Common use of Consideration and Revocation Period Clause in Contracts

Consideration and Revocation Period. I acknowledge that I am hereby advised to consult with an attorney before signing this Release of Claims. I further understand that I may consider this Release of Claims for up to forty-five (45) days before deciding whether to sign it. In addition, I acknowledge that at the commencement of the forty-five (45) day period referenced herein, I was provided with the class, unit or group of individuals considered for the Release of Claims program, the employees eligible and selected for the Release of Claims program, the job title and ages of all individuals selected for the program and the ages of all individuals in the same job classification or organizational unit who are not selected for the program. A copy of the lists and information referenced herein are attached as Addendum A. If I signed this Release of Claims before the expiration of that forty-five (45) day period, I acknowledge that such decision was entirely voluntary. I understand that if I do not sign and return this Release of Claims to the Seller Bank by the end of that forty-five (45) day period, the Change of Control Amount described above will expire. I understand that for a period of seven (7) days after I execute this Release of Claims, I have the right to revoke it by a written notice to be received by the Seller Bank by the end of that period. I also understand that this Release of Claims shall not be effective or enforceable until the expiration of that seven (7) day period. I further represent and agree that I have carefully read and fully understand all of the provisions of this Release of Claims and that I am voluntarily agreeing to those provisions. I acknowledge that I have not been induced to sign this Release of Claims by any representatives of any released party other than the Change of Control Agreement Amount as stated above. Employee understands and agrees that Employee has carefully read and fully understands all of the provisions of this Agreement and knowingly and voluntarily agrees to all of the terms set forth in this Release of Claims. Employee knowingly and voluntarily intends to be legally bound by the same. Signed as a sealed instrument this , 20 . ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ [ ], ss. , 20 Before me, the undersigned notary public, personally appeared ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇, personally known, to be the person whose name is signed on the preceding document, and acknowledged to me that she signed it voluntarily for its stated purpose.

Appears in 2 contracts

Sources: Settlement Agreement (Lake Sunapee Bank Group), Settlement Agreement (Bar Harbor Bankshares)

Consideration and Revocation Period. I acknowledge that I am hereby advised to consult with an attorney before signing this Release of Claims. I further understand that I may consider this Release of Claims for up to forty-five (45) days before deciding whether to sign it. In addition, I acknowledge that at the commencement of the forty-five (45) day period referenced herein, I was provided with the class, unit or group of individuals considered for the Release of Claims program, the employees eligible and selected for the Release of Claims program, the job title and ages of all individuals selected for the program and the ages of all individuals in the same job classification or organizational unit who are not selected for the program. A copy of the lists and information referenced herein are attached as Addendum A. I further understand that I may consider this Release of Claims for up to forty-five (45) days before deciding whether to sign it. If I signed this Release of Claims before the expiration of that forty-five (45) day period, I acknowledge that such decision was entirely voluntary. I understand that if I do not sign and return this Release of Claims to the Seller Bank by the end of that forty-five (45) day period, the Change of Control Amount described above will expire. I understand that for a period of seven (7) days after I execute this Release of Claims, I have the right to revoke it by a written notice to be received by the Seller Bank by the end of that period. I also understand that this Release of Claims shall not be effective or enforceable until the expiration of that seven (7) day period. I further represent and agree that I have carefully read and fully understand all of the provisions of this Release of Claims and that I am voluntarily agreeing to those provisions. I acknowledge that I have not been induced to sign this Release of Claims by any representatives of any released party other than the Change of Control Agreement Amount as stated above. Employee understands and agrees that Employee has carefully read and fully understands all of the provisions of this Agreement and knowingly and voluntarily agrees to all of the terms set forth in this Release of Claims. Employee knowingly and voluntarily intends to be legally bound by the same. Signed as a sealed instrument this , 20 . ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ [ ], ss. , 20 Before me, the undersigned notary public, personally appeared ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇, personally known, to be the person whose name is signed on the preceding document, and acknowledged to me that she signed it voluntarily for its stated purpose.

