Consideration Period Contract Clauses (67)

Consideration Period. By your signature to this Agreement, you acknowledge and agree that you have been given a period of at least twenty-one (21) calendar days following the date this Agreement was provided to you (the "Consideration Period") to consider this Agreement prior to signing it and that you have not signed it prior to the Termination Date. If you have signed it prior to the expiration of the twenty-one (21) day period, you are acknowledging that you have done so knowingly and voluntarily and have waived t...he remainder of the Consideration Period. By your signature you also acknowledge and agree that the Company has advised you to consult with an attorney of your choice at your expense prior to signing this Agreement and you have done so, or chosen not to do so, of your own accord. You further agree that any modifications made to this Agreement, material or otherwise, do not restart or affect in any manner the Consideration Period of at least twenty-one (21) calendar days.16.Post-Termination Confidentiality. By signing this Agreement, you acknowledge and agree that the post-termination obligations and provisions of the Confidentiality Agreement will continue in full force and effect according to the applicable terms of the Confidentiality Agreement following your termination. By signing this Agreement, you represent that you have complied with all obligations, terms and provisions of the Confidentiality Agreement and will continue to comply with the obligations that survive termination of your employment. View More

Consideration Period. You acknowledge that you have twenty-one (21) days from the date you received this Separation Agreement in which to consider it, although you may sign this Separation Agreement earlier than 21 days if you so choose. You further understand that you have the right to revoke this Separation Agreement by delivering written notice to Cerner during the seven-day period after you sign it. This Separation Agreement shall become effective after the seven-day revocation period has expired assuming you do ...not revoke it, but in no event earlier than January 18, 2020 (the "Effective Date").10.NO FURTHER PAYMENTS. You agree that your employment will terminate effective January 10, 2020, and that, after that date, Cerner will owe no additional compensation to you other than: (i) your final paycheck covering the period through January 10, 2020, (ii) any performance-based cash incentive compensation earned but not yet paid as of January 10, 2020 (including, the Q4 2019 CPP bonus as described in Paragraph 10.B., below), and (iii) the separation benefits described in Paragraph 1. A.You agree that amounts paid pursuant to this Separation Agreement shall be in full and final satisfaction of any amounts or other benefits that could be owed to you under any other agreement you may have entered into with Cerner or, except as required by law or specifically provided herein, any other Cerner benefit plan or arrangement, including but not limited to your Employment Agreement (including Paragraph 8 of that Employment Agreement), the Enhanced Severance Pay Plan or the Business Optimization Severance Pay Plan. B.You will remain eligible to participate in the Cerner Corporation 2018 Performance Compensation Plan ("CPP") through the last day of the fourth fiscal quarter of 2019. Calculations and payments under the CPP for Q4 2019 shall be governed by the CPP and equal to the actual CPP metrics achieved or not achieved in that quarter. That amount will be paid to you in accordance with Cerner's regular 2019 CPP payment schedule. You acknowledge that you are not eligible for and will not receive any further payments under the CPP after Q4 2019. View More

Consideration Period. IN SIGNING THIS AGREEMENT, YOU ACKNOWLEDGE THAT: (A) YOU HAVE READ AND UNDERSTAND THIS AGREEMENT AND YOU ARE HEREBY ADVISED IN WRITING TO CONSULT WITH AN ATTORNEY PRIOR TO SIGNING THIS AGREEMENT, (B) YOU HAVE SIGNED THIS AGREEMENT VOLUNTARILY AND UNDERSTANDS THAT IT CONTAINS A FULL AND FINAL RELEASE OF ALL CLAIMS, AS SET FORTH IN SECTION 6 AGAINST THE RELEASEES AS OF THE EFFECTIVE DATE OF THIS AGREEMENT, INCLUDING ALL RIGHTS AND CLAIMS YOU HAVE OR MAY HAVE UNDER ADEA; (C) YOU ARE NOT WAIVING ANY... RIGHTS OR CLAIMS UNDER ADEA THAT ARISE AFTER THE EFFECTIVE DATE OF THIS AGREEMENT; (D) YOU HAVE BEEN OFFERED AT LEAST TWENTY-ONE (21) CALENDAR DAYS TO CONSIDER THE MATTERS MEMORIALIZED IN THIS AGREEMENT, AND (E) YOU WILL, BY EXECUTING THIS RELEASE AGREEMENT, RECEIVE CONSIDERATION 9. No Admission. Nothing contained in this Agreement will constitute or be treated as an admission by you or the Company of liability, any wrongdoing or any violation of law. View More

Consideration Period. By signing this Agreement and the General Release in the space indicated, the Employee is confirming her acceptance of the terms and conditions set forth herein and is acknowledging the following: (a) The obligations as set out in the General Release represent a complete waiver and release of all rights and claims that the Employee has against the Released Parties (as defined in the General Release). Accordingly, the Employee understands her obligation to review this Agreement and the General Re...lease carefully before signing. The Employee further acknowledges and agrees that the consideration provided for herein is adequate consideration for the Employee's obligations under the General Release. (b) The Employee understands that she may not sign this Agreement until the Separation Date, and that she can take up to fifty three (53) days from the Separation Date (the "Consideration Period") to consider its meaning and effect and to determine whether she wishes to enter into it by signing this Agreement in the space provided below. Before signing this Agreement and the General Release, the Employee is advised to consult with an attorney. If the Employee chooses to sign this Agreement and the General Release before the end of the Consideration Period, she is doing so voluntarily. (c) The Employee may revoke her signature of the General Release within seven (7) days after signing it (the "Revocation Period"). Any revocation of this Agreement is requested to be in writing. (d) The Employee will forward the original of this Agreement once signed by her, as well as any notice of her desire to revoke her signature, to: Nancy T. Avedissian Volt Information Sciences, Inc. 2401 North Glassell Street Orange, CA 92865 navedissian@volt.com The Employee shall also send a copy of this Agreement and the General Release, once signed, and any notice of her intention to revoke the General Release in pdf format via email to the above address. (e) The Employee understands that if she fails to sign this Agreement and the General Release as required, or she signs but exercises her right to revoke her signature on the General Release, her right to receive the Severance Package will not vest and will not become due and owing to her. The day following the day the Revocation Period expires without revocation will be the "Payment Vesting Date." Any portion of the Severance Payment that otherwise would have been paid immediately after the Separation Date but before the Payment Vesting Date will be paid in a lump sum on the first date on which the Company commences paying the Severance Payment. Where the period available to execute (and to not revoke) the General Release spans more than one calendar year, no portion of the Severance Package shall be paid until the second calendar year. View More