Common use of Reformation and Severance Clause in Contracts

Reformation and Severance. If a judicial determination is made that any of the provisions of the restrictions contained in this Article VI constitute an unreasonable or otherwise unenforceable restriction against the Executive, it shall be rendered void only to the extent that such judicial determination finds such provisions to be unreasonable or otherwise unenforceable. In this regard, the parties hereby agree that any judicial authority construing this Agreement shall be empowered to sever any portion of the prohibited business activity from the coverage of this restriction and to apply the restriction to the remaining portion of the business activities not so severed by such judicial authority.

Appears in 7 contracts

Samples: Employment Agreement (Tractor Supply Co /De/), Employment Agreement (Tractor Supply Co /De/), Employment Agreement (Tractor Supply Co /De/)

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Reformation and Severance. If a judicial determination is made that any of the provisions of the restrictions contained in this Article VI constitute an unreasonable or otherwise unenforceable restriction against the ExecutiveXxxxxx, it shall be rendered void only to the extent that such judicial determination finds such provisions to be unreasonable or otherwise unenforceable. In this regard, the parties hereby agree that any judicial authority construing this Agreement shall be empowered to sever any portion of the prohibited business activity from the coverage of this restriction and to apply the restriction to the remaining portion of the business activities not so severed by such judicial authority.

Appears in 1 contract

Samples: Employment Agreement (Tractor Supply Co /De/)

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