Appears in 2 contracts

Sources: Settlement Agreement (Bar Harbor Bankshares), Settlement Agreement (Lake Sunapee Bank Group)

Consideration and Revocation Period. I acknowledge that I am hereby advised to consult with an attorney before signing this Release of Claims. I further understand that I may consider this Release of Claims for up to forty-five (45) days before deciding whether to sign it. In addition, I acknowledge that at the commencement of the forty-five (45) day period referenced herein, I was provided with the class, unit or group of individuals considered for the Release of Claims program, the employees eligible and selected for the Release of Claims program, the job title and ages of all individuals selected for the program and the ages of all individuals in the same job classification or organizational unit who are not selected for the program. A copy of the lists and information referenced herein are attached as Addendum A. If I signed this Release of Claims before the expiration of that forty-five (45) day period, I acknowledge that such decision was entirely voluntary. I understand that if I do not sign and return this Release of Claims to the Seller Bank by the end of that forty-five (45) day period, the Change of Control Amount described above will expire. I understand that for a period of seven (7) days after I execute this Release of Claims, I have the right to revoke it by a written notice to be received by the Seller Bank by the end of that period. I also understand that this Release of Claims shall not be effective or enforceable until the expiration of that seven (7) day period. I further represent and agree that I have carefully read and fully understand all of the provisions of this Release of Claims and that I am voluntarily agreeing to those provisions. I acknowledge that I have not been induced to sign this Release of Claims by any representatives of any released party other than the Change of Control Agreement Amount as stated above. Employee understands and agrees that Employee has carefully read and fully understands all of the provisions of this Agreement and knowingly and voluntarily agrees to all of the terms set forth in this Release of Claims. Employee knowingly and voluntarily intends to be legally bound by the same. Signed as a sealed instrument this , 20 . ▇▇▇▇▇▇▇▇▇▇▇▇ [ ], ss. , 20 Before me, the undersigned notary public, personally appeared ▇▇▇▇▇▇▇▇▇▇▇▇, personally known, to be the person whose name is signed on the preceding document, and acknowledged to me that she signed it voluntarily for its stated purpose.

Appears in 2 contracts

Sources: Settlement Agreement (Bar Harbor Bankshares), Settlement Agreement (Lake Sunapee Bank Group)

Consideration and Revocation Period. I acknowledge that I am hereby advised to consult with an attorney before signing this Release of Claims. I further understand that I may consider this Release of Claims for up to forty-five (45) days before deciding whether to sign it. In addition, I acknowledge that at the commencement of the forty-five (45) day period referenced herein, I was provided with the class, unit or group of individuals considered for the Release of Claims program, the employees eligible and selected for the Release of Claims program, the job title and ages of all individuals selected for the program and the ages of all individuals in the same job classification or organizational unit who are not selected for the program. A copy of the lists and information referenced herein are attached as Addendum A. If I signed this Release of Claims before the expiration of that forty-five (45) day period, I acknowledge that such decision was entirely voluntary. I understand that if I do not sign and return this Release of Claims to the Seller Bank by the end of that forty-five (45) day period, the Change of Control Amount described above will expire. I understand that for a period of seven (7) days after I execute this Release of Claims, I have the right to revoke it by a written notice to be received by the Seller Bank by the end of that period. I also understand that this Release of Claims shall not be effective or enforceable until the expiration of that seven (7) day period. I further represent and agree that I have carefully read and fully understand all of the provisions of this Release of Claims and that I am voluntarily agreeing to those provisions. I acknowledge that I have not been induced to sign this Release of Claims by any representatives of any released party other than the Change of Control Agreement Amount as stated above. Employee understands and agrees that Employee has carefully read and fully understands all of the provisions of this Agreement and knowingly and voluntarily agrees to all of the terms set forth in this Release of Claims. Employee knowingly and voluntarily intends to be legally bound by the same. Signed as a sealed instrument this , 20 . ▇▇▇▇▇▇▇▇▇▇▇▇▇ [ ], ss. , 20 Before me, the undersigned notary public, personally appeared ▇▇▇▇▇▇▇▇▇▇▇▇▇, personally known, to be the person whose name is signed on the preceding document, and acknowledged to me that she signed it voluntarily for its stated purpose.. , Notary Public

Appears in 2 contracts

Sources: Settlement Agreement (Bar Harbor Bankshares), Settlement Agreement (Lake Sunapee Bank Group)

