Reformation Clause Example from Business Contracts
This example Reformation clause appears in 2 contracts from 1 company
Reformation. If a court or arbitrator concludes that any time period or the geographic area specified in any restrictive covenant in Sections 11 through 17 of this Agreement is unenforceable, then the time period will be reduced by the number of months, or the geographic area will be reduced by the elimination of such unenforceable portion, or both, so that the restrictions may be enforced in the geographic area and for the time to the full extent permitted by law.
Found in
BASIC ENERGY SERVICES INC contract
BASIC ENERGY SERVICES INC Contracts
Employment Agreement of David Schorlemer, effective as of August 27, 2018 (Filed With SEC on August 31, 2018)
AMENDED AND RESTATED EMPLOYMENT AGREEMENT (Thomas Monroe Patterson) (Filed With SEC on May 7, 2013)