Common use of Effect of Invalid Provisions Clause in Contracts

Effect of Invalid Provisions. If any of the promises, terms or conditions set forth herein are determined by a court of competent jurisdiction to be unenforceable, any Options that have not vested as described above will expire at that time and you agree to return to the Company all Option Proceeds that you have obtained pursuant to this agreement.

Appears in 8 contracts

Samples: Nonstatutory Stock Option Agreement, Nonstatutory Stock Option Agreement (Dell Inc), Nonstatutory Stock Option Agreement (Dell Inc)

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