Common use of Right to Rescind or Revoke Clause in Contracts

Right to Rescind or Revoke. Executive understands that she has the right to rescind or revoke this Agreement and the Release for any reason within fifteen (15) calendar days after she signs them. Executive understands that this Agreement will not become effective or enforceable unless and until she has not rescinded this Agreement or the Release and the Rescission Period has expired. Executive understands that if she wishes to rescind, the rescission must be in writing and hand-delivered or mailed to the Company. If hand-delivered, the rescission must be (a) addressed to C▇▇▇▇▇ ▇▇▇▇▇▇▇▇, Director Legal Services, 7▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ North, Brooklyn Park, Minnesota 55428, and (b) delivered to C▇▇▇▇▇ ▇▇▇▇▇▇▇▇ within the fifteen-day period. If mailed, the rescission must be (a) postmarked within the fifteen-day period and (b) addressed to C▇▇▇▇▇ ▇▇▇▇▇▇▇▇ at the address in the preceding sentence.

Right to Rescind or Revoke. Executive understands that she he has the right to rescind or revoke this Agreement and the Release for any reason within fifteen (15) calendar days after she he signs them. Executive understands that this Agreement will not become effective or enforceable unless and until she he has not rescinded this Agreement or the Release and the Rescission Period has expired. Executive understands that if she he wishes to rescind, the rescission must be in writing and hand-delivered or mailed to the Company. If hand-delivered, the rescission must be (a) addressed to C▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇, Director Legal Services, 7▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ North, Brooklyn Park, Minnesota 55428, and (b) delivered to C▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ within the fifteen-day period. If mailed, the rescission must be (a) postmarked within the fifteen-day period and (b) addressed to C▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ at the address in the preceding sentence.