Severability Clause Example from Business Contracts

This example Severability clause appears in 3 contracts from 1 company

Severability. If any provision of this Agreement or the Award Memorandum or the application of any provision hereof or thereof to any person or circumstances is held invalid or unenforceable, the remainder of this Agreement and the Award Memorandum and the application of such provision in any other person or circumstances shall not be affected, and the provisions so held to be invalid or unenforceable shall be reformed to the extent (and only to the extent) necessary to make it enforceable and valid.
Found in SITE Centers Corp. contract
SITE Centers Corp. Contracts

Form of 2019 Plan Restricted Share Units Award Memorandum 2 (Filed With SEC on August 5, 2019)

DDR CORP. RESTRICTED SHARE UNITS AWARD MEMORANDUM (Filed With SEC on May 4, 2016)

DDR CORP. STOCK OPTION AWARD MEMORANDUM (Filed With SEC on May 4, 2016)