Common use of Severability and Interpretation Clause in Contracts

Severability and Interpretation. If a provision of this Agreement is held to be invalid or unenforceable, the remaining provisions shall nonetheless be enforceable according to their terms. Further, in the event that any provision is held to be overbroad as written, such provision shall be deemed amended to narrow its application to the extent necessary to make the provision enforceable according to law and enforced as amended.

Appears in 71 contracts

Samples: Endorsement Method Split Dollar Plan Agreement (Old Point Financial Corp), Executive Life Insurance Agreement (Kearny Financial Corp.), Life Insurance Split Dollar Endorsement Method Agreement (Central Valley Community Bancorp)

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Severability and Interpretation. If a provision of this Agreement is held to be invalid or unenforceable, the remaining provisions shall nonetheless be enforceable according to their terms. Further, in the event that any provision is held to be overbroad over broad as written, such provision shall be deemed amended to narrow its application to the extent necessary to make the provision enforceable according to law and enforced as amended.

Appears in 48 contracts

Samples: Endorsement Method Split Dollar Plan Agreement (Lyons Bancorp Inc), Endorsement Method Split Dollar Plan Agreement (Heritage NOLA Bancorp, Inc.), Director Supplemental Retirement Plan Agreement (Heritage NOLA Bancorp, Inc.)

Severability and Interpretation. If a provision of this Agreement is held to be invalid or unenforceable, the remaining provisions shall nonetheless be enforceable according to their terms. Further, in the event that any provision is held to be overbroad as written, written such provision shall be deemed amended to narrow its application to the extent necessary to make the provision enforceable according to law and enforced as amended.

Appears in 41 contracts

Samples: Split Dollar Agreement (Columbia Banking System, Inc.), Joint Beneficiary Agreement (Columbia Banking System, Inc.), Split Dollar Agreement (Columbia Banking System, Inc.)

Severability and Interpretation. If a provision of this Agreement is held to be invalid or unenforceable, the remaining provisions shall nonetheless be enforceable according to their terms. Further, in the event that any provision is held to be overbroad as written, such provision shall be deemed amended to narrow its application to the extent necessary to make the provision enforceable according to law and enforced as amended.

Appears in 6 contracts

Samples: Endorsement Method Split Dollar Plan Agreement (Community Financial Corp /Md/), Endorsement Method Split Dollar Plan Agreement (Community Financial Corp /Md/), Endorsement Method Split Dollar Plan Agreement (Community Financial Corp /Md/)

Severability and Interpretation. If a provision of this Agreement is held to be invalid or unenforceableunforeseeable, the remaining provisions shall nonetheless be enforceable according to their terms. Further, in the event that any provision provisions is held to be overbroad as written, written such provision shall be deemed amended to narrow its application to the extent necessary to make the provision enforceable according to law and enforced as amended.

Appears in 4 contracts

Samples: Endorsement Split Dollar Life Insurance Agreement (HarborOne Bancorp, Inc.), Split Dollar Life Insurance Agreement (SBT Bancorp, Inc.), Split Dollar Life Insurance Agreement (SBT Bancorp, Inc.)

Severability and Interpretation. If a provision of this Agreement is held to be invalid or unenforceable, the remaining provisions shall nonetheless be enforceable according to their terms. Further, in the event that any provision is held to be overbroad overly broad as written, such provision shall be deemed amended to narrow its application to the extent necessary to make the provision enforceable according to law and enforced as amended.

Appears in 2 contracts

Samples: Split Dollar Agreement (Park National Corp /Oh/), Split Dollar Agreement (Park National Corp /Oh/)

Severability and Interpretation. If a provision of this Agreement is held to be invalid or unenforceable, the remaining provisions shall nonetheless be enforceable according to their terms. Further, in the event that any provision is held to be overbroad over broad as written, such provision shall be deemed amended to narrow its application to the extent necessary to make the provision enforceable according to law and enforced as amended.

