Older Workers’ Benefit Protection Act Clause Example with 14 Variations from Business Contracts

This page contains Older Workers’ Benefit Protection Act clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Older Workers’ Benefit Protection Act. This Agreement is intended to satisfy the requirements of the Older Workers' Benefit Protection Act, 29 U.S.C. sec. 626(f). Employee is advised to consult with an attorney before executing this Agreement. 10.1 Acknowledgments/Time to Consider. Employee acknowledges and agrees that (a) Employee has read and understands the terms of this Agreement; (b) Employee has been advised in writing to consult with an attorney before executing this Agreement; (c) Employee has obtained and considered such leg...al counsel as Employee deems necessary; (d) Employee has been given twenty-one (21) days to consider whether or not to enter into this Settlement Agreement (although Employee may elect not to use the full 21-day period at Employee's option); and (e) by signing this Agreement, Employee acknowledges that Employee does so freely, knowingly, and voluntarily. 10.2 Revocation/Effective Date. This Agreement shall not become effective or enforceable until the eighth day after Employee signs this Agreement. In other words, Employee may revoke Employee' acceptance of this Agreement within seven (7) days after the date Employee signs it. Employee's revocation must be in writing and received by Company by the seventh day in order to be effective. If Employee does not revoke acceptance within the seven (7) day period, Employee's acceptance of this Agreement shall become binding and enforceable on the eighth day ("Effective Date"). 10.3 Preserved Rights of Employee. This Agreement does not waive or release any rights or claims that Employee may have under the Age Discrimination in Employment Act that arise after the execution of this Agreement. In addition, this Agreement does not prohibit Employee from challenging the validity of this Agreement's waiver and release of claims under the Age Discrimination in Employment Act of 1967, as amended. View More

Variations of a "Older Workers’ Benefit Protection Act" Clause from Business Contracts

