Common use of Reformation Clause in Contracts

Reformation. If a court or arbitrator rules that any time period or the geographic area specified in any restrictive covenant in Sections 9 through 17 is unenforceable, then the time period will be reduced by the number of months, or the geographic area will be reduced by the elimination of such unenforceable portion, or both, so that the restrictions may be enforced in the geographic area and for the time to the full extent permitted by law.

Appears in 21 contracts

Samples: Employment Agreement, Employment Agreement, Employment Agreement (Alta Mesa Resources, Inc. /DE)

AutoNDA by SimpleDocs

Reformation. If a court or arbitrator rules concludes that any time period or the geographic area specified in any restrictive covenant in Sections 9 11 through 17 of this Agreement is unenforceable, then the time period will be reduced by the number of months, or the geographic area will be reduced by the elimination of such unenforceable portion, or both, so that the restrictions may be enforced in the geographic area and for the time to the full extent permitted by law.

Appears in 16 contracts

Samples: Employment Agreement (Basic Energy Services Inc), Employment Agreement (Basic Energy Services Inc), Employment Agreement (Basic Energy Services Inc)

Reformation. If a court or arbitrator rules that any time period or the geographic area specified in any restrictive covenant in Sections 9 through 17 16 is unenforceable, then the time period will be reduced by the number of months, or the geographic area will be reduced by the elimination of such unenforceable portion, or both, so that the restrictions may be enforced in the geographic area and for the time to the full extent permitted by law.

Appears in 13 contracts

Samples: Employment Agreement (Carriage Services Inc), Employment Agreement (Carriage Services Inc), Employment Agreement (Carriage Services Inc)

Reformation. If a court or arbitrator rules concludes that any time period or the geographic area specified in any restrictive covenant in Sections 9 10 through 17 16 is unenforceable, then the time period will be reduced by the number of months, or the geographic area will be reduced by the elimination of such unenforceable the overbroad portion, or both, so that the restrictions may shall be enforced in the geographic area and for the time to the full extent permitted by law.

Appears in 12 contracts

Samples: Employment Agreement (Parker Drilling Co /De/), Employment Agreement (Parker Drilling Co /De/), Employment Agreement (Parker Drilling Co /De/)

Reformation. If a court or arbitrator rules that any time period or the geographic area specified in any restrictive covenant in Sections 9 5 through 17 12 is unenforceable, then the time period will be reduced by the number of months, or the geographic area will be reduced by the elimination of such unenforceable portion, or both, so that the restrictions may be enforced in the geographic area and for the time to the full extent permitted by law.

Appears in 9 contracts

Samples: Change in Control Employee Severance Agreement (Delta Petroleum Corp/Co), Change in Control Executive Severance Agreement (Delta Petroleum Corp/Co), Change in Control Executive Severance Agreement (Delta Petroleum Corp/Co)

Reformation. If a court or arbitrator rules that any time period or period, the geographic area or any prohibited activities specified in any restrictive covenant in Sections 9 10 through 17 is unenforceable, then the time period will be reduced by the number of months, or the geographic area will be reduced by the elimination of such unenforceable portion, or bothand/or the prohibited activities will be limited by elimination of any such unenforceable portion, so that the restrictions may be enforced in the geographic area and area, for the time time, and pertaining to the prohibited activities to the full extent permitted by law.

Appears in 4 contracts

Samples: Employment Agreement (Spacehab Inc \Wa\), Employment Agreement (Spacehab Inc \Wa\), Employment Agreement (Spacehab Inc \Wa\)

Reformation. If a court or arbitrator rules that any time period or the geographic area specified in any restrictive covenant in Sections 9 11 through 17 18 is unenforceable, then the time period will be reduced by the number of months, or the geographic area will be reduced by the elimination of such unenforceable portion, or both, so that the restrictions may be enforced in the geographic area and for the time to the full extent permitted by law.

Appears in 4 contracts

Samples: Employment Agreement (Delta Petroleum Corp/Co), Employment Agreement (Delta Petroleum Corp/Co), Employment Agreement (Delta Petroleum Corp/Co)

Reformation. If a court of competent jurisdiction or arbitrator rules concludes that any time period or the geographic area specified in any restrictive covenant in Sections 9 10 through 17 16 of this Agreement is unenforceable, then the time period will be reduced by the number of months, or the geographic area will be reduced by the elimination of such unenforceable portion, or both, so that the restrictions may be enforced in the geographic area and for the time to the full extent permitted by law.

