Effective Date and Revocation Sample Clauses
The 'Effective Date and Revocation' clause establishes when an agreement or contract becomes legally binding and under what circumstances it can be withdrawn or cancelled. Typically, this clause specifies a particular date or event that triggers the contract’s enforceability, and outlines the process or conditions under which a party may revoke their acceptance or terminate the agreement before it takes effect. Its core practical function is to provide clarity and certainty regarding the commencement of contractual obligations and the parties’ rights to withdraw, thereby preventing disputes over when the contract is in force or whether a party can back out.
Effective Date and Revocation. You have up to 21 days after you receive this Agreement to review it. You are advised to consult an attorney of your own choosing (at your own expense) before signing this Agreement. Furthermore, you have up to seven days after you sign this Agreement to revoke it. If you wish to revoke this Agreement after signing it, you may do so by delivering a letter of revocation to me. If you do not revoke this Agreement, the eighth day after the date you sign it will be the “Effective Date.” Because of the seven-day revocation period, no part of this Agreement will become effective or enforceable until the Effective Date.
Effective Date and Revocation. This Release Agreement shall become effective no sooner than on the eighth day following the date on which Executive executes this Release Agreement (the “Effective Date”). It is understood that Executive may revoke his approval of this Release Agreement within the seven-day period following the date on which he signs the Release Agreement. Any revocation during this period must be in writing and delivered to the attention of . Any revocation must be delivered to and received by within the seven-day period. In the event of Executive’s revocation, this Release Agreement, and the obligations recited herein, including the payment specified above, shall be null and void in accordance with its terms.
Effective Date and Revocation. This Agreement shall not be effective until seven (7) days after I sign it and return it to the company representative indicated below. During that seven (7)-day period I may revoke my acceptance of this Agreement by delivering to the company representative indicated below a written statement stating I wish to revoke this Agreement or not be bound by it. In addition, I understand and agree that this Agreement may be executed by me and the Company in counter-parts and that facsimile or copy signatures shall be considered just as effective as original signatures.
Effective Date and Revocation. So long as Employee does not revoke this Agreement, this Agreement shall become effective on the eighth day following the date the Employee signs this Agreement (“Effective Date”). For a period of seven (7) days following the date the Employee signs this Agreement, the Employee may revoke this Agreement by providing written notice of revocation to: [INSERT CONTACT PERSON] In the event that Employee revokes the Agreement prior to the eighth day after his execution of it, this Agreement and the promises contained herein shall automatically be null and void.
Effective Date and Revocation. You agree by your signature below that you had, and that the Company gave you, at least twenty-one (21) days to review and consider this Agreement before signing it, and that such period was sufficient for you to fully and completely consider all of its terms. The Company hereby advises you to discuss this Agreement with your own attorney (at your own expense) during this period if you wish to do so. You may accept this Agreement by delivering a copy of the Agreement signed by you to me within twenty-one (21) days from the day you receive the Agreement. You may revoke your acceptance of the Agreement for a period of seven (7) days after signing the Agreement by delivering written notification to me within that seven-day period. If you do not revoke your acceptance of the Agreement, it will be effective on the eighth (8th) day after you sign it. If you revoke your acceptance of this Agreement, you will not be entitled to the benefits listed in Section 3, above. You agree that you have carefully read this Agreement, fully understand what it means, and are entering into it voluntarily. Please indicate your agreement with the above terms by signing below. Very truly yours, /s/ J▇▇▇ ▇▇▇▇▇▇▇▇▇ J▇▇▇ ▇▇▇▇▇▇▇▇▇ CEO & President Etsy, Inc. I agree to the terms of this Agreement. Dated: 9/11/18 You and Etsy, Inc. (the "Company") hereby enter into this Supplemental Release (the "Supplemental Release"), which will become effective on _____.
Effective Date and Revocation. Executive agrees that she has been given 21 days in which to consider whether to sign this Agreement (including the Release) and the Repurchase Agreement and has either used that full 21-day period or voluntarily decided to sign this Agreement before the end of such period. The parties agree that Executive may revoke the Release at any time within seven days after executing it, at which time the Release and this Agreement and the Repurchase Agreement will all revoked and will become null and void. The Release, this Agreement and the Repurchase Agreement will not be effective or enforceable until the end of such seven-day period, but they shall be fully effective and enforceable if the Release is not revoked within such seven-day period.
Effective Date and Revocation. This Agreement shall not be effective until eight (8) days after Employee signs it and returns it to the Company’s Chief Executive Officer or General Counsel. During that seven-day period Employee may revoke his/her acceptance of this Agreement by delivering to the Company's General Counsel a written statement stating s/he wishes to revoke this Agreement or not be bound by it in which case s/he will not be entitled to receive any severance pay and benefits under this Agreement and/or the Severance Agreement.
Effective Date and Revocation. This Agreement will be enforceable and effective on the eighth (8th) day after ▇▇▇▇▇▇ signs it and returns it to FHLBA (the “Effective Date”). The Parties agree that ▇▇▇▇▇▇ may revoke this Agreement any time during the first seven (7) days after ▇▇▇▇▇▇ signs it. To make a valid revocation of this Agreement, ▇▇▇▇▇▇ must deliver a signed notice of revocation to FHLBA, either via personal delivery or via next day overnight delivery by a reliable carrier, to the attention of: ▇▇▇▇▇ ▇▇▇▇▇▇, Chief Human Resource Officer, Federal Home Loan Bank of Atlanta, ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇ ▇▇, ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇. This notice of revocation must be received before the end of the seven (7) day revocation period. Upon delivery of a timely notice of revocation, this Agreement will be null and void, and neither ▇▇▇▇▇▇ nor FHLBA will have rights or obligations under it. The Agreement may not be revoked after the Effective Date. If ▇▇▇▇▇▇ attempts to rescind, revoke or annul this Agreement after the Effective Date, or if he attempts at any time to make, assert or prosecute any claim covered by the release contained in Section 4 above, he agrees, prior to filing or instituting such claim, to return to FHLBA any and all payments already received by him under this Agreement and, if FHLBA prevails in defending the enforceability of any portion of the Agreement or in defending itself against any such claim brought by ▇▇▇▇▇▇, he will pay FHLBA’s attorney’s fees and costs incurred in defending itself against the claims and/or the attempted revocation, rescission or annulment. FHLBA agrees, however, that ▇▇▇▇▇▇ shall not be required to repay the monies paid to him under the terms of this Agreement in consideration of his waiver of claims under the ADEA or pay FHLBA all of its attorneys’ fees and costs incurred in its defense of ▇▇▇▇▇▇’▇ action (except those attorneys’ fees or costs specifically authorized under federal or state law) in the event that ▇▇▇▇▇▇ seeks to challenge his waiver of claims under the ADEA.
Effective Date and Revocation. So long as Executive does not revoke this Agreement, this Agreement shall become effective on the eighth day following the date the Executive signs this Agreement (“Effective Date”). For a period of seven (7) days following the date the Executive signs this Agreement, Executive may revoke this Agreement by providing written notice of revocation to: [INSERT CONTACT PERSON]. In the event that Executive revokes the Agreement prior to the eighth day after his execution of it, this Agreement and the promises contained herein shall automatically be null and void.
Effective Date and Revocation. This Agreement shall not become effective until the eighth (8th) day after you sign this Agreement (“Effective Date”). In other words, you may revoke your acceptance of this Agreement within seven (7) days after the date you sign it. Your revocation must be in writing and received by , at by 5:00 p.m. Eastern Time on the seventh (7th) day in order to be effective.