Severability Clause Example with 79 Variations from Business Contracts

This page contains Severability clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Severability. If any provision of this Agreement is, or becomes, or is deemed to be invalid, illegal, or unenforceable in any jurisdiction or as to any Person or the Award, or would disqualify the Plan or Award under any laws deemed applicable by the Committee, such provision shall be construed or deemed amended to conform to the applicable laws, or if it cannot be construed or deemed amended without, in the determination of the Committee, materially altering the intent of the Plan or the Award, such provisio...n shall be stricken as to such jurisdiction, Person or Award, and the remainder of the Plan and Award shall remain in full force and effect. View More

Variations of a "Severability" Clause from Business Contracts

Severability. If The invalidity or unenforceability of any provision of this Agreement is, or becomes, or is deemed to be invalid, illegal, or unenforceable in any jurisdiction or as to any Person or the Award, or would disqualify the Plan or Award under any laws deemed applicable by the Committee, such provision shall be construed or deemed amended to conform to the applicable laws, or if it cannot be construed or deemed amended without, in the determination of the Committee, materially altering the intent o...f the Plan or this Grant Agreement shall not affect the Award, such validity or enforceability of any other provision shall be stricken as to such jurisdiction, Person of the Plan or Award, this Grant Agreement, and the remainder each provision of the Plan and Award this Grant Agreement shall remain be severable and enforceable to the extent permitted by law. 6 20. Discretionary Nature of Plan. The Plan is discretionary and may be amended, cancelled or terminated by the Company at any time, in full force its discretion. The grant of the PSUs in this Grant Agreement does not create any contractual right or other right to receive any PSUs or other awards in the future. Future awards, if any, will be at the sole discretion of the Company. Any amendment, modification, or termination of the Plan shall not constitute a change or impairment of the terms and effect. conditions of the Grantee's employment with the Company. View More
Severability. If The invalidity or unenforceability of any provision of this Agreement is, or becomes, or is deemed to be invalid, illegal, or unenforceable in any jurisdiction or as to any Person or the Award, or would disqualify the Plan or Award under any laws deemed applicable by the Committee, such provision shall be construed or deemed amended to conform to the applicable laws, or if it cannot be construed or deemed amended without, in the determination of the Committee, materially altering the intent o...f the Plan or this Agreement will not affect the Award, such validity or enforceability of any other provision shall be stricken as to such jurisdiction, Person of the Plan or Award, this Agreement, and the remainder each provision of the Plan and Award shall remain this Agreement will be severable and enforceable to the extent permitted by law. 4 17. Discretionary Nature of Plan. The Plan is discretionary and may be amended, cancelled or terminated by the Company at any time, in full force its discretion. The grant of the Restricted Stock Units in this Agreement does not create any contractual right or other right to receive any Restricted Stock Units or other Stock Awards in the future. Future Stock Awards, if any, will be at the sole discretion of the Company. Any amendment, modification, or termination of the Plan will not constitute a change or impairment of the terms and effect. conditions of your employment or service with the Company. View More
Severability. If The invalidity or unenforceability of any provision of this Agreement is, or becomes, or is deemed to be invalid, illegal, or unenforceable in any jurisdiction or as to any Person or the Award, or would disqualify the Plan or Award under any laws deemed applicable by the Committee, such provision shall be construed or deemed amended to conform to the applicable laws, or if it cannot be construed or deemed amended without, in the determination of the Committee, materially altering the intent o...f the Plan or this Agreement shall not affect the Award, such validity or enforceability of any other provision shall be stricken as to such jurisdiction, Person of the Plan or Award, this Agreement, and the remainder each provision of the Plan and Award this Agreement shall remain be severable and enforceable to the extent permitted by law.10.Discretionary Nature of Plan. The Plan is discretionary and may be amended, cancelled or terminated by the Company at any time, in full force its discretion. The grant of the Option in this Agreement does not create any contractual right or other right to receive any Options or other Awards in the future. Future Awards, if any, will be at the sole discretion of the Company. Any amendment, modification, or termination of the Plan shall not constitute a change or impairment of the terms and effect. conditions of the Optionee's employment with the Company.11.Amendment. The Committee has the right to amend, alter, suspend, discontinue or cancel the Option, prospectively or retroactively; provided, that, no such amendment shall adversely affect the Optionee's material rights under this Agreement without the Optionee's consent. View More
