Common use of Arbitration; Severability Clause in Contracts

Arbitration; Severability. If for any reason all or part of this arbitration provision is held to be invalid, illegal or unenforceable in any respect under any applicable law or regulation in any jurisdiction, such invalidity, illegality or unenforceability will not affect any other part of this arbitration provision or any other jurisdiction. But this provision will be reformed, construed and enforced in such jurisdiction as if such invalid, illegal, or unenforceable part or parts of this arbitration provision had never been contained herein, consistent with the general intent of the parties, as evidenced herein, insofar as possible.