Appears in 4 contracts

Samples: Employment Agreement (Basic Energy Services, Inc.), Employment Agreement (Basic Energy Services, Inc.), Employment Agreement (Basic Energy Services, Inc.)

Reformation. If a court or arbitrator rules that any time period or the geographic area specified in any restrictive covenant in Sections 9 11 through 17 15 is unenforceable, then the time period will be reduced by the number of months, or the geographic area will be reduced by the elimination of such unenforceable portion, or both, so that the restrictions may be enforced in the geographic area and for the time to the full extent permitted by law.

Appears in 3 contracts

Samples: Employment Agreement (EV Energy Partners, LP), Employment Agreement (EV Energy Partners, LP), Employment Agreement (EV Energy Partners, LP)

Reformation. If a court or arbitrator rules that any time period or period, the geographic area or any other restriction specified in any restrictive covenant in Sections 9 8 through 12 or Section 17 is unenforceable, then the time period will be reduced by the number of months, or the geographic area will be reduced by the elimination of such unenforceable portion, or both, the restriction will be otherwise modified so that the restrictions may be reasonable and fully enforced in the geographic area and for the time to the full extent permitted by law.

Appears in 3 contracts

Samples: Employment Agreement (Harvest Oil & Gas Corp.), Employment Agreement (Harvest Oil & Gas Corp.), Employment Agreement (Harvest Oil & Gas Corp.)

AutoNDA by SimpleDocs

Reformation. If a court or arbitrator rules concludes that any time period or the geographic area specified in any restrictive covenant in Sections 9 10 through 17 16 of this Agreement is unenforceable, then the time period will be reduced by the number of months, or the geographic area will be reduced by the elimination of such unenforceable portion, or both, so that the restrictions may be enforced in the geographic area and for the time period to the full fullest extent permitted by law.

Appears in 2 contracts

Samples: Employment Agreement (Pinnacle Gas Resources, Inc.), Employment Agreement (Pinnacle Gas Resources, Inc.)

Reformation. If a court or arbitrator rules that any time period or the geographic area specified in any restrictive covenant in Sections 9 8 through 17 12 is unenforceable, then the time period will be reduced by the number of months, or the geographic area will be reduced by the elimination of such unenforceable portion, or both, so that the restrictions may be enforced in the geographic area and for the time to the full extent permitted by law.

Appears in 2 contracts

Samples: Employment Agreement (EV Energy Partners, LP), Employment Agreement (EV Energy Partners, LP)

Reformation. If a court or arbitrator rules that any time period or the geographic area specified in any restrictive covenant in Sections 9 11 through 17 is unenforceable, then the time period will be reduced by the number of months, or the geographic area will be reduced by the elimination of such unenforceable portion, or both, so that the restrictions may be enforced in the geographic area and for the time to the full extent permitted by law.

Appears in 1 contract

Samples: Employment Agreement (Delta Petroleum Corp/Co)

Reformation. If a court or arbitrator rules concludes that any time period or the geographic area specified in any restrictive covenant in Sections 9 8 through 17 14 of this Agreement is unenforceable, then the time period will be reduced by the number of months, or the geographic geographical area will be reduced by the elimination of such unenforceable the overbroad portion, or both, so that the restrictions may be enforced in the geographic geographical area and for the time to the full extent permitted by law.

Appears in 1 contract

Samples: Consulting Agreement (Parker Drilling Co /De/)

Reformation. If a court or arbitrator rules concludes that any time period or the geographic area specified in any restrictive covenant in Sections 5 through 9 through 17 is unenforceable, then the time period will be reduced by the number of months, or the geographic area will be reduced by the elimination of such unenforceable the overbroad portion, or both, so that the restrictions may shall be enforced in the geographic area and for the time to the full extent permitted by law.

Appears in 1 contract

Samples: Separation and Consulting Agreement (Magellan Midstream Partners Lp)

Reformation. If a court or arbitrator rules concludes that any time period or the geographic area specified in any restrictive covenant in Sections 9 10 through 17 16 of this Agreement is unenforceable, then the time period will be reduced by the number of months, or the geographic area will be reduced by the elimination of such unenforceable portion, or both, so that the restrictions may be enforced in the geographic area and for the time to the full extent permitted by law.

Appears in 1 contract

Samples: Employment Agreement (Basic Energy Services Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!