Review and Revocation Period. (a) You have forty-five (45) days following your receipt of this Agreement (the “Consideration Period”) to review its terms, including the Release, and to reflect upon them and consider whether you want to sign it, although you may sign it sooner; provided, however, that you may not sign this Agreement prior to the Separation Date. You acknowledge and agree that changes to this Agreement, whether material or immaterial, do not restart the running of the Consideration Period. You understand and agree that you may consent to this Agreement, including the Release, by signing and returning this Agreement within the applicable time frame to General Counsel, Rite Aid Corporation, ▇▇ ▇▇▇▇▇▇ ▇▇▇▇, Camp Hill, PA 17011 or by e-mail at ▇▇▇▇▇▇▇▇▇@▇▇▇▇▇▇▇.▇▇▇. (b) You may revoke your consent to the Release within the seven day period beginning on the date you execute this Agreement (such seven day period being referred to herein as the “Release Revocation Period”). To be effective, such revocation must be in writing signed by you and delivered to the Company at the above address before 11:59 p.m., Eastern Standard time, on the last day of the Release Revocation Period. (c) In the event of such revocation by you, the Release shall be of no force or effect, and you will not have any rights and the Company will not have any obligations under Section 2(b) of this Agreement. Provided that you do not revoke your consent to the Release within the Release Revocation Period, the Release shall become effective on the eighth (8th) calendar day after the date upon which you execute this Agreement (the “Release Effective Date”).
Appears in 2 contracts
Sources: Employment Agreement (Rite Aid Corp), Employment Agreement (Rite Aid Corp)
Review and Revocation Period. (a) You have fortytwenty-five one (4521) days following your receipt of this Agreement (the “"Consideration Period”") to review its terms, including the Release, and to reflect upon them and consider whether you want to sign it, although you may sign it sooner; provided, however, that you may not sign this Agreement prior to the Separation Date. You acknowledge and agree that changes to this Agreement, whether material or immaterial, do not restart the running of the Consideration Period. You understand and agree that you may consent to this Agreement, including the Release, by signing and returning this Agreement within the applicable time frame to General Counsel, Rite Aid Corporation, ▇▇ ▇▇▇▇▇▇ ▇▇▇▇, Camp Hill, PA 17011 or by e-mail at ▇▇▇▇▇▇▇▇▇@▇▇▇▇▇▇▇.▇▇▇.
(b) You may revoke your consent to the Release within the seven day period beginning on the date you execute this Agreement (such seven day period being referred to herein as the “"Release Revocation Period”"). To be effective, such revocation must be in writing signed by you and delivered to the Company at the above address before 11:59 p.m., Eastern Standard time, on the last day of the Release Revocation Period.
(c) In the event of such revocation by you, the Release shall be of no force or effect, and you will not have any rights and the Company will not have any obligations under Section 2(b) of this Agreement. Provided that you do not revoke your consent to the Release within the Release Revocation Period, the Release shall become effective on the eighth (8th) calendar day after the date upon which you execute this Agreement (the “"Release Effective Date”").
Appears in 1 contract
Sources: Employment Agreement (Rite Aid Corp)
Review and Revocation Period. (a) You have fortytwenty-five one (4521) days following your receipt of this Agreement (the “Consideration Period”) to review its terms, including the Release, and to reflect upon them and consider whether you want to sign it, although you may sign it sooner; provided, however, that you may not sign this Agreement prior to the Separation Date. You acknowledge and agree that changes to this Agreement, whether material or immaterial, do not restart the running of the Consideration Period. You understand and agree that you may consent to this Agreement, including the Release, by signing and returning this Agreement within the applicable time frame to General Counsel, Rite Aid Corporation, ▇▇ ▇▇▇▇▇▇ ▇▇▇▇, Camp Hill, PA 17011 or by e-mail at ▇▇▇▇▇▇▇▇▇@▇▇▇▇▇▇▇.▇▇▇.
