Common use of Adjustment of Covenants Clause in Contracts

Adjustment of Covenants. The parties consider the covenants and restrictions contained in this Section 7 to be reasonable. However, if and when any such covenant or restriction is found to be void or unenforceable and would have been valid had some part of it been deleted or had its scope of application been modified, such covenant or restriction will be deemed to have been applied with such modification as would be necessary and consistent with the intent of the parties to have made it valid, enforceable and effective.

Appears in 32 contracts

Samples: Executive Employment Agreement (Berry Corp (Bry)), Executive Employment Agreement (Berry Petroleum Corp), Executive Employment Agreement (Berry Petroleum Corp)

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Adjustment of Covenants. The parties Parties consider the covenants and restrictions contained in this Section 7 to be reasonable. However, if and when any such covenant or restriction is found to be void or unenforceable and would have been valid had some part of it been deleted or had its scope of application been modified, such covenant or restriction will be deemed to have been applied with such modification as would be necessary and consistent with the intent of the parties Parties to have made it valid, enforceable and effective.

Appears in 10 contracts

Samples: Employment Agreement (Amplify Energy Corp.), Employment Agreement (Amplify Energy Corp.), Employment Agreement (Amplify Energy Corp.)

Adjustment of Covenants. The parties consider the covenants and restrictions contained in this Section 7 6 to be reasonable. However, if and when any such covenant or restriction is found to be void or unenforceable and would have been valid had some part of it been deleted or had its scope of application been modified, such covenant or restriction will be deemed to have been applied with such modification as would be necessary and consistent with the intent of the parties to have made it valid, enforceable and effective.

Appears in 8 contracts

Samples: Employment Agreement (Berry Corp (Bry)), Employment Agreement (PDC Energy, Inc.), Executive Employment Agreement (Berry Corp (Bry))

Adjustment of Covenants. The parties consider the covenants and restrictions contained in this Section 7 8 to be reasonable. However, if and when any such covenant or restriction is found to be void or unenforceable and would have been valid had some part of it been deleted or had its scope of application been modified, such covenant or restriction will shall be deemed to have been applied with such modification as would be necessary and consistent with the intent of the parties to have made it valid, enforceable and effective.

Appears in 7 contracts

Samples: Employment Agreement (Wesco International Inc), Employment Agreement (Wesco International Inc), Employment Agreement (Wesco International Inc)

Adjustment of Covenants. The parties consider the covenants and restrictions contained in this Section 7 to be reasonablereasonable in all respects. However, if and when any such covenant or restriction is found to be void or unenforceable and would have been valid had some part of it been deleted or had its scope of application been modified, such covenant or restriction will be deemed to have been applied with such modification as would be necessary and consistent with the intent of the parties to have made it valid, enforceable and effective.

Appears in 7 contracts

Samples: Executive Employment Agreement (Berry Corp (Bry)), Executive Employment Agreement (Berry Corp (Bry)), Executive Employment Agreement (Berry Corp (Bry))

Adjustment of Covenants. The parties consider the covenants and restrictions contained in this Section 7 to be reasonable. However, if and when any such covenant or restriction or part thereof is found to be void or unenforceable and would have been valid had some part of it been deleted or had its scope of application been modified, such covenant covenant, restriction, or restriction part thereof will be deemed to have been applied with such modification as would be necessary and consistent with the intent of the parties to have made it valid, enforceable and effective.

Appears in 5 contracts

Samples: Employment and Severance Agreement (Ring Energy, Inc.), Employment and Severance Agreement (Ring Energy, Inc.), Employment and Severance Agreement (Ring Energy, Inc.)

Adjustment of Covenants. The parties consider the covenants and restrictions contained in this Section 7 to be reasonable. However, if and when any such covenant or restriction is found to be void or unenforceable and would have been valid had some part of it been deleted or had its scope of application been modified, such covenant or restriction will be deemed to have been applied with such modification as would be necessary and consistent with the intent of the parties to have made it valid, enforceable and effective.. 7.8

Appears in 3 contracts

Samples: Employment Agreement (Linn Energy, LLC), Employment Agreement (Linn Energy, LLC), Employment Agreement (Linn Energy, LLC)

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Adjustment of Covenants. The parties consider the covenants and restrictions contained in this Section 7 to be reasonable. However, if and when any such covenant or restriction is found to be void or unenforceable and would have been valid had some part of it been deleted or had its scope of application been modified, such covenant or restriction will be 040707, 000014, 102625747.2 deemed to have been applied with such modification as would be necessary and consistent with the intent of the parties to have made it valid, enforceable and effective.

Appears in 1 contract

Samples: Employment Agreement (Linn Energy, LLC)

Adjustment of Covenants. The parties Parties consider the covenants and restrictions contained in this Section 7 to be reasonable. However, if and when any such covenant or restriction is found to be void or unenforceable and would have been valid had some part of it been deleted or had its scope of application been modified, such covenant or restriction will be deemed to have been applied with such modification as would be necessary and consistent with the intent of the parties Parties to have made it valid, enforceable and effective.. Forfeiture Provision

Appears in 1 contract

Samples: Employment Agreement (Amplify Energy Corp)

Adjustment of Covenants. The parties consider the covenants and restrictions contained in this Section Section. 7 to be reasonable. However, if and when any such covenant or restriction is found to be void or unenforceable and would have been valid had some part of it been deleted or had its scope of application been modified, such covenant or restriction will be deemed to have been applied with such modification as would be necessary and consistent with the intent of the parties to have made it valid, enforceable and effective.

Appears in 1 contract

Samples: Employment Agreement (Linn Energy, LLC)

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