Consideration and Revocation Period. I acknowledge By signing this Release, Executive represents and warrants that: (a) Under the Federal Age Discrimination in Employment Act of 1967, as amended , and the applicable rules and regulations promulgated thereunder, Parent and the Company advise Executive that I am hereby advised to he should consult with an attorney independent counsel before signing executing this Release of ClaimsRelease; and Executive acknowledges that he has been so advised. I Executive further understand acknowledges that I may consider this Release of Claims for up to fortyhe has had at least [twenty-one (21)][forty-five (45) )] days to consider this Release before deciding whether signing it and Executive further acknowledges that if he signs this Release prior to sign it. In addition, I acknowledge that at the commencement expiration of the forty[twenty-one (21)][forty-five (45) day period referenced herein, I was provided with the class, unit or group of individuals considered for the Release of Claims program, the employees eligible and selected for the Release of Claims program, the job title and ages of all individuals selected for the program and the ages of all individuals in the same job classification or organizational unit who are not selected for the program. A copy of the lists and information referenced herein are attached as Addendum A. If I signed this Release of Claims before the expiration of that forty-five (45) )] day period, I acknowledge Executive waives the remainder of that such decision was entirely voluntary. I understand period. (b) Executive acknowledges that if I do not sign and return he has carefully read this Release of Claims in its entirety; that he has had an adequate opportunity to consider it; that he understands all its terms; and that he knowingly and voluntarily assents to all the Seller Bank by the end of that forty-five (45) day periodterms and conditions contained herein, including, without limitation, the Change of Control Amount described above will expire. I understand waiver and release contained herein. (c) Executive further acknowledges that for a period of he has seven (7) calendar days after I execute following the date he signs this Release of Claims, I have the right to revoke it by a and this Release shall not become effective until the eighth day following the date on which Executive signs this Release. Executive understands that if he wishes to revoke this Release, Executive must deliver written notice of revocation [(which may be by email)], stating Executive’s intent to be received by the Seller Bank by the end of that period. I also understand that revoke this Release on or before 5:00 p.m. (PST) of Claims shall not be effective or enforceable until the expiration of that seven seventh (77th) day periodafter the date on which Executive signs this Release to [TITLE], at [ADDRESS]. I further represent and agree Executive acknowledges that I have carefully read and fully understand all if Executive revokes this Release, Executive will not receive any payments or benefits pursuant to Article IV of the provisions of this Release of Claims and that I am voluntarily agreeing to those provisions. I acknowledge that I have not been induced to sign this Release of Claims by any representatives of any released party other than the Change of Control Agreement Amount as stated above. Employee understands and agrees that Employee has carefully read and fully understands all of the provisions of this Agreement and knowingly and voluntarily agrees to all of the terms set forth in this Release of Claims. Employee knowingly and voluntarily intends to be legally bound by the same. Signed as a sealed instrument this , 20 . ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ [ ], ss. , 20 Before me, the undersigned notary public, personally appeared ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇, personally known, to be the person whose name is signed on the preceding document, and acknowledged to me that she signed it voluntarily for its stated purposeEmployment Agreement.

Appears in 2 contracts

Sources: Employment Agreement (Beauty Health Co), Employment Agreement (Beauty Health Co)

Consideration and Revocation Period. I acknowledge that I am hereby advised to consult with an attorney before signing this Release of Claims. I further understand that I may consider this Release of Claims for up to forty-five (45) days before deciding whether to sign it. In addition, I acknowledge that at the commencement of the forty-five (45) day period referenced herein, I was provided with the class, unit or group of individuals considered for the Release of Claims program, the employees eligible and selected for the Release of Claims program, the job title and ages of all individuals selected for the program and the ages of all individuals in the same job classification or organizational unit who are not selected for the program. A copy of the lists and information referenced herein are attached as Addendum A. If I signed this Release of Claims before the expiration of that forty-five (45) day period, I acknowledge that such decision was entirely voluntary. I understand that if I do not sign and return this Release of Claims to the Seller Bank by the end of that forty-five (45) day period, the Change of Control Employment Agreements Amount described above will expire. I understand that for a period of seven (7) days after I execute this Release of Claims, I have the right to revoke it by a written notice to be received by the Seller Bank by the end of that period. I also understand that this Release of Claims shall not be effective or enforceable until the expiration of that seven (7) day period. I further represent and agree that I have carefully read and fully understand all of the provisions of this Release of Claims and that I am voluntarily agreeing to those provisions. I acknowledge that I have not been induced to sign this Release of Claims by any representatives of any released party other than the Change of Control Agreement Employment Agreements Amount as stated above. Employee understands and agrees that Employee has carefully read and fully understands all of the provisions of this Agreement and knowingly and voluntarily agrees to all of the terms set forth in this Release of Claims. Employee knowingly and voluntarily intends to be legally bound by the same. Signed as a sealed instrument this , 20 . ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ [ ], ss. , 20 Before me, the undersigned notary public, personally appeared ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇, personally known, to be the person whose name is signed on the preceding document, and acknowledged to me that she signed it voluntarily for its stated purpose.

