Common use of Severability and Reformation Clause in Contracts

Severability and Reformation. The parties hereto intend all provisions of this Agreement to be enforced to the fullest extent permitted by law. If, however, any provision of this Agreement is held to be illegal, invalid, or unenforceable under present or future law, such provision shall be fully severable, and this Agreement shall be construed and enforced as if such illegal, invalid, or unenforceable provision were never a part hereof, and the remaining provisions shall remain in full force and effect and shall not be affected by the illegal, invalid, or unenforceable provision or by its severance.

Appears in 39 contracts

Samples: Employment Agreement (Remote Dynamics Inc), Employment Agreement (Remote Dynamics Inc), Employment Agreement (Remote Dynamics Inc)

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Severability and Reformation. The parties hereto intend all provisions of this Agreement to be enforced to the fullest extent permitted by law. If, however, any provision of this Agreement is held to be illegal, invalid, or unenforceable under any present or future law, such provision shall be fully severable, and this Agreement shall be construed and enforced as if such illegal, invalid, or unenforceable provision were never a part hereof, and the remaining provisions shall remain in full force and effect and shall not be affected by the illegal, invalid, or unenforceable provision or by its severance. Further, the illegal, invalid, or unenforceable provision shall be limited so that it will remain in effect to the fullest extent permitted by law.

Appears in 16 contracts

Samples: Stockholders' and Voting Agreement (Zion Oil & Gas Inc), Stockholders' and Voting Agreement (Zion Oil & Gas Inc), Employment Agreement (Zion Oil & Gas Inc)

Severability and Reformation. The parties hereto intend all provisions of this Agreement to be enforced to the fullest extent permitted by law. If, however, any provision of this Agreement is held to be illegal, invalid, or unenforceable under present or future law, such provision shall be fully severable, and this Agreement shall be construed and enforced as if such illegal, invalid, or unenforceable provision were never a part hereof, hereof and the remaining provisions shall remain in full force and effect and effect. Moreover, any provision so affected shall not be affected by limited only to the illegal, invalid, or unenforceable provision or by its severanceextent necessary to bring the Agreement within the applicable requirements of law.

Appears in 15 contracts

Samples: Employment Agreement (Acacia Research Corp), Employment Agreement (Acacia Research Corp), Employment Agreement (Acacia Research Corp)

Severability and Reformation. The parties hereto intend all provisions of this Agreement to be enforced to the fullest extent permitted by law. If, however, If any provision of this Agreement is held to be illegal, invalid, or unenforceable under present or future law, such provision shall be fully severableseverable and severed, and this Agreement shall be construed and enforced as if such illegal, invalid, or unenforceable provision were never a part hereof, and the remaining provisions of the Agreement shall remain in full force and effect and shall not be affected by the illegal, invalid, or unenforceable provision or by its severance.

Appears in 14 contracts

Samples: Restricted Stock Agreement (Ace Cash Express Inc/Tx), Restricted Stock Agreement (Ace Cash Express Inc/Tx), Restricted Stock Agreement (Egl Inc)

Severability and Reformation. The parties hereto intend all provisions of this Agreement to be enforced to the fullest extent permitted by law. If, however, If any provision of this Agreement is held to be illegal, invalid, or unenforceable under present or future law, such provision shall be fully severable, and this Agreement shall be construed and enforced as if such illegal, invalid, invalid or unenforceable provision were never a part hereof, and the remaining provisions shall remain in full force and effect and shall not be affected by the illegal, invalid, or unenforceable provision provision, or by its severance; but in any such event this Agreement shall be construed to give effect to the severed provision to the extent legally permissible.

Appears in 14 contracts

Samples: Corporate Development Advisory Agreement (Renavotio, Inc.), Corporate Development Advisory Agreement (Renavotio, Inc.), Investor Relations Consulting Agreement (Brownie's Marine Group, Inc)

Severability and Reformation. The parties hereto intend all provisions of this Agreement to be enforced to the fullest extent permitted by law. If, however, If any provision of this Agreement is held declared or found to be illegal, invalidunenforceable, or unenforceable under present void, in whole or future lawin part, such provision then the parties shall be fully severablerelieved of all obligations arising under such provision, but only to the extent that it is illegal, unenforceable or void, it being the intent and agreement of the parties that this Agreement shall be construed deemed amended by modifying such provision to the extent necessary to make it legal and enforced as enforceable while preserving its intent or, if such illegalthat is not possible, invalid, or unenforceable by substituting therefor another provision were never a part hereof, that is legal and enforceable and achieves the remaining provisions shall remain in full force and effect and shall not be affected by the illegal, invalid, or unenforceable provision or by its severancesame objectives.

