Consideration and Revocation Periods Contract Clauses (81)

Consideration and Revocation Periods. Executive understands that he may take up to 21 days following Executive's receipt of this Agreement to consider this Agreement. Executive understands that he may use as much or as little of this period as Executive chooses before signing the Agreement. Executive is advised to consult with an attorney before signing this Agreement. If Executive accepts this Agreement, Executive must sign it and return it to Company's Chief Executive Officer on or before the expiration of the 21‐day period. By... signing this Agreement, Executive acknowledges that Executive was afforded a period of at least 21 days from the date the Company's proposal was presented to Executive in which to consider it. In addition, Executive understands that Executive has a period of seven days following the date of signing this Agreement within which to revoke this Agreement (the "Revocation Period"). To revoke this Agreement, Executive understands that Executive must provide written notification of revocation to the Chief Executive Officer within seven days from the date Executive signed it. If the foregoing accurately sets forth Executive's agreement with the Company, please signify by signing below and returning this Agreement in its entirety to the Chief Executive Officer on or before close of business on the 21st day after this Agreement was first presented to you. If the Company has not received a signed copy of this Agreement by that time, the offer reflected in this Agreement will automatically terminate and expire without further notice from the Company. For Executive as of the Date of Agreement: /s/ Tom RobertsSignature Tom Roberts Print Name For Blue Bird Corporation as of the Date of Agreement: /s/ Philip Horlock Signature Philip Horlock Print Name Chief Executive Officer Title EX-10.3 4 a10q2021q3ex103.htm EX-10.3 DocumentExhibit 10.3RETIREMENT AGREEMENT This RETIREMENT AGREEMENT ("Agreement"), dated as of June 21, 2021, sets forth the mutual agreement of Blue Bird Corporation, a Delaware corporation (the "Company"), and Tom Roberts ("Executive") regarding Executive's retirement from the Company. View More

Consideration and Revocation Periods. You acknowledge that you consulted with an attorney of your choice prior to signing this Agreement, and that you had at least 21 days to consider this Agreement before signing it. You acknowledge that if this Agreement is signed before the 21 days have elapsed from the date of delivery, by signing this Agreement you have expressly waived the 21-day consideration period. You acknowledge that you may revoke this Agreement within seven (7) days following its execution, and the Agreement shall not... become effective until the revocation period has expired. If you do not revoke this Agreement, the eighth day after the date you sign the Agreement it will be the "Effective Date." 3 9. Waiver. You expressly waive and release any and all rights and benefits under Section 1542 of the California Civil Code (or any analogous law of any other state), which reads as follows: A general release does not extend to claims which the creditor does not know or suspect to exist in his or her favor at the time of executing the release, which if known by him or her must have materially affected his or her settlement with the debtor. View More