Review and Revocation Rights Clause Samples

Review and Revocation Rights. The Executive hereby is advised of the following: (a) The Executive has the right to consult with an attorney before signing this Agreement and is encouraged by the Company to do so; (b) The Executive has twenty-one (21) days from his receipt of this Agreement to consider it; and (c) The Executive has seven (7) days after signing this Agreement to revoke this Agreement, and this Agreement will not be effective until that revocation period has expired without exercise. The Executive agrees that in order to exercise his right to revoke this Agreement within such seven (7) day period, he must do so in a signed writing delivered to the Company’s General Counsel before the close of business on the seventh calendar day after he signs this Agreement.

Review and Revocation Rights. (a) Executive acknowledges that he may have twenty-one (21) days from receipt of this Release to review and consider this Release before signing, and that signing the Release shall constitute a waiver of any remaining balance of the twenty-one (21) day waiting period. Executive agrees that any changes to this Release do not restart the running of this twenty-one (21) day period. Executive also acknowledges that he has hereby been advised to consult an attorney about this Release prior to its execution. (b) Executive further understands that he may revoke this Release within seven (7) days from the date on which this document is executed by Executive and that this Release is not effective or enforceable until such revocation period has expired. Revocation may be made by delivering a written notice of revocation to the Bank as described in Section 10. For this revocation to be effective, such written notice must be received by said individual no later than midnight on the seventh day after Executive signs this Release. (c) Executive further acknowledges and understands that this Release is not effective or enforceable (and that the above referenced Payments will not commence) until such revocation period has expired. If Executive revokes this Release, this Release shall not be enforceable or effective and Executive will not receive the benefits described in this Release.

Review and Revocation Rights. By signing below, Executive acknowledges that: a. She has been advised in this writing and encouraged by the Company to consult with an attorney regarding this Agreement; and b. She has been given at least forty-five (45) days to consider this Agreement before signing. c. She further has been advised by the Company and understands that she shall have seven (7) days following signing of this Agreement to revoke it, and that the Agreement shall not become effective until the 7-day revocation period has expired without her revocation of it. Executive further understands and acknowledges that to be effective, the revocation must be in writing and delivered to the Company, c/o S▇▇▇▇ ▇▇▇▇▇, Manager, Human Resources, O▇▇ ▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇, ▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇, by 5:00 p.m. on or before the seventh (7th) calendar day after Executive signs the Agreement. d. Executive acknowledges and understands that this Agreement will become effective and enforceable upon the expiration of seven (7) calendar days following the date on which this Agreement is executed by Executive, if not revoked. e. Executive hereby affirms and acknowledges that, in exchange for her waiver of any age discrimination claim, she has received consideration or value other than the payment of wages or benefits to which she was legally entitled to receive.

Review and Revocation Rights. Executive represents and agrees that Photronics has provided him with at least twenty-one (21) days to consider and negotiate the terms of this Agreement before signing. In addition, Photronics has encouraged Executive, and hereby does encourage Executive in writing, to consult an attorney regarding this Agreement before signing it. Executive fully understands his right to consult an attorney regarding his rights and obligations hereunder, including his waiver of claims, and represents and acknowledges that he has in fact consulted, or been provided an ample opportunity to consult, with counsel of his choosing regarding his rights and obligations hereunder prior to signing. Executive may revoke this Agreement by notifying the Photronics General Counsel of his desire to do so in writing and received no later than the close of business on the seventh day after he has signed below. This Agreement shall not take effect before the eighth day after execution and delivery, and then only if executed by Photronics and Executive has not exercised his right of revocation. In the event Executive timely revokes his acceptance of this Agreement, it shall not become effective and he shall receive none of the benefits provided for hereunder.

Review and Revocation Rights. Executive is hereby advised to consult with counsel before executing this Agreement. Executive hereby acknowledges and understands that Executive has the right to consider this Agreement, including the general release contained in this Section 2, for a period of twenty-one (21) days prior to execution. Changes made to this Agreement, whether material or immaterial, will not restart the running of the aforementioned twenty-one day period. Executive further acknowledges and understands that for seven (7) days following Executive’s execution of this Agreement, Executive may revoke this Agreement by providing written notice to the Company at the address provided below in Section 4(h) within this seven-day revocation period. This Agreement shall not become effective or enforceable until the seven (7) day revocation period has expired without revocation (such date, the “Effective Date”). Executive represents and acknowledges that Executive has read this Agreement, understands its terms and has entered into this Agreement freely and voluntarily. This Agreement shall not be deemed void or voidable by claims of duress, deception, mistake of fact, or otherwise. Nor shall the principle of construction that all ambiguities are to be construed against the drafter be employed in the interpretation of this Agreement. Rather, it is agreed that this Agreement should not be construed for or against any party.

