Example ContractsClausesearly opt in effective dateVariants
Early Opt in Effective Date
Early Opt in Effective Date contract clause examples

Effective Date. Executive has seven business days after Executive signs this Agreement to revoke it and this Agreement will become effective on the day immediately following the seventh business day after Executive signed this Agreement (the “Effective Date”). For the avoidance of doubt, if Executive revokes this Agreement as provided herein, the Parties’ modification to the Restrictive Covenant Agreement set forth in Section 4(a) above shall be void and of no effect and, unless the Company has elected or elects in writing to expressly waive Executive’s noncompetition obligations set forth in [Section 6.1(a)] of the Restrictive Covenant Agreement as provided in [Section 6.6] of the Restrictive Covenant Agreement, the Restrictive Covenant Agreement, including without limitation [Section 6.1] of the Restrictive Covenant Agreement, shall remain in full force and effect.

signed this Agreement (the “Effective Date”), so long as it has been signed by the Parties and has not been revoked by either Party before that date. If Executive has not attained the age of 40 as of the date of Executive’s termination of employment, then the “Effective Date” shall be the date on which Executive signs this Agreement. For the avoidance of doubt, if Executive revokes this Agreement as provided herein, the Parties’ modification to the Restrictive Covenant Agreement set forth in Section 4(a) above shall be void and of no effect and, unless the Company has elected or elects in writing to expressly waive Executive’s noncompetition obligations set forth in [Section 6.1(a)] of the Restrictive Covenant Agreement as provided in [Section 6.6] of the Restrictive Covenant Agreement, the Restrictive Covenant Agreement, including without limitation [Section 6.1] of the Restrictive Covenant Agreement, shall remain in full force and effect.

Effective Date. Executive has seven business days after Executive signs this Agreement to revoke it and this Agreement will become effective upon the expiration of such seven business day period, so long as it has been signed by the Parties and has not been revoked by Executive before that date.

Effective Date. Executive has seven business days after Executive signs this Agreement to revoke it by delivering written notice to the Chief Executive Officer of the Company, and this Agreement will automatically become effective upon expiration of such seven business day period (the “Effective Date”), so long as it has been signed by the Parties and has not been revoked by Executive before that date.

Effective Date. Executive has seven business days after Executive signs this Agreement to revoke it and this Agreement will become effective upon the expiration of such seven business day period, so long as it has been signed by the Parties and has not been revoked by Executive before that date.

Draft better contracts
faster with AllDrafts

AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.

And AllDrafts generates clean Word and PDF files from any draft.