Severability Clause Example from Business Contracts

Severability. If all or any part of this Agreement, the Plan or the LTIP is declared by any court or governmental authority to be unlawful or invalid, such unlawfulness or invalidity shall not invalidate any portion of this Agreement, the Plan or the LTIP not declared to be unlawful or invalid. Any Section of this Agreement (or part of such a Section) so declared to be unlawful or invalid shall, if possible, be construed in a manner which will give effect to the terms of such Section or part of a Section to t...he fullest extent possible while remaining lawful and valid. View More