Common use of Survival; Other Remedies Clause in Contracts

Survival; Other Remedies. The provisions of this Section shall survive the termination of this Agreement and will be construed as independent of any other provision of this Agreement, and the existence of any claim or cause of action by the Participant against the Company, whether predicated on this Agreement or otherwise, will not constitute a defense to the enforcement by the Company of such covenants and agreements. If any provision of this Agreement, including this Section, is invalid in part or in whole, it will be deemed to have been amended, whether as to time, area covered or otherwise, as and to the extent required for its validity under applicable law and, as so amended, will be enforceable. The parties will execute all documents necessary to evidence such amendment.

Appears in 2 contracts

Samples: Performance Stock Unit Award Agreement (Republic Bancorp Inc /Ky/), Restricted Stock Award Agreement (Republic Bancorp Inc /Ky/)

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Survival; Other Remedies. The provisions of this Section 7 shall survive the termination of this Agreement and will be construed as independent of any other provision of this Agreement, and the existence of any claim or cause of action by the Participant Optionee against the Company, whether predicated on this Agreement or otherwise, will not constitute a defense to the enforcement by the Company of such covenants and agreements. If any provision of this Agreement, including this SectionSection 7, is invalid in part or in whole, it will be deemed to have been amended, whether as to time, area covered or otherwise, as and to the extent required for its validity under applicable law and, as so amended, will be enforceable. The parties will execute all documents necessary to evidence such amendment.

Appears in 1 contract

Samples: Stock Incentive Plan (Republic Bancorp Inc /Ky/)

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Survival; Other Remedies. The provisions of this Section shall survive the termination of this Agreement and will be construed as independent of any other provision of this Agreement, and the existence of any claim or cause of action by the Participant against the Company, whether predicated on this Agreement or otherwise, will not constitute a defense to the enforcement by the Company of such covenants and agreements. If any provision of this Agreement, including this SectionSection 7, is invalid in part or in whole, it will be deemed to have been amended, whether as to time, area covered or otherwise, as and to the extent required for its validity under applicable law and, as so amended, will be enforceable. The parties will execute all documents necessary to evidence such amendment.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Republic Bancorp Inc /Ky/)

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