Common use of Reform Clause in Contracts

Reform. In the event any of Sections 14.2, 14.3 and 14.4 are determined by a court of competent jurisdiction to be unenforceable because unreasonable either as to length of time or area to which said restriction applies, it is the intent of Grantee and PNC that said court reduce and reform the provisions thereof so as to apply the greatest limitations considered enforceable by the court.

Appears in 11 contracts

Samples: Restricted Stock Agreement, Performance Based Stock Payable Restricted Share Units Award Agreement (PNC Financial Services Group, Inc.), Performance Based Stock Payable Restricted Share Units Award Agreement (PNC Financial Services Group, Inc.)

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Reform. In the event any of Sections 14.216.2, 14.3 16.3 and 14.4 16.4 are determined by a court of competent jurisdiction to be unenforceable because unreasonable either as to length of time or area to which said restriction applies, it is the intent of Grantee and PNC that said court reduce and reform the provisions thereof so as to apply the greatest limitations considered enforceable by the court.

Appears in 7 contracts

Samples: Cash Payable Incentive Performance Units Award Agreement (PNC Financial Services Group, Inc.), Restricted Share Unit Agreement (PNC Financial Services Group, Inc.), Performance Based Stock Payable Restricted Share Units Award Agreement (PNC Financial Services Group, Inc.)

Reform. In the event any of Sections 14.213.2, 14.3 13.3 and 14.4 13.4 are determined by a court of competent jurisdiction to be unenforceable because unreasonable either as to length of time or area to which said restriction applies, it is the intent of Grantee and PNC that said court reduce and reform the provisions thereof so as to apply the greatest limitations considered enforceable by the court.

Appears in 7 contracts

Samples: Restricted Share Unit Agreement (PNC Financial Services Group, Inc.), Restricted Share Unit Agreement (PNC Financial Services Group, Inc.), Standard Annual Incentive Deferral Plan Program (PNC Financial Services Group, Inc.)

Reform. In the event any of Sections 14.29.2, 14.3 9.3 and 14.4 9.4 are determined by a court of competent jurisdiction to be unenforceable because unreasonable either as to length of time or area to which said restriction applies, it is the intent of Grantee Optionee and PNC that said court reduce and reform the provisions thereof so as to apply the greatest limitations considered enforceable by the court.

Appears in 6 contracts

Samples: Nonstatutory Stock Option Agreement (PNC Financial Services Group, Inc.), Employee Stock Option Agreement (PNC Financial Services Group Inc), Employee Stock Option Agreement (PNC Financial Services Group Inc)

Reform. In the event any of Sections 14.215.2, 14.3 15.3 and 14.4 15.4 are determined by a court of competent jurisdiction to be unenforceable because unreasonable either as to length of time or area to which said restriction applies, it is the intent of Grantee and PNC that said court reduce and reform the provisions thereof so as to apply the greatest limitations considered enforceable by the court.

Appears in 3 contracts

Samples: Performance Based Restricted Share Units Award Agreement (PNC Financial Services Group, Inc.), Incentive Performance Units Agreement (PNC Financial Services Group Inc), Incentive Performance Units Agreement (PNC Financial Services Group Inc)

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Reform. In the event any of Sections 14.2, 14.3 and 14.4 are determined by a court of competent jurisdiction to be unenforceable because unreasonable either as to length of time or area to which said restriction applies, it is the intent of Grantee Participant and PNC that said court reduce and reform the provisions thereof so as to apply the greatest limitations considered enforceable by the court.

Appears in 2 contracts

Samples: Employee Stock Option Agreement (PNC Financial Services Group Inc), Employee Stock Option Agreement (PNC Financial Services Group Inc)

Reform. In the event any of Sections 14.2, 14.3 13.2 and 14.4 13.3 are determined by a court of competent jurisdiction to be unenforceable because unreasonable either as to length of time or area to which said restriction applies, it is the intent of Grantee and PNC that said court reduce and reform the provisions thereof so as to apply the greatest limitations considered enforceable by the court.

Appears in 1 contract

Samples: Performance Based Stock Payable Restricted Share Units Award Agreement (PNC Financial Services Group, Inc.)

Reform. In the event any of Sections 14.217.2, 14.3 17.3 and 14.4 17.4 are determined by a court of competent jurisdiction to be unenforceable because unreasonable either as to length of time or area to which said restriction applies, it is the intent of Grantee and PNC that said court reduce and reform the provisions thereof so as to apply the greatest limitations considered enforceable by the court.

Appears in 1 contract

Samples: Performance Based Restricted Share Units Award Agreement (PNC Financial Services Group, Inc.)

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