Appears in 2 contracts

Sources: Settlement Agreement (Bar Harbor Bankshares), Settlement Agreement (Lake Sunapee Bank Group)

Consideration and Revocation Period. I acknowledge that I am hereby advised to consult with an attorney before signing this Release of Claims. I further understand that I may consider this Release of Claims for up to fortytwenty-five one (4521) days before deciding whether to sign it. In addition, I acknowledge that at the commencement of the forty-five (45) day period referenced herein, I was provided with the class, unit or group of individuals considered for the Release of Claims program, the employees eligible and selected for the Release of Claims program, the job title and ages of all individuals selected for the program and the ages of all individuals in the same job classification or organizational unit who are not selected for the program. A copy of the lists and information referenced herein are attached as Addendum A. If I signed this Release of Claims before the expiration of that fortytwenty-five one (4521) day period, I acknowledge that such decision was entirely voluntary. I understand that if I do not sign and return this Release of Claims to the Seller Bank Company by the end of that fortytwenty-five one (4521) day period, the Change of Control Amount Severance Payment described above will expire. I understand that for a period of seven (7) days after I execute this Release of ClaimsGeneral Release, I have the right to revoke it by a written notice to be received by the Seller Bank Company by the end of that period. I also understand that this Release of Claims shall not be effective or enforceable until the expiration of that seven (7) day period. I further represent and agree that I have carefully read and fully understand all of the provisions of this Release of Claims and that I am voluntarily agreeing to those provisions. I acknowledge that I have not been induced to sign this Release of Claims by any representatives of any released party other than the Change of Control Agreement Amount Severance Payment as stated above. Employee understands and agrees that Employee has carefully read and fully understands all of the provisions of this Agreement and knowingly and voluntarily agrees to all of the terms set forth in this Release of Claims. Employee knowingly and voluntarily intends to be legally bound by the same. Signed as a sealed instrument this , 20 . W▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ [ ]Hampden, ss. , 20 Before me, the undersigned notary public, personally appeared W▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇, personally known, to be the person whose name is signed on the preceding document, and acknowledged to me that she he signed it voluntarily for its stated purpose. , Notary Public This EMPLOYMENT AGREEMENT (“the Agreement”) is made and entered into as of April 4, 2016 (the “Effective Date”) by and between WESTFIELD BANK, a federally-chartered savings bank having an office at 1▇▇ ▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ (the “Bank”) and W▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ (the “Executive”).

Appears in 1 contract

Sources: Merger Agreement (Westfield Financial Inc)

