Day Revocation Period Clause Samples
The Day Revocation Period clause establishes a specific timeframe during which a party can revoke or withdraw from an agreement after it has been signed. Typically, this period is measured in days and begins from the date the contract is executed, allowing a party to notify the other side in writing if they choose to cancel the agreement within that window. This clause provides a clear and limited opportunity for reconsideration, protecting parties from being bound by a contract they may have entered into hastily or under pressure.
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Day Revocation Period. The Employee understands that he may revoke this Agreement at any time within seven (7) days after he executes it. To revoke the Agreement, the Employee must deliver written notification of such revocation to , or in ’s absence to ’s office, within seven (7) days after the date of the Employee’s execution of this Agreement. The Employee further understands that if he does not revoke the Agreement within seven (7) days following its execution (excluding the date of execution), it will become effective, binding, and enforceable. The Employee understands that he will not receive the Severance Benefits until this Agreement becomes effective, binding, and enforceable, which shall not occur prior to the eighth day following the Employee’s execution of this Agreement.
Day Revocation Period. I understand that I have a period of 7 calendar days following the date I deliver a signed copy of this release to the Company’s Chief Administrative Officer to revoke this release. This release and my entitlement to severance pay will be binding and effective upon the expiration of this 7-day period if I do not revoke, but not before.
Day Revocation Period. In exchange for Employee's execution of this Agreement and in full and complete settlement of any and all claims, the Employer will provide Employee with the Severance Benefits.
Day Revocation Period. Executive has seven (7) days after his execution of this Release to revoke his acceptance of it (the “Revocation Period”). Any such revocation must be made in writing to [
Day Revocation Period. Employee may revoke this Agreement at any time within seven (7) days following Employee’s execution of this Agreement. If Employee wishes to revoke this Agreement within the seven-day period, for such revocation to be effective, he must clearly state his intention to revoke, in a written notice that must be presented by Employee to the Employer’s General Counsel, ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇, within such seven-day period. The parties agree and acknowledge that Employer is not obligated to make any payments pursuant to this Agreement until the seven-day revocation period passes and Employee did not properly revoke this Agreement within that period. This Agreement shall not become effective or enforceable until the foregoing revocation period has expired (the “Effective Date”).
Day Revocation Period. I understand that I have a period of seven calendar days following the date I deliver a signed copy of this Agreement to Modine Manufacturing Company, Attn: ▇▇▇▇▇ ▇. ▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, Racine, Wisconsin 53403 to revoke this Agreement by giving written notice to that person. This Agreement and my entitlement to severance benefits described in the ERA will be binding and effective upon the expiration of this seven day period if I do not revoke, but not before.
Day Revocation Period. Executive has seven (7) days after his execution of this Agreement to revoke his acceptance of it (the “Revocation Period”). Any such revocation must be made in writing to be received by J▇▇▇ ▇▇▇▇▇▇▇▇▇ by the close of business on the seventh (7th) day following Executive’s signature to be effective. The Parties acknowledge and agree that this Agreement is neither effective nor enforceable and neither Party is obligated to perform the promises contained herein in the event that the Agreement is revoked or until expiration of the seven (7) day revocation period, the “Effective Date” of this Agreement. Notwithstanding any provision of this Agreement to the contrary, in no event shall the timing of the Executive’s execution of this Agreement, directly or indirectly, result in the Executive designating the calendar year of payment of an amount that is subject to Section 409A, and if a payment that is subject to execution of this Agreement and is subject to Section 409A could be made in more than one taxable year, payment will be made in the later taxable year to the extent required to comply with Section 409A.
Day Revocation Period. Should you sign this Agreement, you will have seven (7) calendar days in which to revoke this signature. This Agreement will only become effective and enforceable after expiration of this revocation period.
Day Revocation Period. The Executive understands that he may take up to 21 calendar days from the date of the Agreement to consider this Agreement before signing it. Fully understanding the Executive's rights to take 21 days to consider signing this Agreement, and after having sufficient time to consider the Executive's options, the Executive hereby waives his right to take the full 21 day period. The Executive further understands that he may revoke this Agreement at any time during the seven days after signing it, and that this Agreement shall not become effective until the seven day revocation period has passed.
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