DAVID CAVAZOS-2017 - Laserfiche WebLink

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12. The Age Discrimination in Employment Act of 1967 ("ADEA" 29 U.S.C. §§ 621- 634) makes it illegal for an employer to discharge any individual or otherwise discriminate with respect to the nature and privileges of an individual's employment on the basis that the individual is age forty or older. The Older Workers Benefit Protection Act ("OWBPA"; 29 U.S.0 §§ 626 et seq.) augments the ADEA and prohibits the waiver of any right or claim under the ADEA unless the waiver is knowing and voluntary. By entering into this Agreement, EMPLOYEE acknowledges that, in exchange for consideration stated herein, he knowingly and voluntarily waives and releases any rights that he may have under the ADEA and/or OWBPA. EMPLOYEE further acknowledges that he has been advised and understands, pursuant to the provisions of the ADEA and OWBPA that: (a) This waiver/release is written in a manner EMPLOYEE understands; (b) EMPLOYEE is aware of and has been advised by a representative or attorney of his own choosing of his right under the ADEA and OWBPA, and of the legal significance of his waiver of any possible claims he currently may have under the ADEA, OWBPA, or similar age discrimination laws; (c) EMPLOYEE is entitled to a reasonable time of at least twenty-one (21) days within which to review and consider this Agreement, and the waiver and release of any rights he may have under the ADEA, the OWBPA, or similar age discrimination laws, but he may, in the exercise of his own discretion, sign or reject this Agreement at any time before the expiration of the twenty-one (21) day period. To the extent EMPLOYEE takes less than 21 days to consider this Agreement prior to execution, EMPLOYEE acknowledges that he has had sufficient time to consider this Agreement with his legal counsel and that he expressly, voluntarily and knowingly waives any additional time. 6