LAW.
11.
THIS AGREEMENT SHALL BE GOVERNED BY AND INTERPRETED UNDER AND IN
ACCORDANCE WITH THE LAWS OF PENNSYLVANIA.
ANY SUIT, CLAIM OR CAUSE OF ACTION
ARISING UNDER OR RELATED TO THIS AGREEMENT SHALL BE SUBMITTED BY THE PARTIES
HERETO TO THE EXCLUSIVE JURISDICTION OF THE COURTS OF PENNSYLVANIA OR TO THE
FEDERAL COURTS LOCATED THEREIN IF THEY OTHERWISE HAVE JURISDICTION.
THE BREACH
OF ANY PROMISE IN THIS AGREEMENT BY ANY PARTY SHALL NOT INVALIDATE THIS
AGREEMENT OR THE RELEASE AND SHALL NOT BE A DEFENSE TO THE ENFORCEMENT OF THE
AGREEMENT AGAINST ANY PARTY.
12.
THIS AGREEMENT CONSTITUTES A COMPLETE AND FINAL AGREEMENT BETWEEN
THE PARTIES AND SUPERSEDES AND REPLACES ALL PRIOR OR CONTEMPORANEOUS AGREEMENTS,
OFFER LETTERS, NEGOTIATIONS, OR DISCUSSIONS RELATING TO THE SUBJECT MATTER OF
THIS AGREEMENT.
WITH THE EXCEPTION OF THE EMPLOYMENT AGREEMENT, NO OTHER
AGREEMENT SHALL BE BINDING UPON EACH OR ANY OF THE RELEASEES, INCLUDING, BUT NOT
LIMITED TO, ANY AGREEMENT MADE HEREAFTER, UNLESS IN WRITING AND SIGNED BY AN
OFFICER OF THE EMPLOYER, AND ONLY SUCH AGREEMENT SHALL BE BINDING AGAINST THE
EMPLOYER.
13.
EMPLOYEE IS ADVISED, AND ACKNOWLEDGES THAT HE HAS BEEN ADVISED, TO
CONSULT WITH AN ATTORNEY BEFORE SIGNING THIS AGREEMENT.
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14.
EMPLOYEE ACKNOWLEDGES THAT HE IS SIGNING THIS AGREEMENT
VOLUNTARILY, WITH FULL KNOWLEDGE OF THE NATURE AND CONSEQUENCES OF ITS TERMS.
15.
ALL EXECUTED COPIES OF THIS AGREEMENT AND PHOTOCOPIES THEREOF
SHALL HAVE THE SAME FORCE AND EFFECT AND SHALL BE AS LEGALLY BINDING AND
ENFORCEABLE AS THE ORIGINAL.
16.
EMPLOYEE ACKNOWLEDGES THAT HE HAS BEEN GIVEN UP TO TWENTY-ONE (21)
DAYS WITHIN WHICH TO CONSIDER THIS AGREEMENT BEFORE SIGNING IT.
SUBJECT TO
PARAGRAPH 17 BELOW, THIS AGREEMENT WILL BECOME EFFECTIVE ON THE DATE OF
EMPLOYEE'S SIGNATURE HEREOF.
17.
FOR A PERIOD OF SEVEN (7) CALENDAR DAYS FOLLOWING HIS SIGNATURE OF
THIS AGREEMENT, EMPLOYEE MAY REVOKE THE AGREEMENT, AND THE AGREEMENT SHALL NOT
BECOME EFFECTIVE OR ENFORCEABLE UNTIL THE SEVEN (7) DAY REVOCATION PERIOD HAS
EXPIRED.
EMPLOYEE MAY REVOKE THIS AGREEMENT AT ANY TIME WITHIN THAT SEVEN
(7) DAY PERIOD, BY SENDING A WRITTEN NOTICE OF REVOCATION TO THE
.
SUCH WRITTEN NOTICE
MUST BE ACTUALLY RECEIVED BY THE EMPLOYER WITHIN THAT SEVEN (7) DAY PERIOD IN
ORDER TO BE VALID.
IF A VALID REVOCATION IS RECEIVED WITHIN THAT SEVEN (7) DAY
PERIOD, THIS AGREEMENT SHALL BE NULL AND VOID FOR ALL PURPOSES.
PAYMENT OF THE
SEVERANCE PAY AMOUNT SET FORTH IN THE EMPLOYMENT AGREEMENT WILL BE PAID IN THE
MANNER AND AT THE TIME(S) DESCRIBED IN THE EMPLOYMENT AGREEMENT.
IN WITNESS WHEREOF, the Parties have read, understand and do voluntarily execute
this Separation Agreement and General Release which consists of four pages.
EMPLOYER
EMPLOYEE
By:
Date:
Date:
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