Severability Clause Example from Business Contracts
This example Severability clause appears in 2 contracts from 1 company
Severability. If any provision of this Award Agreement is or becomes or is deemed to be invalid, illegal, or unenforceable in any jurisdiction, such provision shall be construed or deemed amended to conform to the applicable law or, if it cannot be construed or deemed amended without, in the determination of the Committee, materially altering the intent of this Award Agreement, such provision shall be stricken as to such jurisdiction, and the remainder of this Award Agreement shall remain in full force and...
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Found in
MPLX LP contract
MPLX LP Contracts
MPLX LP 2018 Incentive Compensation Plan Phantom Unit Award Agreement with [Participant Name] (Filed With SEC on November 4, 2019)
MPLX LP 2018 Incentive Compensation Plan Phantom Unit Award Agreement (MPLX GP LLC and Participant) (Filed With SEC on November 4, 2019)