Severability. If The invalidity or unenforceability of any provision of this Agreement is, or becomes, or is deemed to be invalid, illegal, or unenforceable in any jurisdiction or as to any Person or the Award, or would disqualify the Plan or Award under any laws deemed applicable by the Committee, such provision shall be construed or deemed amended to conform to the applicable laws, or if it cannot be construed or deemed amended without, in the determination of the Committee, materially altering the intent o...f the Plan or this Agreement shall not affect the Award, such validity or enforceability of any other provision shall be stricken as to such jurisdiction, Person of the Plan or Award, this Agreement, and the remainder each provision of the Plan and Award this Agreement shall remain be severable and enforceable to the extent permitted by law. Exhibit 10.2 15. Discretionary Nature of Plan. The Plan is discretionary and may be amended, cancelled or terminated by the Company at any time, in full force its discretion. The grant of the Restricted Stock Units in this Agreement does not create any contractual right or other right to receive any Restricted Stock Units or other Awards in the future. Future Awards, if any, will be at the sole discretion of the Company. Any amendment, modification, or termination of the Plan shall not constitute a change or impairment of the terms and effect. conditions of the Participant's employment with the Company. View More
Severability. If The invalidity or unenforceability of any provision of this Agreement is, or becomes, or is deemed to be invalid, illegal, or unenforceable in any jurisdiction or as to any Person or the Award, or would disqualify the Plan or Award under any laws deemed applicable by the Committee, such provision shall be construed or deemed amended to conform to the applicable laws, or if it cannot be construed or deemed amended without, in the determination of the Committee, materially altering the intent o...f the Plan or this Agreement shall not affect the Award, such validity or enforceability of any other provision shall be stricken as to such jurisdiction, Person of the Plan or Award, this Agreement, and the remainder each provision of the Plan and Award this Agreement shall remain be severable and enforceable to the extent permitted by law. -7- 19. Discretionary Nature of Plan. The Plan is discretionary and may be amended, cancelled or terminated by the Company at any time, in full force its discretion. The grant of the PSUs in this Agreement does not create any contractual right or other right to receive any PSUs or other Awards in the future. Future Awards, if any, will be at the sole discretion of the Company. Any amendment, modification, or termination of the Plan shall not constitute a change or impairment of the terms and effect. conditions of the Grantee's employment with the Company. View More
Severability. If The invalidity or unenforceability of any provision of this Agreement is, or becomes, or is deemed to be invalid, illegal, or unenforceable in any jurisdiction or as to any Person or the Award, or would disqualify the Plan or Award under any laws deemed applicable by the Committee, such provision shall be construed or deemed amended to conform to the applicable laws, or if it cannot be construed or deemed amended without, in the determination of the Committee, materially altering the intent o...f the Plan or this Agreement shall not affect the Award, such validity or enforceability of any other provision shall be stricken as to such jurisdiction, Person of the Plan or Award, this Agreement, and the remainder each provision of the Plan and Award this Agreement shall remain be severable and enforceable to the extent permitted by law. 6 19. Discretionary Nature of Plan. The Plan is discretionary and may be amended, cancelled or terminated by the Company at any time, in full force its discretion. The grant of the PSUs in this Agreement does not create any contractual right or other right to receive any PSUs or other Awards in the future. Future Awards, if any, will be at the sole discretion of the Company. Any amendment, modification, or termination of the Plan shall not constitute a change or impairment of the terms and effect. conditions of the Grantee's employment with the Company. View More
