Document ID: 16228

Text:
(b) Specific Release of ADEA Claims. In further consideration of the payments and benefits provided to the Employee under the Employment Agreement, the Releasors hereby unconditionally release and forever discharge the Releasees from any and all Claims that the Releasors may have as of the date the Employee signs this Release arising under the federal Age Discrimination in Employment Act of 1967 , as amended, and the applicable rules and regulations promulgated thereunder ("ADEA"). By signing this Release, the Employee hereby acknowledges and confirms the following: (i) the Employee was advised by the Company in connection with his termination to consult with an attorney of his choice prior to signing this Release and to have such attorney explain to the Employee the terms of this Release, including, without limitation, the terms relating to the Employee's release of claims arising under; (ii) the Employee was given a period of not fewer than [21]/[45] days to consider the terms of this Release and to consult with an attorney of his choosing with respect thereto; (iii) the Employee knowingly and voluntarily accepts the terms of this Release; [and (iv) in accordance with the requirements of ADEA regarding an "employment termination program", the Employee was provided with the information appended hereto as Schedule 1]. The Employee also understands that he has seven (7) days following the date on which he signs this Release within which to revoke the release contained in this paragraph, by providing the Company a written notice of his revocation of the release and waiver contained in this paragraph.

Named Entities:
6
6
Act
23
24
Title
59
65
Act

Tokenized Text:
(
b
)
Specific
Release
of
ADEA
Claims
.
In
further
consideration
of
the
payments
and
benefits
provided
to
the
Employee
under
the
Employment
Agreement
,
the
Releasors
hereby
unconditionally
release
and
forever
discharge
the
Releasees
from
any
and
all
Claims
that
the
Releasors
may
have
as
of
the
date
the
Employee
signs
this
Release
arising
under
the
federal
Age
Discrimination
in
Employment
Act
of
1967
,
as
amended
,
and
the
applicable
rules
and
regulations
promulgated
thereunder
(
"
ADEA
"
)
.
By
signing
this
Release
,
the
Employee
hereby
acknowledges
and
confirms
the
following
:
(
i
)
the
Employee
was
advised
by
the
Company
in
connection
with
his
termination
to
consult
with
an
attorney
of
his
choice
prior
to
signing
this
Release
and
to
have
such
attorney
explain
to
the
Employee
the
terms
of
this
Release
,
including
,
without
limitation
,
the
terms
relating
to
the
Employee
'
s
release
of
claims
arising
under
;
(
ii
)
the
Employee
was
given
a
period
of
not
fewer
than
[
21
]
/
[
45
]
days
to
consider
the
terms
of
this
Release
and
to
consult
with
an
attorney
of
his
choosing
with
respect
thereto
;
(
iii
)
the
Employee
knowingly
and
voluntarily
accepts
the
terms
of
this
Release
;
[
and
(
iv
)
in
accordance
with
the
requirements
of
ADEA
regarding
an
"
employment
termination
program
"
,
the
Employee
was
provided
with
the
information
appended
hereto
as
Schedule
1
]
.
The
Employee
also
understands
that
he
has
seven
(
7
)
days
following
the
date
on
which
he
signs
this
Release
within
which
to
revoke
the
release
contained
in
this
paragraph
,
by
providing
the
Company
a
written
notice
of
his
revocation
of
the
release
and
waiver
contained
in
this
paragraph
.