Common use of Revocation Right Clause in Contracts

Revocation Right. Notwithstanding the initial effectiveness of this Confirming Release, Employee may revoke the delivery (and therefore the effectiveness) of this Confirming Release within the seven-day period beginning on the date Employee executes this Confirming Release (such seven day period being referred to herein as the “Confirming Release Revocation Period”). To be effective, such revocation must be in writing signed by Employee and must be received by the Company, care of Grae ▇▇▇▇▇▇▇ at ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇ ▇▇▇, ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ (e-mail: ▇▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇.▇▇▇) so that it is received by ▇▇. ▇▇▇▇▇▇▇ no later than 11:59 p.m. Houston, Texas time, on the last day of the Confirming Release Revocation Period. In the event Employee exercises his revocation right as set forth herein, this Confirming Release will be of no force or effect, and Employee will not be entitled to receive the consideration set forth in Sections 2 or 3 of the Resignation Agreement.

Appears in 3 contracts

Sources: Transition and Resignation Agreement (Spark Energy, Inc.), Transition and Resignation Agreement (Spark Energy, Inc.), Transition and Resignation Agreement (Spark Energy, Inc.)

Revocation Right. Notwithstanding the initial effectiveness of this Confirming ReleaseAgreement, Employee may revoke the delivery (and therefore the effectiveness) of this Confirming Release Agreement within the seven-day period beginning on the date Employee executes this Confirming Release Agreement (such seven day period being referred to herein as the “Confirming Release Revocation Period”). To be effective, such revocation must be in writing signed by Employee and must be received by the Company, care of Grae ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇, ▇▇at ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇., ▇▇▇. ▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇, ▇▇▇▇▇ (e-mail: ▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇.▇▇▇) ), so that it is received by ▇▇. ▇▇▇▇▇no later than before 11:59 p.m. Houston, Texas time, on the last day of the Confirming Release Revocation Period. In If an effective revocation is delivered in the event foregoing manner and timeframe, then no consideration shall be provided to Employee exercises his revocation right as pursuant to Section 2 and 3(b) and the release of claims set forth herein, this Confirming Release will in Section 5 shall be of no force or effect and the remainder of this Agreement shall be in full force and effect, and Employee will not be entitled to receive the consideration set forth in Sections 2 or 3 of the Resignation Agreement.

Appears in 2 contracts

Sources: Separation Agreement (Contango Oil & Gas Co), Separation Agreement (Contango Oil & Gas Co)

Revocation Right. Notwithstanding the initial effectiveness of this Confirming ReleaseAgreement, Employee may revoke the delivery (and therefore the effectiveness) of this Confirming Release Agreement within the seven-day period beginning on the date Employee executes this Confirming Release Agreement (such seven day period being referred to herein as the “Confirming Release Revocation Period”). To be effective, such revocation must be in writing signed by Employee and must be received by the Company, care of Grae ▇▇▇▇▇▇▇ at . ▇▇▇▇, Vice President - Human Resources, ▇▇▇▇ ▇▇▇▇▇ ▇-▇▇, ▇.▇. ▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇ ▇▇▇, ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ (e-mail: ▇▇▇▇▇@▇▇▇@▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇) so that it is received by ▇▇. ▇▇▇▇▇▇no later than before 11:59 p.m. HoustonGainesville, Texas time, on the last day of the Confirming Release Revocation Period. In If an effective revocation is delivered in the event foregoing manner and timeframe, then no consideration shall be provided to Employee exercises his revocation right as pursuant to Section 2 and the release of claims set forth herein, this Confirming Release will in Section 4 shall be of no force or effect and the remainder of this Agreement shall be in full force and effect, and Employee will not be entitled to receive the consideration set forth in Sections 2 or 3 of the Resignation Agreement.

Appears in 1 contract

Sources: Separation and General Release Agreement (Select Energy Services, Inc.)

Revocation Right. Notwithstanding the initial effectiveness of this Confirming Release, Employee may revoke the delivery (and therefore the effectiveness) of this Confirming Release within the seven-day period beginning on the date Employee executes this Confirming Release (such seven day period being referred to herein as the “Confirming Release Revocation Period”). To be effective, such revocation must be in writing signed by Employee and must be received by the Company, care of Grae A▇▇▇ ▇▇▇, Senior Vice President, General Counsel & Corporate Secretary at 5▇▇ ▇▇▇▇ at ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇., ▇▇▇▇▇ ▇▇▇, ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ (or via e-mail: mail at A▇▇▇@▇▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇.▇▇▇) so that it is received by ▇▇. ▇▇▇▇▇▇▇ Mr. Law no later than 11:59 p.m. Houston, Texas time, on the last day of the Confirming Release Revocation Period. In the event Employee exercises his revocation right as set forth herein, this Confirming Release will be of no force or effect, and Employee will not be entitled to receive the consideration set forth in Sections Section 2 or 3 of the Resignation Separation Agreement.