(b) You may revoke your consent to the Release within the seven day period beginning on the date you execute this Agreement (such seven day period being referred to herein as the “Release Revocation Period”). To be effective, such revocation must be in writing signed by you and delivered to the Company at the above address before 11:59 p.m., Eastern Standard time, on the last day of the Release Revocation Period.
(c) In the event of such revocation by you, the Release shall be of no force or effect, and you will not have any rights and the Company will not have any obligations under Section 2(b) of this Agreement. Provided that you do not revoke your consent to the Release within the Release Revocation Period, the Release shall become effective on the eighth (8th) calendar day after the date upon which you execute this Agreement (the “Release Effective Date”).
Appears in 1 contract
Sources: Employment Agreement (Rite Aid Corp)
Review and Revocation Period. (a) You have fortytwenty-five one (4521) days following your receipt of this Agreement (the “Consideration Period”) to review its terms, including the Release, and to reflect upon them and consider whether you want to sign it, although you may sign it sooner; provided, however, that you may not sign this Agreement prior to the Separation Date. You acknowledge and agree that changes to this Agreement, whether material or immaterial, do not restart the running of the Consideration Period. You understand and agree that you may consent to this Agreement, including the Release, by signing and returning this Agreement within the applicable time frame to General CounselP▇▇▇ ▇. ▇▇▇▇▇▇▇, EVP, Chief Legal Officer and Secretary, Rite Aid Corporation, 2▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, Camp HillEtters, PA 17011 17319 or by e-mail at to p▇▇▇.▇.▇▇▇▇▇▇▇▇▇@▇@r▇▇▇▇▇▇.▇▇▇.
(b) You may revoke your consent to the Release within the seven day period beginning on the date you execute this Agreement (such seven day period being referred to herein as the “Release Revocation Period”). To be effective, such revocation must be in writing signed by you and delivered to the Company at the above address before 11:59 p.m., Eastern Standard time, on the last day of the Release Revocation Period.
(c) In the event of such revocation by you, the Release shall be of no force or effect, and you will not have any rights and the Company will not have any obligations under Section 2(b) or Section 2(c) of this Agreement. Provided that you do not revoke your consent to the Release within the Release Revocation Period, the Release shall become effective on the eighth (8th) calendar day after the date upon which you execute this Agreement (the “Release Effective Date”).
Appears in 1 contract
Sources: Severance Agreement (Rite Aid Corp)
Review and Revocation Period. (a) You have fortytwenty-five (45) one days following your receipt of this Agreement (the “Consideration Period”) to review its terms, including the Release, and to reflect upon them and consider whether you want to sign it, although you may sign it sooner; provided, however, that you may not sign this Agreement prior to the Separation Date. You acknowledge and agree that changes to this AgreementAgreement (including Appendix B), whether material or immaterial, do not restart the running of the Consideration Periodthis twenty-one day period. You understand and agree that you may consent to this Agreement, including the Release, by signing and returning this Agreement within the applicable time frame to General Counsel, Rite Aid Corporation, ▇▇ ▇▇▇▇▇▇ ▇▇▇▇, Camp Hill, PA 17011 or by e-mail at ▇▇▇▇▇▇▇▇▇@▇▇▇▇▇▇▇.▇▇▇the CHRO (as defined on Appendix B).
(b) You may revoke your consent to the Release within the seven day period beginning on the date you execute this Agreement (such seven day period being referred to herein as the “Release Revocation Period”). To be effective, such revocation must be in writing signed by you and delivered to the Company at the above address before 11:59 p.m., Eastern Standard time, on the last day of the Release Revocation Period.
(c) In the event of such revocation by you, the Release shall be of no force or effect, and you will not have any rights and the Company will not have any obligations under Section 2(b) of this Agreement. Provided that you do not revoke your consent to the Release within the Release Revocation Period, the Release shall become effective on the eighth (8th) calendar day after the date upon which you execute this Agreement (the “Release Effective Date”).