Consideration and Revocation Period. I acknowledge that I am hereby advised Pursuant to the Older Workers Benefit Protection Act of 1990 (“OWBPA”), You are advised: (1) to consult with an attorney regarding this Agreement before executing the Agreement; (2) that you are waiving rights or claims which may be waived by law, including claims under the Age Discrimination in Employment Act of 1967 (“ADEA”), in exchange for consideration which is not otherwise due to you; (3) that rights or claims, including those arising under ADEA, that may arise after the date this Agreement is executed are not waived (provided that, for avoidance of doubt, this General Release does include and does release claims that are based on your separation from employment, even if they do not mature or accrue until a later date); (4) You have up to twenty-one (21) calendar days from receipt of this Agreement to consider it before signing this Release of Claims. I further understand that I may consider this Release of Claims for up and returning, although You may, at Your discretion, knowingly and voluntarily, choose to forty-five (45) days before deciding whether to sign it. In addition, I acknowledge that at the commencement of the forty-five (45) day period referenced herein, I was provided with the class, unit or group of individuals considered for the Release of Claims program, the employees eligible and selected for the Release of Claims program, the job title and ages of all individuals selected for the program and the ages of all individuals in the same job classification or organizational unit who are not selected for the program. A copy of the lists and information referenced herein are attached as Addendum A. If I signed this Release of Claims before the expiration of that forty-five (45) day period, I acknowledge that such decision was entirely voluntary. I understand that if I do not sign and return this Release of Claims to the Seller Bank by the end of that forty-five it at an earlier time; (455) day period, the Change of Control Amount described above will expire. I understand that for a period of at any time within seven (7) calendar days after I execute following Your signing of this Release of ClaimsAgreement, I have the right to You may revoke it by a written notice to be received by the Seller Bank by the end of that period. I also understand that this Release of Claims Agreement; (6) this Agreement shall not be become effective or enforceable until the expiration of that seven (7) calendar days after You sign and do not revoke this Agreement; and (7) You may revoke this Agreement only by sending written notice of revocation delivered to ▇▇▇▇▇ ▇▇▇▇▇▇▇, Chief Human Resources Officer, ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ Drive, McLean, VA 22102 within this seven (7) calendar day period. I further represent and agree that I have carefully read and fully understand all of The revocation must be received or postmarked no later than midnight on the provisions seventh day following Your execution of this Release of Claims and that I am voluntarily agreeing to those provisionsAgreement. I acknowledge that I have not been induced had the opportunity to sign review this Release Agreement carefully with legal or other personal advisors of Claims my own choice; I understand that by any representatives signing this Agreement I am releasing the Company of any released party other than all claims against it, including claims under the Change of Control Agreement Amount as stated above. Employee understands Age Discrimination in Employment Act and agrees that Employee has carefully the Older Worker’s Benefit Protection Act; I have read and fully understands all of the provisions of this Agreement and understand its terms; I have been given the set time forth above to consider its terms and to ask any questions I may have; and I freely and knowingly and voluntarily agrees agree to all of the terms set forth in of this Release of ClaimsAgreement. Hilton Domestic Operating Company Inc. By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇, CHRO Date: November 30, 2023 Employee knowingly and voluntarily intends to be legally bound by the same. Signed as a sealed instrument this , 20 . By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ [ ]Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Date: November 30, ss. 2023 In exchange for the Consideration offered by Hilton Domestic Operating Company Inc. (the “Company”) in the previously-executed Confidential Separation Agreement and General Release (the “Agreement”), 20 Before meand pursuant to Section 2 therein, the undersigned notary public, personally appeared ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇, personally knownfor You and Your heirs, to be the person whose name is signed on the preceding documentpersonal representatives, and acknowledged assigns (referred to me that she signed it voluntarily for its stated purpose.herein jointly as “You” or “Your”), hereby agrees as follows:

Appears in 1 contract

Sources: Confidential Separation Agreement and General Release (Hilton Worldwide Holdings Inc.)

Consideration and Revocation Period. I acknowledge that I am hereby advised to consult with an attorney before signing this Release of Claims. I further understand that I may consider this Release of Claims for up to fortytwenty-five one (4521) days before deciding whether to sign it. In addition, I acknowledge that at the commencement of the forty-five (45) day period referenced herein, I was provided with the class, unit or group of individuals considered for the Release of Claims program, the employees eligible and selected for the Release of Claims program, the job title and ages of all individuals selected for the program and the ages of all individuals in the same job classification or organizational unit who are not selected for the program. A copy of the lists and information referenced herein are attached as Addendum A. If I signed this Release of Claims before the expiration of that fortytwenty-five one (4521) day period, I acknowledge that such decision was entirely voluntary. I understand that if I do not sign and return this Release of Claims to the Seller Bank by the end of that fortytwenty-five one (4521) day period, the Change of Control Employment Agreements Amount described above will expire. I understand that for a period of seven (7) days after I execute this Release of Claims, I have the right to revoke it by a written notice to be received by the Seller Bank by the end of that period. I also understand that this Release of Claims shall not be effective or enforceable until the expiration of that seven (7) day period. I further represent and agree that I have carefully read and fully understand all of the provisions of this Release of Claims and that I am voluntarily agreeing to those provisions. I acknowledge that I have not been induced to sign this Release of Claims by any representatives of any released party other than the Change of Control Agreement Employment Agreements Amount as stated above. Employee understands and agrees that Employee has carefully read and fully understands all of the provisions of this Agreement and knowingly and voluntarily agrees to all of the terms set forth in this Release of Claims. Employee knowingly and voluntarily intends to be legally bound by the same. Signed as a sealed instrument this , 20 . R▇▇▇▇▇▇ ▇▇▇▇. ▇▇▇▇ [ ]Hampden, ss. , 20 Before me, the undersigned notary public, personally appeared R▇▇▇▇▇▇ ▇▇▇▇. ▇▇▇▇, personally known, to be the person whose name is signed on the preceding document, and acknowledged to me that she he signed it voluntarily for its stated purpose. , Notary Public This Settlement Agreement (the “Agreement”) is entered into as of April 4, 2016 by and among Guida R. ▇▇▇▇▇▇ (the “Executive”), Westfield Financial, Inc., a bank holding company (“Buyer”), Westfield Bank, a wholly-owned subsidiary of Buyer (“Buyer Bank”), Chicopee Bancorp, Inc., a bank holding company (“Seller”), and Chicopee Savings Bank, a wholly-owned subsidiary of Seller (“Seller Bank”).

