Common use of Agreement Severable Clause in Contracts

Agreement Severable. In the event that any provision in this Notice and Agreement shall be held invalid, illegal or unenforceable, such provision shall be severable from, and such invalidity, illegality or unenforceability shall not be construed to have any effect on, the remaining provisions of this Notice and Agreement, and the provisions so held to be invalid, unenforceable or otherwise illegal shall be reformed to the extent (and only to the extent) necessary to make it enforceable, valid and legal.

Appears in 5 contracts

Samples: Restricted Stock Units Award Agreement (American Eagle Outfitters Inc), Restricted Stock Unit Award Agreement (American Eagle Outfitters Inc), Restricted Stock Unit Award Agreement (American Eagle Outfitters Inc)

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Agreement Severable. In the event that any provision in this Notice and Agreement shall be held invalid, illegal or unenforceableunenforceable for any reason, such provision shall be severable from, and such invalidity, illegality or unenforceability shall not be construed to have any effect on, the remaining provisions of this Notice and Agreement, and the provisions so held to be invalid, unenforceable or otherwise illegal shall be reformed to the extent (and only to the extent) necessary to make it enforceable, valid and legal.

Appears in 2 contracts

Samples: Non Qualified Stock Option Agreement (American Eagle Outfitters Inc), Stock Option Agreement (American Eagle Outfitters Inc)

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