Common use of Court Modification Clause in Contracts

Court Modification. If any term of this Appendix C is determined by a court of competent jurisdiction not to be enforceable in the manner set forth in this Appendix C, such term shall be enforceable to the maximum extent possible under applicable law and such court shall reform such term to make it enforceable. If a court does not recognize the Company’s right to revise the Competitor List from time to time as contemplated in Section C1(a), the list of Competitors with respect to an Award will be those Competitors listed as of the date of grant of such Award.

Appears in 5 contracts

Samples: Nonqualified Stock Option Award Agreement (American Express Co), Nonqualified Stock Option Award Agreement, Restricted Stock Unit Award Agreement

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Court Modification. If any term of this Appendix C D is determined by a court of competent jurisdiction not to be enforceable in the manner set forth in this Appendix CD, such term shall be enforceable to the maximum extent possible under applicable law and such court shall reform such term to make it enforceable. If a court does not recognize the Company’s right to revise the Competitor List from time to time as contemplated in Section C1(aD1(a), the list of Competitors with respect to an Award will be those Competitors listed as of the date of grant of such Award.

Appears in 2 contracts

Samples: Restricted Stock Award Agreement (American Express Co), Global Nonqualified Stock Option Award Agreement (American Express Co)

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