Review and Revocation Rights. Because this Agreement includes a waiver and release of your right to file a claim for age discrimination under the Federal Age Discrimination In Employment Act ("ADEA"), you understand and acknowledge that you have up to twenty-one (21) days to decide whether to sign this Agreement and that you should consult with an attorney. In addition, you understand that within seven (7) days after signing this Agreement, you may revoke in writing your waiver and release of any claim under the ADEA, but not any other Released Claims you have waived or released by either delivering a written notice of revocation to Ms. J. ▇▇▇▇▇ ▇▇▇▇▇▇, Vice President, Human Resources at ▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇, Kahalui Hawaii 96733, or by mailing the notice to such individual at ▇.▇. ▇▇▇ ▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇▇ ▇▇▇▇▇ on or before the end of the seven (7) day revocation period provided. If the written notice is given by mail it will be deemed timely if the mailing is properly addressed, is post marked no later than the seventh day of the revocation period and is sent by United States Mail, certified mail, return receipt requested, to Ms. J. ▇▇▇▇▇ ▇▇▇▇▇▇ at the address shown above. If the seventh day falls on a Saturday, Sunday or holiday, the next regular business day will be considered the seventh day. If you elect in a timely manner to revoke the release of any federal ADEA claim, your release will still remain in effect for all other Released Claims but the Additional Separation Benefits described in paragraph 2.b above shall be reduced by twenty-five percent (25%) of their value. You and MLP understand and agree that unless otherwise agreed in another writing signed by and MLP, the terms of this agreement and any payments or benefits provided for hereunder will not be effective or due until the later of the separation of your employment with MLP or the expiration of the seven (7) day revocation period described above. If you execute and deliver this Agreement but then timely revoke your release of any federal age discrimination claim, this Agreement and release of all other Released Claims will remain in full force and effect as modified above.

Review and Revocation Rights. Executive hereby is advised of the following: (a) Executive has the right to consult with an attorney before signing this Release and is encouraged by the Company to do so; (b) Executive has twenty-one (21) days from his receipt of this Release to consider it, although Executive may sign and return the Release at any earlier time, in which case Executive waives all rights to the balance of this twenty-one (21) day review period; and (c) Executive has seven (7) days after signing this Release to revoke this Release, and this Release will not be effective until that revocation period has expired without revocation. Executive agrees that in order to exercise his right to revoke this Release within such seven (7) day period, he must do so in a signed writing delivered to the Board of Directors of the Company (“Board”) before the close of business on the seventh calendar day after he signs this Release. (d) Nothing in this Release prevents or precludes Executive from challenging or seeking a determination in good faith of the validity of this waiver under the ADEA, nor does it impose any condition precedent, penalties or costs for doing so, unless specifically authorized by federal law.

Review and Revocation Rights. Pursuant to and in compliance with the Older Workers Benefit Protections Act, Employee: a. acknowledges that Employee has been advised that he/she should consult with an attorney or other third party at Employee’s sole expense in deciding whether to sign this Agreement, and also agrees that this Agreement is written in a manner that enables Employee fully to understand its content and meaning; b. agrees and acknowledges that Employee has been given at least fifty-two (52) days within which to consider this Agreement. To the extent the Employee executes this Agreement prior to the expiration of the 52-day period, Employee hereby waives his/her right to the balance of such period of consideration and acknowledges that his/her waiver of this period is knowing, voluntary and has not been induced by any fraud, misrepresentation, or a threat to withdraw or alter the terms of this Agreement by Releases or anyone else. Executed agreements should be returned to: Idera Human Resources, ▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇., ▇▇▇▇▇ ▇▇▇, ▇▇▇▇▇ ▇▇ ▇▇▇▇▇; and c. acknowledges that Employee may revoke this Agreement during the seven (7) days following its execution, and that this Agreement shall not become effective or enforceable until the revocation period has expired. To be effective, Employee’s revocation of this Agreement must be in writing and delivered to: Idera Human Resources, ▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇., ▇▇▇▇▇ ▇▇▇, ▇▇▇▇▇ ▇▇ ▇▇▇▇▇ on or before the effective date of revocation. This Agreement is binding upon Employee and upon Employee’s respective heirs, administrators, representatives, executors, assigns and shall inure to the benefit of Releasees and their respective heirs, administrators, representatives, executors, successors and assigns. By signing below, the parties signify that they have read the terms of this Agreement, fully understand its terms, are voluntarily agreeing to those terms, and intend to be legally bound.

Review and Revocation Rights. Executive represents and agrees that the Company has provided him with at least twenty-one (21) days to consider this Release Agreement, and negotiate its terms, before signing, and has encouraged Executive, and hereby does encourage Executive in writing, to consult an attorney regarding this Release Agreement before signing it. Executive fully understands his right to consult an attorney regarding his rights and obligations hereunder, including his waiver of all claims. Executive may revoke this Release Agreement by notifying ▇▇▇▇▇ ▇▇▇▇▇▇▇, Director of Human Resources, SurgiQuest, Inc., ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ or by e-mail (▇▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇.▇▇▇) of his desire to do so in writing and received by ▇▇. ▇▇▇▇▇▇▇ no later than the close of business on the seventh day after Executive has signed below. This Release Agreement shall not take effect until the eighth day after Executive’s execution and delivery of same, and then only if he has not exercised his right of revocation. In the event Executive timely revokes his acceptance of this Release Agreement, it shall not become effective and he shall receive none of the severance benefits provided for hereunder.