Appears in 9 contracts

Samples: Employment Agreement (Nexeon Medsystems Inc), Employment Agreement (Nexeon Medsystems Inc), Employment Agreement (Advanced Neuromodulation Systems Inc)

Severability and Reformation. The parties hereto intend all provisions of ---------------------------- this Agreement to be enforced to the fullest extent permitted by law. If, however, any provision of this Agreement is held to be illegal, invalid, or unenforceable under present or future law, such provision shall be fully severable, and this Agreement shall be construed and enforced as if such illegal, invalid, or unenforceable provision were never a part hereof, and the remaining provisions shall remain in full force and effect and shall not be affected by the illegal, invalid, or unenforceable provision or by its severance.

Appears in 6 contracts

Samples: Employment Agreement (At Track Communications Inc), Employment Agreement (At Track Communications Inc), Employment Agreement (At Track Communications Inc)

Severability and Reformation. The parties hereto intend all provisions of this Agreement to be enforced to the fullest extent permitted by law. If, however, If any provision of this Agreement is held to be illegal, invalid, or unenforceable under present or future law, such provision shall be fully severable, and this Agreement shall be construed and enforced as if such illegal, invalid, invalid or unenforceable provision were never a part hereof, and the remaining provisions shall remain in full force and effect and shall not be affected by the illegal, invalid, or unenforceable provision provision, or by its severance.

Appears in 5 contracts

Samples: Consulting Agreement, Investor Relations Consulting Agreement (Computer Software Innovations Inc), Investor Relations Consulting Agreement (Health Benefits Direct Corp)

Severability and Reformation. The parties hereto intend all provisions of this Agreement to be enforced to the fullest extent permitted by law. If, however, any provision of this Agreement is held to be illegal, invalid, or unenforceable under present or future law, such provision shall will be fully severable, and this Agreement shall will be construed and enforced as if such illegal, invalid, or unenforceable provision were never a part hereof, and the remaining provisions shall will remain in full force and effect and shall will not be affected by the illegal, invalid, or unenforceable provision or by its severance.

Appears in 3 contracts

Samples: Employment Agreement (Isco Inc), Employment Agreement (Clark/Bardes Holdings Inc), Employment Agreement (Teledyne Technologies Inc)

Severability and Reformation. The parties Parties hereto intend all provisions of this Agreement to be enforced to the fullest extent permitted by law. If, however, any provision of this Agreement is held to be illegal, invalid, or unenforceable under any present or future law, such provision shall be fully severable, and this Agreement shall be construed and enforced as if such illegal, invalid, or unenforceable provision were never a part hereof, and the remaining provisions shall remain in full force and effect and shall not be affected by the illegal, invalid, or unenforceable provision or by its severance. Further, the illegal, invalid, or unenforceable provision shall be limited so that it will remain in effect to the fullest extent permitted by law.

Appears in 3 contracts

Samples: Agreement and Release (Pegasystems Inc), Agreement and Release (Carreker Corp), Agreement and Release (Pegasystems Inc)

Severability and Reformation. The parties hereto intend all provisions of this Agreement to be enforced to the fullest extent permitted by law. If, however, any provision of this Agreement is held to be illegal, invalid, or unenforceable under present or future law, such provision shall be fully severable, and this Agreement shall be construed and enforced as if such illegal, invalid, or unenforceable provision were never a part hereof, hereof and the remaining provisions shall remain in full force and effect and effect. Moreover, any provision so affected shall not be affected by limited only to the illegal, invalid, or unenforceable provision or by its severanceextent necessary to bring the Agreement within the applicable requirements of law.