Severability. If The invalidity or unenforceability of any provision of this Agreement is, or becomes, or is deemed to be invalid, illegal, or unenforceable in any jurisdiction or as to any Person or the Award, or would disqualify the Plan or Award under any laws deemed applicable by the Committee, such provision shall be construed or deemed amended to conform to the applicable laws, or if it cannot be construed or deemed amended without, in the determination of the Committee, materially altering the intent o...f the Plan or this Agreement shall not affect the Award, such validity or enforceability of any other provision shall be stricken as to such jurisdiction, Person of the Plan or Award, this Agreement, and the remainder each provision of the Plan and Award this Agreement shall remain be severable and enforceable to the extent permitted by law. 9 13. Discretionary Nature of Plan. The Plan is discretionary and may be amended, cancelled or terminated by the Company at any time, in full force its discretion. The grant of the RSUs in this Agreement does not create any contractual right or other right to receive any RSUs or other Awards in the future. Future Awards, if any, will be at the sole discretion of the Company. Any amendment, modification, or termination of the Plan shall not constitute a change or impairment of the terms and effect. conditions of the Participant's employment with the Company. View More
Severability. If The invalidity or unenforceability of any provision of this Agreement is, or becomes, or is deemed to be invalid, illegal, or unenforceable in any jurisdiction or as to any Person or the Award, or would disqualify the Plan or Award under any laws deemed applicable by the Committee, such provision shall be construed or deemed amended to conform to the applicable laws, or if it cannot be construed or deemed amended without, in the determination of the Committee, materially altering the intent o...f the Plan or this Agreement shall not affect the Award, such validity or enforceability of any other provision shall be stricken as to such jurisdiction, Person of the Plan or Award, this Agreement, and the remainder each provision of the Plan and Award this Agreement shall remain be severable and enforceable to the extent permitted by law. 4 16. Discretionary Nature of Plan. The Plan is discretionary and may be amended, altered, suspended or terminated by the Administrator at any time, in full force its discretion. The grant of the Restricted Stock in this Agreement does not create any contractual right or other right to receive any Restricted Stock or other awards in the future. Any amendment, modification, or termination of the Plan shall not constitute a change or impairment of the terms and effect. conditions of the Grantee's employment with, or service to, the Company or its affiliates. View More
Severability. If The invalidity or unenforceability of any provision of this Agreement is, or becomes, or is deemed to be invalid, illegal, or unenforceable in any jurisdiction or as to any Person or the Award, or would disqualify the Plan or Award under any laws deemed applicable by the Committee, such provision shall be construed or deemed amended to conform to the applicable laws, or if it cannot be construed or deemed amended without, in the determination of the Committee, materially altering the intent o...f the Plan or this Agreement shall not affect the Award, such validity or enforceability of any other provision shall be stricken as to such jurisdiction, Person of the Plan or Award, this Agreement, and the remainder each provision of the Plan and Award this Agreement shall remain be severable and enforceable to the extent permitted by law. 5 17. Discretionary Nature of Plan. The Plan is discretionary and may be amended, cancelled or terminated by the Company at any time, in full force its discretion. The grant of the Option in this Agreement does not create any contractual right or other right to receive any Options or other Awards in the future. Future Awards, if any, will be at the sole discretion of the Company. Any amendment, modification, or termination of the Plan shall not constitute a change or impairment of the terms and effect. conditions of the Participant's employment with the Company. View More
Severability. If The invalidity or unenforceability of any provision of this Agreement is, or becomes, or is deemed to be invalid, illegal, or unenforceable in any jurisdiction or as to any Person or the Award, or would disqualify the Plan or Award under any laws deemed applicable by the Committee, such provision shall be construed or deemed amended to conform to the applicable laws, or if it cannot be construed or deemed amended without, in the determination of the Committee, materially altering the intent o...f the Plan or this Agreement shall not affect the Award, such validity or enforceability of any other provision shall be stricken as to such jurisdiction, Person of the Plan or Award, this Agreement, and the remainder each provision of the Plan and Award this Agreement shall remain be severable and enforceable to the extent permitted by law. 5 24. Discretionary Nature of Plan. The Plan is discretionary and may be amended, cancelled or terminated by the Company, at any time, in full force its discretion. The grant of the Option in this Agreement does not create any contractual right or other right to receive any Options or other Awards in the future. Future Awards, if any, will be at the sole discretion of the Company. Any amendment, modification, or termination of the Plan shall not constitute a change or impairment of the terms and effect. conditions of the Participant's employment with the Company. View More