Common use of Severability and Judicial Modification Clause in Contracts

Severability and Judicial Modification. Whenever possible, each provision of this Agreement will be interpreted in such manner as to be effective and valid under applicable law. If any provision of this Agreement is held to be invalid, illegal, or unenforceable in any respect under any applicable law or rule in any jurisdiction, (a) each of the Company, each of its Subsidiaries and their respective successors, and the Grantee hereby agree that such provision(s) should be modified by the court and, to the maximum extent permissible under the applicable law, enforced; and (b) any invalidity, illegality, or unenforceability of a particular provision will not affect any other provision of this Agreement.

Appears in 7 contracts

Samples: Nonqualified Stock Option Grant (Church & Dwight Co Inc /De/), Performance Stock Unit Grant (Church & Dwight Co Inc /De/), Restricted Stock Unit Grant (Church & Dwight Co Inc /De/)

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Severability and Judicial Modification. Whenever possible, each provision of this Agreement will be interpreted in such manner as to be effective and valid under applicable law. If , but if any provision of this Agreement is held to be invalid, illegal, illegal or unenforceable in any respect under any applicable law or rule in any jurisdiction, (a) each of the Company, each of its Subsidiaries and their respective successors, and the Grantee hereby agree that such provision(s) should be modified by the court and, to the maximum extent permissible under the applicable law, enforced; and (b) any invalidity, illegality, illegality or unenforceability of a particular provision will not affect any other provision of or any other jurisdiction, but this AgreementAgreement will be reformed, construed and enforced in such jurisdiction as if such invalid, illegal or unenforceable provision had never been contained herein.

Appears in 7 contracts

Samples: Participant Interest Agreement (McAp Acquisition Corp), Participant Interest Agreement (McAp Acquisition Corp), Participant Interest Agreement (McAp Acquisition Corp)

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