Common use of Specific Performance and Severability Clause in Contracts

Specific Performance and Severability. The Executive agrees that the Company and the Bank do not have an adequate remedy at law for the breach of this Section 11 and agrees that he or she shall be subject to injunctive relief and equitable remedies as a result of any breach of this section. The provisions of this Agreement shall be deemed severable, and the invalidity or unenforceability of any provision of this Agreement shall not affect the force and effect of the remaining provisions.

Appears in 12 contracts

Samples: Management Change in Control Severance Agreement (Parke Bancorp, Inc.), Management Change in Control Severance Agreement (Parke Bancorp, Inc.), Management Change in Control Severance Agreement (Parke Bancorp, Inc.)

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