Appears in 1 contract

Sources: Merger Agreement (Westfield Financial Inc)

Consideration and Revocation Period. I acknowledge that I am hereby advised to consult with an attorney before signing this Release of Claims. I further understand that I may consider this Release of Claims for up to fortytwenty-five one (4521) days before deciding whether to sign it. In addition, I acknowledge that at the commencement of the forty-five (45) day period referenced herein, I was provided with the class, unit or group of individuals considered for the Release of Claims program, the employees eligible and selected for the Release of Claims program, the job title and ages of all individuals selected for the program and the ages of all individuals in the same job classification or organizational unit who are not selected for the program. A copy of the lists and information referenced herein are attached as Addendum A. If I signed this Release of Claims before the expiration of that fortytwenty-five one (4521) day period, I acknowledge that such decision was entirely voluntary. I understand that if I do not sign and return this Release of Claims to the Seller Bank Company by the end of that fortytwenty-five one (4521) day period, the Change of Control Amount Severance Payment described above will expire. I understand that for a period of seven (7) days after I execute this Release of ClaimsGeneral Release, I have the right to revoke it by a written notice to be received by the Seller Bank Company by the end of that period. I also understand that this Release of Claims shall not be effective or enforceable until the expiration of that seven (7) day period. I further represent and agree that I have carefully read and fully understand all of the provisions of this Release of Claims and that I am voluntarily agreeing to those provisions. I acknowledge that I have not been induced to sign this Release of Claims by any representatives of any released party other than the Change of Control Agreement Amount Severance Payment as stated above. Employee understands and agrees that Employee has carefully read and fully understands all of the provisions of this Agreement and knowingly and voluntarily agrees to all of the terms set forth in this Release of Claims. Employee knowingly and voluntarily intends to be legally bound by the same. Signed as a sealed instrument this , 20 . ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ [ ], ss. , 20 Before me, the undersigned notary public, personally appeared ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇, personally known, to be the person whose name is signed on the preceding document, and acknowledged to me that she signed it voluntarily for its stated purpose.

Appears in 1 contract

Sources: Employment Agreement (Westfield Financial Inc)

Consideration and Revocation Period. I acknowledge that I am hereby advised to consult with an attorney before signing this Release of Claims. I further understand that I may consider this Release of Claims for up to fortytwenty-five one (4521) days before deciding whether to sign it. In addition, I acknowledge that at the commencement of the forty-five (45) day period referenced herein, I was provided with the class, unit or group of individuals considered for the Release of Claims program, the employees eligible and selected for the Release of Claims program, the job title and ages of all individuals selected for the program and the ages of all individuals in the same job classification or organizational unit who are not selected for the program. A copy of the lists and information referenced herein are attached as Addendum A. If I signed this Release of Claims before the expiration of that fortytwenty-five one (4521) day period, I acknowledge that such decision was entirely voluntary. I understand that if I do not sign and return this Release of Claims to the Seller Bank Company by the end of that fortytwenty-five one (4521) day period, the Change of Control Amount Severance Payment described above will expire. I understand that for a period of seven (7) days after I execute this Release of ClaimsGeneral Release, I have the right to revoke it by a written notice to be received by the Seller Bank Company by the end of that period. I also understand that this Release of Claims shall not be effective or enforceable until the expiration of that seven (7) day period. I further represent and agree that I have carefully read and fully understand all of the provisions of this Release of Claims and that I am voluntarily agreeing to those provisions. I acknowledge that I have not been induced to sign this Release of Claims by any representatives of any released party other than the Change of Control Agreement Amount Severance Payment as stated above. Employee understands and agrees that Employee has carefully read and fully understands all of the provisions of this Agreement and knowingly and voluntarily agrees to all of the terms set forth in this Release of Claims. Employee knowingly and voluntarily intends to be legally bound by the same. Signed as a sealed instrument this , 20 . D▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇▇ [ ]Hampden, ss. , 20 Before me, the undersigned notary public, personally appeared D▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇▇, personally known, to be the person whose name is signed on the preceding document, and acknowledged to me that she signed it voluntarily for its stated purpose. , Notary Public EMPLOYMENT AGREEMENT This EMPLOYMENT AGREEMENT (“the Agreement”) is made and entered into as of April 4, 2016 (the “Effective Date”) by and between WESTFIELD BANK, a federally-chartered savings bank having an office at 1▇▇ ▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ (the “Bank”) and D▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇▇ (the “Executive”).

