Common use of Blue Pencil Doctrine Clause in Contracts

Blue Pencil Doctrine. If the duration or geographical extent of, or business activities covered by, this Section 7 are in excess of what is valid and enforceable under applicable law, then such provision shall be construed to cover only that duration, geographical extent or activities that are valid and enforceable. The Executive acknowledges the uncertainty of the law in this respect and expressly stipulates that this Agreement be given the construction which renders its provisions valid and enforceable to the maximum extent (not exceeding its express terms) possible under applicable law.

Appears in 1 contract

Samples: Employment Agreement (Compex Technologies Inc)

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Blue Pencil Doctrine. If the duration or geographical extent of, or business activities covered by, this Section 7 paragraph 6 are in excess of what is valid and enforceable under applicable law, then such provision shall will be construed to cover only that duration, geographical extent extent, or activities that are valid and enforceable. The Executive Rxxxxx acknowledges the uncertainty of the law in this respect and expressly stipulates that this Agreement paragraph 6 be given the construction which renders its provisions valid and enforceable to the maximum extent (not exceeding its express terms) possible under applicable lawlaws.

Appears in 1 contract

Samples: Stock Option Agreement (Wilsons the Leather Experts Inc)

Blue Pencil Doctrine. If the duration or geographical extent of, or business activities covered by, this Section 7 are in excess of what is valid and enforceable under applicable law, then such provision shall will be construed to cover only that duration, geographical extent extent, or activities that are valid and enforceable. The Executive Gxxxxxxxxx acknowledges the uncertainty of the law in this respect and expressly stipulates that this Agreement Section 7 be given the construction which renders its provisions valid and enforceable to the maximum extent (not exceeding its express terms) possible under applicable lawlaws.

Appears in 1 contract

Samples: Fair Isaac Corporation Transition Agreement (Fair Isaac Corp)

Blue Pencil Doctrine. If the duration or geographical extent of, or business activities covered by, this Section 7 6.09 are in excess of what is valid and enforceable under applicable law, then such provision shall be construed to cover only that duration, geographical extent or activities that are valid and enforceable. The Executive acknowledges Seller and each Shareholder acknowledge the uncertainty of the law in this respect and expressly stipulates stipulate that this Agreement is to be given the construction which renders its provisions valid and enforceable to the maximum extent (not exceeding its express terms) possible under applicable law.

Appears in 1 contract

Samples: Asset Purchase Agreement (C H Robinson Worldwide Inc)

Blue Pencil Doctrine. If the duration or geographical extent of, or business activities covered by, this Section 7 4.7 are in excess of what is valid and enforceable under applicable law, then such provision shall be construed to cover only that duration, geographical extent or activities that are valid and enforceable. The Executive Shareholder acknowledges the uncertainty of the law in this respect and expressly stipulates that this Agreement be given the construction which renders its provisions valid and enforceable to the maximum extent (not exceeding its express terms) possible under applicable law.

Appears in 1 contract

Samples: Stock Purchase Agreement (Penge Corp)

Blue Pencil Doctrine. If the duration or geographical extent of, -------------------- or business activities covered by, this Section 7 19.1 are in excess of what is valid and enforceable under applicable law, then such provision shall be construed to cover only that duration, geographical extent or activities that are valid and enforceable. The Executive Each Member acknowledges the uncertainty of the law in this respect and expressly stipulates that this Agreement is to be given the construction which renders its provisions valid and enforceable to the maximum extent (not exceeding its express terms) possible under applicable law.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Apogee Enterprises Inc)

Blue Pencil Doctrine. If the duration or geographical extent of, or business activities covered by, this Section 7 7.11 are in excess of what is valid and enforceable under applicable law, then such provision shall be construed to cover only that duration, geographical extent or activities that are valid and enforceable. The Executive Company and the Shareholders each acknowledges the uncertainty of the law in this respect and expressly stipulates that this Agreement is to be given the construction which renders its provisions valid and enforceable to the maximum extent (not exceeding its express terms) possible under applicable law.

Appears in 1 contract

Samples: Asset Purchase Agreement (Cyberoptics Corp)

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Blue Pencil Doctrine. If the duration or geographical extent of, or business activities covered by, this Section 7 5 are in excess of what is valid and enforceable under applicable law, then such provision shall be construed to cover only that duration, geographical extent or activities that are valid and enforceable. The Executive acknowledges the uncertainty of the law in this respect and expressly stipulates that this Agreement be given the construction which renders its provisions valid and enforceable to the maximum extent (not exceeding its express terms) possible under applicable law.

Appears in 1 contract

Samples: Employment Agreement (Enzon Pharmaceuticals Inc)

Blue Pencil Doctrine. If the duration or geographical extent of, or business activities covered by, this Section 7 5.06 are in excess of what is valid and enforceable under applicable law, then such provision shall be construed to cover only that duration, geographical extent or activities that are valid and enforceable. The Executive Shareholder acknowledges the uncertainty of the law in this respect and expressly stipulates that this Agreement is to be given the construction which renders its provisions valid and enforceable to the maximum extent (not exceeding its express terms) possible under applicable law.

Appears in 1 contract

Samples: Stock Purchase Agreement (Fourth Shift Corp)

Blue Pencil Doctrine. If the duration or geographical extent of, or business activities covered by, this Section 7 8.1 are in excess of what is valid and enforceable under applicable law, then such provision shall be construed to cover only that duration, geographical extent or activities that are valid and enforceable. The Executive acknowledges Sellers acknowledge the uncertainty of the law in this respect and expressly stipulates stipulate that this Agreement is to be given the construction which renders its provisions valid and enforceable to the maximum extent (not exceeding its express terms) possible under applicable law.

Appears in 1 contract

Samples: Asset Purchase Agreement (Sourcecorp Inc)

Blue Pencil Doctrine. If the duration or geographical extent of, or business activities covered by, this Section 7 6 are in excess of what is valid and enforceable under applicable law, then such provision shall be construed to cover only that duration, geographical extent or activities that are valid and enforceable. The Executive acknowledges the uncertainty of the law in this respect and expressly stipulates that this Agreement be given the construction which renders its provisions valid and enforceable to the maximum extent (not exceeding its express terms) possible under applicable law.

Appears in 1 contract

Samples: Employment Agreement (Activecare, Inc.)

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