Appears in 1 contract

Sources: Separation Agreement (Select Energy Services, Inc.)

Revocation Right. Notwithstanding the initial effectiveness of this Confirming ReleaseAgreement, Employee may revoke the delivery (and therefore the effectiveness) of this Confirming Release Agreement within the seven-day period beginning on the date Employee executes this Confirming Release Agreement (such seven day period being referred to herein as the “Confirming Release Revocation Period”). To be effective, such revocation must be in writing signed by Employee and must be received by the Company, care of Grae ▇▇▇▇▇ ▇▇▇▇▇▇ at ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇., ▇▇▇▇▇ ▇▇▇, ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ (e-mail: ▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇.▇▇▇) so such that it is received by ▇▇. ▇▇▇▇▇▇ no later than 11:59 p.m. Houston, Texas time, on the last day of the Confirming Release Revocation Period. In the event Employee exercises his Employee’s revocation right as set forth herein, this Confirming Release the release set forth in Section 3 will be of no force or effect, and Employee will not be entitled to receive the consideration set forth in Sections Section 2 or 3 and all other provisions of the Resignation Agreementthis Agreement shall remain in full force and effect.

Appears in 1 contract

Sources: Separation and Release Agreement (Hi-Crush Inc.)

Revocation Right. Notwithstanding the initial effectiveness of this Confirming Release, Employee may revoke the delivery (and therefore the effectiveness) of this Confirming Release within the seven-day period beginning on the date Employee executes this Confirming Release (such seven day period being referred to herein as the “Confirming Release Revocation Period”). To be effective, such revocation must be in writing signed by Employee and must be received by the Company, care of Grae ▇▇▇▇▇▇ ▇▇▇▇▇▇ at ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇ ▇▇▇, ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ (e-mail: ▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇.▇▇▇) so that it is received by ▇▇. ▇▇▇▇▇▇ no later than 11:59 p.m. Houston, Texas time, on the last day of the Confirming Release Revocation Period. In the event Employee exercises his revocation right as set forth herein, this Confirming Release will be of no force or effect, and Employee will not be entitled to receive the consideration set forth in Sections 2 or 3 of the Resignation Agreement.

Appears in 1 contract

Sources: Transition and Resignation Agreement (Via Renewables, Inc.)

Revocation Right. Notwithstanding the initial effectiveness of this Confirming ReleaseAgreement, Employee may revoke the delivery (and therefore the effectiveness) of this Confirming Release Agreement within the seven-day period beginning on the date Employee executes this Confirming Release Agreement (such seven day period being referred to herein as the “Confirming Release Revocation Period”). To be effective, such revocation must be in writing signed by Employee and must be received by the Company, care of Grae ▇▇▇▇▇▇▇ at ▇▇▇▇ . ▇▇▇▇▇▇▇▇▇▇▇ , ProPetro Holding Corp., P.O. Box 872, Midland, Texas 79702 and delivered via e-mail to ▇▇▇▇, ▇▇▇▇▇ ▇▇▇, ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ (e-mail: .▇▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇.▇▇▇) so that it is received by ▇▇. ▇▇▇▇▇.▇ no later than ▇▇, before 11:59 p.m. Houstonp.m., Texas central time, on the last day of the Confirming Release Revocation Period. In If an effective revocation is delivered in the event Employee exercises his revocation right as foregoing manner and timeframe, the release of claims set forth herein, this Confirming Release in Section 3 above will be of no force or effect, and Employee will not be entitled to receive the consideration set forth in Sections Section 2 or 3 above, and the remainder of the Resignation Agreementthis Agreement will be in full force and effect.

Appears in 1 contract

Sources: Separation and Release Agreement (ProPetro Holding Corp.)

Revocation Right. Notwithstanding the initial effectiveness of this Confirming Release, Employee may revoke the delivery (and therefore the effectiveness) of this Confirming Release within the seven-day period beginning on the date Employee executes this Confirming Release (such seven day period being referred to herein as the “Confirming Release Revocation Period”). To be effective, such revocation must be in writing signed by Employee and must be received by the Company, care of Grae ▇▇▇▇▇▇ ▇▇▇▇▇▇ at ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇ ▇▇▇, ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ (e-mail: ▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇.▇▇▇) so that it is received by ▇▇. ▇▇▇▇▇▇ no later than 11:59 p.m. Houston, Texas time, on the last day of the Confirming Release Revocation Period. In the event Employee exercises his revocation right as set forth herein, this Confirming Release will be of no force or effect, and Employee will not be entitled to receive the consideration set forth in Sections 2 or 3 of the Resignation Agreement.

Appears in 1 contract

Sources: Transition and Resignation Agreement (Spark Energy, Inc.)