Older Workers’ Benefit Protection Act. This Agreement is intended to satisfy the requirements of the Older Workers' Benefit Protection Act, 29 U.S.C. sec. 626(f). Employee is advised The following general provisions, along with the other provisions of this Agreement, are agreed to consult with an attorney before executing for this Agreement. 10.1 Acknowledgments/Time to Consider. purpose: 7.1 Employee acknowledges and agrees that (a) Employee he has read and understands the terms of this Agreement; (b) Agreement. 7.2 Employee has bee...n is advised in writing to that Employee should consult with an attorney before executing this Agreement; (c) Agreement, and Employee acknowledges that Employee has obtained and considered such any legal counsel as advice Employee deems necessary; (d) necessary, such that Employee is entering into this Agreement freely, knowingly, and voluntarily. 7.3 Employee acknowledges that Employee has been given twenty-one (21) at least 21 days in which to consider whether or not to enter into this Settlement Agreement (although Agreement. Employee understands that, at Employee's option, Employee may elect not to use the full 21-day period at Employee's option); and (e) by signing this Agreement, Employee acknowledges that Employee does so freely, knowingly, and voluntarily. 10.2 Revocation/Effective Date. consideration period. 7.4 This Agreement shall not become effective or enforceable until the eighth day after Employee signs this Agreement. In other words, Employee may revoke Employee' his acceptance of this Agreement within seven (7) days after the date Employee signs it. Employee's revocation must be in writing and received by Company the Director, Human Resources of Buzztime by 5:00 p.m. on the seventh day in order to be effective. If Employee does not revoke acceptance within the seven (7) day period, Employee's acceptance of this Agreement shall become becomes binding and enforceable on the eighth day ("Effective Date"). 10.3 Preserved Rights of Employee. Employee will notify the CEO and Chief Legal Counsel in writing on or shortly after the eighth day after he signs this Agreement as to whether Employee revoked the Agreement. 7.5 This Agreement does not waive or release any rights or claims that Employee may have under the Age Discrimination in Employment Act that arise are based on any facts or events occurring after the execution of this Agreement. In addition, this Agreement does not prohibit Employee from challenging the validity of this Agreement's waiver and release of claims under the Age Discrimination in Employment Act of 1967, as amended. View More
Older Workers’ Benefit Protection Act. This Agreement is intended to satisfy the requirements of the Older Workers' Benefit Protection Act, 29 U.S.C. sec. 626(f). Employee is advised The following general provisions, along with the other provisions of this Agreement, are agreed to consult with an attorney before executing for this Agreement. 10.1 Acknowledgments/Time to Consider. purpose: 6.1 Employee acknowledges and agrees that (a) Employee he has read and understands the terms of this Agreement; (b) Agreement. 6.2 Employee has bee...n is advised in writing to that Employee should consult with an attorney before executing this Agreement; (c) Agreement, and Employee acknowledges that Employee has obtained and considered such any legal counsel as advice Employee deems necessary; (d) necessary, such that Employee is entering into this Agreement freely, knowingly, and voluntarily. 6.3 Employee acknowledges that Employee has been given twenty-one (21) at least 21 days in which to consider whether or not to enter into this Settlement Agreement (although Agreement. Employee understands that, at Employee's option, Employee may elect not to use the full 21-day period at Employee's option); and (e) by signing this Agreement, Employee acknowledges that Employee does so freely, knowingly, and voluntarily. 10.2 Revocation/Effective Date. consideration period. 6.4 This Agreement shall not become effective or enforceable until the eighth day after Employee signs this Agreement. In other words, Employee may revoke Employee' his acceptance of this Agreement within seven (7) days after the date Employee signs it. Employee's revocation must be in writing and received by Company the Director, Human Resources of Buzztime by 5:00 p.m. on the seventh day in order to be effective. If Employee does not revoke acceptance within the seven (7) day period, Employee's acceptance of this Agreement shall become becomes binding and enforceable on the eighth day ("Effective Date"). 10.3 Preserved Rights of Employee. Employee will notify the CEO in writing on or shortly after the eighth day after he signs this Agreement as to whether Employee revoked the Agreement. 6.5 This Agreement does not waive or release any rights or claims that Employee may have under the Age Discrimination in Employment Act that arise are based on any facts or events occurring after the execution of this Agreement. In addition, this Agreement does not prohibit Employee from challenging the validity of this Agreement's waiver and release of claims under the Age Discrimination in Employment Act of 1967, as amended. View More
Older Workers’ Benefit Protection Act. This Agreement is intended to satisfy the requirements of the Older Workers' Benefit Protection Act, 29 U.S.C. sec. 626(f). Sec. 626(f) (the "OWBPA"). Employee is advised to consult with an attorney before executing this Agreement. 10.1 Acknowledgments/Time agreement. (a)Acknowledgments/Time to Consider. Employee acknowledges and agrees that (a) (i) Employee has read and understands the terms of this Agreement; (b) (ii) by way of this Agreement, Employee has been advised in writing that Employee... has a right to consult with an attorney of Employee's choosing before executing this Agreement; (c) (iii) Employee has obtained and considered such legal counsel as Employee deems necessary; (d) necessary or, by Employee's own choice, has elected not to consult legal counsel; (iv) Employee has been given twenty-one (21) days to consider whether or not to enter into this Settlement Agreement (although Employee may elect not to use the full 21-day period at Employee's option); option, and (e) to sign and return this Agreement earlier, but not before the Separation Date) at Employee's option; and (v) by signing this Agreement, Employee acknowledges that Employee does so freely, knowingly, and voluntarily. 10.2 Revocation/Effective voluntarily, without any coercion or undue influence from anyone. (b)Revocation/Effective Date. This Agreement shall not become effective or enforceable until the eighth day after If Employee timely signs this Agreement. In other words, Agreement, Employee may revoke Employee' Employee's acceptance of this Agreement within seven (7) days after the date Employee signs it. Employee's revocation must be in writing to Lindsay Llewellyn, and received by Company by Lyft on or before the seventh day after signing it in order to be effective. If Employee does not revoke acceptance within the seven (7) day period, Employee's acceptance of this Agreement shall become binding and enforceable on the eighth day after Employee signs the Agreement ("Effective Date"). 10.3 Preserved If Employee fails to timely sign this Agreement or revokes this Agreement as provided for above, the Agreement shall have no force or effect and Employee shall have no right to the arrangements, payments, or benefits referenced above. (c)Preserved Rights of Employee. This Agreement does not waive or release any ay rights or claims that Employee may have under the Age Discrimination in Employment Act ("ADEA") that arise after the execution of this Agreement. In addition, this Agreement does not prohibit Employee from challenging the validity of this Agreement's waiver and release of claims under the Age Discrimination in Employment Act of 1967, as amended. ADEA. View More
Older Workers’ Benefit Protection Act. This Agreement is intended to satisfy the requirements of the Older Workers' Benefit Protection Act, 29 U.S.C. sec. 626(f). Employee is advised to consult with an attorney before executing this Agreement. 10.1 13.1 Acknowledgments/Time to Consider. Employee acknowledges and agrees that (a) Employee has read and understands the terms of this Agreement; (b) Employee has been advised in writing to consult with an attorney before executing this Agreement; (c) Employee has obtained and considered suc...h legal counsel as Employee deems necessary; (d) Employee has been given twenty-one (21) days to consider whether or not to enter into this Settlement Agreement (although Employee may elect not to use the full 21-day period at Employee's option); and (e) by signing this Agreement, Employee acknowledges that Employee does so freely, knowingly, and voluntarily. 10.2 13.2 Revocation/Effective Date. This Agreement shall not become effective or enforceable until the eighth day after Employee signs this Agreement. In other words, Employee may revoke Employee' Employee's acceptance of this Agreement within seven (7) days after the date Employee signs it. Employee's revocation must be in writing and received by Company Maria Martinez, Chief Human Resources Officer by 5:00 p.m. Eastern Time on the seventh day in order to be effective. If Employee does not revoke acceptance within the seven (7) day period, Employee's acceptance of this Agreement shall become binding and enforceable on the eighth day ("Effective (the "Effective Date"). 10.3 13.3 Preserved Rights of Employee. This Agreement does not waive or release any rights or claims that Employee may have under the Age Discrimination in Employment Act that arise after the execution of this Agreement. In addition, this Agreement does not prohibit Employee from challenging the validity of this Agreement's waiver and release of claims under the Age Discrimination in Employment Act Act. 6 EAST\163455543.1 14. Confidentiality. Employee agrees to keep the terms of 1967, this Agreement confidential between Employee and Company, except that Employee may tell Employee's immediate family, attorney and accountant, if any, as amended. needed (and provided that Employee first obtains the agreement of any such person to maintain the confidentiality of the terms of this Agreement), but in no event should Employee discuss this Agreement or its terms with any current or prospective employee of Company. View More