Severability Clause Example from Business Contracts

This example Severability clause appears in 2 contracts from 1 company

Severability. If all or any part of this Option Agreement or the Plan is declared by any court or governmental authority to be unlawful or invalid, such unlawfulness or invalidity will not invalidate any portion of this Option Agreement or the Plan not declared to be unlawful or invalid. Any Section of this Option Agreement (or part of such a Section) so declared to be 7 STANDARD FORM unlawful or invalid shall, if possible, be construed in a manner which will give effect to the terms of such Section or part o...f a Section to the fullest extent possible while remaining lawful and valid. View More Arrow