Common use of Invalidity or Unenforceability Clause in Contracts

Invalidity or Unenforceability. It is the intention of the Company and the Shareholder that this Agreement shall be enforceable to the fullest extent allowed by law. In the event that a court having jurisdiction holds any provision of this Agreement to be invalid or unenforceable, in whole or in part, the Company and the Shareholder agree that, if allowed by law, that provision shall be reduced to the degree necessary to render it valid and enforceable without affecting the rest of this Agreement.

Appears in 11 contracts

Samples: Stock Restrictions Agreement, Stock Option Grant Agreement (Blue Apron Holdings, Inc.), Stock Option Grant Agreement (Blue Apron Holdings, Inc.)

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Invalidity or Unenforceability. It is the intention of the Company and the Shareholder Optionee that this Agreement shall be enforceable to the fullest extent allowed by law. In the event that a court having jurisdiction holds any provision of this Agreement to be invalid or unenforceable, in whole or in part, the Company and the Shareholder Optionee agree that, if allowed by law, that provision shall be reduced to the degree necessary to render it valid and enforceable without affecting the rest of this Agreement.

Appears in 10 contracts

Samples: Employment Agreement (Sourcefire Inc), Nonqualified Stock Option Agreement (Laureate Education, Inc.), Employment Agreement (Sourcefire Inc)

Invalidity or Unenforceability. It is the intention of the Company and the Shareholder Founder that this Agreement shall be enforceable to the fullest extent allowed by law. In the event that a court having jurisdiction holds any provision of this Agreement to be invalid or unenforceable, in whole or in part, the Company and the Shareholder Founder agree that, if allowed by law, that provision shall be reduced only to the degree necessary to render it valid and enforceable without affecting the rest of this Agreement, which shall be enforced to the fullest extent permitted by law.

Appears in 2 contracts

Samples: Stock Restriction Agreement, Stock Restriction Agreement (Homeowners of America Holding Corp)

Invalidity or Unenforceability. It is the intention of the Company and the Shareholder Stockholder that this Agreement shall be enforceable to the fullest extent allowed by law. In the event that a court having jurisdiction holds any provision of this Agreement to be invalid or unenforceable, in whole or in part, the Company and the Shareholder Stockholder agree that, if allowed by law, that provision shall be reduced to the degree necessary to render it valid and enforceable without affecting the rest of this Agreement.

Appears in 2 contracts

Samples: Stock Restrictions Agreement (InterPrivate III Financial Partners Inc.), Stock Restrictions Agreement (InterPrivate III Financial Partners Inc.)

Invalidity or Unenforceability. It is the intention of the Company and the Shareholder Grantee that this Agreement shall be enforceable to the fullest extent allowed by law. In the event that a court having jurisdiction holds any provision of this Agreement to be invalid or unenforceable, in whole or in part, the Company and the Shareholder Grantee agree that, if allowed by law, that provision shall be reduced to the degree necessary to render it valid and enforceable without affecting the rest of this Agreement.

Appears in 2 contracts

Samples: Restricted Stock Agreement (Laureate Education, Inc.), Restricted Stock Agreement (Laureate Education, Inc.)

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Invalidity or Unenforceability. It is the intention of the Company and the Shareholder Awardee that this Agreement shall be enforceable to the fullest extent allowed by law. In the event that a court having jurisdiction holds any provision of this Agreement to be invalid or unenforceable, in whole or in part, the Company and the Shareholder Awardee agree that, if allowed by law, that provision shall be reduced to the degree necessary to render it valid and enforceable without affecting the rest of this Agreement.

Appears in 2 contracts

Samples: Restricted Stock Award Agreement (Acies Corp), Restricted Stock Award Agreement (Acies Corp)

Invalidity or Unenforceability. It is the intention of the Company and the Shareholder Holder that this Agreement shall be enforceable to the fullest extent allowed by law. In the event that a court having jurisdiction holds any provision of this Agreement to be invalid or unenforceable, in whole or in part, the Company and the Shareholder agree that, if allowed by law, that provision shall be reduced to the degree necessary to render it valid and enforceable without affecting the rest of this Agreement.or

Appears in 2 contracts

Samples: Stock Restriction Agreement (Broadsoft Inc), Stock Restriction Agreement (Broadsoft Inc)

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