Appears in 3 contracts

Samples: Employment Agreement (Acacia Research Corp), Employment Agreement (Acacia Research Corp), Employment Agreement (Acacia Research Corp)

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Severability and Reformation. The parties hereto intend all provisions of this Agreement to be enforced to the fullest extent permitted by law. If, however, any provision of this Agreement is held to be illegal, invalid, or unenforceable under present or future law, such provision shall will be fully severable, and this Agreement shall will be construed and enforced as if such illegal, invalid, or unenforceable provision were never a part hereof, hereof and the remaining provisions shall will remain in full force and effect and shall not effect. Moreover, any provision so affected will be affected by limited only to the illegal, invalid, or unenforceable provision or by its severanceextent necessary to bring the Agreement within the applicable requirements of law.

Appears in 2 contracts

Samples: Employment Agreement (Acacia Research Corp), Employment Agreement (Acacia Research Corp)

Severability and Reformation. The parties hereto intend all provisions of this Agreement to be enforced to the fullest extent permitted by law. If, however, any provision of this Agreement is held to be illegal, invalid, invalid or unenforceable under any present or future law, such provision shall will be fully severable, severable and this Agreement shall will be construed and enforced as if such illegal, invalid, invalid or unenforceable provision were never a part hereof, and the remaining provisions shall will remain in full force and effect and shall will not be affected by the illegal, invalid, invalid or unenforceable provision or by its severance. Further, the illegal, invalid or unenforceable provision will be limited so that it will remain in effect to the fullest extent permitted by law.

Appears in 2 contracts

Samples: Unitholder Agreement, Unitholder Agreement (Inergy Holdings, L.P.)

Severability and Reformation. The parties hereto intend all provisions of this Agreement to be enforced to the fullest extent permitted by law. If, however, If any provision of this Agreement is held declared or found to be illegal, invalidunenforceable or void, in whole or unenforceable under present or future lawin part, such provision then the parties shall be fully severablerelieved of all obligations arising under such provision, but only to the extent that it is illegal, unenforceable or void, it being the intent and agreement of the parties that this Agreement shall be construed deemed amended by modifying such provision to the extent necessary to make it legal and enforced as enforceable while preserving its intent or, if such illegalthat is not possible, invalid, or unenforceable by substituting therefor another provision were never a part hereof, that is legal and enforceable and achieves the remaining provisions shall remain in full force and effect and shall not be affected by the illegal, invalid, or unenforceable provision or by its severancesame objectives.

Appears in 2 contracts

Samples: Employment Agreement (Zixit Corp), Employment Agreement (Zix Corp)

Severability and Reformation. The parties hereto intend all provisions of this Agreement to be enforced to the fullest extent permitted by law. If, however, any provision of this Agreement is held to be illegal, invalid, or unenforceable under present or future law, such provision shall be fully severable, and this Agreement shall be construed and enforced as if such illegal, invalid, or unenforceable provision were never a part hereof, and the remaining provisions shall remain in full force and effect and shall not be affected by the illegal, invalid, or unenforceable provision or by its severancetermination.

Appears in 2 contracts

Samples: Retention Agreement (Siena Holdings Inc), Retention Agreement (Siena Holdings Inc)

Severability and Reformation. The parties hereto intend all provisions of this Agreement to be enforced to the fullest extent permitted by law. If, It however, any provision of this Agreement is held to be illegal, invalid, or unenforceable under present or future law, such provision shall be fully severable, and this Agreement shall be construed and enforced as if such illegal, invalid, or unenforceable provision were never a part hereof, and the remaining provisions shall remain in full force and effect and shall not be affected by the illegal, invalid, or unenforceable provision or by its severance.

Appears in 1 contract

Samples: Employment Agreement (Inspire Insurance Solutions Inc)

Severability and Reformation. The parties hereto intend all provisions of this Agreement to be enforced to the fullest extent permitted by law. If, however, If any provision of this Agreement is held to be illegal, invalid, or unenforceable under present or future law, such provision shall be fully severable, and this Agreement shall be construed and enforced as if such illegal, invalid, or unenforceable provision were never a part hereof, and the remaining provisions shall remain in full force and effect and shall not be affected by the illegal, invalid, or unenforceable provision or by its severance.

Appears in 1 contract

Samples: Executive Employment Agreement (Good Guys Inc)

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