Common use of Blue Pencil Doctrine Clause in Contracts

Blue Pencil Doctrine. If the duration or geographical extent of, or business activities covered by, this Section 7.11 are in excess of what is valid and enforceable under applicable law, then such provision shall be construed to cover only that duration, geographical extent or activities that are valid and enforceable. The Company and the Shareholders each acknowledges the uncertainty of the law in this respect and expressly stipulates that this Agreement is to be given the construction which renders its provisions valid and enforceable to the maximum extent (not exceeding its express terms) possible under applicable law.

Appears in 1 contract

Samples: Asset Purchase Agreement (Cyberoptics Corp)

AutoNDA by SimpleDocs

Blue Pencil Doctrine. If the duration or geographical extent of, or business activities covered by, this Section 7.11 7 are in excess of what is valid and enforceable under applicable law, then such provision shall be construed to cover only that duration, geographical extent or activities that are valid and enforceable. The Company and the Shareholders each Executive acknowledges the uncertainty of the law in this respect and expressly stipulates that this Agreement is to be given the construction which renders its provisions valid and enforceable to the maximum extent (not exceeding its express terms) possible under applicable law.

Appears in 1 contract

Samples: Employment Agreement (Compex Technologies Inc)

Blue Pencil Doctrine. If the duration or geographical extent of, or business activities covered by, this Section 7.11 8.1 are in excess of what is valid and enforceable under applicable law, then such provision shall be construed to cover only that duration, geographical extent or activities that are valid and enforceable. The Company and the Shareholders each acknowledges Sellers acknowledge the uncertainty of the law in this respect and expressly stipulates stipulate that this Agreement is to be given the construction which renders its provisions valid and enforceable to the maximum extent (not exceeding its express terms) possible under applicable law.

Appears in 1 contract

Samples: Asset Purchase Agreement (Sourcecorp Inc)

Blue Pencil Doctrine. If the duration or geographical extent of, or business activities covered by, this Section 7.11 6.09 are in excess of what is valid and enforceable under applicable law, then such provision shall be construed to cover only that duration, geographical extent or activities that are valid and enforceable. The Company Seller and the Shareholders each acknowledges Shareholder acknowledge the uncertainty of the law in this respect and expressly stipulates stipulate that this Agreement is to be given the construction which renders its provisions valid and enforceable to the maximum extent (not exceeding its express terms) possible under applicable law.

Appears in 1 contract

Samples: Asset Purchase Agreement (C H Robinson Worldwide Inc)

Blue Pencil Doctrine. If the duration or geographical extent of, or business activities covered by, this Section 7.11 7 are in excess of what is valid and enforceable under applicable law, then such provision shall be construed to cover only that duration, geographical extent or activities that are valid and enforceable. The Company and the Shareholders each acknowledges the uncertainty of the law in this respect and expressly stipulates that this Agreement is to be given the construction which renders its provisions valid and enforceable to the maximum extent (not exceeding its express terms) possible under applicable law.

Appears in 1 contract

Samples: Employment Agreement (Bioforce Nanosciences Holdings, Inc.)

AutoNDA by SimpleDocs

Blue Pencil Doctrine. If the duration or geographical extent of, or business activities covered by, this Section 7.11 5.06 are in excess of what is valid and enforceable under applicable law, then such provision shall be construed to cover only that duration, geographical extent or activities that are valid and enforceable. The Company and the Shareholders each Shareholder acknowledges the uncertainty of the law in this respect and expressly stipulates that this Agreement is to be given the construction which renders its provisions valid and enforceable to the maximum extent (not exceeding its express terms) possible under applicable law.

Appears in 1 contract

Samples: Stock Purchase Agreement (Fourth Shift Corp)

Blue Pencil Doctrine. If the duration or geographical extent of, or business activities covered by, this Section 7.11 7 are in excess of what is valid and enforceable under applicable law, then such provision shall will be construed to cover only that duration, geographical extent extent, or activities that are valid and enforceable. The Company and the Shareholders each Executive acknowledges the uncertainty of the law in this respect and expressly stipulates that this Agreement is to Section 7 be given the construction which renders its provisions valid and enforceable to the maximum extent (not exceeding its express terms) possible under applicable lawlaws.

Appears in 1 contract

Samples: Separation Agreement (Daktronics Inc /Sd/)

Time is Money Join Law Insider Premium to draft better contracts faster.