Common use of Judicial Interpretation Clause in Contracts

Judicial Interpretation. It is expressly understood and agreed that although Executive and the Company consider the restrictions contained in this Section to be reasonable, if a final judicial determination is made by a court of competent jurisdiction that any restriction contained in this Agreement is an unenforceable restriction against Executive, the provisions of this Agreement shall not be rendered void but shall be deemed amended to apply to the maximum extent as such court may judicially determine or indicate to be enforceable. Alternatively, if any court of competent jurisdiction finds that any restriction contained in this Agreement is unenforceable, and such restriction cannot be amended so as to make it enforceable, such finding shall not affect the enforceability of any of the other restrictions contained herein.

Appears in 6 contracts

Samples: Executive Change in Control Severance Agreement (Federal Signal Corp /De/), Executive Change in Control Severance Agreement (Federal Signal Corp /De/), Executive Change in Control Severance Agreement (Federal Signal Corp /De/)

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Judicial Interpretation. It is expressly understood and agreed that although Executive the Officer and the Company consider the restrictions contained in this Section Article 4 to be reasonable, if a final judicial determination is made by a court of competent jurisdiction that any restriction contained in this Agreement is an unenforceable restriction against Executivethe Officer, the provisions of this Agreement shall not be rendered void but shall be deemed amended to apply to the maximum extent as such court may judicially determine or indicate to be enforceable. Alternatively, if any court of competent jurisdiction finds that any restriction contained in this Agreement is unenforceable, and such restriction cannot be amended so as to make it enforceable, such finding shall not affect the enforceability of any of the other restrictions contained herein.

Appears in 4 contracts

Samples: Change in Control Severance Agreement (Aegion Corp), Change in Control Severance Agreement (Aegion Corp), Change in Control Severance Agreement (Aegion Corp)

Judicial Interpretation. It is expressly understood and agreed that although the Executive and the Company consider the restrictions contained in this Section to be reasonable, if a final judicial determination is made by a court of competent jurisdiction that any restriction contained in this Agreement is an unenforceable restriction against the Executive, the provisions of this Agreement shall not be rendered void but shall be deemed amended to apply to the maximum extent as such court may judicially determine or indicate to be enforceable. Alternatively, if any court of competent jurisdiction finds that any restriction contained in this Agreement is unenforceable, and such restriction cannot be amended so as to make it enforceable, such finding shall not affect the enforceability of any of the other restrictions contained herein.

Appears in 2 contracts

Samples: Executive Change in Control Severance Agreement (Federal Signal Corp /De/), Executive Change in Control Severance Agreement (Federal Signal Corp /De/)

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Judicial Interpretation. It is expressly understood and agreed that although the Executive and the Company consider the restrictions contained in this Section Article 4 to be reasonable, if a final judicial determination is made by a court of competent jurisdiction that any restriction contained in this Agreement is an unenforceable restriction against the Executive, the provisions of this Agreement shall not be rendered void but shall be deemed amended to apply to the maximum extent as such court may judicially determine or indicate to be enforceable. Alternatively, if any court of competent jurisdiction finds that any restriction contained in this Agreement is unenforceable, and such restriction cannot be amended so as to make it enforceable, such finding shall not affect the enforceability of any of the other restrictions contained herein.

Appears in 1 contract

Samples: Executive Change in Control Severance Agreement (Aegion Corp)

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