Appears in 1 contract

Sources: Merger Agreement (Westfield Financial Inc)

Consideration and Revocation Period. I acknowledge that I am hereby advised to consult with an attorney before signing this Release of Claims. I further understand that I may consider this Release of Claims for up to fortytwenty-five one (4521) days before deciding whether to sign it. In addition, I acknowledge that at the commencement of the forty-five (45) day period referenced herein, I was provided with the class, unit or group of individuals considered for the Release of Claims program, the employees eligible and selected for the Release of Claims program, the job title and ages of all individuals selected for the program and the ages of all individuals in the same job classification or organizational unit who are not selected for the program. A copy of the lists and information referenced herein are attached as Addendum A. If I signed this Release of Claims before the expiration of that fortytwenty-five one (4521) day period, I acknowledge that such decision was entirely voluntary. I understand that if I do not sign and return this Release of Claims to the Seller Bank by the end of that fortytwenty-five one (4521) day period, the Change of Control CIC Agreement Amount described above will expire. I understand that for a period of seven (7) days after I execute this Release of Claims, I have the right to revoke it by a written notice to be received by the Seller Bank by the end of that period. I also understand that this Release of Claims shall not be effective or enforceable until the expiration of that seven (7) day period. I further represent and agree that I have carefully read and fully understand all of the provisions of this Release of Claims and that I am voluntarily agreeing to those provisions. I acknowledge that I have not been induced to sign this Release of Claims by any representatives of any released party other than the Change of Control CIC Agreement Amount as stated above. Employee understands and agrees that Employee has carefully read and fully understands all of the provisions of this Agreement and knowingly and voluntarily agrees to all of the terms set forth in this Release of Claims. Employee knowingly and voluntarily intends to be legally bound by the same. Signed as a sealed instrument this , 20 M▇▇▇▇ ▇.▇. ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ [ ]Hampden, ss. , 20 Before me, the undersigned notary public, personally appeared ▇▇M▇▇▇▇ ▇.. ▇▇▇▇▇▇, personally known, to be the person whose name is signed on the preceding document, and acknowledged to me that she signed it voluntarily for its stated purpose. , Notary Public This Settlement Agreement (the “Agreement”) is entered into as of April 4, 2016 by and among R▇▇▇▇▇▇ ▇. ▇▇▇▇ (the “Executive”), Westfield Financial, Inc., a bank holding company (“Buyer”), Westfield Bank, a wholly-owned subsidiary of Buyer (“Buyer Bank”), Chicopee Bancorp, Inc., a bank holding company (“Seller”), and Chicopee Savings Bank, a wholly-owned subsidiary of Seller (“Seller Bank”).

Appears in 1 contract

Sources: Merger Agreement (Westfield Financial Inc)