Appears in 1 contract

Samples: Split Dollar Agreement (Rurban Financial Corp)

Severability and Interpretation. If a provision of this Agreement is held to be invalid or unenforceable, the remaining provisions shall nonetheless be enforceable according to their terms. Further, in the event that any provision is held to be overbroad over broad as written, such provision shall be deemed amended to narrow its application to the extent necessary to make the provision enforceable according to law and enforced as amended.to

Appears in 1 contract

Samples: Split Dollar Agreement (Park National Corp /Oh/)

Severability and Interpretation. If a any provision of this Agreement is held to be invalid or unenforceable, the remaining provisions shall nonetheless be enforceable according to their terms. Further, in the event that any provision is held to be overbroad as written, such provision shall be deemed amended to narrow its application to the extent necessary to make the provision enforceable according to law and enforced as amended.

Appears in 1 contract

Samples: Split Dollar Life Insurance Agreement (Cardinal Financial Corp)

Severability and Interpretation. If a provision of this Agreement is held to be invalid or unenforceable, the remaining provisions shall nonetheless be enforceable according to their terms. Further, in the event that any provision is held to be overbroad as written, such provision shall be deemed amended to narrow its application to the extent necessary to make the provision enforceable according to law and enforced as amended.. EXHIBIT 10.94

Appears in 1 contract

Samples: Life Insurance Split Dollar Endorsement Method Agreement (Central Valley Community Bancorp)

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Severability and Interpretation. If a provision of this Agreement is held to be invalid or unenforceable, the remaining provisions shall nonetheless be enforceable according to their terms. Further, in the event that any provision is held to be overbroad as written, such provision shall be deemed amended to narrow its application to the extent necessary to make the provision enforceable according to law and enforced as amended.

Appears in 1 contract

Samples: Executive Supplemental Retirement Plan (North Georgia Community Financial Partne)

Severability and Interpretation. If a provision of this Agreement is held to be invalid or unenforceable, the remaining provisions shall nonetheless be enforceable according to their terms. Further, in the event that any provision is held to be overbroad as written, written such 3XSalaryJBASigrist7182018 provision shall be deemed amended to narrow its application to the extent necessary to make the provision enforceable according to law and enforced as amended.

Appears in 1 contract

Samples: Split Dollar Agreement (Columbia Banking System Inc)

Severability and Interpretation. If a provision of this Agreement is held to be invalid or unenforceable, the remaining provisions shall nonetheless be enforceable according to their terms. Further, in the event that any provision is held to be overbroad as written, written such provision shall be deemed amended to narrow its application to the extent necessary to make the provision enforceable according to law and enforced as amended. 15.

Appears in 1 contract

Samples: Endorsement Method Split Dollar Agreement (Heritage Financial Corp /Wa/)

Severability and Interpretation. If a provision of o f this Agreement is held to be invalid or unenforceable, the remaining provisions shall nonetheless be enforceable according to their terms. Further, in the event that any provision is held to be overbroad as written, such provision shall be deemed amended to narrow its application to the extent necessary to make the provision enforceable according to law and enforced as amended.

Appears in 1 contract

Samples: Executive Life Insurance Agreement (MSB Financial Corp.)

Severability and Interpretation. If a provision of this Agreement is held to be invalid or unenforceable, the remaining provisions shall nonetheless be enforceable according to their terms. Further, in the event that any provision is held to be overbroad over broad as written, such provision shall be deemed amended to narrow its application to the extent necessary to make the provision enforceable according to law and enforced as amended.

Appears in 1 contract

Samples: Life Insurance Endorsement Method Split Dollar Plan Agreement (First Capital Bancorp, Inc.)

Severability and Interpretation. If a In the event that any provision of this Agreement is held to be invalid or unenforceableby a court of competent jurisdiction, the remaining provisions shall nonetheless be by enforceable according to their terms. Further, in the event that any provision is are held to be overbroad as written, such provision provisions shall be deemed amended amendable to narrow its application to the extent necessary to make the provision enforceable according to applicable law and enforced enforceable as amended.

Appears in 1 contract

Samples: Referral Agreement

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