21) days (the “Consideration Period”) to consider the terms of this Agreement Waiver and Release before signing it.
(v) If Executive does not deliver a signed copy of this Agreement to the Company on or before the last day of the Consideration Period, this Agreement shall be void and Executive will not receive the benefits described in Section 4.1 of the Change of Control Agreement. The Executive understands that, if the Executive timely signs this Agreement the Waiver and delivers it to Release, the Company, Executive may rescind this Agreement at any time revoke it within seven (7) days after signing it by delivering a written notice to the Companyit. The Executive understands that this Agreement Waiver and Release will not be effective until after the seven-day rescission period has expiredexpired and no consideration will be due the Executive.
Appears in 1 contract
Sources: Retirement and Separation Agreement (Commonwealth Edison Co)