Consideration and Revocation Period. I acknowledge that I am hereby advised to consult with an attorney before signing this Release of Claims. I further understand that I may consider this Release of Claims for up to fortytwenty-five one (4521) days before deciding whether to sign it. In addition, I acknowledge that at the commencement of the forty-five (45) day period referenced herein, I was provided with the class, unit or group of individuals considered for the Release of Claims program, the employees eligible and selected for the Release of Claims program, the job title and ages of all individuals selected for the program and the ages of all individuals in the same job classification or organizational unit who are not selected for the program. A copy of the lists and information referenced herein are attached as Addendum A. If I signed this Release of Claims before the expiration of that fortytwenty-five one (4521) day period, I acknowledge that such decision was entirely voluntary. I understand that if I do not sign and return this Release of Claims to the Seller Bank by the end of that fortytwenty-five one (4521) day period, the Change of Control Amount Severance Payment described above will expire. I understand that for a period of seven (7) days after I execute this Release of ClaimsGeneral Release, I have the right to revoke it by a written notice to be received by the Seller Bank by the end of that period. I also understand that this Release of Claims shall not be effective or enforceable until the expiration of that seven (7) day period. I further represent and agree that I have carefully read and fully understand all of the provisions of this Release of Claims and that I am voluntarily agreeing to those provisions. I acknowledge that I have not been induced to sign this Release of Claims by any representatives of any released party other than the Change of Control Agreement Amount Severance Payment as stated above. Employee understands and agrees that Employee has carefully read and fully understands all of the provisions of this Agreement and knowingly and voluntarily agrees to all of the terms set forth in this Release of Claims. Employee knowingly and voluntarily intends to be legally bound by the same. Signed as a sealed instrument this , 20 . D▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇▇ [ ]Hampden, ss. , 20 Before me, the undersigned notary public, personally appeared D▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇▇, personally known, to be the person whose name is signed on the preceding document, and acknowledged to me that she signed it voluntarily for its stated purpose. , Notary Public This Settlement Agreement (the “Agreement”) is entered into as of April 4, 2016 by and among W▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ (the “Executive”), Westfield Financial, Inc., a bank holding company (“Buyer”), Westfield Bank, a wholly-owned subsidiary of Buyer (“Buyer Bank”), Chicopee Bancorp, Inc., a bank holding company (“Seller”), and Chicopee Savings Bank, a wholly-owned subsidiary of Seller (“Seller Bank”).

Appears in 1 contract

Sources: Merger Agreement (Westfield Financial Inc)

Consideration and Revocation Period. I acknowledge that I am hereby advised to consult with an attorney before signing this Release of Claims. I further understand that I may consider this Release of Claims for up to fortytwenty-five one (4521) days before deciding whether to sign it. In addition, I acknowledge that at the commencement of the forty-five (45) day period referenced herein, I was provided with the class, unit or group of individuals considered for the Release of Claims program, the employees eligible and selected for the Release of Claims program, the job title and ages of all individuals selected for the program and the ages of all individuals in the same job classification or organizational unit who are not selected for the program. A copy of the lists and information referenced herein are attached as Addendum A. If I signed this Release of Claims before the expiration of that fortytwenty-five one (4521) day period, I acknowledge that such decision was entirely voluntary. I understand that if I do not sign and return this Release of Claims to the Seller Bank by the end of that fortytwenty-five one (4521) day period, the Change of Control Amount Severance Payment described above will expire. I understand that for a period of seven (7) days after I execute this Release of ClaimsGeneral Release, I have the right to revoke it by a written notice to be received by the Seller Bank by the end of that period. I also understand that this Release of Claims shall not be effective or enforceable until the expiration of that seven (7) day period. I further represent and agree that I have carefully read and fully understand all of the provisions of this Release of Claims and that I am voluntarily agreeing to those provisions. I acknowledge that I have not been induced to sign this Release of Claims by any representatives of any released party other than the Change of Control Agreement Amount Severance Payment as stated above. Employee understands and agrees that Employee has carefully read and fully understands all of the provisions of this Agreement and knowingly and voluntarily agrees to all of the terms set forth in this Release of Claims. Employee knowingly and voluntarily intends to be legally bound by the same. Signed as a sealed instrument this , 20 . W▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ [ ]Hampden, ss. , 20 Before me, the undersigned notary public, personally appeared W▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇, personally known, to be the person whose name is signed on the preceding document, and acknowledged to me that she he signed it voluntarily for its stated purpose. , Notary Public This EMPLOYMENT AGREEMENT (“the Agreement”) is made and entered into as of April 4, 2016 (the “Effective Date”) by and between WESTFIELD FINANCIAL, INC., a business corporation organized and existing under the laws of the Commonwealth of Massachusetts and having an office at 1▇▇ ▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ (the “Company”) and D▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇▇ (the “Executive”).

Appears in 1 contract

Sources: Merger Agreement (Westfield Financial Inc)