Severability Clause Example from Business Contracts

This example Severability clause appears in 6 contracts from 1 company

Severability. If, for any reason, any Section or portion of this Agreement shall be held by a court to be invalid or unenforceable, it is agreed that such holding shall not affect any other section or portion of this Agreement. If the final judgment of a court of competent jurisdiction declares that any term or provision of this Agreement is invalid or unenforceable, the parties agree that the court making the determination of invalidity or unenforceability shall have the power to reduce the scope, duration o...r area of the term or provision, to delete specific words or phrases, or to replace any invalid or unenforceable term or provision with a term or provision that is valid and enforceable and that comes closest to expressing the intention of the invalid or unenforceable term or provision, and this Agreement shall be enforceable as so modified after the expiration of the time within which the judgment may be appealed. View More Arrow
Found in ALERUS FINANCIAL CORP contract
ALERUS FINANCIAL CORP Contracts

Executive Severance Agreement by and between Alerus Financial Corporation and Randy Newman, dated August 1, 2017 (Filed With SEC on August 16, 2019)

Executive Severance Agreement by and between Alerus Financial Corporation and Dan Cheever, dated October 8, 2017 (Filed With SEC on August 16, 2019)

Executive Severance Agreement by and between Alerus Financial Corporation and Kris Compton, dated October 8, 2017 (Filed With SEC on August 16, 2019)

Executive Severance Agreement by and between Alerus Financial Corporation and Katie Lorenson, dated October 31, 2018 (Filed With SEC on August 16, 2019)

Executive Severance Agreement by and between Alerus Financial Corporation and Ann McConn, dated October 8, 2017 (Filed With SEC on August 16, 2019)

Executive Severance Agreement by and between Alerus Financial Corporation and Karin Taylor, dated December 10, 2018 (Filed With SEC on August 16, 2019)