Severability Clause Example from Business Contracts

This example Severability clause appears in 3 contracts from 2 companies

Severability. If any provision of this Plan or any Award is or becomes or is deemed to be invalid, illegal, or unenforceable in any jurisdiction or as to any Participant or Award, or would disqualify this Plan or any Award under any applicable law, 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 Board, materially altering the intent of this Plan or the Award, such provision shall be... stricken as to such jurisdiction, Participant or Award and the remainder of this Plan and any such Award shall remain in full force and effect. View More Arrow
Found in Hercules Capital, Inc. contract
Hercules Capital, Inc. Contracts

Hercules Capital, Inc. Amended and Restated 2018 Equity Incentive Plan (Filed With SEC on January 31, 2019)

Hercules Capital, Inc. 2004 Equity Incentive Plan (Amended and Restated Effective December 29, 2016) (Filed With SEC on January 5, 2017)

Trinity Capital Inc. Contracts

2019 Trinity Capital Inc. Long Term Incentive Plan (Filed With SEC on June 23, 2021)