Example ContractsClausesconsideration periodVariants
Consideration Period
Consideration Period contract clause examples

Consideration Period. Employee will have twenty-one (21) calendar days from the date Employee receives this Agreement to consider its terms and decide whether to sign it. This period is designed to allow Employee time to consult with an attorney, or anyone else whose advice Employee may need or want. If this Agreement is not signed by Employee prior to the conclusion of the twenty-one (21) calendar day period described above, then the Company’s offer to Employee, as contained in this Agreement, shall expire. In addition, Employee acknowledges that should he sign and return this Agreement within the 21-day period identified in this Section 18, he is knowingly waiving whatever additional time he may have up to the conclusion of the 21-day period for consideration of this Agreement.

Employee understands that Employee can take up to 21 days from Employee’s receipt of this Agreement on December 28, 2017 (the “Consideration Period”) to consider its meaning and effect and to determine whether or not Employee wishes to enter into it. Before signing this Agreement, Employee is advised to consult with an attorney. If Employee chooses to sign this Agreement before the end of the Consideration Period, Employee is doing so voluntarily.

Employee understands that she/he has had at least twenty-one (21) days from the day she/he received this Agreement, not counting the day upon which she/he received it, to consider whether she/he wishes to sign this Agreement. Employee further acknowledges that if she/he signs this Agreement before the end of the twenty-one (21) day period, it will be her/his personal, voluntary decision to do so and she/he has not been pressured to make a decision sooner. Changes to this Agreement agreed to by the parties during the 21-day consideration period will not restart the 21-day period.

Consideration Period. The Employee acknowledges and understands that the Employee has a period of up to forty-five (45) days from receipt of this Agreement to consider its terms, although the Employee need not take that long, and that the Employee hereby waives any and all additional rights to any further review period. If the Employee has not executed this Agreement and returned it to the Employer within forty-five (45) days, this Agreement will be cancelled and will have no effect.

Employee understands that Employee has been given a period of twenty-one (21) days to review and consider this Agreement before signing it. Employee further understands that Employee may use as much or as little of this 21-day period as Employee wishes prior to signing.

The Employee has been given twenty-one (21) calendar days after being presented with this Agreement to decide whether or not to sign this Agreement. If the Employee signs this Agreement before the expiration of such period, the Employee does so voluntarily and after having had the opportunity to consult with an attorney; and

days to consider whether to accept this Agreement, and has signed it only after reading, considering and understanding it. If Employee signs this Agreement before the expiration of the twenty-one (21) day period of time, Employee is expressly waiving his right to consider the Agreement for any remaining portion of that reasonable period. The Parties agree that any changes made to this Agreement from the version originally presented to Employee, whether those changes are deemed material or non-material, do not extend the reasonable period of time Employee has been given to consider this Agreement. Upon signing the Agreement, thereby indicating his acceptance thereof, Employee has seven (7) days to revoke his acceptance of the Agreement. This Agreement will not be effective, and Employee and the Company shall have no obligations hereunder, until the seven-day period referenced in the prior sentence has expired without Employee revoking his acceptance of the Agreement (“Effective Date”).

Advice of Counsel, Consideration and Revocation Periods, Other Information. Employer advises Employee to consult with an attorney prior to signing this Agreement. Employee has 21 days to consider whether to sign this Agreement from the date Employee receives this Agreement (the "Consideration Period"). Employee must return this signed Agreement to Employer's representative set forth below within the Consideration Period. If Employee signs and returns this Agreement before the end of the Consideration Period, it is because Employee freely chose to do so after carefully considering its terms. Additionally, Employee shall have seven days from the date Employee signs this Agreement to revoke this Agreement by delivering a written notice of revocation within the seven-day revocation period to the same person as Employee returned this Agreement. If the revocation period expires on a weekend or holiday, Employee will have until the end of the next business day to revoke. Employee agrees with Employer that changes, whether material or immaterial, do not restart the running of the Consideration Period.

Advice of Counsel, Consideration and Revocation Periods, Other Information. Employer advises Employee to consult with an attorney prior to signing this Agreement. Employee has 21 days to consider whether to sign this Agreement from the date Employee receives this Agreement (the “Consideration Period”). Employee must return this signed Agreement to Employer’s representative set forth below within the Consideration Period. If Employee signs and returns this Agreement before the end of the Consideration Period, it is because Employee freely chose to do so after carefully considering its terms. Additionally, Employee shall have seven days from the date Employee signs this Agreement to revoke this Agreement by delivering a written notice of revocation within the seven-day revocation period to the same person as Employee returned this Agreement. If the revocation period expires on a weekend or holiday, Employee will have until the end of the next business day to revoke. Employee agrees with Employer that changes, whether material or immaterial, do not restart the running of the Consideration Period.

Employee shall have up to twenty-one (21) calendar days from the date of Employee's receipt of this Agreement to consider this Agreement's terms and conditions (including all exhibits). If the last day of the twenty-one (21)-day period falls on a Saturday, Sunday, or holiday, the last day of the period will be deemed to be the next business day thereafter. If Employee knowingly and voluntarily chooses to do so, Employee may accept the terms of this Agreement before the twenty-one (21)-day consideration period expires;

Review and Consultation. Employee acknowledges that: # this Agreement is written in terms and sets forth conditions in a manner which he understands; # he has carefully read and understands all of the terms and conditions of this Agreement; # he agrees with the terms and conditions of this Agreement; and # he enters into this Agreement knowingly and voluntarily. Employee acknowledges that he does not waive rights or claims that may arise after the date this Agreement is executed, that he has been given twenty-one (21) days from receipt of this Agreement in which to consider whether he wanted to sign it, that any modifications, material or otherwise made to this Agreement do not restart or affect in any manner the original twenty-one (21) day consideration period, and that the Company advises Employee to consult with an attorney before he signs this Agreement. The Company agrees, and Employee represents that he understands, that he may revoke his acceptance of this Agreement at any time for seven (7) days following his execution of the Agreement and must provide notice of such revocation by giving written notice to the Company. If not revoked by written notice received on or before the eighth (8th) day following the date of his execution of the Agreement, this Agreement shall be deemed to have become enforceable and on such eighth (8th) day.

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