Appears in 1 contract
Sources: Separation Agreement (Rite Aid Corp)
Review and Revocation Period. (a) You have forty-five (45) days following your receipt of this Agreement (the “Consideration Period”) to review its terms, including the Release, and to reflect upon them and consider whether you want to sign it, although you may sign it sooner; provided, however, that you may not sign this Agreement prior to the Separation Date. You acknowledge and agree that changes to this Agreement, whether material or immaterial, do not restart the running of the Consideration Period. You understand and agree that you may consent to this Agreement, including the Release, by signing and returning this Agreement within the applicable time frame to General Counsel, Rite Aid Corporation, ▇▇ ▇▇▇▇▇▇ ▇▇▇▇, Camp Hill, PA 17011 or by e-mail at ▇▇▇▇▇▇▇▇▇@▇▇▇▇▇▇▇.▇▇▇.
(b) You may revoke your consent to the Release within the seven day period beginning on the date you execute this Agreement (such seven day period being referred to herein as the “Release Revocation Period”). To be effective, such revocation must be in writing signed by you and delivered to the Company at the above address before 11:59 p.m., Eastern Standard time, on the last day of the Release Revocation Period.
(c) In the event of such revocation by you, the Release shall be of no force or effect, and you will not have any rights and the Company will not have any obligations under Section 2(b) of this Agreement. Provided that you do not revoke your consent to the Release within the Release Revocation Period, the Release shall become effective on the eighth (8th) calendar day after the date upon which you execute this Agreement (the “Release Effective Date”).
Appears in 1 contract
Sources: Separation Agreement (Rite Aid Corp)
Review and Revocation Period. (a) You have forty-five (45) days following your receipt of this Agreement (the “Consideration Period”) to review its terms, including the Release, and to reflect upon them and consider whether you want to sign it, although you may sign it sooner; provided, however, that you may not sign this Agreement prior to the Separation Date. You acknowledge and agree that changes to this Agreement, whether material or immaterial, do not restart the running of the Consideration Period. You understand and agree that you may consent to this Agreement, including the Release, by signing and returning this Agreement within the applicable time frame to General Counsel, Rite Aid Corporation, ▇▇ ▇▇▇▇▇▇ ▇▇▇▇, Camp Hill, PA 17011 or by e-mail at ▇▇▇▇▇▇▇▇▇@▇▇▇▇▇▇▇.▇▇▇.
(b) You may revoke your consent to the Release within the seven day period beginning on the date you execute this Agreement (such seven day period being referred to herein as the “Release Revocation Period”). To be effective, such revocation must be in writing signed by you and delivered to the Company at the above address before 11:59 p.m., Eastern Standard time, on the last day of the Release Revocation Period.
(c) In the event of such revocation by you, the Release shall be of no force or effect, and you will not have any rights and the Company will not have any obligations under Section 2(b) of this Agreement. Provided that you do not revoke your consent to the Release within the Release Revocation Period, the Release shall become effective on the eighth eighth
(8th) calendar day after the date upon which you execute this Agreement (the “Release Effective Date”).
(d) In order to be entitled to the payments referenced in Section 2(c) of this Agreement, you must re-execute this Agreement on or within forty-five (45) days following the Separation Date. You may revoke your re-execution of this Agreement within the seven day period beginning on the date you re-execute this Agreement. If this Agreement is not re-executed within such forty-five (45) day period, or if you timely revoke your re-execution, the Company shall have no obligations under Section 2(c) of this Agreement. This in no way affects your prior release of claims under this Agreement. Provided that you do not timely revoke your re-execution of this Agreement, the Release shall become effective on the eighth (8th) calendar day after the date upon which you re-execute this Agreement (the “Second Release Effective Date”) and be deemed to cover any claims which you have, may have had, or thereafter may have existing or occurring at any time on or before the date on which you re-execute this Agreement.
Appears in 1 contract
Sources: Separation Agreement (Rite Aid Corp)